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Last Update: 28-Nov-2020, 06:12 CST

ORCL Correlation Report

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Correlation Plot    ExplainYTD: ORCL  10.9 %  vs. SPX  12.6 % 
Oracle Corporation

* Correlation: STRONG* Reward: NEGATIVE
* Diversifier: VERY WEAK* Risk: MODERATE

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.677

-0.272

1.04

-119

11.4

41.7
* Last 60 market days. ORCL relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankORCL CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
0.689 Subscribe first then Login to view complete reports now

0.772

0.119

1.76
2
1
0.679 Subscribe first then Login to view complete reports now

0.846

0.181

1.07
3
0.677 Subscribe first then Login to view complete reports now



4
0.666 Subscribe first then Login to view complete reports now

0.793

-0.054

1.77
5
0.652 PAYX - Paychex Inc.

0.774

0.108

1.19
Least Correlated Non-ETF Securities:
RankORCL CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
29
-0.001 Subscribe first then Login to view complete reports now

0.120

0.526

2.13
2
7
0.001 Subscribe first then Login to view complete reports now

0.029

-1.547

3.35
3
11
0.002 Subscribe first then Login to view complete reports now

0.226

0.207

2.21
4
24
-0.002 Subscribe first then Login to view complete reports now

0.071

-0.167

7.51
5
16
0.003 DLTH - Duluth Holdings Inc. - Class B

0.079

0.143

2.71
Most Anti-Correlated Non-ETF Securities:
RankORCL CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.427 Subscribe first then Login to view complete reports now

-0.729

-0.021

-0.30
2
-0.416 Subscribe first then Login to view complete reports now

-0.664

-0.028

-0.46
3
4
-0.278 Subscribe first then Login to view complete reports now

-0.366

-0.060

-0.27
4
5
-0.238 Subscribe first then Login to view complete reports now

-0.251

-0.060

-0.30
5
5
-0.235 SINO - Sino-Global Shipping America Ltd.

-0.159

0.691

-5.07




 

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