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Correlations Analysis

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Source
List Type
87.00 5.00 (6.10%) 09/03/2026
Clean life company (9581.SR)
Showing Correlations for up to two years. To view all data, Upgrade to PRO plan!
Found large sets of symbols. Showing 25 symbols.

Correlation Analytics

9581.SR vs 19 instruments · 06 Sep 2024 – 06 Sep 2026 · Daily returns
Average correlation by asset class
Equity Indices
0.05
19 instruments
Key Observations
  • Nothing in this set moves strongly with 9581.SR: the highest is $AXJO at only r = 0.13 — its day-to-day moves are largely its own.
  • $KS11 is effectively uncorrelated (r = -0.02), the best diversifier against 9581.SR here.
  • Across the set (all Equity Indices), average correlation to 9581.SR is 0.05.
  • Correlation to $MERV is falling (3M r = -0.22 vs 1Y 0.05) — they have been decoupling lately.
  • Overall, 9581.SR is largely idiosyncratic versus this set (avg |r| = 0.05) — its moves are mostly stock-specific.
  • Versus $AXJO, Pearson r and Spearman ρ agree (0.13 vs 0.12), so the relationship is broadly linear and the β is dependable.
  • 9581.SR and $AXJO move contemporaneously (correlation is strongest same-day) — no usable lead-lag timing within ±3 days.
  • Correlation to $AXJO tightens under stress: r = 0.03 in calm markets (low VIX) vs r = 0.17 in high-volatility regimes — diversification weakens exactly when you need it.
Derived from the figures below · point-in-time over the selected window · not investment advice.
By instrument · correlation across windows, with sensitivity
SymbolName1M3M6M1YTrendβ
$AXJOS&P/ASX 200 Accumulated0.140.060.120.110.280.02
$AFLIS&P/ASX 500.250.100.140.100.270.02
$AEXAEX Amsterdam Index-0.22-0.070.020.160.210.01
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β and R² computed over the full selected window vs each instrument · window correlations use common trading days only · ▲/▼ = recent (3M) vs longer-term (1Y) correlation · not investment advice.

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