Pair Correlation Between Accenture plc and iGATE

This module allows you to analyze existing cross correlation between Accenture plc and iGATE Corporation. You can compare the effects of market volatilities on Accenture plc and iGATE and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Accenture plc with a short position of iGATE. See also your portfolio center. Please also check ongoing floating volatility patterns of Accenture plc and iGATE.
 Time Horizon     30 Days    Login   to change
 Accenture plc  vs   iGATE Corp.
 Performance (%) 

Pair Volatility

If you would invest  0.00  in iGATE Corporation on January 23, 2018 and sell it today you would earn a total of  0.00  from holding iGATE Corporation or generate 0.0% return on investment over 30 days.

Correlation Coefficient

Pair Corralation between Accenture plc and iGATE


Time Period1 Month [change]
ValuesDaily Returns


Pay attention

Overlapping area represents the amount of risk that can be diversified away by holding Accenture plc and iGATE Corp. in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on iGATE and Accenture plc is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Accenture plc are associated (or correlated) with iGATE. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of iGATE has no effect on the direction of Accenture plc i.e. Accenture plc and iGATE go up and down completely randomly.

Comparative Volatility

Accenture plc


Risk-Adjusted Performance

Over the last 30 days Accenture plc has generated negative risk-adjusted returns adding no value to investors with long positions.