Correlation Analysis Between Verisk Analytics and Visa

This module allows you to analyze existing cross correlation between Verisk Analytics and Visa. You can compare the effects of market volatilities on Verisk Analytics and Visa 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 Verisk Analytics with a short position of Visa. See also your portfolio center. Please also check ongoing floating volatility patterns of Verisk Analytics and Visa.
Horizon     30 Days    Login   to change
Compare Efficiency

Comparative Performance

Verisk Analytics  

Risk-Adjusted Performance

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

Risk-Adjusted Performance

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

Verisk Analytics and Visa Volatility Contrast

 Predicted Return Density 

Verisk Analytics Inc  vs.  Visa Inc

 Performance (%) 

Pair Volatility

Given the investment horizon of 30 days, Verisk Analytics is expected to generate 0.84 times more return on investment than Visa. However, Verisk Analytics is 1.19 times less risky than Visa. It trades about 0.19 of its potential returns per unit of risk. Visa is currently generating about 0.13 per unit of risk. If you would invest  11,023  in Verisk Analytics on January 18, 2019 and sell it today you would earn a total of  1,515  from holding Verisk Analytics or generate 13.74% return on investment over 30 days.

Pair Corralation between Verisk Analytics and Visa

Time Period2 Months [change]
ValuesDaily Returns

Diversification Opportunities for Verisk Analytics and Visa

Verisk Analytics Inc diversification synergy

Very poor diversification

Overlapping area represents the amount of risk that can be diversified away by holding Verisk Analytics Inc and Visa Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Visa and Verisk Analytics 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 Verisk Analytics are associated (or correlated) with Visa. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Visa has no effect on the direction of Verisk Analytics i.e. Verisk Analytics and Visa go up and down completely randomly.

Thematic Opportunities

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