Macroaxis: Personalized Investing
Personalized Investing and
Digital Wealth Optimization

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An investor can reduce portfolio risk simply by holding instruments which are not perfectly correlated. In other words, investors can reduce their exposure to individual asset risk by holding a diversified portfolio of assets. Diversification will allow for the same portfolio return with reduced risk.

About correlation table

Correlation table is a two-dimensional matrix that shows correlation coefficient between pairs of securities. The cells in the table are color-coded to highlight significantly positive and negative relationships.

About correlation cloud

Correlation cloud is a flat representation of correlation coefficients between pairs of securities. The links in the cloud are color-coded to highlight significantly positive and negative relationships.

To create correlation table or cloud specify valid comma-separated symbols and hit Build It button.

Please note, the New York Stock Exchange (NYSE) and American Stock Exchange (AMEX) have recently merged. Although Macroaxis has implemented solutions to handle this transition gracefully, you may still find some securities that may not be fully transferred from one exchange to another.
 

Correlation Analysis

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Specify valid equity symbols. Use comma or space to separate symbols
Switch to World markets correlations | Portfolio equities correlations
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      Click cells to compare fundamentals

 
 
Evaluating the first 10 symbols. Please upgrade your account to plot more symbols

Correlation Matchups

High positive correlations

 YHOOMSFT  
 CRMYHOO  
 AF  
 CRMMSFT  
 JPMCRM  
 JPMMSFT  
 MRKA  
 FMSFT  
   

Insignificant Correlation

 MRKMSFT  
 XOMMRK  
 CRMT  
 XOMJPM  
 TMSFT  
 AGOOG  
 FGOOG  
 XOMGOOG  
   

High negative correlations

 TGOOG  
 XOMJPM  
 CRMT  
 XOMMRK  
 MRKMSFT  

Weakest Diversification

   

Strongest Diversification

   

Weakest Diversification

Assets performance indicators