International Business Related Correlations

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IBM -- USA Stock  

Earnings Report: April 21, 2020  

Generate correlation matrix for International Business and other related equities to check the degree to which . International Business Machines price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for International Business Machines. To filter out specific equities, please toggle its corresponding legend item. Please also see Risk vs Return Analysis.
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Correlations

Correlation Matchups

High positive correlations

  

Insignificant Correlation

  

High negative correlations

Weakest Diversification

  

Strongest Diversification

  

Weakest Diversification

Performance Indicators

Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
 0.59  0.09  0.05  0.26  0.55  0.05 (0.70)  1.34 (0.89)  3.76 
 0.92  0.02  0.00  0.14  2.13  0.00 (0.88)  1.36 (1.60)  12.00 
 0.75  0.09  0.06  0.24  0.90  0.07 (0.82)  1.46 (1.68)  3.99 
 1.20  0.16  0.11  0.23  1.54  0.11 (1.40)  3.30 (1.47)  9.87 
 0.77  0.05  0.03  0.17  0.77  0.0332 (0.78)  1.58 (1.44)  7.87 
 2.43 (0.31)  0.00 (0.03)  0.00 (0.0499)  0.00  5.65 (5.28)  20.34 
 2.06  0.30  0.10  0.73  2.13  0.08 (2.36)  3.62 (3.63)  19.10 
 1.89  0.28  0.21  0.30  1.40  0.11 (2.54)  3.91 (2.84)  24.06 
 1.07  0.03  0.02  0.15  1.65  0.0176 (1.06)  2.57 (1.96)  8.41 
 0.69  0.09  0.05  0.31  0.44  0.0342 (0.94)  1.73 (1.02)  5.78