Marshall Ilsley Correlations

The correlation of Marshall Ilsley is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
ITAYYCSSE
CSSECSSEL
GFLCSSE
MLGOMBFJF
ITAYYCSSEL
ITAYYGFL
  
High negative correlations   
CSSEMBFJF
LIDRXPOF
DALNXPOF
CSSELMBFJF
ITAYYLIDR
CSSEMLGO

Risk-Adjusted Indicators

There is a big difference between Marshall Stock performing well and Marshall Ilsley Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Marshall Ilsley's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
MBFJF  1.72  0.30  0.12  0.58  1.72 
 4.38 
 13.33 
MLGO  42.38  19.20  1.94 (14.62) 7.61 
 31.75 
 805.20 
CSSEL  4.09 (0.27) 0.00 (0.19) 0.00 
 9.00 
 37.75 
CSSE  3.32 (0.90) 0.00  2.96  0.00 
 7.21 
 24.45 
XPOF  3.93  0.05  0.00  0.12  6.45 
 6.14 
 70.83 
VIASP  4.14  0.23  0.03 (0.17) 6.13 
 8.02 
 28.91 
LIDR  10.03  2.71  0.27 (1.73) 7.52 
 35.77 
 138.75 
DALN  1.45  0.07  0.02  0.44  1.89 
 3.34 
 8.15 
GFL  1.65  0.16  0.06 (0.26) 1.60 
 3.46 
 8.24 
ITAYY  1.87 (0.20) 0.00 (0.50) 0.00 
 5.83 
 19.79 

Marshall Ilsley Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Marshall Ilsley stock to make a market-neutral strategy. Peer analysis of Marshall Ilsley could also be used in its relative valuation, which is a method of valuing Marshall Ilsley by comparing valuation metrics with similar companies.
 Risk & Return  Correlation