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Correlation Between KSM MUTUAL and Citigroup

Analyzing existing cross correlation between KSM MUTUAL FUNDS L and Citigroup. You can compare the effects of market volatilities on KSM MUTUAL and Citigroup 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 KSM MUTUAL with a short position of Citigroup. Check out your portfolio center. Please also check ongoing floating volatility patterns of KSM MUTUAL and Citigroup.

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Diversification Opportunities for KSM MUTUAL and Citigroup

KSM MUTUAL FUNDS L diversification synergy
0.0
KSM
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Pay attention - limited upside

The 3 months correlation between KSM-F86 and Citigroup is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding KSM MUTUAL FUNDS L and Citigroup Inc in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Citigroup and KSM MUTUAL 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 KSM MUTUAL FUNDS L are associated (or correlated) with Citigroup. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Citigroup has no effect on the direction of KSM MUTUAL i.e. KSM MUTUAL and Citigroup go up and down completely randomly.

Pair Corralation between KSM MUTUAL and Citigroup

If you would invest (100.00)  in KSM MUTUAL FUNDS L on January 25, 2020 and sell it today you would earn a total of  100.00  from holding KSM MUTUAL FUNDS L or generate -100.0% return on investment over 30 days.
Time Period3 Months [change]
DirectionFlat 
StrengthInsignificant
Accuracy0.0%
ValuesDaily Returns

KSM MUTUAL FUNDS L  vs.  Citigroup Inc

 Performance (%) 
    
  Timeline 
KSM MUTUAL FUNDS 
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Risk-Adjusted Performance

Over the last 30 days KSM MUTUAL FUNDS L has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, KSM MUTUAL is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Citigroup 
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Risk-Adjusted Performance

Over the last 30 days Citigroup has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Citigroup is not utilizing all of its potentials. The new stock price disturbance, may contribute to short term losses for the investors.

KSM MUTUAL and Citigroup Volatility Contrast

KSM MUTUAL FUNDS L

Pair trading matchups for KSM MUTUAL

Check out your portfolio center. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.