Barclays PLC Correlations

BCS Stock

USD 18.21 0.34 1.90%

The current 90-days correlation between Barclays PLC ADR and Banco Bilbao Viscaya is 0.79 (i.e., Poor diversification). The correlation of Barclays PLC 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Barclays PLC Correlation With Market

Very poor diversification

The correlation between Barclays PLC ADR and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barclays PLC ADR and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Barclays Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barclays PLC ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Barclays Stock

0.95	C	Citigroup Aggressive Push	Pair Corr
0.81	CM	Canadian Imperial Bank	Pair Corr
0.87	RY	Royal Bank	Pair Corr
0.87	TD	Toronto Dominion Bank	Pair Corr
0.88	EWBC	East West Bancorp	Pair Corr
0.88	BAC	Bank of America	Pair Corr
0.96	BMO	Bank of Montreal	Pair Corr
0.91	BNS	Bank of Nova Scotia	Pair Corr
0.91	ING	ING Group NV	Pair Corr
0.93	JPM	JPMorgan Chase	Pair Corr
0.76	JPM-PC	JPMorgan Chase	Pair Corr
0.91	NTB	Bank of NT	Pair Corr
0.9	NWG	Natwest Group PLC	Pair Corr
0.95	SAN	Banco Santander SA	Pair Corr
0.82	UBS	UBS Group AG Normal Trading	Pair Corr
0.92	WFC	Wells Fargo	Pair Corr
0.92	HSBC	HSBC Holdings PLC	Pair Corr
0.7	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.95	BBVA	Banco Bilbao Viscaya	Pair Corr

Moving against Barclays Stock

0.37	BAC-PM	Bank of America	Pair Corr
0.31	BAC-PN	Bank of America	Pair Corr
0.37	FG	FG Annuities Life Normal Trading	Pair Corr
0.31	BAC-PQ	Bank of America	Pair Corr
0.31	BAC-PS	Bank of America	Pair Corr

Related Correlations Analysis

	BBVA	SAN	UBS	HSBC	MUFG	SMFG	ING	C	RY	BCDRF
BBVA		0.97	0.71	0.82	0.58	0.42	0.88	0.85	0.89	0.94	BBVA
SAN	0.97		0.64	0.8	0.55	0.36	0.88	0.85	0.95	0.97	SAN
UBS	0.71	0.64		0.91	0.84	0.82	0.74	0.89	0.48	0.62	UBS
HSBC	0.82	0.8	0.91		0.85	0.78	0.85	0.94	0.65	0.77	HSBC
MUFG	0.58	0.55	0.84	0.85		0.95	0.64	0.81	0.36	0.55	MUFG
SMFG	0.42	0.36	0.82	0.78	0.95		0.49	0.69	0.14	0.36	SMFG
ING	0.88	0.88	0.74	0.85	0.64	0.49		0.86	0.81	0.87	ING
C	0.85	0.85	0.89	0.94	0.81	0.69	0.86		0.74	0.83	C
RY	0.89	0.95	0.48	0.65	0.36	0.14	0.81	0.74		0.92	RY
BCDRF	0.94	0.97	0.62	0.77	0.55	0.36	0.87	0.83	0.92		BCDRF
	BBVA	SAN	UBS	HSBC	MUFG	SMFG	ING	C	RY	BCDRF

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Barclays Stock performing well and Barclays PLC 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 Barclays PLC'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BBVA	1.52	0.21	0.08	0.20	2.49	(1.46)	2.99	(2.87)	14.48
SAN	1.67	0.34	0.10	0.30	2.73	(1.64)	3.48	(4.01)	15.55
UBS	1.82	0.02	0.01	0.02	2.81	(1.65)	3.32	(4.36)	13.18
HSBC	1.41	0.04	0.02	0.03	2.47	(1.34)	3.47	(3.58)	10.30
MUFG	1.85	0.13	0.04	0.10	3.00	(1.73)	4.41	(3.19)	15.98
SMFG	1.82	0.00	0.00	0.00	3.20	(1.68)	3.43	(3.53)	17.61
ING	1.57	0.28	0.12	(3.11)	2.06	(1.63)	4.60	(3.52)	14.06
C	1.71	0.15	0.05	0.10	3.09	(1.68)	3.26	(3.99)	14.99
RY	1.02	0.17	0.11	0.27	1.33	(1.06)	2.39	(2.36)	8.28
BCDRF	2.97	0.43	0.10	0.68	3.84	(3.32)	5.30	(5.31)	21.30

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC