Microsoft Correlations

Stocks . Brazil . 
Stock . Microsoft
MSFT34 Stock  BRL 111.50  1.50  1.36%   
The current 90-days correlation between Microsoft and Annaly Capital Management, is 0.05 (i.e., Significant diversification). The correlation of Microsoft 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.

Microsoft Correlation With Market

Average diversification

The correlation between Microsoft and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Microsoft and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.

Moving against Microsoft Stock

  0.64A1LG34 Align TechnologyPairCorr
  0.61S1MF34 Sumitomo Mitsui FinancialPairCorr
  0.6J1BH34 JB Hunt TransportPairCorr
  0.58M1UF34 Mitsubishi UFJ FinancialPairCorr
  0.58BMKS3 Bicicletas MonarkPairCorr
  0.58AALL34 American AirlinesPairCorr
  0.57FESA4 Cia de FerroPairCorr
  0.56P1DT34 Prudential FinancialPairCorr
  0.54BERK34 Berkshire HathawayPairCorr
  0.52CXTL11 Fundo De InvestimentoPairCorr
  0.51NMRH34 Nomura HoldingsPairCorr
  0.86T1EC34 TechnipFMC plcPairCorr
  0.85ENJU3 Enjoei SAPairCorr
  0.85BGIP4 Banco do EstadoPairCorr
  0.82JHSF3 JHSF ParticipaesPairCorr
  0.81S1TE34 STERIS plcPairCorr
  0.79VIVA3 Vivara ParticipaesPairCorr
  0.73CTKA4 Karsten SAPairCorr
  0.72KEPL3F KEPL3FPairCorr
  0.65BBDC3 Banco Bradesco SAPairCorr
  0.63B1SA34 Banco Santander ChilePairCorr
  0.62BBDC4 Banco Bradesco SAPairCorr
  0.55S1SN34 SSC Technologies HolPairCorr
  0.55MDTC34 Medtronic plcPairCorr

Related Correlations Analysis


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

MUTC34
+ 0.78
N2LY34
CTSH34
+ 0.67
N2LY34
T1TW34
+ 0.61
P1YC34
CTSH34
+ 0.49
MUTC34
  

High negative correlations

MUTC34
- 0.88
P1YC34
P1YC34
- 0.81
N2LY34
CTSH34
- 0.49
P1YC34
T1TW34
- 0.37
CTSH34
T1TW34
- 0.37
MUTC34
T1TW34
- 0.36
N2LY34

Risk-Adjusted Indicators

There is a big difference between Microsoft Stock performing well and Microsoft 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 Microsoft'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Microsoft without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Volatility Analysis Now

   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Module

Microsoft Corporate Management

Elected by the shareholders, the Microsoft's board of directors comprises two types of representatives: Microsoft inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Microsoft. The board's role is to monitor Microsoft's management team and ensure that shareholders' interests are well served. Microsoft's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Microsoft's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bradford LCAPres ChairmanProfile
Judson AlthoffEx OfficerProfile
Brett IversenGen RelationsProfile
Christopher YoungStrategy DevelProfile
Alice JollaCo OfficerProfile
Frank ShawCorp CommunicationsProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY