Correlation Between Abbey Capital and Cambiar Aggressive
Can any of the company-specific risk be diversified away by investing in both Abbey Capital and Cambiar Aggressive at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Abbey Capital and Cambiar Aggressive into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Abbey Capital Futures and Cambiar Aggressive Value, you can compare the effects of market volatilities on Abbey Capital and Cambiar Aggressive 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 Abbey Capital with a short position of Cambiar Aggressive. Check out your portfolio center. Please also check ongoing floating volatility patterns of Abbey Capital and Cambiar Aggressive.
Diversification Opportunities for Abbey Capital and Cambiar Aggressive
0.0 | Correlation Coefficient |
Pay attention - limited upside
The 3 months correlation between ABBEY and Cambiar is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Abbey Capital Futures and Cambiar Aggressive Value in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Cambiar Aggressive Value and Abbey Capital 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 Abbey Capital Futures are associated (or correlated) with Cambiar Aggressive. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Cambiar Aggressive Value has no effect on the direction of Abbey Capital i.e., Abbey Capital and Cambiar Aggressive go up and down completely randomly.
Pair Corralation between Abbey Capital and Cambiar Aggressive
If you would invest 1,002 in Abbey Capital Futures on September 4, 2025 and sell it today you would earn a total of 43.00 from holding Abbey Capital Futures or generate 4.29% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Flat |
| Strength | Insignificant |
| Accuracy | 0.0% |
| Values | Daily Returns |
Abbey Capital Futures vs. Cambiar Aggressive Value
Performance |
| Timeline |
| Abbey Capital Futures |
| Cambiar Aggressive Value |
Risk-Adjusted Performance
Weakest
Weak | Strong |
Abbey Capital and Cambiar Aggressive Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Abbey Capital and Cambiar Aggressive
The main advantage of trading using opposite Abbey Capital and Cambiar Aggressive positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Abbey Capital position performs unexpectedly, Cambiar Aggressive can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cambiar Aggressive will offset losses from the drop in Cambiar Aggressive's long position.| Abbey Capital vs. Manning Napier Diversified | Abbey Capital vs. Victory Diversified Stock | Abbey Capital vs. Lord Abbett Diversified | Abbey Capital vs. Fulcrum Diversified Absolute |
| Cambiar Aggressive vs. Abbey Capital Futures | Cambiar Aggressive vs. Ab Municipal Bond | Cambiar Aggressive vs. Guggenheim Managed Futures | Cambiar Aggressive vs. American Funds Inflation |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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