Correlation Between Centrum Capital and Interactive Brokers
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By analyzing existing cross correlation between Centrum Capital Limited and Interactive Brokers Group, you can compare the effects of market volatilities on Centrum Capital and Interactive Brokers 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 Centrum Capital with a short position of Interactive Brokers. Check out your portfolio center. Please also check ongoing floating volatility patterns of Centrum Capital and Interactive Brokers.
Diversification Opportunities for Centrum Capital and Interactive Brokers
0.0 | Correlation Coefficient |
Pay attention - limited upside
The 3 months correlation between Centrum and Interactive is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Centrum Capital Limited and Interactive Brokers Group in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Interactive Brokers and Centrum 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 Centrum Capital Limited are associated (or correlated) with Interactive Brokers. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Interactive Brokers has no effect on the direction of Centrum Capital i.e., Centrum Capital and Interactive Brokers go up and down completely randomly.
Pair Corralation between Centrum Capital and Interactive Brokers
If you would invest 6,192 in Interactive Brokers Group on July 20, 2025 and sell it today you would earn a total of 431.00 from holding Interactive Brokers Group or generate 6.96% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Flat |
| Strength | Insignificant |
| Accuracy | 0.0% |
| Values | Daily Returns |
Centrum Capital Limited vs. Interactive Brokers Group
Performance |
| Timeline |
| Centrum Capital |
Risk-Adjusted Performance
Weakest
Weak | Strong |
| Interactive Brokers |
Centrum Capital and Interactive Brokers Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Centrum Capital and Interactive Brokers
The main advantage of trading using opposite Centrum Capital and Interactive Brokers positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Centrum Capital position performs unexpectedly, Interactive Brokers 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 Interactive Brokers will offset losses from the drop in Interactive Brokers' long position.| Centrum Capital vs. Jindal Poly Investment | Centrum Capital vs. Pilani Investment and | Centrum Capital vs. Kalyani Investment | Centrum Capital vs. Centum Electronics Limited |
| Interactive Brokers vs. Brookfield Corp | Interactive Brokers vs. Robinhood Markets | Interactive Brokers vs. Chubb | Interactive Brokers vs. ICICI Bank Limited |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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