Two Equities Correlation Analysis

Specify exactly 2 symbols:

Can any of the company-specific risk be diversified away by investing in both Equity 1 and Equity 2 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 Equity 1 and Equity 2 into the same portfolio, which is an essential part of the fundamental portfolio management process.

This model provides you with a quick lookup of cross correlation between two equities. Please specify two instruments to run the correlation.

Unable to locate either GENCON.NSE or KNRCON.NSE at this time. Please try again later.

Asset symbol is not found or was delisted

We are unable to locate this entity at this time. If you believe the symbol you are trying to look up is valid, please let us know, and we will check it out. Check all delisted instruments across multiple markets

Other Suggestions

G	Genpact Limited	Company
GMBLP	Esports Entertainment Group	Company
GF	New Germany Closed	Fund
GK	AdvisorShares Gerber Kawasaki	ETF
GVZ	CBOE Gold Volatitity	Index
GO	GO	Cryptocurrency
G91139AL2	TAISEM 4625 22 JUL 32	Corporate Bond
GCUSD	Gold Futures	Commodity

A delisted stock, fund, ETF, or cryptocurrency is an instrument withdrawn from an exchange, typically due to the entity not meeting the exchange's listing requirements or because the organization has gone bankrupt. As a result, investors can no longer buy or sell shares of the delisted instrument on the exchange, and the entity may become illiquid and difficult to value. Delisted products may still trade on over-the-counter (OTC) markets,but they are typically considered riskier and less liquid than instruments listed on major exchanges.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Did you try this?

Run Portfolio Center Now

Portfolio Center

All portfolio management and optimization tools to improve performance of your portfolios

All Next

Launch Module

One of the equities cannot be loaded: GENCON.NSE, KNRCON.NSE

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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Other Complementary Tools

	Equity Valuation Check real value of public entities based on technical and fundamental data
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets

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