Correlation Between Intel and BARCLAYS
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By analyzing existing cross correlation between Intel and BARCLAYS PLC, you can compare the effects of market volatilities on Intel and BARCLAYS 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 Intel with a short position of BARCLAYS. Check out your portfolio center. Please also check ongoing floating volatility patterns of Intel and BARCLAYS.
Diversification Opportunities for Intel and BARCLAYS
Pay attention - limited upside
The 3 months correlation between Intel and BARCLAYS is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Intel and BARCLAYS PLC in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on BARCLAYS PLC and Intel 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 Intel are associated (or correlated) with BARCLAYS. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of BARCLAYS PLC has no effect on the direction of Intel i.e., Intel and BARCLAYS go up and down completely randomly.
Pair Corralation between Intel and BARCLAYS
If you would invest 2,055 in Intel on May 27, 2025 and sell it today you would earn a total of 425.00 from holding Intel or generate 20.68% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Flat |
| Strength | Insignificant |
| Accuracy | 1.56% |
| Values | Daily Returns |
Intel vs. BARCLAYS PLC
Performance |
| Timeline |
| Intel |
| BARCLAYS PLC |
Risk-Adjusted Performance
Weakest
Weak | Strong |
Intel and BARCLAYS Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Intel and BARCLAYS
The main advantage of trading using opposite Intel and BARCLAYS positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Intel position performs unexpectedly, BARCLAYS 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 BARCLAYS will offset losses from the drop in BARCLAYS's long position.The idea behind Intel and BARCLAYS PLC pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.| BARCLAYS vs. Anheuser Busch Inbev | BARCLAYS vs. Portland General Electric | BARCLAYS vs. Ambev SA ADR | BARCLAYS vs. Southwest Gas Holdings |
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 Transaction History module to view history of all your transactions and understand their impact on performance.
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