Correlation Between Aew Real and Natixis Equity
Can any of the company-specific risk be diversified away by investing in both Aew Real and Natixis Equity 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 Aew Real and Natixis Equity into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Aew Real Estate and Natixis Equity Opportunities, you can compare the effects of market volatilities on Aew Real and Natixis Equity 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 Aew Real with a short position of Natixis Equity. Check out your portfolio center. Please also check ongoing floating volatility patterns of Aew Real and Natixis Equity.
Diversification Opportunities for Aew Real and Natixis Equity
0.71 | Correlation Coefficient |
Poor diversification
The 3 months correlation between Aew and Natixis is 0.71. Overlapping area represents the amount of risk that can be diversified away by holding Aew Real Estate and Natixis Equity Opportunities in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Natixis Equity Oppor and Aew Real 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 Aew Real Estate are associated (or correlated) with Natixis Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Natixis Equity Oppor has no effect on the direction of Aew Real i.e., Aew Real and Natixis Equity go up and down completely randomly.
Pair Corralation between Aew Real and Natixis Equity
Assuming the 90 days horizon Aew Real Estate is expected to generate 0.94 times more return on investment than Natixis Equity. However, Aew Real Estate is 1.06 times less risky than Natixis Equity. It trades about 0.07 of its potential returns per unit of risk. Natixis Equity Opportunities is currently generating about 0.02 per unit of risk. If you would invest 1,110 in Aew Real Estate on August 18, 2025 and sell it today you would earn a total of 36.00 from holding Aew Real Estate or generate 3.24% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Together |
| Strength | Significant |
| Accuracy | 100.0% |
| Values | Daily Returns |
Aew Real Estate vs. Natixis Equity Opportunities
Performance |
| Timeline |
| Aew Real Estate |
| Natixis Equity Oppor |
Aew Real and Natixis Equity Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Aew Real and Natixis Equity
The main advantage of trading using opposite Aew Real and Natixis Equity positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Aew Real position performs unexpectedly, Natixis Equity 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 Natixis Equity will offset losses from the drop in Natixis Equity's long position.| Aew Real vs. Asg Managed Futures | Aew Real vs. Asg Managed Futures | Aew Real vs. Natixis Oakmark | Aew Real vs. Natixis Oakmark International |
| Natixis Equity vs. Asg Managed Futures | Natixis Equity vs. Asg Managed Futures | Natixis Equity vs. Natixis Oakmark | Natixis Equity vs. Natixis Oakmark International |
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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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