International Consolidated Correlations
| BABWF Stock | USD 4.32 0.14 3.35% |
The current 90-days correlation between International Consolidated and Deutsche Lufthansa AG is 0.11 (i.e., Average diversification). The correlation of International Consolidated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
International Consolidated Correlation With Market
Good diversification
The correlation between International Consolidated Air and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding International Consolidated Air and DJI in the same portfolio, assuming nothing else is changed.
International |
The ability to find closely correlated positions to International Consolidated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Consolidated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back International Consolidated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling International Consolidated Airlines to buy it.
Moving together with International Pink Sheet
| 0.69 | CHEAF | China Eastern Airlines | PairCorr |
| 0.76 | EC | Ecopetrol SA ADR Earnings Call Today | PairCorr |
| 0.74 | GE | GE Aerospace | PairCorr |
| 0.81 | BA | Boeing | PairCorr |
| 0.77 | JPM | JPMorgan Chase | PairCorr |
| 0.8 | CSCO | Cisco Systems | PairCorr |
| 0.64 | IBM | International Business | PairCorr |
| 0.68 | WMT | Walmart | PairCorr |
Moving against International Pink Sheet
| 0.65 | SHG | Shinhan Financial | PairCorr |
| 0.64 | LUV | Southwest Airlines Sell-off Trend | PairCorr |
| 0.61 | KEP | Korea Electric Power | PairCorr |
| 0.61 | VFS | VinFast Auto Downward Rally | PairCorr |
| 0.6 | KB | KB Financial Group | PairCorr |
| 0.6 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.43 | VFSWW | VinFast Auto | PairCorr |
| 0.35 | RYAOF | Ryanair Holdings PLC | PairCorr |
| 0.34 | AIRYY | Air China | PairCorr |
| 0.74 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.66 | DIS | Walt Disney | PairCorr |
| 0.61 | CAT | Caterpillar | PairCorr |
| 0.52 | XOM | Exxon Mobil Corp | PairCorr |
| 0.47 | MSFT | Microsoft | PairCorr |
| 0.47 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between International Pink Sheet performing well and International Consolidated Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze International Consolidated's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DLAKY | 1.73 | 0.08 | 0.04 | 0.12 | 1.87 | 3.61 | 8.99 | |||
| AFLYY | 1.87 | 0.06 | 0.02 | (0.70) | 2.45 | 3.70 | 14.09 | |||
| SINGY | 0.61 | 0.10 | 0.13 | (1.60) | 0.55 | 1.62 | 3.93 | |||
| SNCY | 2.11 | 0.23 | 0.09 | 1.42 | 2.45 | 4.92 | 15.14 | |||
| FNNNF | 1.59 | 0.69 | 0.00 | (1.00) | 0.00 | 6.38 | 20.75 | |||
| ANZFF | 2.82 | 0.20 | 0.03 | 0.16 | 3.69 | 6.67 | 39.68 | |||
| AIABF | 3.87 | 0.68 | 0.00 | 1.55 | 0.00 | 5.88 | 77.78 | |||
| ALNPY | 2.00 | 0.00 | 0.00 | 0.00 | 2.85 | 3.95 | 14.04 | |||
| ANZLY | 0.79 | 0.27 | 0.00 | 1.91 | 0.00 | 3.45 | 13.96 | |||
| AFRAF | 0.79 | 0.19 | 0.00 | (0.62) | 0.00 | 3.39 | 8.24 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in International Consolidated without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Odds Of Bankruptcy Now
Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years |
| All Next | Launch Module |
International Consolidated Corporate Management
| Chris Haynes | General Counsel | Profile | |
| Andrew Light | Head Relations | Profile | |
| Sarah Clements | G Counsel | Profile | |
| Carolina Martinoli | Co People | Profile | |
| Glenn Morgan | Head Transformation | Profile | |
| Fernando Candela | Chief Officer | Profile | |
| David Podolsky | Chief Officer | Profile |