Bankinter Correlations
| BKNIY Stock | USD 11.42 0.38 3.22% |
The current 90-days correlation between Bankinter SA ADR and Bank Hapoalim ADR is -0.16 (i.e., Good diversification). The correlation of Bankinter 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Bankinter Correlation With Market
Significant diversification
The correlation between Bankinter SA ADR and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bankinter SA ADR and DJI in the same portfolio, assuming nothing else is changed.
Bankinter |
The ability to find closely correlated positions to Bankinter could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bankinter 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 Bankinter - 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 Bankinter SA ADR to buy it.
Moving together with Bankinter Pink Sheet
| 0.96 | CIHKY | China Merchants Bank Earnings Call This Week | PairCorr |
| 0.79 | BBAS3 | Banco do Brasil | PairCorr |
| 0.98 | BNPQY | BNP Paribas SA | PairCorr |
| 0.98 | BNPQF | BNP Paribas SA | PairCorr |
| 0.68 | KO | Coca Cola | PairCorr |
| 0.65 | TRV | The Travelers Companies | PairCorr |
| 0.66 | T | ATT Inc Earnings Call This Week | PairCorr |
| 0.76 | VZ | Verizon Communications | PairCorr |
| 0.63 | MCD | McDonalds | PairCorr |
| 0.91 | JNJ | Johnson Johnson | PairCorr |
Moving against Bankinter Pink Sheet
| 0.58 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.58 | BKRKY | Bank Rakyat | PairCorr |
| 0.57 | KB | KB Financial Group | PairCorr |
| 0.55 | PBCRY | Bank Central Asia | PairCorr |
| 0.5 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.5 | PBCRF | PT Bank Central | PairCorr |
| 0.48 | SHG | Shinhan Financial | PairCorr |
| 0.56 | HPQ | HP Inc | PairCorr |
| 0.55 | BAC | Bank of America | PairCorr |
| 0.52 | AA | Alcoa Corp | PairCorr |
| 0.5 | MSFT | Microsoft | PairCorr |
| 0.49 | CAT | Caterpillar | PairCorr |
Related Correlations Analysis
| 0.58 | 0.75 | 0.43 | -0.43 | BKHYY | ||
| 0.58 | 0.86 | 0.41 | -0.7 | BKEAY | ||
| 0.75 | 0.86 | 0.56 | -0.62 | BHKLY | ||
| 0.43 | 0.41 | 0.56 | -0.23 | CIBEY | ||
| -0.43 | -0.7 | -0.62 | -0.23 | BKRKY | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Bankinter Pink Sheet performing well and Bankinter 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 Bankinter'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BKHYY | 1.11 | 0.40 | 0.00 | 0.94 | 0.00 | 5.15 | 16.75 | |||
| BKEAY | 1.30 | 0.09 | 0.05 | (0.25) | 1.94 | 3.38 | 16.26 | |||
| BHKLY | 1.24 | 0.30 | 0.28 | 1.17 | 0.99 | 2.98 | 7.20 | |||
| CIBEY | 1.05 | 0.02 | 0.04 | 0.06 | 1.28 | 2.21 | 7.06 | |||
| BKRKY | 2.17 | (0.17) | 0.00 | (1.54) | 0.00 | 5.47 | 15.92 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Bankinter 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?
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Bankinter Corporate Management
| Mara Params | Co Employees | Profile | |
| Marta Robles | Products Devel | Profile | |
| David Finistrosa | Director Relations | Profile | |
| Iigo Azcona | Head Area | Profile | |
| Julio Gaviria | Director Officer | Profile | |
| Alfonso Saez | Head Fin | Profile |