ING Groep Correlations
| INGA Stock | EUR 14.47 0.03 0.21% |
The current 90-days correlation between ING Groep NV and Koninklijke Philips NV is -0.05 (i.e., Good diversification). The correlation of ING Groep 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.
ING Groep Correlation With Market
Good diversification
The correlation between ING Groep NV and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ING Groep NV and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to ING Groep could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ING Groep 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 ING Groep - 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 ING Groep NV to buy it.
Moving together with ING Stock
| 0.68 | WHA | Wereldhave NV | PairCorr |
| 0.77 | ECMPA | Eurocommercial Properties | PairCorr |
| 0.89 | SLIGR | Sligro Food Group | PairCorr |
Moving against ING Stock
Related Correlations Analysis
| -0.42 | -0.38 | -0.78 | 0.47 | AGN | ||
| -0.42 | 0.52 | 0.54 | -0.5 | ABN | ||
| -0.38 | 0.52 | 0.59 | -0.61 | PHIA | ||
| -0.78 | 0.54 | 0.59 | -0.61 | UNA | ||
| 0.47 | -0.5 | -0.61 | -0.61 | AD | ||
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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
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Risk-Adjusted Indicators
There is a big difference between ING Stock performing well and ING Groep 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 ING Groep'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGN | 0.88 | 0.04 | 0.03 | 0.16 | 0.98 | 1.95 | 7.37 | |||
| ABN | 0.99 | (0.14) | 0.00 | (0.31) | 0.00 | 1.79 | 6.10 | |||
| PHIA | 1.21 | (0.03) | 0.00 | 0.33 | 0.00 | 2.37 | 21.29 | |||
| UNA | 0.65 | (0.03) | 0.00 | (0.37) | 0.00 | 1.12 | 4.81 | |||
| AD | 0.70 | 0.04 | (0.03) | 0.23 | 0.91 | 1.41 | 5.55 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in ING Groep 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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ING Groep Corporate Management
Elected by the shareholders, the ING Groep's board of directors comprises two types of representatives: ING Groep inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ING. The board's role is to monitor ING Groep's management team and ensure that shareholders' interests are well served. ING Groep's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ING Groep's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jan Balkenende | Independent Member of the Supervisory Board | Profile | |
| Cindy EldertKlep | Company Secretary | Profile | |
| Margarete Haase | Independent Member of the Supervisory Board | Profile | |
| Mike Rees | Independent Member of the Supervisory Board | Profile | |
| Ljiljana Cortan | Chief Risk Officer, Member of the Management Board | Profile | |
| Erwin Olijslager | Principal Officer | Profile | |
| Ron Kemenade | Chief Banking | Profile |