Morgan Stanley Correlations
| MS-PO Preferred Stock | USD 18.70 0.07 0.38% |
The current 90-days correlation between Morgan Stanley and Bank of America is 0.89 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Morgan Stanley moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Morgan Stanley moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Morgan Stanley Correlation With Market
Modest diversification
The correlation between Morgan Stanley and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Morgan Stanley and DJI in the same portfolio, assuming nothing else is changed.
Morgan |
The ability to find closely correlated positions to Morgan Stanley could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Morgan Stanley 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 Morgan Stanley - 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 Morgan Stanley to buy it.
Moving together with Morgan Preferred Stock
| 0.87 | SCHW-PJ | Charles Schwab | PairCorr |
| 0.75 | SCHW-PD | Charles Schwab | PairCorr |
| 0.78 | SF-PD | Stifel Financial Corp | PairCorr |
| 0.76 | SF-PB | Stifel Financial Corp | PairCorr |
| 0.65 | MS-PL | Morgan Stanley | PairCorr |
| 0.75 | MS-PK | Morgan Stanley | PairCorr |
| 0.8 | GS-PC | Goldman Sachs | PairCorr |
| 0.77 | GS-PD | Goldman Sachs | PairCorr |
| 0.8 | GS-PA | Goldman Sachs | PairCorr |
| 0.71 | MER-PK | Merrill Lynch Capital | PairCorr |
| 0.69 | V | Visa Class A | PairCorr |
| 0.63 | AC | Associated Capital | PairCorr |
| 0.7 | BK | Bank of New York | PairCorr |
Moving against Morgan Preferred Stock
| 0.48 | FUFUW | BitFuFu Warrant | PairCorr |
| 0.43 | CLSKW | CleanSpark, Warrant | PairCorr |
| 0.41 | SDIG | Stronghold Digital Mining | PairCorr |
Related Correlations Analysis
| 0.82 | 0.93 | 0.89 | 0.91 | BAC-PQ | ||
| 0.82 | 0.82 | 0.92 | 0.86 | JPM-PM | ||
| 0.93 | 0.82 | 0.84 | 0.92 | WFC-PD | ||
| 0.89 | 0.92 | 0.84 | 0.91 | JPM-PL | ||
| 0.91 | 0.86 | 0.92 | 0.91 | WFC-PZ | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Morgan Preferred Stock performing well and Morgan Stanley 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 Morgan Stanley'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BAC-PQ | 0.70 | 0.00 | 0.00 | (0.08) | 0.00 | 1.34 | 4.13 | |||
| JPM-PM | 0.78 | 0.03 | 0.08 | 0.03 | 0.91 | 1.76 | 5.18 | |||
| WFC-PD | 0.74 | (0.01) | 0.00 | (0.10) | 0.00 | 1.47 | 6.23 | |||
| JPM-PL | 0.70 | 0.01 | 0.08 | (0.03) | 0.77 | 1.67 | 4.62 | |||
| WFC-PZ | 0.64 | 0.00 | 0.00 | (0.06) | 0.00 | 1.38 | 4.33 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Morgan Stanley 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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Morgan Stanley Corporate Management
| Andrew Saperstein | CoPres Management | Profile | |
| James Gorman | Chairman CEO | Profile | |
| Sharon Yeshaya | Ex CFO | Profile | |
| Raja Akram | Deputy Officer | Profile | |
| Jonathan Pruzan | Ex COO | Profile | |
| Michael Wilson | Chief Officer | Profile | |
| Daniel Simkowitz | Head Strategy | Profile |