PNC Financial Correlations
| PNP Stock | EUR 194.00 2.00 1.02% |
The current 90-days correlation between PNC Financial and Heidelberg Materials AG is 0.21 (i.e., Modest diversification). The correlation of PNC Financial 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.
PNC Financial Correlation With Market
Very weak diversification
The correlation between The PNC Financial and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The PNC Financial and DJI in the same portfolio, assuming nothing else is changed.
PNC |
The ability to find closely correlated positions to PNC Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PNC Financial 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 PNC Financial - 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 The PNC Financial to buy it.
Moving together with PNC Stock
| 0.97 | UB5 | US Bancorp | PairCorr |
| 0.97 | FFH | Fifth Third Bancorp | PairCorr |
| 0.97 | MTZ | MT Bank Corp | PairCorr |
| 0.99 | HU3 | Huntington Bancshares | PairCorr |
| 0.98 | RN7 | Regions Financial | PairCorr |
| 0.98 | 1C5 | Citizens Financial | PairCorr |
| 0.99 | KEY | KeyCorp | PairCorr |
| 0.86 | 0ZQ | JSC National Atomic | PairCorr |
| 0.87 | ABEA | Alphabet Class A | PairCorr |
Moving against PNC Stock
| 0.75 | ROM | ROHM | PairCorr |
| 0.73 | 0JM | PT Jasa Marga | PairCorr |
| 0.69 | IDO1 | PT Indosat Tbk Split | PairCorr |
| 0.68 | TCID | Telkom Indonesia Tbk | PairCorr |
| 0.51 | BRH | Berkshire Hathaway | PairCorr |
| 0.45 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.39 | C4X | Onxeo SA | 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 PNC Stock performing well and PNC Financial 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 PNC Financial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FFH | 1.33 | 0.26 | 0.14 | 0.65 | 1.10 | 3.10 | 8.38 | |||
| RN7 | 1.37 | 0.34 | 0.15 | 4.43 | 1.06 | 3.35 | 13.07 | |||
| 8SP | 2.08 | (0.11) | 0.00 | (2.31) | 0.00 | 3.36 | 20.22 | |||
| 2DG | 4.79 | (1.23) | 0.00 | (0.41) | 0.00 | 9.09 | 52.42 | |||
| XYTA | 11.71 | 3.32 | 0.09 | (1.83) | 10.47 | 33.33 | 233.33 | |||
| 9K1 | 1.57 | (0.29) | 0.00 | 1.97 | 0.00 | 2.94 | 14.80 | |||
| 3RKU | 1.55 | 0.29 | 0.10 | 1.68 | 1.49 | 3.25 | 9.52 | |||
| VUSA | 0.55 | 0.12 | 0.12 | 0.25 | 0.43 | 1.27 | 6.02 | |||
| MEL | 1.04 | 0.16 | 0.05 | 1.30 | 1.02 | 2.95 | 7.09 | |||
| HEI | 1.19 | 0.32 | 0.26 | 0.47 | 0.72 | 3.29 | 8.93 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PNC Financial 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 Piotroski F Score Now
Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
| All Next | Launch Module |
PNC Financial Corporate Management
Elected by the shareholders, the PNC Financial's board of directors comprises two types of representatives: PNC Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PNC. The board's role is to monitor PNC Financial's management team and ensure that shareholders' interests are well served. PNC Financial'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, PNC Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Bryan Gill | Director EVP | Profile | |
| Gregory Esq | Gen EVP | Profile | |
| William Demchak | Pres Chairman | Profile | |
| William III | Ex COO | Profile | |
| Deborah Guild | Chief VP | Profile | |
| Karen Larrimer | Ex Officer | Profile | |
| Ganesh Krishnan | Ex Officer | Profile |