| AEFC Stock | | | USD 21.81 0.16 0.74% |
The current 90-days correlation between Aegon Funding and American Financial Group is 0.55 (i.e., Very weak diversification). The correlation of Aegon Funding 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.
Aegon Funding Correlation With Market
Significant diversification
The correlation between Aegon Funding and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aegon Funding and DJI in the same portfolio, assuming nothing else is changed.
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