Aegon NV Correlations

AEG Stock

USD 6.23 0.03 0.48%

The current 90-days correlation between Aegon NV ADR and Hartford Financial Services is 0.25 (i.e., Modest diversification). The correlation of Aegon NV 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 NV Correlation With Market

Very weak diversification

The correlation between Aegon NV ADR and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aegon NV ADR and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aegon NV ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Aegon Stock

0.79	EQH	Axa Equitable Holdings	Pair Corr
0.69	SLF	Sun Life Financial	Pair Corr
0.67	GSHD	Goosehead Insurance	Pair Corr
0.63	IGIC	International General Normal Trading	Pair Corr
0.62	HIG-PG	The Hartford Financial	Pair Corr
0.85	ATH-PE	Athene Holding	Pair Corr
0.69	ATH-PA	Athene Holding	Pair Corr
0.75	ATH-PC	Athene Holding	Pair Corr
0.66	C	Citigroup Aggressive Push	Pair Corr
0.77	AB	AllianceBernstein	Pair Corr
0.79	AC	Associated Capital	Pair Corr
0.84	BK	Bank of New York Fiscal Year End 10th of January 2025	Pair Corr
0.87	BN	Brookfield Corp	Pair Corr
0.75	BX	Blackstone Group Normal Trading	Pair Corr
0.84	CG	Carlyle Group	Pair Corr
0.78	CM	Canadian Imperial Bank Fiscal Year End 5th of December 2024	Pair Corr
0.74	DB	Deutsche Bank AG	Pair Corr

Moving against Aegon Stock

0.52

ACGL

Arch Capital Group

Pair Corr

Related Correlations Analysis

	HIG	AXAHY	GSHD	IGIC	ESGR	AIG	EQH	SLF	ARZGF	AGESY
HIG		-0.24	0.17	0.12	-0.05	0.26	0.27	0.5	0.39	0.29	HIG
AXAHY	-0.24		-0.3	-0.23	-0.17	-0.41	-0.5	-0.31	-0.28	-0.51	AXAHY
GSHD	0.17	-0.3		0.97	0.44	0.48	0.89	0.77	0.38	-0.06	GSHD
IGIC	0.12	-0.23	0.97		0.43	0.39	0.87	0.8	0.33	-0.12	IGIC
ESGR	-0.05	-0.17	0.44	0.43		0.64	0.59	0.11	-0.41	-0.29	ESGR
AIG	0.26	-0.41	0.48	0.39	0.64		0.69	0.2	0.08	0.22	AIG
EQH	0.27	-0.5	0.89	0.87	0.59	0.69		0.7	0.26	0.06	EQH
SLF	0.5	-0.31	0.77	0.8	0.11	0.2	0.7		0.55	0.19	SLF
ARZGF	0.39	-0.28	0.38	0.33	-0.41	0.08	0.26	0.55		0.52	ARZGF
AGESY	0.29	-0.51	-0.06	-0.12	-0.29	0.22	0.06	0.19	0.52		AGESY
	HIG	AXAHY	GSHD	IGIC	ESGR	AIG	EQH	SLF	ARZGF	AGESY

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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

IGIC	+ 0.97	GSHD
EQH	+ 0.89	GSHD
EQH	+ 0.87	IGIC
SLF	+ 0.8	IGIC
SLF	+ 0.77	GSHD
SLF	+ 0.7	EQH

High negative correlations

AGESY	- 0.51	AXAHY
EQH	- 0.5	AXAHY
ARZGF	- 0.41	ESGR
AIG	- 0.41	AXAHY
SLF	- 0.31	AXAHY
GSHD	- 0.3	AXAHY

Risk-Adjusted Indicators

There is a big difference between Aegon Stock performing well and Aegon NV 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 Aegon NV'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
HIG	0.89	0.00	0.00	0.13	1.62	(0.86)	1.94	(2.02)	9.07
AXAHY	1.06	0.09	(0.05)	(0.13)	1.46	(1.08)	2.36	(2.39)	8.33
GSHD	1.67	0.62	0.42	1.03	0.83	(2.16)	5.06	(2.22)	14.35
IGIC	1.76	0.52	0.32	0.54	1.14	(2.20)	5.40	(2.47)	10.23
ESGR	0.28	(0.03)	(0.27)	(0.01)	0.41	(0.26)	0.68	(0.82)	2.06
AIG	0.97	(0.08)	(0.07)	0.04	1.20	(1.04)	1.77	(1.33)	8.30
EQH	1.25	0.00	0.10	0.12	1.12	(1.50)	2.71	(2.33)	17.41
SLF	0.63	0.15	0.14	0.37	0.33	(0.78)	1.39	(0.93)	5.10
ARZGF	0.27	0.11	0.00	1.06	0.00	0.00	0.00	0.00	7.21
AGESY	0.81	0.04	(0.07)	2.44	1.03	(0.86)	1.70	(1.63)	5.83

Aegon NV Corporate Management

Marco RA	CEO Board	Profile
Allegra HvellPatrizi	CEO Board	Profile
Carla Mahieu	Chief Human Resource Officer, Member of the Management Board	Profile
Jack McGarry	Independent Member of the Supervisory Board	Profile

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