American Financial Correlations

AFG Stock

USD 128.87 0.56 0.43%

The current 90-days correlation between American Financial and CNA Financial is 0.51 (i.e., Very weak diversification). The correlation of American 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.

American Financial Correlation With Market

Excellent diversification

The correlation between American Financial Group and DJI is -0.67 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Financial Group and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with American Stock

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

Moving together with American Stock

0.78	HMN	Horace Mann Educators	Pair Corr
0.65	BRK	Berkshire Hathaway CDR	Pair Corr

Moving against American Stock

0.84	COMP	Compass	Pair Corr
0.82	NEWTH	NewtekOne 8625 percent	Pair Corr
0.81	OIA	Invesco Municipal Income	Pair Corr
0.79	THO	Thor Industries	Pair Corr
0.77	ONTF	ON24 Inc	Pair Corr
0.77	TFLM	TFLM	Pair Corr
0.76	NTRS	Northern Trust	Pair Corr
0.73	SMTGF	SMA Solar Technology	Pair Corr
0.68	EPD	Enterprise Products	Pair Corr
0.68	OGN	Organon	Pair Corr
0.66	2NN	NN Group NV Earnings Call Today	Pair Corr
0.64	BWXT	BWX Technologies	Pair Corr
0.62	ISSC	Innovative Solutions and	Pair Corr
0.59	WSV2	Vienna Insurance	Pair Corr
0.58	BQSSF	Boss Resources	Pair Corr
0.57	GRFS	Grifols SA ADR	Pair Corr
0.52	MDLZ	Mondelez International	Pair Corr
0.49	PLX	Protalix Biotherapeutics Buyout Trend	Pair Corr
0.82	GOOG	Alphabet Class C	Pair Corr
0.79	WMT	Walmart Common Stock Earnings Call This Week	Pair Corr
0.78	CDE	Coeur Mining Aggressive Push	Pair Corr
0.77	KCDMY	Kimberly Clark de	Pair Corr
0.76	CASH	Meta Financial Group	Pair Corr
0.72	ENDMF	Enduro Metals	Pair Corr
0.72	ALEEF	Alerio Gold Corp	Pair Corr
0.72	ANDE	Andersons Earnings Call This Week	Pair Corr
0.7	ELVN	Enliven Therapeutics	Pair Corr

Related Correlations Analysis

	CNA	KNSL	AIZ	FHN	ORI	GL	RNR	JEF	ACGL	AXS
CNA		0.55	0.7	0.72	0.27	0.78	0.82	0.28	0.92	0.76	CNA
KNSL	0.55		0.56	0.52	0.01	0.63	0.6	0.3	0.44	0.49	KNSL
AIZ	0.7	0.56		0.78	0.27	0.82	0.61	0.67	0.64	0.79	AIZ
FHN	0.72	0.52	0.78		0.14	0.9	0.82	0.72	0.71	0.61	FHN
ORI	0.27	0.01	0.27	0.14		0.26	0.02	0.3	0.27	0.41	ORI
GL	0.78	0.63	0.82	0.9	0.26		0.83	0.63	0.76	0.7	GL
RNR	0.82	0.6	0.61	0.82	0.02	0.83		0.33	0.83	0.62	RNR
JEF	0.28	0.3	0.67	0.72	0.3	0.63	0.33		0.3	0.52	JEF
ACGL	0.92	0.44	0.64	0.71	0.27	0.76	0.83	0.3		0.78	ACGL
AXS	0.76	0.49	0.79	0.61	0.41	0.7	0.62	0.52	0.78		AXS
	CNA	KNSL	AIZ	FHN	ORI	GL	RNR	JEF	ACGL	AXS

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between American Stock performing well and American 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 American 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
CNA	0.77	0.14	0.06	1.14	0.78	(0.83)	1.62	(1.80)	4.93
KNSL	1.50	0.00	(0.02)	0.10	1.95	(1.53)	3.98	(3.51)	10.63
AIZ	0.89	(0.02)	(0.04)	0.01	2.11	(0.73)	1.73	(1.80)	6.75
FHN	1.09	0.16	0.12	0.27	1.09	(1.27)	3.35	(1.80)	7.47
ORI	1.17	0.16	0.03	1.83	2.06	(1.16)	2.47	(1.95)	12.07
GL	0.86	0.08	0.04	0.25	0.90	(0.97)	1.94	(1.43)	6.53
RNR	1.13	0.22	0.08	(1.95)	1.24	(1.28)	2.66	(2.01)	8.86
JEF	1.76	(0.04)	0.02	0.07	2.39	(1.68)	2.87	(4.06)	11.46
ACGL	0.90	0.17	0.06	3.65	1.18	(0.98)	1.92	(2.04)	8.26
AXS	0.95	0.06	(0.02)	0.92	1.38	(0.88)	2.00	(2.29)	6.52

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC