Citigroup Correlations
| C Stock | USD 111.45 1.26 1.14% |
The current 90-days correlation between Citigroup and Banco Santander SA is 0.07 (i.e., Significant diversification). The correlation of Citigroup 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.
Citigroup Correlation With Market
Poor diversification
The correlation between Citigroup and DJI is 0.75 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Citigroup and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Citigroup Stock
| 0.82 | RY | Royal Bank | PairCorr |
| 0.75 | TD | Toronto Dominion Bank | PairCorr |
| 0.77 | STD | Standard Chartered PLC | PairCorr |
| 0.79 | FDSB | Fifth District Bancorp | PairCorr |
| 0.62 | FITB | Fifth Third Bancorp | PairCorr |
| 0.8 | BCS | Barclays PLC ADR | PairCorr |
| 0.64 | BNS | Bank of Nova Scotia | PairCorr |
| 0.76 | STD0 | STANDARD CHARTUNSPADR2 | PairCorr |
| 0.68 | ING | ING Group NV | PairCorr |
| 0.63 | NTB | Bank of NT | PairCorr |
| 0.66 | NWG | Natwest Group PLC | PairCorr |
| 0.64 | SAN | Banco Santander SA | PairCorr |
Moving against Citigroup Stock
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