Cincinnati Financial Correlations

CINF Stock

USD 156.47 1.62 1.05%

The current 90-days correlation between Cincinnati Financial and W R Berkley is 0.76 (i.e., Poor diversification). The correlation of Cincinnati 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.

Cincinnati Financial Correlation With Market

Poor diversification

The correlation between Cincinnati Financial and DJI is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cincinnati Financial 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 Cincinnati Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more detail on how to invest in Cincinnati Stock please use our How to Invest in Cincinnati Financial guide.

Moving together with Cincinnati Stock

0.8	L	Loews Corp	Pair Corr
0.7	AFG	American Financial	Pair Corr
0.89	AIZ	Assurant	Pair Corr
0.79	ALL	Allstate	Pair Corr
0.81	BOW	Bowhead Specialty	Pair Corr
0.94	HMN	Horace Mann Educators	Pair Corr
0.91	MCY	Mercury General	Pair Corr
0.87	MKL	Markel	Pair Corr
0.88	ORI	Old Republic Interna Fiscal Year End 23rd of January 2025	Pair Corr
0.85	PRA	ProAssurance	Pair Corr
0.94	RLI	RLI Corp Fiscal Year End 22nd of January 2025	Pair Corr
0.93	THG	Hanover Insurance	Pair Corr
0.83	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.75	WRB	W R Berkley Fiscal Year End 22nd of January 2025	Pair Corr
0.82	WTM	White Mountains Insurance	Pair Corr
0.9	KINS	Kingstone Companies Trending	Pair Corr
0.94	KMPR	Kemper	Pair Corr
0.89	LMND	Lemonade Trending	Pair Corr
0.78	NODK	NI Holdings	Pair Corr
0.71	ALL-PB	Allstate	Pair Corr

Moving against Cincinnati Stock

0.4	FACO	First Acceptance Corp	Pair Corr
0.7	ALL-PI	Allstate	Pair Corr
0.6	ALL-PH	Allstate	Pair Corr
0.39	HRTG	Heritage Insurance Hldgs Normal Trading	Pair Corr
0.8	WRB-PG	WR Berkley	Pair Corr
0.58	WRB-PH	WR Berkley	Pair Corr

Related Correlations Analysis

	PGR	TRV	CB	WRB	ALL	SIGI	HMN	KMPR	PRA
PGR		0.39	0.27	0.45	0.77	0.59	0.45	0.47	0.42	PGR
TRV	0.39		0.4	0.65	0.78	0.79	0.78	0.72	0.78	TRV
CB	0.27	0.4		0.13	0.43	0.18	-0.12	-0.11	0.04	CB
WRB	0.45	0.65	0.13		0.71	0.75	0.7	0.79	0.61	WRB
ALL	0.77	0.78	0.43	0.71		0.79	0.68	0.75	0.7	ALL
SIGI	0.59	0.79	0.18	0.75	0.79		0.83	0.76	0.9	SIGI
HMN	0.45	0.78	-0.12	0.7	0.68	0.83		0.9	0.9	HMN
KMPR	0.47	0.72	-0.11	0.79	0.75	0.76	0.9		0.81	KMPR
PRA	0.42	0.78	0.04	0.61	0.7	0.9	0.9	0.81		PRA
	PGR	TRV	CB	WRB	ALL	SIGI	HMN	KMPR	PRA

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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

PRA	+ 0.9	SIGI
KMPR	+ 0.9	HMN
PRA	+ 0.9	HMN
HMN	+ 0.83	SIGI
PRA	+ 0.81	KMPR
SIGI	+ 0.79	TRV

High negative correlations

HMN	- 0.12	CB
KMPR	- 0.11	CB

Risk-Adjusted Indicators

There is a big difference between Cincinnati Stock performing well and Cincinnati 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 Cincinnati 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
PGR	0.90	0.04	0.03	0.17	1.00	(1.01)	2.45	(1.58)	6.25
TRV	1.09	0.17	0.12	0.28	1.18	(1.26)	1.93	(2.17)	11.31
CB	0.84	0.00	(0.04)	0.12	1.17	(0.84)	1.49	(1.78)	6.25
WRB	1.01	0.01	0.00	0.13	1.44	(0.95)	1.97	(2.36)	7.07
ALL	0.93	0.08	0.04	0.22	1.17	(0.97)	1.57	(1.69)	6.34
SIGI	1.16	(0.01)	0.02	0.11	1.22	(1.27)	2.13	(1.82)	8.59
HMN	1.31	0.17	0.12	0.25	1.34	(1.45)	2.13	(2.23)	11.51
KMPR	1.05	0.12	0.08	0.25	1.07	(1.14)	2.28	(1.57)	5.66
PRA	1.66	0.10	0.10	0.17	1.74	(1.95)	3.11	(3.27)	11.78

Cincinnati Financial Corporate Management

CPA CPA	Principal CFO	Profile
Doyle AIM	Senior Company	Profile
William Heuvel	Senior Company	Profile
Doyle CPCU	VP Company	Profile
CMA CPA	VP Officer	Profile
CFA CERA	Chairman CEO	Profile
Lisa Esq	Chief VP	Profile

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