Cincinnati Financial Correlations

Cincinnati Financial Correlation With Market

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

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 HBAN + 0.96 FCNCA HBAN + 0.89 NTRS FCNCA + 0.86 NTRS L + 0.8 MKL FCNCA + 0.75 MKL HBAN + 0.69 MKL

High negative correlations NTRS - 0.73 WRB HBAN - 0.71 WRB FCNCA - 0.66 WRB WRB - 0.23 MKL

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.