Cincinnati Financial Correlations

CINF34 Stock

BRL 414.54 0.00 0.00%

The current 90-days correlation between Cincinnati Financial and SSC Technologies Holdings is -0.02 (i.e., Good 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

Significant diversification

The correlation between Cincinnati Financial and DJI is 0.02 (i.e., Significant 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.

The ability to find closely correlated positions to Cincinnati Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cincinnati Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cincinnati Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cincinnati Financial to buy it.

Moving together with Cincinnati Stock

0.61	C1BL34	Chubb Limited Earnings Call This Week	Pair Corr
0.69	MKLC34	Markel	Pair Corr
0.89	SPGI34	SP Global	Pair Corr
0.86	EUCA4	Eucatex SA Indstria	Pair Corr
0.76	ITSA3	Itasa Investimentos Split	Pair Corr
0.75	SHUL4	Schulz SA	Pair Corr
0.78	V1OD34	Vodafone Group Public	Pair Corr
0.67	VFCO34	VF Corporation Earnings Call This Week	Pair Corr
0.81	GSGI34	Goldman Sachs	Pair Corr
0.78	BRAP4	Bradespar SA	Pair Corr
0.83	TVRI11	BB Progressivo II	Pair Corr
0.83	EXXO34	Exxon Mobil	Pair Corr
0.89	DXCO3	Dexco SA Split	Pair Corr
0.67	TASA4	Taurus Armas SA	Pair Corr
0.66	M1CH34	Microchip Technology	Pair Corr

Moving against Cincinnati Stock

0.7	A1LN34	Alnylam Pharmaceuticals	Pair Corr
0.32	S2TA34	STAG Industrial	Pair Corr
0.31	VIVT3	Telefnica Brasil	Pair Corr

Related Correlations Analysis

	LBRD34	SSFO34	S1SN34	A1GI34	L1HX34	TRAD3	M1CH34
LBRD34		0.41	-0.4	-0.58	-0.57	0.61	0.17	LBRD34
SSFO34	0.41		0.38	-0.37	-0.33	0.03	0.54	SSFO34
S1SN34	-0.4	0.38		0.14	0.48	-0.77	0.67	S1SN34
A1GI34	-0.58	-0.37	0.14		0.28	-0.25	-0.27	A1GI34
L1HX34	-0.57	-0.33	0.48	0.28		-0.66	0.38	L1HX34
TRAD3	0.61	0.03	-0.77	-0.25	-0.66		-0.32	TRAD3
M1CH34	0.17	0.54	0.67	-0.27	0.38	-0.32		M1CH34
	LBRD34	SSFO34	S1SN34	A1GI34	L1HX34	TRAD3	M1CH34

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

M1CH34	+ 0.67	S1SN34
TRAD3	+ 0.61	LBRD34
M1CH34	+ 0.54	SSFO34
L1HX34	+ 0.48	S1SN34
SSFO34	+ 0.41	LBRD34
S1SN34	+ 0.38	SSFO34

High negative correlations

TRAD3	- 0.77	S1SN34
TRAD3	- 0.66	L1HX34
A1GI34	- 0.58	LBRD34
L1HX34	- 0.57	LBRD34
S1SN34	- 0.4	LBRD34
A1GI34	- 0.37	SSFO34

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
LBRD34	1.61	(0.55)	0.00	11.06	0.00	0.00	3.00	(4.27)	9.92
SSFO34	1.95	(0.18)	0.00	(0.60)	0.00	0.00	3.26	(4.42)	13.25
S1SN34	0.01	(0.01)	0.00	(3.60)	0.00	0.00	0.00	0.00	0.21
A1GI34	0.73	0.05	0.00	0.25	1.03	(1.79)	3.59	(1.97)	12.09
L1HX34	0.76	0.21	0.07	21.77	0.73	(2.29)	4.07	(1.29)	10.92
TRAD3	2.75	(0.27)	0.00	(0.19)	0.00	0.00	4.68	(8.66)	46.73
M1CH34	1.52	0.13	0.04	0.22	1.81	(2.69)	6.02	(3.58)	12.94

Be your own money manager

Our tools can tell you how much better you can do entering a position in Cincinnati Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Fundamental Analysis Now

Fundamental Analysis

View fundamental data based on most recent published financial statements

All Next

Launch Module

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