IShares MSCI Correlations

EPOL Etf

USD 23.63 0.40 1.66%

The current 90-days correlation between iShares MSCI Poland and iShares MSCI Philippines is 0.2 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IShares MSCI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if iShares MSCI Poland moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

IShares MSCI Correlation With Market

Weak diversification

The correlation between iShares MSCI Poland and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iShares MSCI Poland and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iShares MSCI Poland. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.

Moving together with IShares Etf

0.67	EWU	iShares MSCI United	Pair Corr
0.95	EWG	iShares MSCI Germany	Pair Corr
0.77	KSA	iShares MSCI Saudi	Pair Corr
0.83	EWQ	iShares MSCI France	Pair Corr
0.63	GRN	iPath Series B	Pair Corr
0.61	FBGX	UBS	Pair Corr
0.71	GE	GE Aerospace	Pair Corr
0.62	JPM	JPMorgan Chase	Pair Corr

Moving against IShares Etf

0.32

HPQ

HP Inc

Pair Corr

Related Correlations Analysis

	EPHE	EIDO	EPU	EIRL	THD
EPHE		0.41	0.5	0.73	0.88	EPHE
EIDO	0.41		0.87	0.26	0.62	EIDO
EPU	0.5	0.87		0.34	0.68	EPU
EIRL	0.73	0.26	0.34		0.75	EIRL
THD	0.88	0.62	0.68	0.75		THD
	EPHE	EIDO	EPU	EIRL	THD

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IShares MSCI Constituents Risk-Adjusted Indicators

There is a big difference between IShares Etf performing well and IShares MSCI ETF 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 IShares MSCI'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
EPHE	0.84	(0.29)	(0.63)	1.48	(2.04)	5.16
EIDO	0.90	(0.24)	(3.23)	1.73	(2.09)	5.32
EPU	0.88	(0.06)	0.82	1.64	(1.61)	4.72
EIRL	0.71	(0.08)	(1.42)	1.13	(1.67)	4.36
THD	0.99	(0.25)	(0.31)	1.85	(2.41)	5.41

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