IA Financial Correlations

IAFNF Stock

USD 126.52 1.63 1.31%

The correlation of IA 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.

IA Financial Correlation With Market

Poor diversification

The correlation between iA Financial and DJI is 0.68 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding iA Financial and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to IA 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 IA 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 IA 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 iA Financial to buy it.

Moving together with IAFNF Pink Sheet

0.83	ALIZF	Allianz SE	Pair Corr
0.87	ALIZY	Allianz SE ADR	Pair Corr
0.85	AXAHY	Axa SA ADR	Pair Corr
0.72	ZURVY	Zurich Insurance	Pair Corr
0.69	ZFSVF	Zurich Insurance	Pair Corr
0.84	AXAHF	AXA SA	Pair Corr
0.77	BNKHF	BOC Hong Kong	Pair Corr
0.77	FIBK	First Interstate Ban	Pair Corr
0.64	FCAP	First Capital	Pair Corr
0.73	OMC	Omnicom Group Earnings Call Today	Pair Corr

Moving against IAFNF Pink Sheet

0.51	PBCRY	Bank Central Asia	Pair Corr
0.45	BKRKF	PT Bank Rakyat Earnings Call Tomorrow	Pair Corr
0.79	BROGF	BROGF	Pair Corr

Related Correlations Analysis

	BLHEF	BLHEY	AEGOF	TDHOF	BBSEY	TDHOY	AGESY	SLLDY	HELNF	HLVTY
BLHEF		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	BLHEF
BLHEY	0.0		-0.03	0.0	0.35	0.23	0.13	0.26	-0.03	0.39	BLHEY
AEGOF	0.0	-0.03		0.0	0.54	0.75	0.76	0.81	0.95	0.74	AEGOF
TDHOF	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	TDHOF
BBSEY	0.0	0.35	0.54	0.0		0.64	0.74	0.84	0.58	0.63	BBSEY
TDHOY	0.0	0.23	0.75	0.0	0.64		0.81	0.78	0.74	0.8	TDHOY
AGESY	0.0	0.13	0.76	0.0	0.74	0.81		0.85	0.8	0.64	AGESY
SLLDY	0.0	0.26	0.81	0.0	0.84	0.78	0.85		0.84	0.83	SLLDY
HELNF	0.0	-0.03	0.95	0.0	0.58	0.74	0.8	0.84		0.73	HELNF
HLVTY	0.0	0.39	0.74	0.0	0.63	0.8	0.64	0.83	0.73		HLVTY
	BLHEF	BLHEY	AEGOF	TDHOF	BBSEY	TDHOY	AGESY	SLLDY	HELNF	HLVTY

Please upgrade your account to get full access to Macroaxis premium features

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

HELNF	+ 0.95	AEGOF
SLLDY	+ 0.85	AGESY
SLLDY	+ 0.84	BBSEY
HELNF	+ 0.84	SLLDY
HLVTY	+ 0.83	SLLDY
SLLDY	+ 0.81	AEGOF

High negative correlations

HELNF	- 0.03	BLHEY
AEGOF	- 0.03	BLHEY
HLVTY	- 0.0	TDHOF
HELNF	- 0.0	TDHOF
SLLDY	- 0.0	TDHOF
AGESY	- 0.0	TDHOF

Risk-Adjusted Indicators

There is a big difference between IAFNF Pink Sheet performing well and IA 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 IA 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
BLHEF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BLHEY	1.19	(0.12)	0.00	0.70	0.00	0.00	2.91	(4.42)	12.81
AEGOF	0.33	0.14	0.00	(0.97)	0.00	0.00	0.00	0.00	12.55
TDHOF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BBSEY	1.99	0.23	0.07	0.78	2.36	(2.20)	3.76	(4.08)	15.05
TDHOY	2.26	0.22	0.03	(4.43)	3.14	(2.55)	5.09	(5.42)	20.91
AGESY	0.93	0.21	0.11	1.68	0.94	(1.02)	1.94	(1.54)	5.23
SLLDY	1.49	0.29	0.16	0.58	1.32	(1.71)	3.78	(2.27)	9.57
HELNF	2.37	1.04	0.00	0.77	0.00	0.00	0.00	0.00	77.27
HLVTY	0.21	0.06	0.00	0.49	0.00	0.00	0.00	0.00	7.23

Be your own money manager

Our tools can tell you how much better you can do entering a position in IA 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 Share Portfolio Now

Share Portfolio

Track or share privately all of your investments from the convenience of any device

All Next

Launch Module

IA Financial Corporate Management

BBA CFA	Ex Officer	Profile
BSc FSA	Pres CEO	Profile
Pierre Miron	Ex Officer	Profile
MarieAnnick Bonneau	Head Relations	Profile
BS CFA	Ex Officer	Profile
Pierre Picard	Ma PR	Profile

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