ING Bank Correlations
| ING Stock | 245.00 0.50 0.20% |
The current 90-days correlation between ING Bank lski and Santander Bank Polska is 0.41 (i.e., Very weak diversification). The correlation of ING Bank 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. If the correlation is 0, the equities are not correlated; they are entirely random.
ING Bank Correlation With Market
Modest diversification
The correlation between ING Bank lski and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ING Bank lski and DJI in the same portfolio, assuming nothing else is changed.
ING |
The ability to find closely correlated positions to ING Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ING Bank 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 ING Bank - 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 ING Bank lski to buy it.
Moving together with ING Stock
| 0.67 | SPL | Santander Bank Polska | PairCorr |
| 0.79 | PEO | Bank Polska Kasa | PairCorr |
| 0.7 | MBK | mBank SA | PairCorr |
| 0.77 | BHW | Bank Handlowy w | PairCorr |
| 0.77 | BNP | BNP Paribas Bank | PairCorr |
| 0.63 | BOS | Bank Ochrony rodowiska | PairCorr |
| 0.67 | PKN | Polski Koncern Naftowy | PairCorr |
Moving against ING Stock
Related Correlations Analysis
Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ING Bank 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 Portfolio Center Now
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios |
| All Next | Launch Module |
ING Bank Corporate Management
Elected by the shareholders, the ING Bank's board of directors comprises two types of representatives: ING Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ING. The board's role is to monitor ING Bank's management team and ensure that shareholders' interests are well served. ING Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ING Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marcin Gizycki | VicePres Board | Profile | |
| Jolanta Rodriguez | Director Accountant | Profile | |
| Alicja Zyla | VP Board | Profile | |
| Brunon Mec | Pres CEO | Profile | |
| Slawomir Soszynski | VicePres Board | Profile | |
| Ewa Luniewska | VP Board | Profile | |
| Bozena Graczyk | VP CFO | Profile |