Microsoft Related Correlations

MSF Stock

EUR 377.50 2.65 0.71%

Generate correlation matrix for Microsoft and other related equities to check the degree to which Microsoft price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Microsoft. To filter out specific equities, please toggle its corresponding legend item. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microsoft. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

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

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Please note, there is a significant difference between Microsoft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Microsoft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Microsoft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	8SP	39O1	2DG	TM9	INVN
8SP		0.67	0.43	-0.42	-0.26	8SP
39O1	0.67		0.29	-0.4	-0.29	39O1
2DG	0.43	0.29		0.17	-0.61	2DG
TM9	-0.42	-0.4	0.17		-0.23	TM9
INVN	-0.26	-0.29	-0.61	-0.23		INVN
	8SP	39O1	2DG	TM9	INVN

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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

39O1	+ 0.67	8SP
2DG	+ 0.43	8SP
2DG	+ 0.29	39O1
TM9	+ 0.17	2DG

High negative correlations

INVN	- 0.61	2DG
TM9	- 0.42	8SP
TM9	- 0.4	39O1
INVN	- 0.29	39O1
INVN	- 0.26	8SP
INVN	- 0.23	TM9

Risk-Adjusted Indicators

There is a big difference between Microsoft Stock performing well and Microsoft 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 Microsoft'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
8SP	1.13	0.01	(0.04)	(0.48)	1.33	(1.22)	2.28	(2.10)	6.74
39O1	5.58	0.92	0.12	1.35	6.46	(6.37)	9.40	(11.02)	67.94
2DG	4.63	0.41	0.04	(0.43)	5.18	(7.00)	13.04	(6.12)	47.58
TM9	2.45	0.15	0.00	(0.08)	4.23	(2.88)	7.02	(5.29)	33.24
INVN	2.86	(0.65)	0.00	(0.72)	0.00	0.00	5.81	(10.37)	36.27

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Microsoft Related Correlations

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Correlations

Correlation Matchups

Risk-Adjusted Indicators

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