ING Group Correlations

ING Stock  USD 22.73  0.06  0.26%   
The current 90-days correlation between ING Group NV and Barclays PLC ADR is 0.08 (i.e., Significant diversification). The correlation of ING Group 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.

ING Group Correlation With Market

Good diversification

The correlation between ING Group NV and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ING Group NV and DJI in the same portfolio, assuming nothing else is changed.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with ING Stock

  0.91C Citigroup Aggressive PushPairCorr
  0.95CM Canadian Imperial BankPairCorr
  0.94RY Royal BankPairCorr
  0.86TD Toronto Dominion BankPairCorr
  0.92EWBC East West Bancorp Earnings Call This WeekPairCorr
  0.91BAC Bank of AmericaPairCorr
  0.95BCS Barclays PLC ADR Aggressive PushPairCorr
  0.95BMO Bank of MontrealPairCorr
  0.9BNS Bank of Nova ScotiaPairCorr
  0.91JPM JPMorgan ChasePairCorr
  0.61JPM-PM JPMorgan ChasePairCorr
  0.84JPM-PC JPMorgan ChasePairCorr
  0.98NTB Bank of NT Earnings Call This WeekPairCorr
  0.62NWG Natwest Group PLC Earnings Call This WeekPairCorr
  0.94SAN Banco Santander SAPairCorr
  0.94UBS UBS Group AG Sell-off TrendPairCorr
  0.93WFC Wells FargoPairCorr
  0.96HSBC HSBC Holdings PLCPairCorr
  0.69BAC-PB Bank of AmericaPairCorr
  0.67BAC-PL Bank of AmericaPairCorr
  0.85MUFG Mitsubishi UFJ FinancialPairCorr
  0.78SMFG Sumitomo Mitsui FinancialPairCorr
  0.85BBVA Banco Bilbao ViscayaPairCorr

Moving against ING Stock

  0.56BML-PL Bank of AmericaPairCorr
  0.4BML-PJ Bank of AmericaPairCorr
  0.39BML-PH Bank of AmericaPairCorr
  0.68FG FG Annuities LifePairCorr
  0.61EG Everest GroupPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between ING Stock performing well and ING Group 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 ING Group'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.

ING Group Corporate Management

Cindy EldertKlepCompany SecretaryProfile
Margarete HaaseIndependent Member of the Supervisory BoardProfile
Ljiljana CortanChief Risk Officer, Member of the Management Board Banking, Member of the Executive BoardProfile
Erwin OlijslagerPrincipal OfficerProfile
Lodewijk BerghIndependent Member of the Supervisory BoardProfile
J ColombasIndependent Member of the Supervisory BoardProfile