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.
Moving together with ING Stock
0.91 | C | Citigroup Aggressive Push | PairCorr |
0.95 | CM | Canadian Imperial Bank | PairCorr |
0.94 | RY | Royal Bank | PairCorr |
0.86 | TD | Toronto Dominion Bank | PairCorr |
0.92 | EWBC | East West Bancorp Earnings Call This Week | PairCorr |
0.91 | BAC | Bank of America | PairCorr |
0.95 | BCS | Barclays PLC ADR Aggressive Push | PairCorr |
0.95 | BMO | Bank of Montreal | PairCorr |
0.9 | BNS | Bank of Nova Scotia | PairCorr |
0.91 | JPM | JPMorgan Chase | PairCorr |
0.61 | JPM-PM | JPMorgan Chase | PairCorr |
0.84 | JPM-PC | JPMorgan Chase | PairCorr |
0.98 | NTB | Bank of NT Earnings Call This Week | PairCorr |
0.62 | NWG | Natwest Group PLC Earnings Call This Week | PairCorr |
0.94 | SAN | Banco Santander SA | PairCorr |
0.94 | UBS | UBS Group AG Sell-off Trend | PairCorr |
0.93 | WFC | Wells Fargo | PairCorr |
0.96 | HSBC | HSBC Holdings PLC | PairCorr |
0.69 | BAC-PB | Bank of America | PairCorr |
0.67 | BAC-PL | Bank of America | PairCorr |
0.85 | MUFG | Mitsubishi UFJ Financial | PairCorr |
0.78 | SMFG | Sumitomo Mitsui Financial | PairCorr |
0.85 | BBVA | Banco Bilbao Viscaya | PairCorr |
Moving against ING Stock
0.56 | BML-PL | Bank of America | PairCorr |
0.4 | BML-PJ | Bank of America | PairCorr |
0.39 | BML-PH | Bank of America | PairCorr |
0.68 | FG | FG Annuities Life | PairCorr |
0.61 | EG | Everest Group | PairCorr |
Related Correlations Analysis
0.9 | 0.97 | 0.9 | 0.98 | 0.87 | 0.96 | BCS | ||
0.9 | 0.92 | 0.77 | 0.88 | 0.87 | 0.9 | BBVA | ||
0.97 | 0.92 | 0.89 | 0.96 | 0.84 | 0.94 | SAN | ||
0.9 | 0.77 | 0.89 | 0.92 | 0.64 | 0.87 | UBS | ||
0.98 | 0.88 | 0.96 | 0.92 | 0.83 | 0.94 | HSBC | ||
0.87 | 0.87 | 0.84 | 0.64 | 0.83 | 0.85 | LYG | ||
0.96 | 0.9 | 0.94 | 0.87 | 0.94 | 0.85 | AEG | ||
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
BCS | 1.21 | 0.31 | 0.21 | 0.47 | 1.09 | 2.72 | 8.07 | |||
BBVA | 1.23 | 0.08 | 0.02 | 0.26 | 1.81 | 2.37 | 7.43 | |||
SAN | 1.32 | 0.33 | 0.14 | 0.60 | 1.65 | 3.11 | 9.58 | |||
UBS | 1.28 | 0.24 | 0.15 | 0.37 | 1.29 | 2.96 | 7.72 | |||
HSBC | 0.96 | 0.24 | 0.18 | 0.51 | 0.76 | 2.61 | 6.12 | |||
LYG | 1.16 | 0.15 | 0.04 | 0.55 | 1.62 | 2.72 | 8.84 | |||
AEG | 1.00 | 0.17 | 0.11 | 0.35 | 0.91 | 2.11 | 5.61 |
ING Group Corporate Management
Cindy EldertKlep | Company Secretary | Profile | |
Margarete Haase | Independent Member of the Supervisory Board | Profile | |
Ljiljana Cortan | Chief Risk Officer, Member of the Management Board Banking, Member of the Executive Board | Profile | |
Erwin Olijslager | Principal Officer | Profile | |
Lodewijk Bergh | Independent Member of the Supervisory Board | Profile | |
J Colombas | Independent Member of the Supervisory Board | Profile |