Correlation Between Accelleron Industries and Georg Fischer

Can any of the company-specific risk be diversified away by investing in both Accelleron Industries and Georg Fischer at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Accelleron Industries and Georg Fischer into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Accelleron Industries AG and Georg Fischer AG, you can compare the effects of market volatilities on Accelleron Industries and Georg Fischer and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Accelleron Industries with a short position of Georg Fischer. Check out your portfolio center. Please also check ongoing floating volatility patterns of Accelleron Industries and Georg Fischer.

Diversification Opportunities for Accelleron Industries and Georg Fischer

0.78

Correlation Coefficient

Accelleron Industries  Georg Fischer

Poor diversification

The 3 months correlation between Accelleron and Georg is 0.78. Overlapping area represents the amount of risk that can be diversified away by holding Accelleron Industries AG and Georg Fischer AG in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Georg Fischer AG and Accelleron Industries is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Accelleron Industries AG are associated (or correlated) with Georg Fischer. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Georg Fischer AG has no effect on the direction of Accelleron Industries i.e., Accelleron Industries and Georg Fischer go up and down completely randomly.

Pair Corralation between Accelleron Industries and Georg Fischer

Assuming the 90 days trading horizon Accelleron Industries AG is expected to generate 0.74 times more return on investment than Georg Fischer. However, Accelleron Industries AG is 1.35 times less risky than Georg Fischer. It trades about -0.16 of its potential returns per unit of risk. Georg Fischer AG is currently generating about -0.15 per unit of risk. If you would invest  7,375  in Accelleron Industries AG on August 17, 2025 and sell it today you would lose (1,060) from holding Accelleron Industries AG or give up 14.37% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Significant
Accuracy	98.48%
Values	Daily Returns

Accelleron Industries AG  vs.  Georg Fischer AG

Accelleron Industries

Risk-Adjusted Performance

Weakest

Over the last 90 days Accelleron Industries AG has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors.

Georg Fischer AG

Risk-Adjusted Performance

Weakest

Over the last 90 days Georg Fischer AG has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors.

Pair Trading with Accelleron Industries and Georg Fischer

The main advantage of trading using opposite Accelleron Industries and Georg Fischer positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Accelleron Industries position performs unexpectedly, Georg Fischer can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Georg Fischer will offset losses from the drop in Georg Fischer's long position.

The idea behind Accelleron Industries AG and Georg Fischer AG pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.