Correlation Between Calvert Us and Hsbc Treasury

Can any of the company-specific risk be diversified away by investing in both Calvert Us and Hsbc Treasury 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 Calvert Us and Hsbc Treasury into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Calvert Large Cap E and Hsbc Treasury Money, you can compare the effects of market volatilities on Calvert Us and Hsbc Treasury 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 Calvert Us with a short position of Hsbc Treasury. Check out your portfolio center. Please also check ongoing floating volatility patterns of Calvert Us and Hsbc Treasury.

Diversification Opportunities for Calvert Us and Hsbc Treasury

0.0

Correlation Coefficient

Calvert Us  Hsbc Treasury

Pay attention - limited upside

The 3 months correlation between Calvert and Hsbc is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Calvert Large Cap E and Hsbc Treasury Money in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Hsbc Treasury Money and Calvert Us 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 Calvert Large Cap E are associated (or correlated) with Hsbc Treasury. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Hsbc Treasury Money has no effect on the direction of Calvert Us i.e., Calvert Us and Hsbc Treasury go up and down completely randomly.

Pair Corralation between Calvert Us and Hsbc Treasury

If you would invest  5,018  in Calvert Large Cap E on May 10, 2025 and sell it today you would earn a total of  410.00  from holding Calvert Large Cap E or generate 8.17% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Calvert Large Cap E  vs.  Hsbc Treasury Money

Calvert Large Cap

Risk-Adjusted Performance

Good

Compared to the overall equity markets, risk-adjusted returns on investments in Calvert Large Cap E are ranked lower than 14 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Calvert Us may actually be approaching a critical reversion point that can send shares even higher in September 2025.

Hsbc Treasury Money

Risk-Adjusted Performance

Weakest

Over the last 90 days Hsbc Treasury Money has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong basic indicators, Hsbc Treasury is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Pair Trading with Calvert Us and Hsbc Treasury

The main advantage of trading using opposite Calvert Us and Hsbc Treasury positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Calvert Us position performs unexpectedly, Hsbc Treasury 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 Hsbc Treasury will offset losses from the drop in Hsbc Treasury's long position.

The idea behind Calvert Large Cap E and Hsbc Treasury Money 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.

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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 CEOs Directory module to screen CEOs from public companies around the world.