Correlation Between Oracle and Trimol

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

By analyzing existing cross correlation between Oracle and Trimol Group, you can compare the effects of market volatilities on Oracle and Trimol 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 Oracle with a short position of Trimol. Check out your portfolio center. Please also check ongoing floating volatility patterns of Oracle and Trimol.

Diversification Opportunities for Oracle and Trimol

-0.86

Correlation Coefficient

Oracle  Trimol

Pay attention - limited upside

The 3 months correlation between Oracle and Trimol is -0.86. Overlapping area represents the amount of risk that can be diversified away by holding Oracle and Trimol Group in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Trimol Group and Oracle 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 Oracle are associated (or correlated) with Trimol. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Trimol Group has no effect on the direction of Oracle i.e., Oracle and Trimol go up and down completely randomly.

Pair Corralation between Oracle and Trimol

Given the investment horizon of 90 days Oracle is expected to generate 0.21 times more return on investment than Trimol. However, Oracle is 4.7 times less risky than Trimol. It trades about 0.35 of its potential returns per unit of risk. Trimol Group is currently generating about -0.13 per unit of risk. If you would invest  15,002  in Oracle on May 9, 2025 and sell it today you would earn a total of  10,641  from holding Oracle or generate 70.93% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Significant
Accuracy	98.39%
Values	Daily Returns

Oracle  vs.  Trimol Group

Oracle

Risk-Adjusted Performance

Strong

Compared to the overall equity markets, risk-adjusted returns on investments in Oracle are ranked lower than 27 (%) of all global equities and portfolios over the last 90 days. Despite quite unsteady fundamental indicators, Oracle disclosed solid returns over the last few months and may actually be approaching a breakup point.

Trimol Group

Risk-Adjusted Performance

Weakest

Over the last 90 days Trimol Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unsteady performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in September 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors.

Pair Trading with Oracle and Trimol

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

The idea behind Oracle and Trimol Group 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.