Correlation Between Quorum Information and Maple Leaf

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

By analyzing existing cross correlation between Quorum Information Technologies and Maple Leaf Foods, you can compare the effects of market volatilities on Quorum Information and Maple Leaf 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 Quorum Information with a short position of Maple Leaf. Check out your portfolio center. Please also check ongoing floating volatility patterns of Quorum Information and Maple Leaf.

Diversification Opportunities for Quorum Information and Maple Leaf

-0.53

Correlation Coefficient

Quorum Information  Maple Leaf

Excellent diversification

The 3 months correlation between Quorum and Maple is -0.53. Overlapping area represents the amount of risk that can be diversified away by holding Quorum Information Technologie and Maple Leaf Foods in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Maple Leaf Foods and Quorum Information 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 Quorum Information Technologies are associated (or correlated) with Maple Leaf. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Maple Leaf Foods has no effect on the direction of Quorum Information i.e., Quorum Information and Maple Leaf go up and down completely randomly.

Pair Corralation between Quorum Information and Maple Leaf

Assuming the 90 days horizon Quorum Information Technologies is expected to generate 0.89 times more return on investment than Maple Leaf. However, Quorum Information Technologies is 1.12 times less risky than Maple Leaf. It trades about 0.1 of its potential returns per unit of risk. Maple Leaf Foods is currently generating about -0.13 per unit of risk. If you would invest  72.00  in Quorum Information Technologies on September 11, 2025 and sell it today you would earn a total of  7.00  from holding Quorum Information Technologies or generate 9.72% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Very Weak
Accuracy	100.0%
Values	Daily Returns

Quorum Information Technologie  vs.  Maple Leaf Foods

Quorum Information

Risk-Adjusted Performance

Fair

Compared to the overall equity markets, risk-adjusted returns on investments in Quorum Information Technologies are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, Quorum Information may actually be approaching a critical reversion point that can send shares even higher in January 2026.

Maple Leaf Foods

Risk-Adjusted Performance

Weakest

Over the last 90 days Maple Leaf Foods has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's forward indicators remain very healthy which may send shares a bit higher in January 2026. The recent disarray may also be a sign of long period up-swing for the firm investors.

Pair Trading with Quorum Information and Maple Leaf

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

The idea behind Quorum Information Technologies and Maple Leaf Foods 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.