| Your Current Location : Correlation : Asset Class Correlation |
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Asset Class Correlation Matrix |
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| The following table shows return correlations between various Asset Classes over the past 3 Months. |
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AC1 |
AC2 |
AC3 |
AC4 |
AC5 |
AC6 |
AC7 |
AC8 |
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Return |
SD |
| Corporate Bond |
AC1 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
1.79 |
0.00 |
| CRISIL 1 Yr T-Bill |
AC2 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
|
1.05 |
0.00 |
| Emerging Market |
AC3 |
0.00 |
0.00 |
1.00 |
1.00 |
-1.00 |
-1.00 |
1.00 |
1.00 |
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-1.93 |
32.75 |
| Equity India |
AC4 |
0.00 |
0.00 |
1.00 |
1.00 |
-0.31 |
0.05 |
-0.33 |
1.00 |
|
8.02 |
13.04 |
| Gilt 10 years |
AC5 |
0.00 |
0.00 |
-1.00 |
-0.31 |
1.00 |
-0.52 |
-0.07 |
-1.00 |
|
-1.00 |
11.27 |
| Gold |
AC6 |
0.00 |
0.00 |
-1.00 |
0.05 |
-0.52 |
1.00 |
0.78 |
-1.00 |
|
2.99 |
18.09 |
| Silver |
AC7 |
0.00 |
0.00 |
1.00 |
-0.33 |
-0.07 |
0.78 |
1.00 |
1.00 |
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1.08 |
30.24 |
| World Index |
AC8 |
0.00 |
0.00 |
1.00 |
1.00 |
-1.00 |
-1.00 |
1.00 |
1.00 |
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-1.87 |
28.61 |
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Note :
- Returns upto 1 year are absolute and over 1 year are compounded and annualised.
- Standard Deviations are calculated on daily return basis for the given period and are annualised.
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Intra-Portfolio Diversification 
Diversification can be quantified as the intra-portfolio correlation. This indicate Percent of diversifiable risk eliminated. |
44.36% |
| Portfolio Return |
1.27% |
| Start Date |
17 Jun 2024 |
| End Date |
16 Sep 2024 |
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| Each cell represents the correlation between the two corresponding assets. |
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| Cell Color |
Description |
Diversification Benefit |
| -1.00 to -0.40 |
Asset pair with negative correlation |
Excellent Diversification |
| -0.40 to 0.00 |
Asset pair with slight negative correlation |
Good Diversification |
| 0.00 to 0.60 |
Asset pair with mild positive correlation |
Moderate Diversification |
| 0.60 to 1.00 |
Asset pair with strong positive correlation |
Poor Diversification |
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