| 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 2 Years. |
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AC1 |
AC2 |
AC3 |
AC4 |
AC5 |
AC6 |
AC7 |
AC8 |
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Return |
SD |
| Corporate Bond |
AC1 |
1.00 |
0.99 |
0.88 |
0.08 |
-0.91 |
0.83 |
0.16 |
0.89 |
|
4.32 |
1.20 |
| CRISIL 1 Yr T-Bill |
AC2 |
0.99 |
1.00 |
0.87 |
-0.01 |
-0.89 |
0.86 |
0.16 |
0.88 |
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3.38 |
0.32 |
| Emerging Market |
AC3 |
0.88 |
0.87 |
1.00 |
0.80 |
-0.90 |
0.90 |
0.95 |
1.00 |
|
10.27 |
46.66 |
| Equity India |
AC4 |
0.08 |
-0.01 |
0.80 |
1.00 |
-0.45 |
0.28 |
0.24 |
0.80 |
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5.78 |
18.77 |
| Gilt 10 years |
AC5 |
-0.91 |
-0.89 |
-0.90 |
-0.45 |
1.00 |
-0.90 |
-0.48 |
-0.90 |
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-5.08 |
9.59 |
| Gold |
AC6 |
0.83 |
0.86 |
0.90 |
0.28 |
-0.90 |
1.00 |
0.61 |
0.90 |
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24.94 |
18.27 |
| Silver |
AC7 |
0.16 |
0.16 |
0.95 |
0.24 |
-0.48 |
0.61 |
1.00 |
0.95 |
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28.54 |
355.31 |
| World Index |
AC8 |
0.89 |
0.88 |
1.00 |
0.80 |
-0.90 |
0.90 |
0.95 |
1.00 |
|
10.29 |
45.45 |
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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. |
30.32% |
| Portfolio Return |
10.31% |
| Start Date |
22 Apr 2024 |
| End Date |
24 Sep 2025 |
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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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