MSCI Correlations
| 3HM Stock | EUR 577.40 8.80 1.55% |
The current 90-days correlation between MSCI Inc and Tradeweb Markets is 0.11 (i.e., Average diversification). The correlation of MSCI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
MSCI Correlation With Market
Significant diversification
The correlation between MSCI Inc and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MSCI Inc and DJI in the same portfolio, assuming nothing else is changed.
MSCI |
The ability to find closely correlated positions to MSCI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MSCI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MSCI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MSCI Inc to buy it.
Moving together with MSCI Stock
| 0.85 | DWD | Morgan Stanley | PairCorr |
| 0.84 | DWD | Morgan Stanley | PairCorr |
| 0.82 | SWG | Charles Schwab | PairCorr |
| 0.8 | GOS | Goldman Sachs | PairCorr |
| 0.8 | GOS | Goldman Sachs | PairCorr |
| 0.61 | DUT | Moodys | PairCorr |
| 0.81 | KR51 | KKR Co LP | PairCorr |
| 0.81 | KBIA | KB Financial Group | PairCorr |
| 0.69 | FHL | Federal Home Loan | PairCorr |
| 0.65 | SID | State Bank | PairCorr |
| 0.72 | W8V | Bank of China Limited | PairCorr |
| 0.83 | APC | Apple Inc | PairCorr |
| 0.68 | E908 | Lyxor 1 | PairCorr |
Moving against MSCI Stock
| 0.69 | TKDA | Takeda Pharmaceutical | PairCorr |
| 0.6 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.54 | OIXA | Orix Corp Ads | PairCorr |
| 0.52 | OIX | ORIX | PairCorr |
| 0.32 | SUMB | SUMITOMO P SP | PairCorr |
Related Correlations Analysis
| 0.72 | 0.39 | 0.84 | 0.29 | 0.46 | 0.14 | 108 | ||
| 0.72 | 0.16 | 0.9 | 0.59 | 0.88 | 0.5 | FOO | ||
| 0.39 | 0.16 | 0.33 | -0.16 | -0.04 | -0.22 | T2G | ||
| 0.84 | 0.9 | 0.33 | 0.44 | 0.74 | 0.42 | WN6 | ||
| 0.29 | 0.59 | -0.16 | 0.44 | 0.71 | 0.72 | 1NX | ||
| 0.46 | 0.88 | -0.04 | 0.74 | 0.71 | 0.76 | 4T0 | ||
| 0.14 | 0.5 | -0.22 | 0.42 | 0.72 | 0.76 | FR70 | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between MSCI Stock performing well and MSCI Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze MSCI's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 108 | 1.55 | 0.17 | 0.04 | 0.56 | 2.06 | 4.02 | 14.18 | |||
| FOO | 1.35 | 0.44 | 0.24 | 1.27 | 0.99 | 4.15 | 12.42 | |||
| T2G | 0.25 | (0.03) | 0.00 | 0.67 | 0.00 | 0.56 | 4.48 | |||
| WN6 | 1.07 | 0.09 | 0.04 | 0.25 | 1.04 | 2.73 | 6.24 | |||
| 1NX | 1.39 | 0.41 | 0.32 | 8.86 | 0.37 | 2.65 | 30.51 | |||
| 4T0 | 1.11 | 0.32 | 0.12 | 8.77 | 1.01 | 2.78 | 6.78 | |||
| FR70 | 1.44 | 0.13 | 0.02 | 0.59 | 1.73 | 3.45 | 11.86 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in MSCI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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MSCI Corporate Management
Elected by the shareholders, the MSCI's board of directors comprises two types of representatives: MSCI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MSCI. The board's role is to monitor MSCI's management team and ensure that shareholders' interests are well served. MSCI's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MSCI's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Henry Fernandez | Chairman CEO | Profile | |
| Robert Gutowski | G Counsel | Profile | |
| Cristina Bondolowski | Chief Officer | Profile | |
| C Pettit | Pres COO | Profile | |
| Peter Zangari | Global Devel | Profile | |
| Andrew Wiechmann | Chief Officer | Profile | |
| Jigar Thakkar | CTO Engineering | Profile |