X axis : Stocks Price Correlation Coefficient

Y axis : Quantity of stocks

1,000 Day Parameter

4,337 NYSE Stocks Price




Correlation Histogram Type Script



All stocks was analyzed Correlation Histogram Group of four had to be divided.

The group is the same as in the graph below.


 

X axis : Stocks Price Correlation Coefficient

Y axis : Quantity of stocks

 

 

 

Zero Correlation Histogram

- The stock pair is concentrated in the correlation coefficient zero.

- If the diversification, Zero type will increase the proportion of the portfolio.

- And, Zero type are often low volatility.

 


 

 

 

Type A Correlation Histogram

- The stock pair is concentrated in the plus high correlation coefficient and minus high correlation coefficient.

- A type will reduce the proportion of the portfolio. 

- And A type are often high volatility.

 

 

 

 

 


Type B Correlation Histogram

- The stock pair is concentrated in the plus high correlation coefficient.

 


 

 

 

Type C Correlation Histogram

- The stock pair is concentrated in the minus high correlation coefficient.

 

 


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