{"id":2012261,"date":"2015-01-07T19:24:12","date_gmt":"2015-01-07T13:54:12","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2012261"},"modified":"2015-01-07T19:26:35","modified_gmt":"2015-01-07T13:56:35","slug":"nifty-correlations","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/01\/07\/nifty-correlations\/","title":{"rendered":"Nifty Correlations"},"content":{"rendered":"<p>It is useful to visualize the correlations of returns between individual stocks in an index. If correlations are high, betting on the index as a whole could be more profitable compared to picking single stocks. Low correlations, on the other hand, is a stock-picker&#8217;s dream. Here&#8217;s how the NIFTY correlations stack up.<\/p>\n<h3>One year daily returns<\/h3>\n<p><a target=\"_blank\" href=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1.png\" alt=\"cnx nifty correlations.2014-1-1\" width=\"2000\" height=\"2000\" class=\"alignnone size-full wp-image-2012281\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1.png 2000w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1-150x150.png 150w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1-300x300.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1-1024x1024.png 1024w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1-144x144.png 144w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-1-1-900x900.png 900w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/a><\/p>\n<h3>One month daily returns<\/h3>\n<p><a target=\"_blank\" href=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1.png\" alt=\"cnx nifty correlations.2014-12-1\" width=\"2000\" height=\"2000\" class=\"alignnone size-full wp-image-2012271\" srcset=\"https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1.png 2000w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1-150x150.png 150w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1-300x300.png 300w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1-1024x1024.png 1024w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1-144x144.png 144w, https:\/\/portalvhds29z8xdrqhczq.blob.core.windows.net\/wordpress\/2015\/01\/cnx-nifty.2014-12-1-900x900.png 900w\" sizes=\"auto, (max-width: 2000px) 100vw, 2000px\" \/><\/a><\/p>\n<p>A lot of thick blue squares mean that positive correlations are high. Red squares mean negative correlations are high. Whites are the doldrums.<\/p>\n<p>We plan to update these on a weekly basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is useful to visualize the correlations of returns between individual stocks in an index. If correlations are high, betting on the index as a whole could be more profitable compared to picking single stocks. Low correlations, on the other hand, is a stock-picker&#8217;s dream. Here&#8217;s how the NIFTY correlations stack up. One year daily &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[954,3391],"class_list":["post-2012261","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-correlation","tag-nifty","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2012261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2012261"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2012261\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2012261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2012261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2012261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}