{"id":2122323,"date":"2020-02-10T18:47:26","date_gmt":"2020-02-10T13:17:26","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2122323"},"modified":"2020-02-10T18:47:38","modified_gmt":"2020-02-10T13:17:38","slug":"msci-country-momentum-index-correlations","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2020\/02\/10\/msci-country-momentum-index-correlations\/","title":{"rendered":"MSCI Country Momentum Index Correlations"},"content":{"rendered":"\n

In MSCI Country Index Correlations<\/a>, we looked at country index correlations through time. Here is a quick update that “flattens” out the rolling correlation of the momentum versions of these indices with the MSCI INDIA MOMENTUM Index.<\/p>\n\n\n\n

Three-year Rolling Correlations<\/h3>\n\n\n\n
\"\"
MSCI Country Momentum Index 3-year Rolling Correlations<\/figcaption><\/figure>\n\n\n\n

Five-year Rolling Correlations<\/h3>\n\n\n\n
\"\"
MSCI Country Momentum Index 5-year Rolling Correlations <\/figcaption><\/figure>\n\n\n\n

Take-away <\/h3>\n\n\n\n

Momentum is a lose proxy for sentiment and the tides of optimism floats all boats. All equity markets are correlated with each other – some strongly (HONG KONG) and some weakly (CANADA.)<\/p>\n\n\n\n

The median correlations across both 3- and 5-year rolling periods are greater than +0.70 between INDIA MOMENTUM and EMERGING MARKETS MOMENTUM.<\/p>\n\n\n\n

\"\"
Cumulative Returns of INDIA and EM MOMENTUM (MSCI)<\/figcaption><\/figure>\n\n\n\n

No market is an island. Sentiment is tail that wags the dog.<\/p>\n","protected":false},"excerpt":{"rendered":"

In MSCI Country Index Correlations, we looked at country index correlations through time. Here is a quick update that “flattens” out the rolling correlation of the momentum versions of these indices with the MSCI INDIA MOMENTUM Index. Three-year Rolling Correlations Five-year Rolling Correlations Take-away Momentum is a lose proxy for sentiment and the tides of … <\/p>\n","protected":false},"author":2,"featured_media":2122343,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471],"tags":[954],"class_list":["post-2122323","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-insight","tag-correlation","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2122323","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=2122323"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2122323\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2122343"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2122323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2122323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2122323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}