Regions Financial Correlations

RN7 Stock  EUR 22.20  1.20  5.71%   
The current 90-days correlation between Regions Financial and Haier Smart Home is -0.02 (i.e., Good diversification). The correlation of Regions Financial 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.

Regions Financial Correlation With Market

Very weak diversification

The correlation between Regions Financial and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Regions Financial and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Regions Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Regions Financial 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 Regions Financial - 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 Regions Financial to buy it.

Moving together with Regions Stock

  0.88UB5 US BancorpPairCorr
  0.97PNP PNC FinancialPairCorr
  0.94FFH Fifth Third BancorpPairCorr
  0.92MTZ MT Bank CorpPairCorr
  0.91HU3 Huntington BancsharesPairCorr
  0.951C5 Citizens FinancialPairCorr
  0.98KEY KeyCorpPairCorr
  0.87CJ8A CARGOJET INC VARPairCorr
  0.777EL Elis SA Earnings Call This WeekPairCorr
  0.73DBPE Xtrackers LevDAXPairCorr
  0.77E908 Lyxor 1PairCorr

Moving against Regions Stock

  0.74DBPD Xtrackers ShortDAXPairCorr
  0.539MDA MEITUAN UNSPADR2BPairCorr

Related Correlations Analysis

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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   
690DACX
NU42EV9
SMA690D
690DEV9
SMA47X
ACXNU42
  
High negative correlations   
4SBNU42
47XNU42
47XEV9
4SBEV9
4SBACX
4SB690D

Risk-Adjusted Indicators

There is a big difference between Regions Stock performing well and Regions Financial 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 Regions Financial'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Regions Financial 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.

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Regions Financial Corporate Management

Elected by the shareholders, the Regions Financial's board of directors comprises two types of representatives: Regions Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Regions. The board's role is to monitor Regions Financial's management team and ensure that shareholders' interests are well served. Regions Financial'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, Regions Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.