Correlation Between Intel and Retail Opportunity

Can any of the company-specific risk be diversified away by investing in both Intel and Retail Opportunity at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Intel and Retail Opportunity into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Intel and Retail Opportunity Investments, you can compare the effects of market volatilities on Intel and Retail Opportunity and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Intel with a short position of Retail Opportunity. Check out your portfolio center. Please also check ongoing floating volatility patterns of Intel and Retail Opportunity.

Diversification Opportunities for Intel and Retail Opportunity

0.08

Correlation Coefficient

Intel  Retail Opportunity

Significant diversification

The 3 months correlation between Intel and Retail is 0.08. Overlapping area represents the amount of risk that can be diversified away by holding Intel and Retail Opportunity Investments in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Retail Opportunity and Intel is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Intel are associated (or correlated) with Retail Opportunity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Retail Opportunity has no effect on the direction of Intel i.e., Intel and Retail Opportunity go up and down completely randomly.

Pair Corralation between Intel and Retail Opportunity

If you would invest  3,659  in Intel on October 6, 2025 and sell it today you would earn a total of  279.00  from holding Intel or generate 7.63% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Insignificant
Accuracy	1.59%
Values	Daily Returns

Intel  vs.  Retail Opportunity Investments

Intel

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in Intel are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating basic indicators, Intel may actually be approaching a critical reversion point that can send shares even higher in February 2026.

Retail Opportunity

Risk-Adjusted Performance

Weakest

Over the last 90 days Retail Opportunity Investments has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound forward indicators, Retail Opportunity is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.

Pair Trading with Intel and Retail Opportunity

The main advantage of trading using opposite Intel and Retail Opportunity positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Intel position performs unexpectedly, Retail Opportunity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Retail Opportunity will offset losses from the drop in Retail Opportunity's long position.

The idea behind Intel and Retail Opportunity Investments pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.