Lag correlation analysis

StockFusion Studio includes the powerful lag correlation matrix for discovery of symbol dependencies. It calculates cross correlation of selected symbol with other symbols over a range of time lags. If strong correlation exists, then correlated symbol can serve as a sort of predictor.

For example, we see that EKK for some reason correlates with EVO on lag 16. This means that if EVO has some price change, it is 42% likely that EKK will have very same price change in 16 trading days after that. Similar dependencies should exist intraday also.

Portfolio correlation matrix

Portfolio correlation matrix is the powerful tool for your portfolio optimization. It allows optimal portfolio balancing be excluding from it closely correlated symbols. If you have several closely correlated symbols in portfolio, they similarly behave on market changes and do not add any stability to your portfolio. You must try to keep in portfolio only poorly related symbols. This generally increases portfolio stability because it will increase probability of some symbols growing when the others are on down slump.


StockFusion Studio gives you powerful option of optimizing your portfolio through correlation matrix analysis, which will highlight optimal combination of symbols in your portfolio.

Adding new symbols to symbol lookup list

It may eventually happen that your favorite symbol is not present in our Yahoo symbol lookup database, for example, due to a lag in database update. In this case, it is very easy to add symbol to lookup list, happen it is valid symbol existing on Yahoo Finance.

Go to "Home & Basics > Symbol" and simply enter proper symbol into search box. Then hit "Search" button. Symbol will be permanently added to lookup list and show up on chart.

StockFusion Studio supports all world exchanges EOD data free of any subscription fees with its new Yahoo data provider. All registered customers are encouraged to download new version with a lot of other exciting extensions at
http://www.stockfusion.net/download/sfstudio.exe

Data are courtesy of Yahoo Finance
http://finance.yahoo.com/exchanges

Supported exchanges include:

American Stock Exchange
BATS Trading
Chicago Board of Trade
Chicago Mercantile Exchange
NASDAQ Stock Exchange
New York Board of Trade
New York Commodities Exchange
New York Mercantile Exchange
New York Stock Exchange
OTC Bulletin Board Market
Pink Sheets
Buenos Aires Stock Exchange
Vienna Stock Exchange
Australian Stock Exchange
Sao Paolo Stock Exchange
Toronto Stock Exchange
TSX Venture Exchange
Shanghai Stock Exchange
Shenzhen Stock Exchange
Copenhagen Stock Exchange
Paris Stock Exchange
Berlin Stock Exchange
Bremen Stock Exchange
Dusseldorf Stock Exchange
Frankfurt Stock Exchange
Hamburg Stock Exchange
Hanover Stock Exchange
Munich Stock Exchange
Stuttgart Stock Exchange
XETRA Stock Exchange
Hong Kong Stock Exchange
Bombay Stock Exchange
National Stock Exchange of India
Jakarta Stock Exchange
Tel Aviv Stock Exchange
Milan Stock Exchange
Korea Stock Exchange
KOSDAQ
Mexico Stock Exchange
Amsterdam Stock Exchange
New Zealand Stock Exchange
Oslo Stock Exchange
Singapore Stock Exchange
Barcelona Stock Exchange
Bilbao Stock Exchange
Madrid Fixed Income Market
Madrid SE C.A.T.S.
Madrid Stock Exchange
Stockholm Stock Exchange
Swiss Exchange
Taiwan OTC Exchange
Taiwan Stock Exchange
London Stock Exchange