Correlation Matrix
Displays the correlation coefficients between major FX, stock index, commodity, and cryptocurrency instruments. Deeper blue indicates strong positive correlation; deeper red indicates strong negative correlation. Use it for portfolio diversification, hedging, and trend confirmation. The Symbol Correlation Ranking lets you select any instrument and view its top 20 positive and negative correlations across all TitanFX instruments.
Major Symbol Correlation Heatmap
Notable Correlation Pairs/ Selected period
Symbol Correlation Ranking/ Top 20 from all TitanFX symbols (excl. US equities)
How to Read and Use This Tool
A correlation matrix visualizes how closely two instruments move together, expressed as a single number called the correlation coefficient, color-coded for quick reading. It is a practical tool for portfolio diversification, hedging, and confirming trends.
1What Is a Correlation Coefficient?
Correlation Coefficient (-1 to +1)
A measure of how closely two instruments move together. Calculated from the returns (rate of change) over the selected period. A value near +1 means they move in the same direction; near -1 means they move in opposite directions; near 0 means they are largely unrelated.
Covered Instruments
Compare across FX (major currency pairs), stock index CFDs (US500/NAS100 etc.), commodities (gold, silver, oil, natural gas), and cryptocurrencies (BTC/ETH). Use the category filters above to narrow the display.
2How to Read Colors and Values
| 色・数値 | 意味 |
|---|---|
| Bright blue (+0.7 to +1.0) | Strong positive correlation. Move almost in lockstep. |
| Blue (+0.3 to +0.7) | Mild positive correlation. |
| White (-0.3 to +0.3) | Weak correlation / largely unrelated. |
| Red (-0.3 to -0.7) | Mild negative correlation. |
| Bright red (-0.7 to -1.0) | Strong negative correlation. Move in opposite directions. |
3How to Apply This Tool
Diversification & Risk Management
Holding strongly positively correlated instruments in the same direction effectively doubles your risk exposure. Combining instruments with low correlations helps distribute portfolio risk.
Hedging
Strongly negatively correlated instruments tend to offset each other's losses. Use the matrix to find hedging candidates for your existing positions.
Avoiding Overlapping Positions
Holding two highly correlated instruments in the same direction is essentially doubling the same trade. Check whether your risk is unintentionally concentrated.
Trend Confirmation
Checking whether highly correlated related instruments (e.g. oil and oil-linked currencies) are moving in sync can reinforce the reliability of a trend.