{"id":165,"date":"2020-11-15T13:00:00","date_gmt":"2020-11-15T13:00:00","guid":{"rendered":"https:\/\/jonathansolis.com\/blog\/?p=165"},"modified":"2021-03-17T20:13:39","modified_gmt":"2021-03-17T20:13:39","slug":"correlacion-de-activos","status":"publish","type":"post","link":"https:\/\/jonathansolis.com\/blog\/correlacion-de-activos\/","title":{"rendered":"Correlaci\u00f3n de activos"},"content":{"rendered":"<body>\n<p>\u00bfSabes que es la correlaci\u00f3n de activos y por qu\u00e9 es importante? La correlaci\u00f3n ese n\u00famero que nos dice en qu\u00e9 grado se mueven dos valores en relaci\u00f3n el uno con el otro y se mide por medio del coeficiente de correlaci\u00f3n que va desde -1 hasta 1.<\/p>\n\n\n\n<p>Cuando pensamos en agregar valores a nuestro portafolio, en general nos interesa que tengan una correlaci\u00f3n baja, de ese modo cuando uno baje de precio el otro subir\u00e1, as\u00ed se reduce la afectaci\u00f3n que pudi\u00e9ramos tener.<\/p>\n\n\n\n<p>Si dos activos tienen un coeficiente de correlaci\u00f3n de 1, quiere decir que est\u00e1n perfectamente correlacionados, por lo que cuando uno suba o baje, el otro har\u00e1 lo mismo. <\/p>\n\n\n\n<p>En la imagen de ejemplo, se puede ver como ambos activos se mueven pr\u00e1cticamente en la misma direcci\u00f3n:<\/p>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" width=\"483\" height=\"291\" src=\"https:\/\/lh6.googleusercontent.com\/TnBTo7d5-BuYkLpeIuEnVKAHIt-kw9fXyjrHeTF-3xu3wZDG7s_xr7fq_v2Q10LSeBALaFdw-9syiD6u9VrxmAA2ogZwFkbxhRuRUUqTg1n-aIBCkpbk2rqilRCs3B9Hhz1RcAw\" loading=\"lazy\"><\/p>\n\n\n\n<p>Sin embargo cuando dos activos tienen una correlaci\u00f3n de -1 quiere decir que si uno sube o baja el otro se mueve en direcci\u00f3n opuesta. <\/p>\n\n\n\n<p>Al contrario del ejemplo anterior, en esta imagen vemos como ambos activos A y B se mueven en direcciones opuestas:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/9hc0cyXi1Z8-1nEbp0tdDMsc8wTK-Ks4kLSjeT6lZ3EKh7wBIzrTy2sn2kRcC5dC0i6ygoevB_OCpF5ApT0MuR2kMgczIECV3kk01QNSF5zq_X5gxwnGnULBZo5OJeGmD2XJRh4\" alt=\"\" loading=\"lazy\"><\/figure><\/div>\n\n\n\n<p>Por supuesto, en la vida real no todo es blanco o negro, as\u00ed que en realidad encontraremos coeficientes de correlaci\u00f3n mas del tipo -0.18, 0.25, 0.97, etc.<\/p>\n\n\n\n<p><strong>Importante<\/strong>: La correlaci\u00f3n no es est\u00e1tica, cambia con el tiempo, por lo que hay que monitorearla de tanto en tanto.<\/p>\n\n\n\n<p>Aqu\u00ed tienes una tabla con la correlaci\u00f3n de los activos m\u00e1s comunes. Se puede ver por ejemplo, como los commodities tiene una correlaci\u00f3n de -0.66, que es muy baja con respecto a las divisas (currencies).<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/BOa11CVu6vqhshVH6LNXCFuaVwIb5BZ8GAUZgywwYlV3Z9Dn6LYazXE-91-RvhGUryvW2xFn1xi6XXznMMrkgOoW7D-7jzM_olRSNt1oh2vPT5u6KxWxtS6B4WWvdGMfnhJFIl0\" alt=\"\" loading=\"lazy\"><\/figure><\/div>\n\n\n\n<p><a href=\"https:\/\/www.guggenheiminvestments.com\/mutual-funds\/resources\/interactive-tools\/asset-class-correlation-map\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">https:\/\/www.guggenheiminvestments.com\/mutual-funds\/resources\/interactive-tools\/asset-class-correlation-map<\/a><\/p>\n\n\n\n<p>Puedes encontrar m\u00e1s art\u00edculos de este tipo en <a href=\"https:\/\/jonathansolis.com\/blog\/tag\/basicos-de-inversion\/\">B\u00e1sicos de inversion<\/a><\/p>\n\n\n\n<p>\u00bfList@ para agregar tu pr\u00f3ximo activo?<\/p>\n\n\n\n<p>Foto por <a href=\"https:\/\/unsplash.com\/@marcus_wallis?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Marcus Wallis<\/a><\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>La correlaci\u00f3n de activos es ese n\u00famero que nos dice en qu\u00e9 grado se mueven dos valores en relaci\u00f3n el uno con el otro.<\/p>\n","protected":false},"author":2,"featured_media":249,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[13],"class_list":["post-165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inversiones","tag-basicos-de-inversion","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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