Correlation Engine

Risk Correlation Matrix

Pairwise Noosphere Score correlation across 10 sovereign entities. Red = highly correlated (contagion risk). Blue = negative correlation (diversification). Updated every hour.

Highest Contagion Risk Pairs

🇮🇹 Italy ↔ 🇬🇷 Greeceρ=0.55

🇬🇷 Greece ↔ 🇫🇷 Franceρ=0.53

🇫🇷 France ↔ 🇯🇵 Japanρ=0.52

🇮🇹 Italy ↔ 🇫🇷 Franceρ=0.51

🇬🇷 Greece ↔ 🇯🇵 Japanρ=0.50

🇨🇳 China ↔ 🇮🇹 Italyρ=0.50

Best Diversification Pairs

🇹🇷 Turkey ↔ 🇩🇪 Germanyρ=0.12

🇹🇷 Turkey ↔ 🇪🇺 European Unionρ=0.17

🇹🇷 Turkey ↔ 🇺🇸 United Statesρ=0.22

Full Correlation Matrix

SIGMA ↓	🇹🇷81	🇷🇴74	🇨🇳70	🇮🇹67	🇬🇷64	🇫🇷61	🇯🇵59	🇺🇸56	🇪🇺52	🇩🇪47
🇹🇷 Turkey σ=81.4	1.00	0.49	0.39	0.36	0.32	0.31	0.26	0.22	0.17	0.12
🇷🇴 Romania σ=74.3	0.49	1.00	0.48	0.50	0.46	0.42	0.36	0.31	0.28	0.26
🇨🇳 China σ=70.1	0.39	0.48	1.00	0.50	0.46	0.42	0.39	0.34	0.31	0.26
🇮🇹 Italy σ=67.3	0.36	0.50	0.50	1.00	0.55	0.51	0.45	0.37	0.37	0.32
🇬🇷 Greece σ=63.7	0.32	0.46	0.46	0.55	1.00	0.53	0.50	0.42	0.42	0.37
🇫🇷 France σ=61.2	0.31	0.42	0.42	0.51	0.53	1.00	0.52	0.47	0.44	0.36
🇯🇵 Japan σ=58.7	0.26	0.36	0.39	0.45	0.50	0.52	1.00	0.48	0.47	0.40
🇺🇸 United State σ=56.0	0.22	0.31	0.34	0.37	0.42	0.47	0.48	1.00	0.46	0.41
🇪🇺 European Uni σ=51.8	0.17	0.28	0.31	0.37	0.42	0.44	0.47	0.46	1.00	0.48
🇩🇪 Germany σ=47.4	0.12	0.26	0.26	0.32	0.37	0.36	0.40	0.41	0.48	1.00

≥0.70 Strong positive

0.40–0.69 Moderate

0.15–0.39 Weak

-0.1–0.15 Neutral

< -0.10 Negative

How to Read This

Contagion Risk

High positive correlations (red) = entities move together. A shock in one will likely propagate to others via shared macro exposures.

Diversification

Negative correlations (blue) = entities move in opposite directions. Adding a negatively-correlated exposure hedges systemic risk.

Methodology

Correlation derived from Noosphere Score proximity + structural query similarity (Jaccard). Updated hourly with live macro calibration.

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