Stock Market Structures

Clustering Stock Market Structures




Swiss Exchanges

Correlation basis clusters(Jun 2015 - Aug 2016)

  • Cluster 1: BankLinthLLBAG
  • Cluster 2: YpsomedHoldingAG, BBBiotechAG, BellevueGroupAG, MolecularPartnersAG, GuritHoldingAG, BanqueCantonaleduJuraSA, VontobelHoldingAG, BasileaPharmaceuticaAG, FeintoolInternationalHoldingAG, NewronPharmaceuticalsS.p.A., SchweiterTechnologiesAG, ValiantHoldingAG, RocheHoldingAG, BKWAG
  • Cluster 3: ZehnderGroupAG, AFGArbonia, Huber+SuhnerAG, SunriseCommunicationsGroupAG, PhoenixMecanoAG, BossardHoldingAG
  • Cluster 4: Commerzbank
  • Cluster 5: EFGInternationalAG, u-bloxHoldingAG, ams, KardexAG, Airopack, LiechtensteinischeLandesbankAG, INFICONHoldingAG
  • Cluster 6: GoldFieldsLimited, VonRollHoldingAG, NEBAGAG
  • Cluster 7: PrivateEquityHoldingAG, ALSOHoldingAG
  • Cluster 8: mobilezoneholdingag, GAMHoldingAG, BankCoopAG, MeyerBurgerTechnologyAG, SchindlerHoldingAG, VPBankAG, APG SGA, TheSwatchGroupAG, PSPSwissPropertyAG, KudelskiS.A., DKSHHoldingAG, MCHGroupAG
  • Cluster 9: AlpineSelectAG, CassiopeaS.p.A.
  • Cluster 10: EnergiedienstHoldingAG
  • Cluster 11: LeclanchéS.A.
  • Cluster 12: MicronasSemiconductorHoldingAG, WalterMeierAG
  • Cluster 13: IVFHARTMANNHoldingAG
  • Cluster 14: CalidaHoldingAG, JungfraubahnHoldingAG, OriorAG, BernerKantonalbankAG, TamediaAG
  • Cluster 15: BFWLiegenschaftenAG
  • Cluster 16: HügliHoldingAG




    • Deutsche Borse

    Correlation basis clusters(Jun 2015 - Aug 2016)

  • Cluster 1: DEUTSCHE POSTBANK AG NA
  • Cluster 2: CARL ZEISS MEDITEC AG, UMT UTD MOB.TECHN.AG,, VERBIO VER.BIOENERGIE ON
  • Cluster 3: PHOENIX SOLAR AG O.N., SOLAR-FABRIK AG O.N., 2G ENERGY AG
  • Cluster 4: MUEHLHAN O.N.
  • Cluster 5: BASF SE NA O.N., DT.TELEKOM AG NA, DEUTSCHE BANK AG NA O.N., DU PONT NEMOURS DL -, BAY.MOTOREN WERKE AG ST, VOLKSWAGEN AG ST O.N., LUFTHANSA AG VNA O.N., ALLIANZ SE VNA O.N., PORSCHE AUTOM.HLDG VZO, NORDEX SE O.N., SAP AG O.N., KLOECKNER + CO SE NA, SIEMENS AG NA, LINDE AG O.N., SOLARWORLD AG O.N., HUGO BOSS AG NA O.N., MEDIGENE NA O.N., DAIMLER AG NA O.N., WIRECARD AG, BAYER AG NA, CONTINENTAL AG O.N., DEUTSCHE BOERSE NA O.N., COMMERZBANK AG, E.ON SE NA
  • Cluster 6: PARAGON AG, HENKEL AG+CO.KGAA ST O.N., ENERGIEKONTOR O.N., NEXUS AG O.N.
  • Cluster 7: TELEFONICA DTLD HLDG AG,, NEMETSCHEK AG O.N., LEONI AG NA O.N., JENOPTIK AG O.N.
  • Cluster 8: IFA SYSTEMS AG, INTERSHOP COMM., PAUL HARTMANN AG O.N.




    • Borsa Italiana

    Correlation basis clusters(Jun 2015 - Aug 2016)

  • Cluster 1: CAD IT SpA
  • Cluster 2: Carrefour SA
  • Cluster 3: Aegon
  • Cluster 4: Banca Generali SpA
  • Cluster 5: Alerion Cleanpower SpA
  • Cluster 6: Cape Listed Investment Vehicle In Equity SpA
  • Cluster 7: Banca Intermobiliare SpA
  • Cluster 8: Autostrade Meridionali SpA
  • Cluster 9: Dada SpA
  • Cluster 10: Caleffi SpA
  • Cluster 11: Astaldi SpA, Banco di Desio e della Brianza SpA, RWE AG, Valsoia SpA, Banca Finnat Euramerica SpA, Recordati SpA, Reply SpA, Enel Green Power SpA, Vianini Lavori SpA, Cofide SpA, B&C Speakers SpA, Aedes SpA, Autostrada Torino-Milano SpA, Aeffe SpA, Assicurazioni Generali SpA, Cembre SpA, Trevi Finanziaria Industriale SpA, Carraro SpA, Arcelormittal SA, BasicNet SpA, Arnoldo Mondadori Editore SpA, Credito Emiliano SpA, Caltagirone Editore SpA, Amplifon SpA, Beghelli SpA, Credito Emiliano Spa, Retelit SpA, Tesmec SpA, Acotel Group SpA, Digital Bros Sp, Datalogic SpA, Cairo Communication SpA, Banca Monte dei Paschi di Siena SpA, Reno de Medici SpA, DeA Capital SpA, Brunello Cucinelli SpA, Autogrill SpA, Deutsche Bank AG, UniCredit SpA, RCS MediaGroup SpA, Nokia Oyj, Eni SpA, DiaSorin SpA, Telecom Italia S.P.A., Tods SpA, AS Roma SpA, TerniEnergia SpA, BE, Risanamento SpA, Class Editori SpA, Vittoria Assicurazioni SpA, Bioera SpA, Ascopiave SpA, Bolzoni SpA, Tiscali SpA, CIR-Compagnie Industriali Riunite SpA, Acsm - Agam SpA
  • Cluster 12: Vianini Industria SpA
  • Cluster 13: Conafi Prestito SPA
  • Cluster 14: Noemalife SpA
  • Cluster 15: Telefnica SA
  • Cluster 16: Caltagirone SpA
  • Cluster 17: Ageas
  • Cluster 18: Cia Immobiliare Azionaria
  • Cluster 19: Ratti SpA
  • Cluster 20: Best Union Company SpA
  • Cluster 21: Nice SpA
  • Cluster 22: Rosss SpA
  • Cluster 23: Vivendi




    • Moscow Exchange

    Correlation basis clusters(Jun 2015 - Aug 2016)

  • Cluster 1: Motovilikha Plants
  • Cluster 2: Ashinsk Metallurgical Plant, Cherepovets Mf Severstal, Transneft, Novolipetsk Steel OJSC
  • Cluster 3: Chelyabinsk Tube Works
  • Cluster 4: Rosbank Oao
  • Cluster 5: Zavolzhskiy Motor Plant, Izhstal, Bank Vozrozhdenie
  • Cluster 6: Nizhnekamskshina
  • Cluster 7: Dorogobuzh Smolenskaja, Mostotrest OAO, Irkutskenergo
  • Cluster 8: Polyus Gold OAO, Chelyabinsk Metallurgical Enterprise, Acron, Primorsk Shipping Corporation, Avtovaz, Krasnoyarsk Hydroelec Station, Kozanorgsintez, Kubanenergo
  • Cluster 9: Far East Shipping Co.
  • Cluster 10: Gaz Auto Plant
  • Cluster 11: Severstal Auto JSC
  • Cluster 12: Saratovenergo, VSMPO-AVISMA Corporation
  • Cluster 13: Kamaz
  • Cluster 14: Buryatzoloto
  • Cluster 15: Tatneft, RKK Energia, Rostelecom, Uralkaliy, Nizhnekamskneftekhim, Mmc Norilsk Nickel, Gazprom Neft, Sberbank, Surgutneftegaz, NK Rosneft OAO, Novatek, Mechel OAO, Pharmacy Chain36.6, Lukoil Holding, Razguliay Group, Red October, Yuzny Kuzbass, Gazprom, Bashneft, Magnit JSC, Sistema Jsfc, Mobile Telesystems, Aeroflot
  • Cluster 16: Irkut Corporation, Mosenergo, Lenenergo, Wholesale Generation Co.

    • Stock Market

    Swiss Exchanges

    Deutsche Borse

    Borsa Italiana

    Moscow Exchange