Lafargeholcim Correlations

HCMLY Stock

USD 20.36 0.31 1.55%

The current 90-days correlation between Lafargeholcim ADR and Anhui Conch Cement is 0.12 (i.e., Average diversification). The correlation of Lafargeholcim is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Lafargeholcim Correlation With Market

Weak diversification

The correlation between Lafargeholcim Ltd ADR and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lafargeholcim Ltd ADR and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Lafargeholcim could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lafargeholcim when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lafargeholcim - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lafargeholcim Ltd ADR to buy it.

Moving together with Lafargeholcim Pink Sheet

0.91	CRH	CRH PLC ADR	Pair Corr
0.88	VMC	Vulcan Materials	Pair Corr
0.84	MLM	Martin Marietta Materials	Pair Corr
0.79	CRHCF	CRH Plc	Pair Corr
0.78	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.76	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.73	BAC	Bank of America Aggressive Push	Pair Corr
0.67	DIS	Walt Disney Sell-off Trend	Pair Corr
0.61	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.77	CSCO	Cisco Systems Sell-off Trend	Pair Corr
0.69	WMT	Walmart Aggressive Push	Pair Corr
0.67	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.74	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.63	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.85	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.67	JPM	JPMorgan Chase Sell-off Trend	Pair Corr

Moving against Lafargeholcim Pink Sheet

0.7	PPERF	Bank Mandiri Persero	Pair Corr
0.68	BKRKF	PT Bank Rakyat	Pair Corr
0.68	PPERY	Bank Mandiri Persero	Pair Corr
0.63	TLK	Telkom Indonesia Tbk	Pair Corr
0.62	BKRKY	Bank Rakyat	Pair Corr
0.38	PBCRY	Bank Central Asia	Pair Corr
0.33	JHX	James Hardie Industries	Pair Corr
0.78	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.63	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.62	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	AHCHY	BZZUY	WBRBY	CBUMY	AHCHF	MCEM	HDELY	CPAC	EXP	PPCLY
AHCHY		0.2	-0.38	0.93	0.94	0.28	0.34	0.51	0.65	-0.06	AHCHY
BZZUY	0.2		-0.4	0.38	0.13	0.79	0.93	0.47	0.62	0.05	BZZUY
WBRBY	-0.38	-0.4		-0.58	-0.38	-0.72	-0.54	-0.53	-0.54	-0.49	WBRBY
CBUMY	0.93	0.38	-0.58		0.87	0.5	0.54	0.58	0.68	0.12	CBUMY
AHCHF	0.94	0.13	-0.38	0.87		0.26	0.26	0.41	0.61	-0.11	AHCHF
MCEM	0.28	0.79	-0.72	0.5	0.26		0.89	0.5	0.72	0.3	MCEM
HDELY	0.34	0.93	-0.54	0.54	0.26	0.89		0.58	0.75	0.15	HDELY
CPAC	0.51	0.47	-0.53	0.58	0.41	0.5	0.58		0.5	0.26	CPAC
EXP	0.65	0.62	-0.54	0.68	0.61	0.72	0.75	0.5		0.02	EXP
PPCLY	-0.06	0.05	-0.49	0.12	-0.11	0.3	0.15	0.26	0.02		PPCLY
	AHCHY	BZZUY	WBRBY	CBUMY	AHCHF	MCEM	HDELY	CPAC	EXP	PPCLY

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

AHCHF	+ 0.94	AHCHY
CBUMY	+ 0.93	AHCHY
HDELY	+ 0.93	BZZUY
HDELY	+ 0.89	MCEM
AHCHF	+ 0.87	CBUMY
MCEM	+ 0.79	BZZUY

High negative correlations

MCEM	- 0.72	WBRBY
CBUMY	- 0.58	WBRBY
EXP	- 0.54	WBRBY
HDELY	- 0.54	WBRBY
CPAC	- 0.53	WBRBY
PPCLY	- 0.49	WBRBY

Risk-Adjusted Indicators

There is a big difference between Lafargeholcim Pink Sheet performing well and Lafargeholcim Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Lafargeholcim's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AHCHY	2.52	0.37	0.07	8.92	2.97	(2.89)	5.94	(4.19)	22.18
BZZUY	1.14	(0.03)	0.00	0.10	1.12	(2.00)	2.83	(2.44)	11.48
WBRBY	2.29	(0.21)	0.00	(1.53)	0.00	0.00	4.62	(5.27)	13.32
CBUMY	3.23	0.71	0.10	(42.03)	3.74	(5.11)	9.50	(7.19)	43.17
AHCHF	3.65	0.51	0.05	(0.83)	4.33	(5.07)	8.96	(8.22)	28.42
MCEM	1.35	0.20	0.08	0.47	1.51	(1.62)	4.68	(2.26)	14.48
HDELY	1.18	0.19	0.14	0.38	0.97	(1.43)	3.15	(1.94)	9.40
CPAC	1.20	0.12	(0.04)	(0.05)	2.13	(1.24)	2.85	(2.80)	14.21
EXP	1.30	0.13	0.12	0.21	1.28	(1.44)	2.94	(1.90)	7.85
PPCLY	1.74	(0.02)	0.00	0.11	0.00	0.00	3.03	(5.71)	43.58

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lafargeholcim without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Lafargeholcim Corporate Management

Jocelyn Gerst	Head Communications	Profile
Feliciano Munoz	Group HR	Profile
Oliver Osswald	Member of the Executive Committee, Regional Head Central and South America	Profile
Mathias Gaertner	Head Compliance	Profile
Martin Kriegner	Member of the Executive Committee, Region Head India and South East Asia	Profile
Jamie PE	Global Unit	Profile

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