Lem Holding Correlations
| LEHN Stock | CHF 762.00 8.00 1.04% |
The current 90-days correlation between Lem Holding SA and Inficon Holding is 0.32 (i.e., Weak diversification). The correlation of Lem Holding 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.
Lem Holding Correlation With Market
Good diversification
The correlation between Lem Holding SA and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lem Holding SA and DJI in the same portfolio, assuming nothing else is changed.
Lem |
The ability to find closely correlated positions to Lem Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lem Holding 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 Lem Holding - 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 Lem Holding SA to buy it.
Moving together with Lem Stock
| 0.93 | LAND | LandisGyr Group AG | PairCorr |
| 0.95 | HUBN | Hubersuhner AG | PairCorr |
| 0.89 | GAV | Carlo Gavazzi Holding | PairCorr |
| 0.88 | SNBN | Schweizerische Nationalbank | PairCorr |
Moving against Lem Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Lem Stock performing well and Lem Holding 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 Lem Holding'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IFCN | 1.22 | (0.16) | 0.00 | 3.68 | 0.00 | 2.02 | 10.02 | |||
| BEAN | 0.77 | 0.03 | (0.03) | 5.68 | 0.88 | 1.39 | 5.19 | |||
| INRN | 1.12 | (0.37) | 0.00 | (0.84) | 0.00 | 1.69 | 9.87 | |||
| COTN | 1.59 | (0.25) | 0.00 | (0.56) | 0.00 | 3.28 | 10.23 | |||
| DAE | 1.01 | (0.33) | 0.00 | (0.79) | 0.00 | 2.28 | 7.21 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lem Holding 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.Did you try this?
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Lem Holding Corporate Management
Elected by the shareholders, the Lem Holding's board of directors comprises two types of representatives: Lem Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lem. The board's role is to monitor Lem Holding's management team and ensure that shareholders' interests are well served. Lem Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lem Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rodolphe Boschet | Interim Officer | Profile | |
| Verena Vescoli | Chief Officer | Profile | |
| Frank Rehfeld | Chief Officer | Profile | |
| Rainer Bos | VP Americas | Profile | |
| Andrea Borla | Interim CFO | Profile |