London Stock Correlations
| LNSTY Stock | USD 36.35 0.77 2.07% |
The current 90-days correlation between London Stock Exchange and Moodys is 0.07 (i.e., Significant diversification). The correlation of London Stock 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.
London Stock Correlation With Market
Average diversification
The correlation between London Stock Exchange and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding London Stock Exchange and DJI in the same portfolio, assuming nothing else is changed.
London |
The ability to find closely correlated positions to London Stock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace London Stock 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 London Stock - 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 London Stock Exchange to buy it.
Moving together with London Pink Sheet
| 0.73 | CME | CME Group | PairCorr |
| 0.91 | LDNXF | London Stock Exchange | PairCorr |
| 0.72 | NDAQ | Nasdaq Inc | PairCorr |
| 0.62 | SLF | Sun Life Financial | PairCorr |
| 0.62 | PYPL | PayPal Holdings | PairCorr |
| 0.79 | BBAI | BigBearai Holdings Upward Rally | PairCorr |
| 0.74 | IONQ | IONQ Inc Trending | PairCorr |
| 0.8 | SOUN | SoundHound AI Trending | PairCorr |
| 0.62 | LUNR | Intuitive Machines | PairCorr |
| 0.68 | FUND | Sprott Focus Trust | PairCorr |
| 0.61 | APLD | Applied Blockchain Tech Boost | PairCorr |
| 0.63 | GOOG | Alphabet Class C | PairCorr |
Moving against London Pink Sheet
| 0.79 | MCAE | Mountain Crest Acqui | PairCorr |
| 0.64 | MCAEU | Mountain Crest Acqui | PairCorr |
| 0.45 | NIHK | Video River Networks | PairCorr |
| 0.44 | ICE | Intercontinental Exchange | PairCorr |
| 0.33 | ROCL | Roth CH Acquisition | PairCorr |
| 0.58 | GLUC | Glucose Health | PairCorr |
| 0.36 | IQ | iQIYI Inc | PairCorr |
Related Correlations Analysis
| 0.44 | -0.12 | 0.54 | 0.52 | MCO | ||
| 0.44 | -0.13 | 0.8 | 0.54 | MSCI | ||
| -0.12 | -0.13 | -0.24 | -0.51 | ICE | ||
| 0.54 | 0.8 | -0.24 | 0.77 | CME | ||
| 0.52 | 0.54 | -0.51 | 0.77 | NDAQ | ||
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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
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Risk-Adjusted Indicators
There is a big difference between London Pink Sheet performing well and London Stock 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 London Stock'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCO | 0.85 | 0.02 | (0.02) | 0.10 | 1.12 | 1.65 | 6.89 | |||
| MSCI | 0.98 | 0.11 | 0.05 | 0.64 | 1.13 | 1.97 | 5.72 | |||
| ICE | 0.77 | (0.10) | 0.00 | (0.32) | 0.00 | 1.50 | 8.00 | |||
| CME | 0.78 | 0.12 | 0.06 | (10.52) | 0.90 | 1.63 | 4.89 | |||
| NDAQ | 0.79 | 0.09 | 0.07 | 0.19 | 0.87 | 1.80 | 4.17 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in London Stock 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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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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London Stock Corporate Management
| Anthony McCarthy | Chief Officer | Profile | |
| David Shalders | COO Integration | Profile | |
| Peregrine Riviere | Group Relations | Profile | |
| David Schwimmer | Group Analytics | Profile | |
| Tim Jones | Chief Officer | Profile | |
| Brigitte Trafford | Chief Officer | Profile | |
| Claire Dorrian | UK Region | Profile |