Ladenburg Thalmann Correlations
| LTSKDelisted Stock | USD 17.39 0.14 0.81% |
The current 90-days correlation between Ladenburg Thalmann and Ladenburg Thalmann Financial is 0.43 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ladenburg Thalmann moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ladenburg Thalmann Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Ladenburg Thalmann Correlation With Market
Modest diversification
The correlation between Ladenburg Thalmann Financial and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ladenburg Thalmann Financial and DJI in the same portfolio, assuming nothing else is changed.
Ladenburg |
The ability to find closely correlated positions to Ladenburg Thalmann could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ladenburg Thalmann 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 Ladenburg Thalmann - 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 Ladenburg Thalmann Financial to buy it.
Moving together with Ladenburg Pink Sheet
| 0.67 | YHNAU | YHN Acquisition I | PairCorr |
| 0.77 | DSAQ | Direct Selling Acqui | PairCorr |
| 0.71 | DTSQ | DT Cloud Star | PairCorr |
| 0.68 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.79 | EURK | Eureka Acquisition Corp | PairCorr |
| 0.74 | OCAXW | OCA Acquisition Corp | PairCorr |
Moving against Ladenburg Pink Sheet
| 0.77 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.74 | SCHW-PJ | Charles Schwab | PairCorr |
| 0.66 | ADC-PA | Agree Realty | PairCorr |
| 0.65 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.6 | AHT-PD | Ashford Hospitality Trust | PairCorr |
| 0.59 | AHT-PI | Ashford Hospitality Trust | PairCorr |
| 0.59 | VNO-PO | Vornado Realty Trust | PairCorr |
| 0.53 | AHT-PF | Ashford Hospitality Trust | PairCorr |
| 0.52 | AHT-PH | Ashford Hospitality Trust | PairCorr |
| 0.37 | PSEC-PA | Prospect Capital | PairCorr |
| 0.35 | VNO-PM | Vornado Realty Trust | PairCorr |
| 0.5 | ILLRW | Triller Group Symbol Change | PairCorr |
| 0.5 | BFS-PD | Saul Centers | PairCorr |
| 0.47 | BFS-PE | Saul Centers | PairCorr |
| 0.33 | ROCLU | Roth CH Acquisition | PairCorr |
Related Correlations Analysis
| 0.57 | 0.59 | -0.03 | 0.5 | LTSF | ||
| 0.57 | 0.59 | -0.07 | 0.39 | LTSL | ||
| 0.59 | 0.59 | -0.28 | 0.34 | LTSH | ||
| -0.03 | -0.07 | -0.28 | 0.43 | MHNC | ||
| 0.5 | 0.39 | 0.34 | 0.43 | RILYZ | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Ladenburg Pink Sheet performing well and Ladenburg Thalmann 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 Ladenburg Thalmann'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LTSF | 0.66 | (0.03) | (0.02) | (0.02) | 1.57 | 3.02 | 15.52 | |||
| LTSL | 1.44 | 0.01 | (0.02) | 0.27 | 1.95 | 4.68 | 14.86 | |||
| LTSH | 0.26 | 0.02 | 0.00 | 0.14 | 0.00 | 0.88 | 4.30 | |||
| MHNC | 1.05 | (0.15) | 0.00 | (0.39) | 0.00 | 2.43 | 8.01 | |||
| RILYZ | 2.84 | (0.07) | (0.01) | 0.02 | 4.32 | 4.25 | 37.57 |
Ladenburg Thalmann Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ladenburg Thalmann pink sheet to make a market-neutral strategy. Peer analysis of Ladenburg Thalmann could also be used in its relative valuation, which is a method of valuing Ladenburg Thalmann by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Ladenburg Thalmann Financial?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.