Yanlord Land Correlations

YLDGY Stock  USD 10.62  0.00  0.00%   
The current 90-days correlation between Yanlord Land Group and Playa Hotels Resorts is 0.12 (i.e., Average diversification). The correlation of Yanlord Land 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.

Yanlord Land Correlation With Market

Good diversification

The correlation between Yanlord Land Group and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Yanlord Land Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Yanlord Land could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yanlord Land 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 Yanlord Land - 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 Yanlord Land Group to buy it.

Moving together with Yanlord Pink Sheet

  0.78CRBJY China Resources LandPairCorr
  0.72CRBJF China Resources LandPairCorr
  0.81CHVKF China VankePairCorr
  0.62CHVKY China VankePairCorr
  0.66CAOVY China Overseas LandPairCorr
  0.71CAOVF China Overseas LandPairCorr
  0.79JXN-PA Jackson FinancialPairCorr
  0.7MET MetLifePairCorr
  0.7AXP American Express Fiscal Year End 24th of January 2025 PairCorr
  0.78XOM Exxon Mobil Corp Fiscal Year End 7th of February 2025 PairCorr
  0.65T ATT Inc Aggressive PushPairCorr

Moving against Yanlord Pink Sheet

  0.86CRGP Calissio ResourcesPairCorr
  0.51CHKGF CK Asset HoldingsPairCorr
  0.82MRK Merck Company Fiscal Year End 6th of February 2025 PairCorr
  0.72KO Coca Cola Fiscal Year End 11th of February 2025 PairCorr
  0.64JNJ Johnson Johnson Fiscal Year End 28th of January 2025 PairCorr
  0.55BA Boeing Fiscal Year End 29th of January 2025 PairCorr
  0.5PFE Pfizer Inc Potential GrowthPairCorr
  0.39PG Procter Gamble Sell-off TrendPairCorr

Related Correlations Analysis

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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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RICKSHAK
RZSMFPLYA
RZSMFSHAK
  
High negative correlations   
SHAKSTZ
STZCNLFF
STZPLYA
RZSMFSTZ
RICKSTZ
RZSMFTBEV

Risk-Adjusted Indicators

There is a big difference between Yanlord Pink Sheet performing well and Yanlord Land 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 Yanlord Land'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Yanlord Land 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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Yanlord Land Corporate Management

Ching LamGeneral Manager - Zhuhai OperationsProfile
Ka SzeHead RelationsProfile
Chi ChanGroup Financial ControllerProfile
Ean SauCompany SecretaryProfile