London Stock Related Correlations

LDNXF Stock

USD 110.21 1.79 1.60%

Generate correlation matrix for London Stock and other related equities to check the degree to which London Stock Exchange price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for London Stock Exchange. To filter out specific equities, please toggle its corresponding legend item. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in London Stock Exchange. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

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Please note, there is a significant difference between London Stock's value and its price as these two are different measures arrived at by different means. Investors typically determine if London Stock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, London Stock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	TMXXF	OTCM	MORN	CME	MCO
TMXXF		-0.62	0.69	0.41	-0.13	TMXXF
OTCM	-0.62		-0.7	-0.36	0.06	OTCM
MORN	0.69	-0.7		0.66	0.05	MORN
CME	0.41	-0.36	0.66		-0.31	CME
MCO	-0.13	0.06	0.05	-0.31		MCO
	TMXXF	OTCM	MORN	CME	MCO

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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

MORN	+ 0.69	TMXXF
CME	+ 0.66	MORN
CME	+ 0.41	TMXXF
MCO	+ 0.06	OTCM
MCO	+ 0.05	MORN

High negative correlations

MORN	- 0.7	OTCM
OTCM	- 0.62	TMXXF
CME	- 0.36	OTCM
MCO	- 0.31	CME
MCO	- 0.13	TMXXF

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
TMXXF	0.78	0.12	0.05	0.43	0.75	(1.18)	2.27	(1.82)	7.43
OTCM	1.02	(0.21)	0.00	13.29	0.00	0.00	2.19	(2.51)	6.74
MORN	1.01	0.03	0.03	0.11	0.90	(1.23)	1.76	(1.60)	9.92
CME	0.82	0.09	0.02	0.44	0.93	(0.82)	1.62	(1.54)	6.03
MCO	0.95	(0.15)	0.00	(0.01)	0.00	0.00	1.80	(1.69)	10.62

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London Stock Related Correlations

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Correlations

Correlation Matchups

Risk-Adjusted Indicators

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