Lee Enterprises Correlations

Lee Enterprises Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lee Enterprises Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

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    GCI + 0.64 NYT GCI + 0.56 SCHL SCHL + 0.55 NYT GCI + 0.3 WLYB WLYB + 0.21 PSO WLY + 0.19 SCHL

High negative correlations    PSO - 0.75 SCHL GCI - 0.38 PSO WLY - 0.32 NYT PSO - 0.32 NYT GCI - 0.04 WLY

Risk-Adjusted Indicators

There is a big difference between Lee Stock performing well and Lee Enterprises 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 Lee Enterprises' 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.