Lennar Correlations
| LEN Stock | USD 122.96 0.20 0.16% |
The current 90-days correlation between Lennar and Burlington Stores is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lennar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lennar moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Lennar Correlation With Market
Weak diversification
The correlation between Lennar and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lennar and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Lennar Stock
| 0.61 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.85 | PG | Procter Gamble | PairCorr |
| 0.75 | HD | Home Depot | PairCorr |
| 0.71 | T | ATT Inc | PairCorr |
| 0.75 | DIS | Walt Disney | PairCorr |
| 0.66 | BA | Boeing | PairCorr |
Moving against Lennar Stock
| 0.66 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.66 | INTC | Intel Aggressive Push | PairCorr |
| 0.65 | GE | GE Aerospace | PairCorr |
| 0.65 | JNJ | Johnson Johnson | PairCorr |
| 0.61 | CSCO | Cisco Systems | PairCorr |
| 0.61 | IBM | International Business | PairCorr |
| 0.57 | PTAIY | Astra International Tbk | PairCorr |
| 0.56 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.52 | AA | Alcoa Corp | PairCorr |
| 0.44 | MRK | Merck Company Aggressive Push | PairCorr |
| 0.4 | EC | Ecopetrol SA ADR | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -1.0 | WHWRF | ||
| 0.0 | -0.09 | 0.58 | -0.59 | -0.38 | 0.0 | EJH | ||
| 0.0 | -0.09 | 0.06 | -0.18 | 0.27 | 0.0 | BURL | ||
| 0.0 | 0.58 | 0.06 | -0.61 | -0.43 | 0.0 | COST | ||
| 0.0 | -0.59 | -0.18 | -0.61 | 0.3 | 0.0 | HTOCF | ||
| 0.0 | -0.38 | 0.27 | -0.43 | 0.3 | 0.0 | ACRG | ||
| -1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | QKLS | ||
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
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Risk-Adjusted Indicators
There is a big difference between Lennar Stock performing well and Lennar 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 Lennar'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WHWRF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EJH | 2.81 | (0.74) | 0.00 | (0.31) | 0.00 | 4.08 | 27.92 | |||
| BURL | 1.68 | 0.02 | 0.01 | 0.03 | 1.92 | 4.29 | 11.51 | |||
| COST | 0.81 | (0.10) | 0.00 | (0.52) | 0.00 | 1.21 | 6.15 | |||
| HTOCF | 0.09 | 0.04 | 0.00 | 2.87 | 0.00 | 0.00 | 1.52 | |||
| ACRG | 1.30 | 0.08 | 0.00 | 0.10 | 0.00 | 0.00 | 41.95 | |||
| QKLS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |