Exchange Listed Correlations

LPRE Etf

26.28 0.02 0.08%

The current 90-days correlation between Exchange Listed Funds and Vert Global Sustainable is 0.1 (i.e., Average diversification). The correlation of Exchange Listed 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.

Exchange Listed Correlation With Market

Significant diversification

The correlation between Exchange Listed Funds and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Exchange Listed Funds and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Exchange Etf

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Exchange Listed Funds. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with Exchange Etf

0.65

MCD

McDonalds

Pair Corr

Moving against Exchange Etf

0.32	VWO	Vanguard FTSE Emerging	Pair Corr
0.32	WGMI	Valkyrie Bitcoin Miners	Pair Corr
0.38	IBM	International Business	Pair Corr

Related Correlations Analysis

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.52	0.54	-0.74	0.7	-0.75	0.43	-0.13	-0.69	-0.67	META
MSFT	0.52		0.73	-0.15	-0.07	-0.17	0.63	0.18	-0.54	-0.27	MSFT
UBER	0.54	0.73		-0.46	0.26	-0.56	0.46	0.3	-0.79	-0.36	UBER
F	-0.74	-0.15	-0.46		-0.74	0.83	-0.13	0.24	0.66	0.72	F
T	0.7	-0.07	0.26	-0.74		-0.88	0.03	-0.11	-0.5	-0.48	T
A	-0.75	-0.17	-0.56	0.83	-0.88		-0.2	0.01	0.77	0.52	A
CRM	0.43	0.63	0.46	-0.13	0.03	-0.2		-0.12	-0.56	-0.36	CRM
JPM	-0.13	0.18	0.3	0.24	-0.11	0.01	-0.12		-0.11	0.28	JPM
MRK	-0.69	-0.54	-0.79	0.66	-0.5	0.77	-0.56	-0.11		0.53	MRK
XOM	-0.67	-0.27	-0.36	0.72	-0.48	0.52	-0.36	0.28	0.53		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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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

A	+ 0.83	F
MRK	+ 0.77	A
UBER	+ 0.73	MSFT
XOM	+ 0.72	F
T	+ 0.7	META
MRK	+ 0.66	F

High negative correlations

A	- 0.88	T
MRK	- 0.79	UBER
A	- 0.75	META
T	- 0.74	F
F	- 0.74	META
MRK	- 0.69	META

Exchange Listed Competition Risk-Adjusted Indicators

There is a big difference between Exchange Etf performing well and Exchange Listed ETF 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 Exchange Listed'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
META	1.31	(0.24)	0.00	(0.19)	0.00	0.00	2.18	(2.72)	13.52
MSFT	0.88	(0.10)	0.00	(0.06)	0.00	0.00	1.85	(2.19)	5.08
UBER	1.47	(0.14)	0.00	1.83	0.00	0.00	3.34	(3.30)	10.91
F	1.48	0.10	0.07	0.12	1.65	(1.71)	3.38	(2.35)	16.30
T	0.98	(0.22)	0.00	(0.46)	0.00	0.00	1.84	(2.32)	6.25
A	1.28	0.20	0.15	0.22	1.18	(1.41)	2.60	(2.21)	11.03
CRM	1.63	(0.18)	0.00	(0.11)	0.00	0.00	3.22	(3.61)	9.91
JPM	0.93	(0.02)	(0.01)	0.03	1.31	(0.90)	1.69	(1.91)	5.76
MRK	1.38	0.26	0.18	0.40	1.12	(1.80)	4.84	(2.60)	11.45
XOM	0.94	0.02	(0.02)	0.21	1.21	(0.87)	1.77	(1.93)	4.63

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