Lakeside Holding Correlations
LSH Stock | 0.85 0.01 1.16% |
The current 90-days correlation between Lakeside Holding and Axcelis Technologies is 0.08 (i.e., Significant diversification). The correlation of Lakeside Holding 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.
Lakeside Holding Correlation With Market
Significant diversification
The correlation between Lakeside Holding Limited and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lakeside Holding Limited and DJI in the same portfolio, assuming nothing else is changed.
Moving against Lakeside Stock
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0.69 | FWRD | Forward Air | PairCorr |
0.68 | JBHT | JB Hunt Transport | PairCorr |
0.66 | FDX | FedEx | PairCorr |
0.57 | UPS | United Parcel Service | PairCorr |
0.52 | EXPD | Expeditors International | PairCorr |
0.52 | HUBG | Hub Group | PairCorr |
0.5 | FLX | BingEx Downward Rally | PairCorr |
0.44 | RLGT | Radiant Logistics | PairCorr |
0.43 | LSTR | Landstar System | PairCorr |
0.37 | AIRTP | Air T Inc | PairCorr |
0.71 | R | Ryder System Earnings Call This Week | PairCorr |
0.63 | J | Jacobs Solutions | PairCorr |
0.61 | AZ | A2Z Smart Technologies | PairCorr |
0.61 | BE | Bloom Energy Corp | PairCorr |
0.6 | CHRW | CH Robinson Worldwide | PairCorr |
0.58 | BA | Boeing | PairCorr |
0.57 | BTOC | Armlogi Holding Corp | PairCorr |
0.55 | AL | Air Lease | PairCorr |
0.45 | BV | BrightView Holdings | PairCorr |
0.39 | PBI-PB | Pitney Bowes NT | PairCorr |
0.38 | AP | Ampco Pittsburgh | PairCorr |
0.63 | GD | General Dynamics Earnings Call This Week | PairCorr |
0.63 | IR | Ingersoll Rand | PairCorr |
Related Correlations Analysis
0.72 | 0.85 | 0.84 | 0.87 | 0.76 | 0.94 | ACLS | ||
0.72 | 0.64 | 0.67 | 0.56 | 0.26 | 0.76 | DFH | ||
0.85 | 0.64 | 0.91 | 0.81 | 0.66 | 0.88 | CPAC | ||
0.84 | 0.67 | 0.91 | 0.74 | 0.59 | 0.91 | FMCKO | ||
0.87 | 0.56 | 0.81 | 0.74 | 0.77 | 0.8 | SLG | ||
0.76 | 0.26 | 0.66 | 0.59 | 0.77 | 0.69 | ADUS | ||
0.94 | 0.76 | 0.88 | 0.91 | 0.8 | 0.69 | EME | ||
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Risk-Adjusted Indicators
There is a big difference between Lakeside Stock performing well and Lakeside Holding 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 Lakeside Holding'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ACLS | 2.32 | 0.71 | 0.20 | (2.57) | 2.20 | 6.44 | 13.36 | |||
DFH | 2.47 | 0.03 | 0.05 | 0.15 | 2.87 | 5.80 | 13.05 | |||
CPAC | 1.17 | 0.23 | 0.04 | (1.57) | 1.38 | 3.19 | 9.68 | |||
FMCKO | 1.34 | 0.41 | 0.13 | 2.87 | 1.00 | 4.27 | 15.56 | |||
SLG | 1.58 | 0.10 | 0.06 | 0.21 | 2.01 | 3.71 | 11.18 | |||
ADUS | 1.34 | (0.01) | (0.03) | 0.12 | 1.73 | 3.03 | 8.57 | |||
EME | 1.31 | 0.44 | 0.27 | 0.51 | 1.20 | 3.84 | 7.37 |