Lepu Medical Correlations

300003 Stock

12.18 0.29 2.44%

The current 90-days correlation between Lepu Medical Tech and Industrial and Commercial is 0.18 (i.e., Average diversification). The correlation of Lepu Medical 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.

Lepu Medical Correlation With Market

Good diversification

The correlation between Lepu Medical Tech and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lepu Medical Tech and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Lepu Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lepu Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lepu Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lepu Medical Tech to buy it.

Moving together with Lepu Stock

0.95	601628	China Life Insurance	Pair Corr
0.96	601059	Cinda Securities	Pair Corr
0.75	688072	Piotech Inc A	Pair Corr
0.85	601198	Dongxing Sec	Pair Corr
0.68	688293	Shanghai OPM Biosciences	Pair Corr
0.91	688126	National Silicon Industry	Pair Corr
0.61	603993	China Molybdenum	Pair Corr
0.69	000504	Nanhua Bio Medicine	Pair Corr
0.63	000061	Shenzhen Agricultural	Pair Corr
0.81	688012	Advanced Micro Fabri	Pair Corr

Related Correlations Analysis

	601398	600519	601288	600941	601939	601857	601988	300750	601628	600036
601398		0.67	0.96	0.84	0.98	0.65	0.95	0.74	0.67	0.81	601398
600519	0.67		0.51	0.54	0.71	0.68	0.55	0.82	0.87	0.86	600519
601288	0.96	0.51		0.81	0.93	0.62	0.96	0.58	0.51	0.69	601288
600941	0.84	0.54	0.81		0.76	0.7	0.87	0.55	0.39	0.53	600941
601939	0.98	0.71	0.93	0.76		0.64	0.9	0.78	0.74	0.89	601939
601857	0.65	0.68	0.62	0.7	0.64		0.59	0.45	0.54	0.64	601857
601988	0.95	0.55	0.96	0.87	0.9	0.59		0.65	0.5	0.65	601988
300750	0.74	0.82	0.58	0.55	0.78	0.45	0.65		0.89	0.86	300750
601628	0.67	0.87	0.51	0.39	0.74	0.54	0.5	0.89		0.93	601628
600036	0.81	0.86	0.69	0.53	0.89	0.64	0.65	0.86	0.93		600036
	601398	600519	601288	600941	601939	601857	601988	300750	601628	600036

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Risk-Adjusted Indicators

There is a big difference between Lepu Stock performing well and Lepu Medical 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 Lepu Medical'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
601398	1.11	0.25	0.17	(22.29)	1.06	(1.44)	2.83	(2.29)	8.14
600519	1.68	0.22	0.10	0.80	1.75	(1.94)	6.55	(2.98)	16.71
601288	1.07	0.18	0.10	7.20	1.38	(1.13)	2.20	(2.19)	7.78
600941	1.07	0.20	0.16	(4.34)	0.97	(1.38)	3.09	(2.04)	8.38
601939	1.16	0.28	0.16	4.84	1.24	(1.35)	3.32	(2.12)	8.64
601857	1.29	0.14	0.06	(2.21)	1.86	(1.57)	3.55	(2.03)	17.17
601988	1.07	0.18	0.12	14.57	1.15	(1.33)	2.67	(2.33)	7.70
300750	2.78	0.66	0.18	(10.97)	3.07	(3.22)	7.94	(3.41)	33.42
601628	2.13	0.35	0.11	0.89	2.54	(2.29)	6.42	(3.94)	20.00
600036	1.55	0.38	0.18	(3.88)	1.71	(1.79)	4.65	(2.56)	13.83

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Our tools can tell you how much better you can do entering a position in Lepu Medical without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Lepu Medical Corporate Management

Elected by the shareholders, the Lepu Medical's board of directors comprises two types of representatives: Lepu Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lepu. The board's role is to monitor Lepu Medical's management team and ensure that shareholders' interests are well served. Lepu Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lepu Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.

Zhi Zhang	General Manager	Profile
Guorui Zheng	Deputy Manager	Profile
Zhong Pu	Chairman CTO	Profile
Xia Zhang	Senior Manager	Profile
Tong Guo	Sr Mang	Profile
Zhan Wei	Senior Manager	Profile

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