Liaoning Port Correlations

Stocks . Germany . 
Stock . Liaoning Port CoLtd
D7P Stock  EUR 0.07  0.0005  0.68%   
The current 90-days correlation between Liaoning Port CoLtd and CHIBA BANK is -0.03 (i.e., Good diversification). The correlation of Liaoning Port 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.

Liaoning Port Correlation With Market

Average diversification

The correlation between Liaoning Port CoLtd and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liaoning Port CoLtd and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Liaoning Port could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liaoning Port 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 Liaoning Port - 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 Liaoning Port CoLtd to buy it.

Moving together with Liaoning Stock

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Moving against Liaoning Stock

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  0.39MILA Mitsui OSK LinesPairCorr
  0.81AG9 ACTIA GROUP SAPairCorr
  0.675TP BLUE LABELPairCorr
  0.67BSN Danone SAPairCorr
  0.66T62 TOHO ZINC LTDPairCorr
  0.62BY6A BYD Limited Earnings Call TomorrowPairCorr
  0.61JYS1 JYSKE BANKPairCorr
  0.61KONN Komercn banka asPairCorr
  0.61ROI Rosenbauer InternationalPairCorr
  0.61B4B3 Metro AGPairCorr
  0.593RE Rejlerkoncernen ABPairCorr
  0.53SOBA ATT IncPairCorr
  0.53GIS General MillsPairCorr
  0.52TLLB Trelleborg ABPairCorr
  0.51DBPE Xtrackers LevDAXPairCorr
  0.48KGHA KGHM Polska Miedz Earnings Call This WeekPairCorr

Related Correlations Analysis

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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   
UN9
+ 0.89
CBR
I8M
+ 0.84
CBR
UN9
+ 0.82
I8M
UN9
+ 0.4
8QC
8QC
+ 0.35
CBR
I8M
+ 0.23
8QC
  
High negative correlations   
UN9
- 0.74
0QN
0QN
- 0.6
CBR
0QN
- 0.42
8QC
I8M
- 0.36
0QN
GEH
- 0.0
UN9
GEH
- 0.0
I8M

Risk-Adjusted Indicators

There is a big difference between Liaoning Stock performing well and Liaoning Port 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 Liaoning Port'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Liaoning Port 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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Liaoning Port Corporate Management

Elected by the shareholders, the Liaoning Port's board of directors comprises two types of representatives: Liaoning Port inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Liaoning. The board's role is to monitor Liaoning Port's management team and ensure that shareholders' interests are well served. Liaoning Port'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, Liaoning Port's outside directors are responsible for providing unbiased perspectives on the board's policies.
Minghui WeiGM DirectorProfile
Kin LeeJoint SecProfile
Huiying WangJoint SecProfile
Zhixian WangEx ChairmanProfile
Zhang TieChief OfficerProfile
Ping WangDeputy CFOProfile
Jinsong WangHead DepartmentProfile
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