Lennar Correlations
| L1EN34 Stock | BRL 854.98 3.74 0.44% |
The current 90-days correlation between Lennar and DR Horton is 0.06 (i.e., Significant diversification). The correlation of Lennar 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.
Lennar Correlation With Market
Significant diversification
The correlation between Lennar and DJI is 0.05 (i.e., Significant 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.
Lennar |
The ability to find closely correlated positions to Lennar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lennar 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 Lennar - 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 Lennar to buy it.
Moving together with Lennar Stock
| 0.81 | D1HI34 | DR Horton | PairCorr |
| 0.75 | P1HM34 | P1HM34 | PairCorr |
| 0.63 | GFSA3 | Gafisa SA | PairCorr |
| 0.73 | RSID3 | Rossi Residencial | PairCorr |
| 0.7 | BRKM5 | Braskem SA | PairCorr |
| 0.64 | VIVR3 | Viver Incorporadora | PairCorr |
| 0.69 | CSNA3 | Companhia Siderrgica | PairCorr |
Moving against Lennar Stock
| 0.71 | TSLA34 | Tesla Inc | PairCorr |
| 0.64 | KLBN3 | Klabin SA | PairCorr |
| 0.64 | P2LT34 | Palantir Technologies | PairCorr |
| 0.53 | TSMC34 | Taiwan Semiconductor | PairCorr |
| 0.47 | FHER3 | Fertilizantes Heringer | PairCorr |
| 0.47 | CTKA3 | Karsten SA | PairCorr |
| 0.42 | F1RA34 | F1RA34 | PairCorr |
| 0.66 | AMZO34 | Amazon Inc | PairCorr |
| 0.64 | AAPL34 | Apple Inc | PairCorr |
| 0.62 | A1VY34 | A1VY34 | PairCorr |
| 0.61 | MSFT34 | Microsoft | PairCorr |
| 0.59 | VISA34 | Visa Inc | PairCorr |
| 0.58 | A1TM34 | A1TM34 | PairCorr |
| 0.55 | SSFO34 | salesforce inc | PairCorr |
| 0.54 | MRFG3 | Marfrig Global Foods | PairCorr |
| 0.53 | HONB34 | Honeywell International | PairCorr |
| 0.53 | WALM34 | Walmart | PairCorr |
| 0.5 | COWC34 | Costco Wholesale | PairCorr |
| 0.5 | S1MF34 | Sumitomo Mitsui Financial | PairCorr |
| 0.5 | CAON34 | Capital One Financial | PairCorr |
| 0.49 | JBSS3 | JBS SA | PairCorr |
| 0.44 | ACNB34 | Accenture plc | PairCorr |
| 0.43 | MSBR34 | Morgan Stanley | PairCorr |
| 0.42 | A1VB34 | AvalonBay Communities | PairCorr |
| 0.39 | AIRB34 | Airbnb Inc | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| D1HI34 | 1.31 | (0.29) | 0.00 | (1.70) | 0.00 | 2.29 | 14.41 | |||
| L1EN34 | 1.50 | (0.27) | 0.00 | (2.02) | 0.00 | 2.54 | 14.38 | |||
| P1HM34 | 0.47 | (0.13) | 0.00 | 2.53 | 0.00 | 0.12 | 9.22 | |||
| CYRE3 | 1.72 | (0.22) | 0.00 | 0.66 | 0.00 | 3.05 | 12.61 | |||
| MRVE3 | 2.31 | (0.42) | 0.00 | 1.50 | 0.00 | 4.56 | 20.92 | |||
| GFSA3 | 3.24 | (0.98) | 0.00 | 16.11 | 0.00 | 7.25 | 19.09 | |||
| RSID3 | 2.28 | (0.31) | 0.00 | 5.30 | 0.00 | 5.05 | 19.55 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lennar 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.Did you try this?
Run Efficient Frontier Now
Efficient FrontierPlot and analyze your portfolio and positions against risk-return landscape of the market. |
| All Next | Launch Module |
Lennar Corporate Management
Elected by the shareholders, the Lennar's board of directors comprises two types of representatives: Lennar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lennar. The board's role is to monitor Lennar's management team and ensure that shareholders' interests are well served. Lennar'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, Lennar's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mark Esq | Gen VP | Profile | |
| Anthony Mignone | Pres Markets | Profile | |
| Fred Rothman | Chief Officer | Profile | |
| Kay Howard | Chief Officer | Profile | |
| Tench Tilghman | Pres Markets | Profile |