Lanvin Group Correlations

LANV Stock

2.31 0.12 4.94%

The correlation of Lanvin Group 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Lanvin Group Correlation With Market

Good diversification

The correlation between Lanvin Group Holdings and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lanvin Group Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lanvin Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving against Lanvin Stock

0.4	GIL	Gildan Activewear	Pair Corr
0.37	HD	Home Depot	Pair Corr
0.6	EWCZ	European Wax Center	Pair Corr
0.43	DDS	Dillards	Pair Corr
0.38	DKS	Dicks Sporting Goods	Pair Corr
0.37	GLBE	Global E Online	Pair Corr
0.34	ETSY	Etsy Inc	Pair Corr
0.32	RH	RH Earnings Call This Week	Pair Corr

Related Correlations Analysis

	FOSL	SIG	TPR	CPRI	MOV	ELA	BRLT	MYTE	BGI	CTHR
FOSL		0.6	-0.36	0.34	0.54	0.69	0.63	-0.3	0.48	0.57	FOSL
SIG	0.6		-0.61	-0.04	0.45	0.63	0.8	-0.67	0.64	0.39	SIG
TPR	-0.36	-0.61		0.07	0.26	-0.04	-0.53	0.93	-0.36	0.06	TPR
CPRI	0.34	-0.04	0.07		0.31	0.5	0.36	0.17	0.55	0.63	CPRI
MOV	0.54	0.45	0.26	0.31		0.81	0.48	0.24	0.43	0.71	MOV
ELA	0.69	0.63	-0.04	0.5	0.81		0.79	-0.03	0.72	0.9	ELA
BRLT	0.63	0.8	-0.53	0.36	0.48	0.79		-0.49	0.81	0.68	BRLT
MYTE	-0.3	-0.67	0.93	0.17	0.24	-0.03	-0.49		-0.34	0.1	MYTE
BGI	0.48	0.64	-0.36	0.55	0.43	0.72	0.81	-0.34		0.72	BGI
CTHR	0.57	0.39	0.06	0.63	0.71	0.9	0.68	0.1	0.72		CTHR
	FOSL	SIG	TPR	CPRI	MOV	ELA	BRLT	MYTE	BGI	CTHR

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

MYTE	+ 0.93	TPR
CTHR	+ 0.9	ELA
ELA	+ 0.81	MOV
BGI	+ 0.81	BRLT
BRLT	+ 0.8	SIG
BRLT	+ 0.79	ELA

High negative correlations

MYTE	- 0.67	SIG
TPR	- 0.61	SIG
BRLT	- 0.53	TPR
MYTE	- 0.49	BRLT
BGI	- 0.36	TPR
TPR	- 0.36	FOSL

Risk-Adjusted Indicators

There is a big difference between Lanvin Stock performing well and Lanvin Group 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 Lanvin Group'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
FOSL	3.86	(0.43)	0.00	(0.95)	0.00	0.00	6.79	(8.39)	37.53
SIG	2.74	(0.40)	0.00	0.56	0.00	0.00	4.28	(4.23)	24.56
TPR	1.82	0.32	0.14	0.25	2.09	(1.95)	3.56	(3.60)	17.66
CPRI	2.40	(0.01)	0.00	(0.35)	0.00	0.00	5.24	(4.43)	20.30
MOV	1.37	(0.15)	0.00	9.26	0.00	0.00	2.77	(2.78)	7.03
ELA	1.67	(0.38)	0.00	(5.62)	0.00	0.00	2.95	(3.51)	11.33
BRLT	3.22	(0.39)	0.00	1.20	0.00	0.00	5.59	(7.10)	32.30
MYTE	3.13	0.19	0.06	0.15	3.22	(3.84)	5.35	(5.70)	30.56
BGI	3.43	(0.58)	0.00	(1.79)	0.00	0.00	9.33	(9.23)	26.51
CTHR	3.21	(0.42)	0.00	(0.38)	0.00	0.00	5.67	(7.53)	22.99

Lanvin Group Corporate Management

Eric Chan	Chief Officer	Profile
Silvia Azzali	Chief Wolford	Profile
Regis Rimbert	Chief Wolford	Profile
Andy Lew	Executive John	Profile
Siddhartha Shukla	Deputy Lanvin	Profile
Cheng Gong	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC