Laureate Education Correlations

LAUR Stock

USD 19.31 0.09 0.46%

The current 90-days correlation between Laureate Education and Universal Technical Institute is 0.54 (i.e., Very weak diversification). The correlation of Laureate Education 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.

Laureate Education Correlation With Market

Very weak diversification

The correlation between Laureate Education and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Laureate Education 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 Laureate Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Laureate Stock, please use our How to Invest in Laureate Education guide.

Moving together with Laureate Stock

0.67	YQ	17 Education Technology	Pair Corr
0.84	DAO	Youdao Inc	Pair Corr
0.91	GHC	Graham Holdings	Pair Corr
0.87	LRN	Stride Inc	Pair Corr
0.82	TAL	TAL Education Group Downward Rally	Pair Corr
0.8	UTI	Universal Technical	Pair Corr
0.78	LINC	Lincoln Educational Downward Rally	Pair Corr
0.91	LOPE	Grand Canyon Education	Pair Corr
0.71	LXEH	Lixiang Education Holding	Pair Corr
0.74	AFYA	Afya	Pair Corr
0.7	ATGE	Adtalem Global Education	Pair Corr

Moving against Laureate Stock

0.63	GNS	Genius Group	Pair Corr
0.56	EDU	New Oriental Education	Pair Corr
0.43	EEIQ	Elite Education Group	Pair Corr
0.71	MYND	Myndai,	Pair Corr
0.45	TCTM	Tarena International	Pair Corr
0.42	NAMI	Jinxin Technology Holding	Pair Corr
0.42	CHGG	Chegg Inc	Pair Corr
0.37	CLEU	China Liberal Education	Pair Corr
0.31	COUR	Coursera	Pair Corr

Related Correlations Analysis

	UTI	STRA	LOPE	APEI	ARCE	AFYA	ATGE	LRN	LINC
UTI		0.22	0.84	0.37	0.0	0.6	0.86	0.82	0.77	UTI
STRA	0.22		0.3	0.16	0.0	-0.19	0.34	0.12	0.3	STRA
LOPE	0.84	0.3		0.19	0.0	0.63	0.85	0.95	0.86	LOPE
APEI	0.37	0.16	0.19		0.0	0.34	0.2	0.1	0.1	APEI
ARCE	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	ARCE
AFYA	0.6	-0.19	0.63	0.34	0.0		0.5	0.67	0.42	AFYA
ATGE	0.86	0.34	0.85	0.2	0.0	0.5		0.84	0.66	ATGE
LRN	0.82	0.12	0.95	0.1	0.0	0.67	0.84		0.79	LRN
LINC	0.77	0.3	0.86	0.1	0.0	0.42	0.66	0.79		LINC
	UTI	STRA	LOPE	APEI	ARCE	AFYA	ATGE	LRN	LINC

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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

LRN	+ 0.95	LOPE
ATGE	+ 0.86	UTI
LINC	+ 0.86	LOPE
ATGE	+ 0.85	LOPE
LOPE	+ 0.84	UTI
LRN	+ 0.84	ATGE

High negative correlations

AFYA	- 0.19	STRA
LINC	- 0.0	ARCE
LRN	- 0.0	ARCE
ATGE	- 0.0	ARCE
AFYA	- 0.0	ARCE
ARCE	- 0.0	APEI

Risk-Adjusted Indicators

There is a big difference between Laureate Stock performing well and Laureate Education 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 Laureate Education'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
UTI	2.19	0.16	0.05	0.06	2.71	(2.41)	5.48	(4.71)	14.08
STRA	1.25	(0.20)	0.00	(0.37)	0.00	0.00	2.16	(2.89)	21.15
LOPE	1.00	0.07	0.05	0.02	1.62	(0.87)	1.77	(2.26)	7.34
APEI	2.40	0.16	0.04	0.03	2.73	(2.61)	4.40	(5.08)	27.37
ARCE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AFYA	1.66	0.30	0.13	0.19	1.93	(1.83)	3.35	(3.64)	11.60
ATGE	1.85	0.26	0.10	0.15	2.33	(1.83)	4.03	(3.35)	11.82
LRN	1.40	0.25	0.13	0.51	2.04	(1.44)	2.49	(2.16)	13.46
LINC	2.41	0.05	0.00	(0.04)	0.00	0.00	3.87	(5.55)	22.97

Laureate Education Corporate Management

Gerard Knauer	VP Controller	Profile
Luis Novelo	VP Officer	Profile
Richard III	Chief Officer	Profile
Adam Morse	Senior Treasurer	Profile
Christian Haeberle	Chief Peru	Profile

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