Ladybug Resource Correlations
| LBRG Stock | USD 0.01 0.0007 11.11% |
The current 90-days correlation between Ladybug Resource and Altria Group is -0.14 (i.e., Good diversification). The correlation of Ladybug Resource 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.
Ladybug Resource Correlation With Market
Very good diversification
The correlation between Ladybug Resource Group and DJI is -0.37 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ladybug Resource Group and DJI in the same portfolio, assuming nothing else is changed.
Ladybug |
The ability to find closely correlated positions to Ladybug Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ladybug Resource 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 Ladybug Resource - 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 Ladybug Resource Group to buy it.
Moving together with Ladybug Pink Sheet
| 0.66 | VLKAF | Volkswagen AG | PairCorr |
| 0.71 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.66 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.7 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.73 | DPSTF | Deutsche Post AG | PairCorr |
Moving against Ladybug Pink Sheet
| 0.91 | IMBBY | Imperial Brands PLC | PairCorr |
| 0.9 | WMT | Walmart | PairCorr |
| 0.83 | IMBBF | Imperial Brands PLC | PairCorr |
| 0.78 | AMZN | Amazon Inc | PairCorr |
| 0.76 | BTI | British American Tobacco | PairCorr |
| 0.71 | BTAFF | British American Tobacco | PairCorr |
| 0.67 | MO | Altria Group | PairCorr |
| 0.41 | PM | Philip Morris Intern | PairCorr |
| 0.86 | KODK | Eastman Kodak | PairCorr |
| 0.8 | LULU | Lululemon Athletica | PairCorr |
| 0.79 | C | Citigroup Aggressive Push | PairCorr |
| 0.78 | VCEL | Vericel Corp Ord | PairCorr |
| 0.77 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.73 | MSTR | MicroStrategy Incorporated Aggressive Push | PairCorr |
| 0.7 | QBTS | D Wave Quantum Trending | PairCorr |
| 0.62 | MCY | Mercury General | PairCorr |
| 0.6 | RBCAA | Republic Bancorp | PairCorr |
| 0.57 | ODC | Oil Dri | PairCorr |
| 0.43 | B | Barnes Group | PairCorr |
| 0.41 | RR | Richtech Robotics Class Buyout Trend | PairCorr |
| 0.85 | UNCY | Unicycive Therapeutics | PairCorr |
| 0.84 | T | ATT Inc Aggressive Push | PairCorr |
| 0.83 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.79 | CBOBA | Community Bank | PairCorr |
| 0.67 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.67 | BLAGF | Blue Lagoon Resources | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Ladybug Pink Sheet performing well and Ladybug Resource 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 Ladybug Resource'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MO | 0.79 | 0.06 | 0.05 | 0.48 | 0.82 | 1.50 | 10.39 | |||
| BTI | 0.66 | (0.01) | 0.00 | (0.17) | 0.00 | 1.59 | 4.43 | |||
| UVV | 1.02 | 0.09 | 0.06 | 0.56 | 1.15 | 2.44 | 5.64 | |||
| IMBBY | 0.84 | 0.17 | 0.17 | 0.69 | 0.68 | 2.49 | 7.87 | |||
| VGR | 1.05 | 0.55 | 0.72 | (2.72) | 0.00 | 3.38 | 8.71 |
Be your own money manager
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
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Ladybug Resource Corporate Executives
Elected by the shareholders, the Ladybug Resource's board of directors comprises two types of representatives: Ladybug Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ladybug. The board's role is to monitor Ladybug Resource's management team and ensure that shareholders' interests are well served. Ladybug Resource'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, Ladybug Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.