Lion Group Correlations
| LGHL Stock | USD 0.1 0.0004 0.40% |
The current 90-days correlation between Lion Group Holding and Magic Empire Global is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lion Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lion Group Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Lion Group Correlation With Market
Very good diversification
The correlation between Lion Group Holding and DJI is -0.22 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lion Group Holding and DJI in the same portfolio, assuming nothing else is changed.
Lion |
Moving together with Lion Stock
| 0.63 | ECPG | Encore Capital Group | PairCorr |
| 0.64 | SYF | Synchrony Financial | PairCorr |
| 0.78 | ORGN | Origin Materials | PairCorr |
| 0.67 | PYPL | PayPal Holdings | PairCorr |
| 0.64 | BITF | Bitfarms | PairCorr |
| 0.68 | CODI | Compass Diversified | PairCorr |
| 0.7 | CM | Canadian Imperial Bank | PairCorr |
Moving against Lion Stock
| 0.58 | RENEW | Cartesian Growth | PairCorr |
| 0.48 | V | Visa Class A | PairCorr |
| 0.47 | GDST | Goldenstone Acquisition | PairCorr |
| 0.44 | WSBF | Waterstone Financial | PairCorr |
| 0.48 | COOP | Mr Cooper Group | PairCorr |
| 0.48 | L | Loews Corp | PairCorr |
| 0.46 | BK | Bank of New York | PairCorr |
| 0.37 | AB | AllianceBernstein | PairCorr |
| 0.31 | SNFCA | Security National Earnings Call This Week | PairCorr |
| 0.31 | BBDC | Barings BDC | PairCorr |
| 0.83 | DB | Deutsche Bank AG | PairCorr |
| 0.8 | LX | Lexinfintech Holdings | PairCorr |
| 0.69 | LU | Lufax Holding | PairCorr |
| 0.66 | GL | Globe Life | PairCorr |
| 0.65 | CB | Chubb | PairCorr |
| 0.65 | HG | Hamilton Insurance Group, | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Lion Stock performing well and Lion 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 Lion 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TCJH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MEGL | 4.76 | (0.16) | 0.00 | 0.66 | 0.00 | 8.70 | 78.68 | |||
| NCPL | 3.48 | (0.04) | 0.00 | (0.09) | 0.00 | 7.54 | 21.54 | |||
| AGBA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MFH | 4.83 | 0.18 | 0.02 | 0.06 | 6.03 | 12.62 | 33.70 | |||
| GHL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| APLD | 5.89 | 0.09 | 0.00 | (0.02) | 0.00 | 11.46 | 44.47 | |||
| TOP | 2.44 | (0.19) | 0.00 | (0.40) | 0.00 | 5.41 | 12.57 | |||
| SAI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |