Lions Gate Correlations
| LGNB Stock | EUR 7.20 0.70 8.86% |
The current 90-days correlation between Lions Gate Entertainment and INVITATION HOMES DL is 0.16 (i.e., Average diversification). The correlation of Lions Gate 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.
Lions Gate Correlation With Market
Good diversification
The correlation between Lions Gate Entertainment and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lions Gate Entertainment and DJI in the same portfolio, assuming nothing else is changed.
Lions |
The ability to find closely correlated positions to Lions Gate could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lions Gate 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 Lions Gate - 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 Lions Gate Entertainment to buy it.
Moving together with Lions Stock
| 0.74 | EVD | CTS Eventim AG | PairCorr |
| 0.75 | FTN | Fuji Media Holdings | PairCorr |
| 0.78 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.74 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.7 | VOL3 | VOLVO -A- | PairCorr |
| 0.78 | SOBA | ATT Inc | PairCorr |
| 0.78 | BY6A | BYD Limited | PairCorr |
| 0.67 | 5TP | BLUE LABEL | PairCorr |
| 0.71 | HUKI | HUHTAMAKI | PairCorr |
| 0.75 | KONN | Komercn banka as | PairCorr |
| 0.79 | B4B3 | Metro AG | PairCorr |
| 0.75 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.73 | TLLB | Trelleborg AB | PairCorr |
| 0.66 | ROI | Rosenbauer International | PairCorr |
Moving against Lions Stock
| 0.57 | LIE | Sun Life Financial | PairCorr |
| 0.41 | ADC | AdCapital AG | PairCorr |
| 0.41 | T9V | TASTY PLC LS | PairCorr |
| 0.4 | KWE1 | Ring Energy | PairCorr |
| 0.64 | DBPD | Xtrackers ShortDAX | PairCorr |
Related Correlations Analysis
| 0.43 | 0.31 | -0.63 | 0.08 | -0.42 | 0.0 | PRE1 | ||
| 0.43 | 0.59 | -0.33 | 0.64 | 0.29 | 0.0 | TM9 | ||
| 0.31 | 0.59 | -0.17 | 0.49 | 0.63 | 0.0 | RS6 | ||
| -0.63 | -0.33 | -0.17 | -0.25 | 0.19 | 0.0 | 4IV | ||
| 0.08 | 0.64 | 0.49 | -0.25 | 0.39 | 0.0 | ACX | ||
| -0.42 | 0.29 | 0.63 | 0.19 | 0.39 | 0.0 | EDJ | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ODP | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Lions Stock performing well and Lions Gate 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 Lions Gate'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PRE1 | 1.69 | (0.46) | 0.00 | 1.79 | 0.00 | 3.50 | 14.80 | |||
| TM9 | 1.43 | 0.05 | 0.02 | (0.50) | 2.01 | 4.44 | 11.05 | |||
| RS6 | 0.99 | (0.09) | 0.00 | (1.51) | 0.00 | 2.05 | 7.03 | |||
| 4IV | 0.98 | 0.01 | 0.01 | 0.20 | 1.10 | 2.04 | 7.95 | |||
| ACX | 2.25 | 0.21 | 0.05 | 0.48 | 3.13 | 5.20 | 35.30 | |||
| EDJ | 2.12 | 0.17 | 0.05 | 0.61 | 3.06 | 3.38 | 28.43 | |||
| ODP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lions Gate 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?
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Lions Gate Corporate Management
Elected by the shareholders, the Lions Gate's board of directors comprises two types of representatives: Lions Gate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lions. The board's role is to monitor Lions Gate's management team and ensure that shareholders' interests are well served. Lions Gate'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, Lions Gate's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nilay Shah | Ex Relations | Profile | |
| James Barge | Chief Officer | Profile | |
| Miles Delaney | Sr Strategy | Profile | |
| Ross Pollack | Chief VP | Profile | |
| Brian Goldsmith | Chief Officer | Profile | |
| Corii Berg | General Counsel | Profile |