Logility Supply Correlations
| LGTY Stock | 11.08 0.16 1.42% |
The current 90-days correlation between Logility Supply Chain and Universal Stainless Alloy is 0.11 (i.e., Average diversification). The correlation of Logility Supply 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.
Logility Supply Correlation With Market
Good diversification
The correlation between Logility Supply Chain and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Logility Supply Chain and DJI in the same portfolio, assuming nothing else is changed.
Logility |
Moving against Logility Stock
| 0.37 | VERB | VERB TECHNOLOGY PANY Upward Rally | PairCorr |
| 0.35 | QH | Quhuo | PairCorr |
| 0.57 | EVOL | Evolving Systems | PairCorr |
| 0.36 | VTEX | VTEX | PairCorr |
| 0.35 | SBIGW | SpringBig Holdings | PairCorr |
Related Correlations Analysis
| 0.22 | -0.14 | -0.23 | 0.35 | 0.02 | 0.0 | BDC | ||
| 0.22 | -0.65 | -0.25 | 0.8 | -0.75 | 0.0 | USAP | ||
| -0.14 | -0.65 | 0.15 | -0.71 | 0.47 | 0.0 | SIM | ||
| -0.23 | -0.25 | 0.15 | -0.05 | 0.26 | 0.0 | HUHU | ||
| 0.35 | 0.8 | -0.71 | -0.05 | -0.52 | 0.0 | GLW | ||
| 0.02 | -0.75 | 0.47 | 0.26 | -0.52 | 0.0 | NPSCY | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | SEVT | ||
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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 Logility Stock performing well and Logility Supply 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 Logility Supply'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BDC | 1.36 | (0.04) | 0.00 | (0.10) | 0.00 | 2.39 | 15.17 | |||
| USAP | 0.79 | 0.16 | 0.12 | 12.93 | 1.00 | 3.50 | 7.88 | |||
| SIM | 1.81 | (0.08) | 0.00 | (0.23) | 0.00 | 5.02 | 16.16 | |||
| HUHU | 3.30 | 0.38 | 0.10 | (1.48) | 3.20 | 10.17 | 19.31 | |||
| GLW | 1.06 | 0.10 | 0.07 | (0.63) | 1.25 | 2.02 | 7.57 | |||
| NPSCY | 1.34 | (0.10) | 0.00 | (0.75) | 0.00 | 2.38 | 14.29 | |||
| SEVT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Logility Supply Corporate Management
| Shawn Reynolds | Executive Marketing | Profile | |
| Bill Harrison | Executive Operations | Profile | |
| Mark Grant | General Counsel | Profile | |
| Tricia Brenn | Executive Talent | Profile | |
| Keith Charron | Chief Officer | Profile | |
| Alex Price | Senior Sales | Profile |