LAMF Global Correlations
| LGVCUDelisted Stock | USD 10.36 0.00 0.00% |
The correlation of LAMF Global 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.
LAMF Global Correlation With Market
Average diversification
The correlation between LAMF Global Ventures and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LAMF Global Ventures and DJI in the same portfolio, assuming nothing else is changed.
LAMF |
Moving together with LAMF Stock
| 0.63 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against LAMF Stock
| 0.48 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.45 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.39 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.39 | KO | Coca Cola Fiscal Year End 11th of February 2025 | 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 LAMF Stock performing well and LAMF Global 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 LAMF Global'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LGSTU | 0.19 | 0.05 | 0.00 | 0.58 | 0.00 | 0.48 | 4.95 | |||
| CBRGU | 0.13 | (0.02) | 0.00 | (0.32) | 0.00 | 0.00 | 5.20 | |||
| LFACU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BCSAU | 0.47 | 0.04 | 0.01 | (0.39) | 0.76 | 1.26 | 10.15 | |||
| ZINGU | 0.24 | 0.03 | 0.00 | (0.62) | 0.00 | 0.58 | 8.24 |
LAMF Global Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with LAMF Global stock to make a market-neutral strategy. Peer analysis of LAMF Global could also be used in its relative valuation, which is a method of valuing LAMF Global by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in LAMF Global Ventures?
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