Lineage, Common Correlations
| LINE Stock | 59.27 0.87 1.49% |
The current 90-days correlation between Lineage, Common Stock and Delta Air Lines is 0.22 (i.e., Modest diversification). The correlation of Lineage, Common 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.
Lineage, Common Correlation With Market
Modest diversification
The correlation between Lineage, Common Stock and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lineage, Common Stock and DJI in the same portfolio, assuming nothing else is changed.
Lineage, |
Moving together with Lineage, Stock
Moving against Lineage, Stock
Related Correlations Analysis
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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 Lineage, Stock performing well and Lineage, Common 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 Lineage, Common'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DAL | 2.04 | (0.30) | 0.00 | (0.31) | 0.00 | 3.88 | 16.26 | |||
| SNCY | 2.13 | (0.13) | 0.00 | (0.19) | 0.00 | 4.85 | 15.02 | |||
| ALK | 2.05 | (0.13) | 0.00 | (0.16) | 0.00 | 3.40 | 12.94 | |||
| CRESY | 2.15 | (0.26) | 0.00 | (0.74) | 0.00 | 4.24 | 11.90 | |||
| ICAGY | 1.72 | 0.05 | 0.00 | (0.01) | 0.00 | 3.17 | 11.01 | |||
| AZUL | 4.02 | (0.05) | 0.00 | (0.11) | 0.00 | 8.80 | 19.92 | |||
| EGP | 1.07 | 0.07 | 0.07 | 0.04 | 1.31 | 1.87 | 7.67 | |||
| IPXXU | 2.89 | 0.01 | 0.02 | (0.09) | 3.72 | 10.78 | 33.55 |
Lineage, Common Corporate Management
| Jeffrey Rivera | Global Officer | Profile | |
| Sudarsan Thattai | Chief Officer | Profile | |
| Robert Crisci | Chief Officer | Profile | |
| Evan Barbosa | Vice Relations | Profile |