Lionsgate Studios Correlations
| LION Stock | USD 7.52 0.46 5.76% |
The current 90-days correlation between Lionsgate Studios Corp and LG Display Co is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lionsgate Studios moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lionsgate Studios Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Lionsgate Studios Correlation With Market
Average diversification
The correlation between Lionsgate Studios Corp and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lionsgate Studios Corp and DJI in the same portfolio, assuming nothing else is changed.
Lionsgate |
Moving together with Lionsgate Stock
| 0.74 | V | Visa Class A | PairCorr |
| 0.62 | PT | Pintec Technology | PairCorr |
| 0.66 | BBDC | Barings BDC | PairCorr |
| 0.67 | AC | Associated Capital | PairCorr |
Moving against Lionsgate Stock
| 0.65 | WD | Walker Dunlop | PairCorr |
| 0.45 | ORGN | Origin Materials | PairCorr |
| 0.4 | SYF | Synchrony Financial | PairCorr |
| 0.64 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.55 | BITF | Bitfarms Buyout Trend | PairCorr |
| 0.39 | CODI | Compass Diversified | PairCorr |
| 0.39 | DHIL | Diamond Hill Investment | PairCorr |
| 0.37 | AX | Axos Financial | PairCorr |
| 0.34 | SOFI | SoFi Technologies Aggressive Push | PairCorr |
| 0.62 | KB | KB Financial Group | PairCorr |
| 0.56 | EG | Everest Group | PairCorr |
| 0.52 | LC | LendingClub Corp | PairCorr |
| 0.47 | BX | Blackstone Group | PairCorr |
| 0.36 | CM | Canadian Imperial Bank | PairCorr |
| 0.33 | CG | Carlyle Group Normal Trading | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | DWWEF | ||
| 0.0 | 0.49 | -0.22 | 0.36 | -0.55 | -0.61 | CRBBF | ||
| 0.0 | 0.49 | 0.22 | 0.21 | -0.31 | -0.39 | LPL | ||
| 0.0 | -0.22 | 0.22 | -0.4 | -0.22 | -0.15 | COCO | ||
| 0.0 | 0.36 | 0.21 | -0.4 | 0.1 | 0.16 | OLED | ||
| 0.0 | -0.55 | -0.31 | -0.22 | 0.1 | 0.78 | JDDSF | ||
| 0.0 | -0.61 | -0.39 | -0.15 | 0.16 | 0.78 | FIZZ | ||
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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 Lionsgate Stock performing well and Lionsgate Studios 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 Lionsgate Studios' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DWWEF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CRBBF | 0.49 | 0.09 | 0.06 | 0.36 | 0.62 | 1.77 | 5.42 | |||
| LPL | 1.60 | 0.05 | 0.03 | 0.04 | 2.15 | 2.75 | 10.87 | |||
| COCO | 1.65 | 0.03 | 0.01 | 0.00 | 2.85 | 4.21 | 19.52 | |||
| OLED | 1.77 | 0.00 | 0.00 | (0.03) | 0.00 | 3.53 | 13.32 | |||
| JDDSF | 0.86 | (0.48) | 0.00 | 0.60 | 0.00 | 0.00 | 19.86 | |||
| FIZZ | 1.10 | (0.28) | 0.00 | 1.07 | 0.00 | 2.10 | 7.80 |