Landsea Homes Correlations
| LSEAW Stock | USD 0.06 0.01 8.39% |
The current 90-days correlation between Landsea Homes and Landsea Homes Corp is 0.29 (i.e., Modest diversification). The correlation of Landsea Homes 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.
Landsea Homes Correlation With Market
Average diversification
The correlation between Landsea Homes and DJI is 0.16 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Landsea Homes and DJI in the same portfolio, assuming nothing else is changed.
Landsea |
Moving together with Landsea Stock
| 0.91 | BC | Brunswick | PairCorr |
| 0.81 | BLD | Topbuild Corp | PairCorr |
| 0.88 | CCS | Century Communities | PairCorr |
| 0.86 | DFH | Dream Finders Homes | PairCorr |
| 0.86 | DHI | DR Horton | PairCorr |
| 0.7 | HWH | HWH International | PairCorr |
| 0.82 | MHO | MI Homes | PairCorr |
| 0.81 | MPX | Marine Products | PairCorr |
| 0.83 | TPH | TRI Pointe Homes | PairCorr |
| 0.94 | UHG | United Homes Group | PairCorr |
| 0.88 | VRA | Vera Bradley | PairCorr |
| 0.83 | LGIH | LGI Homes | PairCorr |
Moving against Landsea Stock
| 0.55 | RL | Ralph Lauren Corp | PairCorr |
| 0.65 | VFC | VF Corporation | PairCorr |
| 0.58 | TPR | Tapestry | PairCorr |
| 0.58 | GOOS | Canada Goose Holdings | PairCorr |
| 0.48 | AREBW | American Rebel Holdings | PairCorr |
| 0.44 | MSN | Emerson Radio | PairCorr |
| 0.59 | LANV | Lanvin Group Holdings | PairCorr |
| 0.59 | SONY | Sony Group Corp | PairCorr |
| 0.56 | PLBY | Plby Group | PairCorr |
| 0.51 | MYTE | MYT Netherlands Parent | PairCorr |
| 0.45 | JRSH | Jerash Holdings | PairCorr |
| 0.4 | LEVI | Levi Strauss | 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 Landsea Stock performing well and Landsea Homes 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 Landsea Homes' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LSEA | 2.49 | (0.52) | 0.00 | (0.29) | 0.00 | 5.57 | 27.89 | |||
| KERNW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BFIIW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| THWWW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UKOMW | 5.18 | 0.30 | 0.03 | 0.20 | 6.71 | 24.69 | 60.89 |
Landsea Homes Corporate Management
| Christopher Porter | Chief Officer | Profile | |
| Kelly Rentzel | General Counsel | Profile | |
| Dilliana CPA | Chief Accounting | Profile | |
| Franco Tenerelli | Chief VP | Profile | |
| Trenton Schreiner | VP Officer | Profile |