Lianhua Supermarket Correlations
| LSJ Stock | EUR 0.03 0 3.17% |
The current 90-days correlation between Lianhua Supermarket and Origin Agritech is 0.29 (i.e., Modest diversification). The correlation of Lianhua Supermarket 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.
Lianhua Supermarket Correlation With Market
Significant diversification
The correlation between Lianhua Supermarket Holdings and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lianhua Supermarket Holdings and DJI in the same portfolio, assuming nothing else is changed.
Lianhua |
The ability to find closely correlated positions to Lianhua Supermarket could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lianhua Supermarket when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lianhua Supermarket - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lianhua Supermarket Holdings to buy it.
Moving against Lianhua Stock
| 0.51 | FDO | Macys Inc | PairCorr |
| 0.51 | S1VA | PEPKOR LTD | PairCorr |
| 0.47 | 3RKU | RYOHIN UNSPADR1 Earnings Call This Week | PairCorr |
| 0.43 | DL7A | Dillards | PairCorr |
| 0.41 | MA6 | Marks and Spencer | PairCorr |
| 0.32 | SRI | Sun Art Retail | PairCorr |
| 0.49 | E908 | Lyxor 1 | PairCorr |
| 0.48 | DBK | Deutsche Bank Aktien | PairCorr |
| 0.48 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.46 | DTE | Deutsche Telekom | PairCorr |
| 0.45 | DBK | Deutsche Bank Aktien | PairCorr |
| 0.38 | DV3R | DELCATH SYS NEW | PairCorr |
| 0.33 | SUI | Sekisui Chemical | PairCorr |
| 0.31 | H4W | Jardine Matheson Holdings | PairCorr |
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 Lianhua Stock performing well and Lianhua Supermarket 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 Lianhua Supermarket'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DL7A | 1.87 | 0.44 | 0.23 | (1.38) | 1.39 | 5.55 | 13.96 | |||
| 3RKU | 1.60 | 0.40 | 0.23 | (18.72) | 1.28 | 3.92 | 9.54 | |||
| 8SP | 2.12 | (0.14) | 0.00 | 0.51 | 0.00 | 3.17 | 20.22 | |||
| 6NM | 1.21 | (0.06) | 0.00 | 0.25 | 0.00 | 2.89 | 9.64 | |||
| 39O1 | 3.20 | (0.36) | 0.00 | (0.73) | 0.00 | 8.09 | 20.83 | |||
| 2DG | 5.84 | (0.16) | 0.00 | 2.44 | 0.00 | 13.64 | 52.42 | |||
| TLX | 1.06 | 0.12 | 0.08 | (1.07) | 1.14 | 2.67 | 7.58 | |||
| TM9 | 2.82 | (0.01) | 0.00 | (0.03) | 4.45 | 7.26 | 30.27 | |||
| INVN | 2.18 | 0.23 | 0.08 | (0.25) | 2.47 | 5.45 | 14.01 | |||
| NOH1 | 1.66 | (0.07) | 0.00 | (0.20) | 0.00 | 3.86 | 13.52 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lianhua Supermarket without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Lianhua Supermarket Corporate Management
Elected by the shareholders, the Lianhua Supermarket's board of directors comprises two types of representatives: Lianhua Supermarket inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lianhua. The board's role is to monitor Lianhua Supermarket's management team and ensure that shareholders' interests are well served. Lianhua Supermarket's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lianhua Supermarket's outside directors are responsible for providing unbiased perspectives on the board's policies.
| XiaoYi Xu | Joint CFO | Profile | |
| BaoLong Liang | Deputy Mang | Profile | |
| XiaoBing Chong | GM Director | Profile | |
| Dong Gang | Deputy Mang | Profile | |
| HuiQin Zhang | Deputy Mang | Profile | |
| Shui ACS | Joint Sec | Profile | |
| Chung Mok | Legal Adviser | Profile |