Learning Technologies Correlations

LTG Stock

98.10 0.10 0.10%

The current 90-days correlation between Learning Technologies and Axway Software SA is -0.17 (i.e., Good diversification). The correlation of Learning Technologies 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.

Learning Technologies Correlation With Market

Very good diversification

The correlation between Learning Technologies Group and DJI is -0.21 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Learning Technologies Group and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Learning Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Learning Technologies 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 Learning Technologies - 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 Learning Technologies Group to buy it.

Moving against Learning Stock

0.77	ARB	Argo Blockchain PLC	Pair Corr
0.6	0KZA	SM Energy	Pair Corr
0.35	IIG	Intuitive Investments	Pair Corr

Related Correlations Analysis

	0Y9S	SFT	0A1O	IBT	0LCX	0RDI	APTD	0P5L
0Y9S		0.01	-0.56	-0.18	-0.54	-0.02	-0.12	-0.79	0Y9S
SFT	0.01		-0.18	-0.2	-0.24	-0.39	0.38	-0.01	SFT
0A1O	-0.56	-0.18		0.55	0.94	0.31	-0.15	0.84	0A1O
IBT	-0.18	-0.2	0.55		0.46	0.34	-0.12	0.47	IBT
0LCX	-0.54	-0.24	0.94	0.46		0.31	-0.27	0.82	0LCX
0RDI	-0.02	-0.39	0.31	0.34	0.31		-0.17	0.2	0RDI
APTD	-0.12	0.38	-0.15	-0.12	-0.27	-0.17		-0.1	APTD
0P5L	-0.79	-0.01	0.84	0.47	0.82	0.2	-0.1		0P5L
	0Y9S	SFT	0A1O	IBT	0LCX	0RDI	APTD	0P5L

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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

0LCX	+ 0.94	0A1O
0P5L	+ 0.84	0A1O
0P5L	+ 0.82	0LCX
IBT	+ 0.55	0A1O
0P5L	+ 0.47	IBT
0LCX	+ 0.46	IBT

High negative correlations

0P5L	- 0.79	0Y9S
0A1O	- 0.56	0Y9S
0LCX	- 0.54	0Y9S
0RDI	- 0.39	SFT
APTD	- 0.27	0LCX
0LCX	- 0.24	SFT

Risk-Adjusted Indicators

There is a big difference between Learning Stock performing well and Learning Technologies 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 Learning Technologies' 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
0Y9S	1.23	(0.09)	0.00	(0.14)	0.00	0.00	2.82	(1.96)	17.45
SFT	0.78	0.10	0.03	(2.34)	0.94	(3.14)	2.73	(2.13)	10.42
0A1O	1.52	0.31	0.11	0.44	2.09	(1.48)	3.63	(3.40)	13.63
IBT	0.90	0.08	0.04	4.06	1.32	(0.99)	2.07	(1.73)	7.51
0LCX	0.93	0.32	0.31	1.01	0.69	(1.18)	2.52	(1.89)	8.93
0RDI	1.43	0.16	0.05	1.01	2.45	(1.36)	3.43	(2.80)	10.76
APTD	1.58	(0.03)	0.00	0.24	0.00	0.00	3.64	(2.94)	8.97
0P5L	0.53	0.15	0.00	0.38	0.00	0.00	1.23	(1.44)	7.82

Be your own money manager

Our tools can tell you how much better you can do entering a position in Learning Technologies 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.

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Learning Technologies Corporate Management

Elected by the shareholders, the Learning Technologies' board of directors comprises two types of representatives: Learning Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Learning. The board's role is to monitor Learning Technologies' management team and ensure that shareholders' interests are well served. Learning Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Learning Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

Tim Martin	Chief Officer	Profile
Claire Coley	Head Marketing	Profile
Piers Lea	Chief Director	Profile
Claire Walsh	General Secretary	Profile
Jonathan Satchell	CEO Director	Profile
ACMA BSc	CFO Director	Profile

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