Lottery, Common Correlations
| LTRY Stock | USD 1.08 0.02 1.82% |
The correlation of Lottery, 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Lottery, Common Correlation With Market
Significant diversification
The correlation between Lottery, Common Stock and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lottery, Common Stock and DJI in the same portfolio, assuming nothing else is changed.
Lottery, |
Moving together with Lottery, Stock
| 0.75 | MCD | McDonalds | PairCorr |
| 0.71 | YUM | Yum Brands | PairCorr |
| 0.73 | NATH | Nathans Famous | PairCorr |
| 0.64 | PZZA | Papa Johns International | PairCorr |
Moving against Lottery, Stock
| 0.65 | UA | Under Armour C | PairCorr |
| 0.54 | DIN | Dine Brands Global | PairCorr |
| 0.54 | ARKR | Ark Restaurants Corp | PairCorr |
| 0.41 | RH | RH Earnings Call This Week | PairCorr |
| 0.37 | CMG | Chipotle Mexican Grill | PairCorr |
| 0.34 | M | Macys Inc | PairCorr |
| 0.6 | MHO | MI Homes | PairCorr |
| 0.57 | BZH | Beazer Homes USA | PairCorr |
| 0.55 | MTH | Meritage | PairCorr |
| 0.53 | VNCE | Vince Holding Corp | PairCorr |
| 0.49 | KBH | KB Home | PairCorr |
| 0.47 | XELB | Xcel Brands | PairCorr |
| 0.46 | VSCO | Victorias Secret | PairCorr |
| 0.45 | KSS | Kohls Corp Upward Rally | PairCorr |
| 0.4 | HOV | Hovnanian Enterprises | PairCorr |
| 0.38 | BLD | Topbuild Corp | PairCorr |
| 0.38 | KTB | Kontoor Brands | 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 Lottery, Stock performing well and Lottery, 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 Lottery, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ELYS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GMBL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PBTHF | 4.87 | 0.58 | 0.09 | (1.66) | 5.38 | 9.62 | 31.34 | |||
| GAN | 0.67 | (0.04) | 0.00 | (0.51) | 0.00 | 1.14 | 7.01 | |||
| GMBLP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RSI | 2.93 | (0.24) | 0.00 | 0.42 | 0.00 | 4.96 | 21.43 | |||
| EBET | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LNW | 1.59 | 0.30 | 0.17 | 0.25 | 1.62 | 4.28 | 15.12 | |||
| CDRO | 2.35 | 0.12 | 0.04 | 0.07 | 2.78 | 4.62 | 20.10 |
Lottery, Common Corporate Management
| Matthew CFA | Vice Relations | Profile | |
| Robert CPA | Chief Officer | Profile | |
| Gregory Potts | Chief Officer | Profile | |
| Edward Moffly | Interim Officer | Profile | |
| Sohail Quraeshi | Chief Officer | Profile |