Lisi SA Correlations

FII Stock  EUR 21.05  0.25  1.20%   
The current 90-days correlation between Lisi SA and Airbus Group SE is 0.04 (i.e., Significant diversification). The correlation of Lisi SA 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.

Lisi SA Correlation With Market

Average diversification

The correlation between Lisi SA and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lisi SA and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Lisi SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lisi SA 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 Lisi SA - 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 Lisi SA to buy it.

Moving against Lisi Stock

  0.89ALMKS Making Science GroupPairCorr
  0.79SAF Safran SAPairCorr
  0.53EXA Exail TechnologiesPairCorr
  0.51AIR Airbus Group SEPairCorr
  0.49HO Thales SAPairCorr

Related Correlations Analysis

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Be your own money manager

Our tools can tell you how much better you can do entering a position in Lisi SA 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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Lisi SA Corporate Management

Elected by the shareholders, the Lisi SA's board of directors comprises two types of representatives: Lisi SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lisi. The board's role is to monitor Lisi SA's management team and ensure that shareholders' interests are well served. Lisi SA'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, Lisi SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
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