Laureate Education Correlations

LAUR Stock

USD 19.27 0.39 2.07%

The current 90-days correlation between Laureate Education and Universal Technical Institute is 0.22 (i.e., Modest diversification). The correlation of Laureate Education 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.

Laureate Education Correlation With Market

Modest diversification

The correlation between Laureate Education and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Laureate Education and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laureate Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

To learn how to invest in Laureate Stock, please use our How to Invest in Laureate Education guide.

Moving together with Laureate Stock

0.91	GHC	Graham Holdings	Pair Corr
0.76	LRN	Stride Inc	Pair Corr
0.76	UTI	Universal Technical Upward Rally	Pair Corr
0.85	LINC	Lincoln Educational	Pair Corr
0.82	LOPE	Grand Canyon Education	Pair Corr
0.82	PRDO	Perdoceo Education Corp	Pair Corr
0.76	APEI	American Public Education	Pair Corr
0.9	ATGE	Adtalem Global Education	Pair Corr

Moving against Laureate Stock

0.55	EDTK	Skillful Craftsman	Pair Corr
0.49	GSUN	Golden Sun Education	Pair Corr
0.45	WAFU	Wah Fu Education	Pair Corr
0.45	GOTU	Gaotu Techedu DRC	Pair Corr
0.4	EDU	New Oriental Education	Pair Corr
0.39	FEDU	Four Seasons Education	Pair Corr
0.33	YQ	17 Education Technology	Pair Corr
0.68	ASPU	Aspen Group	Pair Corr
0.54	CLEU	China Liberal Education	Pair Corr
0.45	COUR	Coursera	Pair Corr
0.37	LXEH	Lixiang Education Holding	Pair Corr
0.37	FHSEY	First High School	Pair Corr
0.34	NAUH	National American	Pair Corr

Related Correlations Analysis

	UTI	STRA	LOPE	APEI	AFYA	ATGE	LRN	LINC
UTI		0.69	0.92	0.93	0.27	0.89	0.76	0.92	UTI
STRA	0.69		0.77	0.7	0.35	0.49	0.42	0.44	STRA
LOPE	0.92	0.77		0.87	0.25	0.87	0.76	0.84	LOPE
APEI	0.93	0.7	0.87		0.12	0.83	0.73	0.83	APEI
AFYA	0.27	0.35	0.25	0.12		0.29	0.28	0.21	AFYA
ATGE	0.89	0.49	0.87	0.83	0.29		0.8	0.94	ATGE
LRN	0.76	0.42	0.76	0.73	0.28	0.8		0.74	LRN
LINC	0.92	0.44	0.84	0.83	0.21	0.94	0.74		LINC
	UTI	STRA	LOPE	APEI	AFYA	ATGE	LRN	LINC

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Risk-Adjusted Indicators

There is a big difference between Laureate Stock performing well and Laureate Education 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 Laureate Education'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
UTI	1.67	0.09	0.10	0.13	1.74	(1.95)	4.31	(3.14)	15.04
STRA	1.01	(0.12)	(0.07)	0.00	1.25	(1.02)	1.61	(2.00)	11.39
LOPE	1.23	0.07	0.11	0.13	1.04	(1.53)	2.12	(2.06)	17.79
APEI	2.17	0.33	0.17	0.24	2.15	(2.52)	6.03	(3.55)	21.66
AFYA	1.49	(0.21)	0.00	(0.38)	0.00	0.00	2.61	(4.21)	9.86
ATGE	1.44	0.18	0.12	0.20	1.61	(1.59)	2.81	(2.83)	15.11
LRN	2.05	0.51	0.19	(1.28)	1.69	(2.73)	3.29	(2.32)	40.91
LINC	1.84	0.25	0.16	0.20	1.86	(2.15)	3.65	(4.04)	14.22

Laureate Education Corporate Management

Gerard Knauer	VP Controller	Profile
Luis Novelo	VP Officer	Profile
Richard III	Chief Officer	Profile
Adam Morse	Senior Treasurer	Profile
Christian Haeberle	Chief Peru	Profile

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