Luduson G Correlations

LDSN Stock

USD 0 0 20.00%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luduson G moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luduson G moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

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

Moving together with Luduson OTC Stock

0.82	BKRKF	PT Bank Rakyat	Pair Corr
0.77	BKRKY	Bank Rakyat	Pair Corr
0.73	TLK	Telkom Indonesia Tbk	Pair Corr
0.75	PPERF	Bank Mandiri Persero	Pair Corr
0.67	PPERY	Bank Mandiri Persero	Pair Corr

Moving against Luduson OTC Stock

0.93	PTAIF	PT Astra International	Pair Corr
0.88	LYV	Live Nation Entertainment	Pair Corr
0.87	SSNLF	Samsung Electronics	Pair Corr
0.76	NFLX	Netflix Fiscal Year End 28th of January 2025	Pair Corr
0.75	FWONA	Liberty Media	Pair Corr
0.71	DIS	Walt Disney Aggressive Push	Pair Corr
0.69	FOX	Fox Corp Class	Pair Corr
0.68	FWONK	Liberty Media	Pair Corr
0.51	WBD	Warner Bros Discovery Aggressive Push	Pair Corr
0.91	VRT	Vertiv Holdings	Pair Corr
0.85	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.84	NVDA	NVIDIA	Pair Corr
0.83	CHH	Choice Hotels Intern	Pair Corr
0.77	AXON	Axon Enterprise	Pair Corr
0.76	APLD	Applied Blockchain	Pair Corr
0.76	IONQ	IONQ Inc	Pair Corr
0.72	NDAQ	Nasdaq Inc	Pair Corr
0.64	CEG	Constellation Energy Corp Downward Rally	Pair Corr
0.41	PDYN	Palladyne AI Corp Symbol Change	Pair Corr

Related Correlations Analysis

	WMG	LYV	BATRA	WBD	RDIB	RSVR	LDSN	MCS	GAIA	NWS
WMG		0.87	-0.62	0.58	-0.82	0.78	-0.89	0.76	0.71	0.57	WMG
LYV	0.87		-0.65	0.75	-0.83	0.87	-0.88	0.89	0.85	0.77	LYV
BATRA	-0.62	-0.65		-0.34	0.73	-0.43	0.71	-0.44	-0.39	-0.18	BATRA
WBD	0.58	0.75	-0.34		-0.39	0.56	-0.51	0.78	0.66	0.86	WBD
RDIB	-0.82	-0.83	0.73	-0.39		-0.71	0.82	-0.68	-0.67	-0.45	RDIB
RSVR	0.78	0.87	-0.43	0.56	-0.71		-0.82	0.77	0.83	0.67	RSVR
LDSN	-0.89	-0.88	0.71	-0.51	0.82	-0.82		-0.77	-0.76	-0.53	LDSN
MCS	0.76	0.89	-0.44	0.78	-0.68	0.77	-0.77		0.87	0.9	MCS
GAIA	0.71	0.85	-0.39	0.66	-0.67	0.83	-0.76	0.87		0.76	GAIA
NWS	0.57	0.77	-0.18	0.86	-0.45	0.67	-0.53	0.9	0.76		NWS
	WMG	LYV	BATRA	WBD	RDIB	RSVR	LDSN	MCS	GAIA	NWS

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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

NWS	+ 0.9	MCS
MCS	+ 0.89	LYV
LYV	+ 0.87	WMG
RSVR	+ 0.87	LYV
GAIA	+ 0.87	MCS
NWS	+ 0.86	WBD

High negative correlations

LDSN	- 0.89	WMG
LDSN	- 0.88	LYV
RDIB	- 0.83	LYV
LDSN	- 0.82	RSVR
RDIB	- 0.82	WMG
MCS	- 0.77	LDSN

Risk-Adjusted Indicators

There is a big difference between Luduson OTC Stock performing well and Luduson G OTC Stock 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 Luduson G'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
WMG	0.90	0.14	0.03	0.68	1.65	(0.94)	2.15	(2.03)	11.14
LYV	1.07	0.43	0.40	0.53	0.50	(1.33)	2.70	(1.51)	9.16
BATRA	0.89	(0.20)	0.00	(0.25)	0.00	0.00	1.45	(1.98)	5.15
WBD	2.29	0.20	0.09	0.27	2.20	(2.71)	5.42	(3.45)	18.30
RDIB	4.22	(0.72)	0.00	(1.25)	0.00	0.00	7.76	(8.62)	37.87
RSVR	1.76	0.10	0.07	0.18	2.17	(1.91)	3.91	(3.81)	9.49
LDSN	13.30	(0.74)	0.00	9.55	0.00	0.00	42.86	(34.14)	126.66
MCS	1.41	0.62	0.52	1.22	0.32	(1.83)	4.35	(1.58)	12.61
GAIA	2.08	0.38	0.14	0.68	1.89	(2.40)	6.39	(3.40)	13.71
NWS	0.89	0.05	0.02	0.18	1.13	(1.00)	1.77	(1.64)	6.61

Be your own money manager

Our tools can tell you how much better you can do entering a position in Luduson G 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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