Life Insurance Correlations
| LINSA Stock | USD 9.75 0.00 0.00% |
The correlation of Life Insurance 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.
Life Insurance Correlation With Market
Pay attention - limited upside
The correlation between Life Insurance and DJI is -0.72 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Life Insurance and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Life Insurance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Life Insurance 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 Life Insurance - 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 Life Insurance to buy it.
Moving together with Life Pink Sheet
Moving against Life Pink Sheet
| 0.81 | PNGAY | Ping An Insurance | PairCorr |
| 0.79 | PIAIF | Ping An Insurance Normal Trading | PairCorr |
| 0.77 | AAGIY | AIA Group | PairCorr |
| 0.75 | AAIGF | AIA Group | PairCorr |
| 0.69 | CILJF | China Life Insurance | PairCorr |
| 0.66 | MFC | Manulife Financial Corp Earnings Call This Week | PairCorr |
| 0.64 | GNTX | Gentex | PairCorr |
| 0.53 | KB | KB Financial Group | PairCorr |
| 0.49 | SHG | Shinhan Financial | PairCorr |
| 0.45 | BKRKY | Bank Rakyat | PairCorr |
| 0.74 | DRXGY | Drax Group PLC | PairCorr |
| 0.71 | SHVLF | Starcore International | PairCorr |
| 0.67 | DISPF | Disco Tech Boost | PairCorr |
| 0.66 | CMPNF | Champion Real Estate | PairCorr |
| 0.61 | GRFS | Grifols SA ADR | PairCorr |
| 0.61 | GPGI | GPGI Inc Symbol Change | PairCorr |
| 0.59 | VNET | VNET Group DRC Tech Boost | PairCorr |
| 0.57 | ECL | Ecolab Inc | PairCorr |
| 0.5 | GTY | Getty Realty | PairCorr |
| 0.42 | ASB | Associated Banc Corp | PairCorr |
| 0.41 | LFGP | Ledyard Financial | PairCorr |
| 0.41 | CMSC | CMS Energy Corp | PairCorr |
| 0.39 | BRNGF | Buru Energy Limited | PairCorr |
| 0.33 | AEE | Ameren Corp | PairCorr |
| 0.75 | KRFG | King Resources | PairCorr |
| 0.7 | CYD | China Yuchai Interna | PairCorr |
| 0.67 | C-PN | Citigroup Capital XIII | PairCorr |
| 0.62 | UCB | United Community Banks | PairCorr |
| 0.6 | DIIBF | Dorel Industries | PairCorr |
| 0.6 | VSCO | Victorias Secret | PairCorr |
Related Correlations Analysis
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 Life Pink Sheet performing well and Life Insurance 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 Life Insurance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FWFW | 2.36 | 0.49 | 0.00 | 0.65 | 0.00 | 0.00 | 114.60 | |||
| IMPM | 7.12 | 0.14 | 0.00 | 0.00 | 0.00 | 20.00 | 58.33 | |||
| SMPP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SOLCF | 9.62 | (1.36) | 0.00 | (0.23) | 0.00 | 23.50 | 66.07 | |||
| MITJF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BGTTF | 7.12 | (0.72) | 0.00 | (0.50) | 0.00 | 17.65 | 76.43 | |||
| SPFX | 5.08 | 0.11 | 0.01 | 0.13 | 8.28 | 13.47 | 84.07 | |||
| CSTXF | 10.33 | 1.49 | 0.05 | (1.14) | 12.01 | 37.50 | 113.57 | |||
| PLPL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ITEX | 0.94 | 0.04 | 0.00 | 0.14 | 1.86 | 2.61 | 27.76 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Life Insurance 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.Did you try this?
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Life Insurance Corporate Management
| CLU Renfrow | Chief Marketing Officer and Executive VP | Profile | |
| Jack Keck | Sec, VP | Profile | |
| Clarence III | President | Profile | |
| Rosalie Causey | CFO VP | Profile |