LM Funding Correlations

LMFA Stock

USD 1.92 0.02 1.05%

The current 90-days correlation between LM Funding America and Sentage Holdings is 0.08 (i.e., Significant diversification). The correlation of LM Funding 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.

LM Funding Correlation With Market

Average diversification

The correlation between LM Funding America and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LM Funding America 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 LM Funding America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with LMFA Stock

0.68	IX	Orix Corp Ads	Pair Corr
0.74	AGM	Federal Agricultural	Pair Corr
0.75	GDOT	Green Dot	Pair Corr
0.64	NAVI	Navient Corp	Pair Corr

Moving against LMFA Stock

0.73	FOA	Finance of America	Pair Corr
0.52	LX	Lexinfintech Holdings	Pair Corr
0.47	RM	Regional Management Corp	Pair Corr
0.47	FINV	FinVolution Group	Pair Corr
0.74	OMCC	Old Market Capital Symbol Change	Pair Corr
0.73	OPFI	OppFi Inc	Pair Corr
0.66	MCVT	Mill City Ventures	Pair Corr
0.55	XYF	X Financial Class	Pair Corr
0.55	OPRT	Oportun Financial Corp Trending	Pair Corr
0.35	SLMBP	SLM Corp Pb	Pair Corr

Related Correlations Analysis

	XYF	DXF	SUNL	NISN	SNTG	COSG	YRD	LX	JT
XYF		-0.17	0.0	-0.4	-0.17	0.13	-0.04	0.57	0.0	XYF
DXF	-0.17		0.0	0.16	0.23	-0.48	-0.25	-0.35	0.0	DXF
SUNL	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	SUNL
NISN	-0.4	0.16	0.0		0.11	-0.02	0.6	-0.75	0.0	NISN
SNTG	-0.17	0.23	0.0	0.11		-0.19	-0.09	-0.16	0.0	SNTG
COSG	0.13	-0.48	0.0	-0.02	-0.19		0.52	0.35	0.0	COSG
YRD	-0.04	-0.25	0.0	0.6	-0.09	0.52		-0.18	0.0	YRD
LX	0.57	-0.35	0.0	-0.75	-0.16	0.35	-0.18		0.0	LX
JT	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		JT
	XYF	DXF	SUNL	NISN	SNTG	COSG	YRD	LX	JT

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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

YRD	+ 0.6	NISN
LX	+ 0.57	XYF
YRD	+ 0.52	COSG
LX	+ 0.35	COSG
SNTG	+ 0.23	DXF
NISN	+ 0.16	DXF

High negative correlations

LX	- 0.75	NISN
COSG	- 0.48	DXF
NISN	- 0.4	XYF
LX	- 0.35	DXF
YRD	- 0.25	DXF
COSG	- 0.19	SNTG

Risk-Adjusted Indicators

There is a big difference between LMFA Stock performing well and LM Funding 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 LM Funding'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
XYF	2.53	0.41	0.10	0.54	3.27	(2.64)	4.46	(6.11)	22.49
DXF	37.01	14.22	0.00	(10.24)	0.00	0.00	168.26	(73.28)	196.29
SUNL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NISN	5.00	(0.31)	0.00	(0.03)	0.00	0.00	14.58	(7.66)	31.71
SNTG	3.47	(0.14)	0.00	(0.34)	0.00	0.00	9.25	(5.24)	30.48
COSG	62.70	28.62	0.00	(6.19)	0.00	0.00	0.00	0.00	1,100
YRD	3.17	0.17	0.03	0.29	4.18	(3.63)	6.35	(5.21)	26.80
LX	3.70	1.55	0.43	4.55	2.65	(4.81)	14.69	(5.05)	31.34
JT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

LM Funding Corporate Management

Paul Brownlee	Managing Illinois	Profile
Valter Pinto	Investor Contacts	Profile
Bruce Esq	Pres Chairman	Profile
CPA CGMA	Chief Officer	Profile
Ryan Duran	Vice Operations	Profile

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