LPL Financial Correlations

LPLA Stock

USD 325.12 1.73 0.53%

The current 90-days correlation between LPL Financial Holdings and Tradeweb Markets is 0.04 (i.e., Significant diversification). The correlation of LPL Financial 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.

LPL Financial Correlation With Market

Very weak diversification

The correlation between LPL Financial Holdings and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LPL Financial Holdings 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 LPL Financial Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with LPL Stock

0.84	V	Visa Class A	Pair Corr
0.73	DHIL	Diamond Hill Investment	Pair Corr
0.93	DIST	Distoken Acquisition	Pair Corr
0.77	AB	AllianceBernstein	Pair Corr
0.77	AC	Associated Capital	Pair Corr
0.89	BN	Brookfield Corp	Pair Corr
0.92	BX	Blackstone Group Normal Trading	Pair Corr
0.89	CG	Carlyle Group	Pair Corr
0.96	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.96	LC	LendingClub Corp	Pair Corr
0.75	LX	Lexinfintech Holdings	Pair Corr
0.85	MA	Mastercard	Pair Corr
0.8	MC	Moelis	Pair Corr
0.99	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.86	PX	P10 Inc	Pair Corr
0.85	QD	Qudian Inc	Pair Corr
0.97	SF	Stifel Financial Earnings Call Tomorrow	Pair Corr
0.71	TW	Tradeweb Markets	Pair Corr
0.9	WT	WisdomTree	Pair Corr
0.96	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.79	DUET	DUET Acquisition Corp	Pair Corr
0.82	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.82	DYCQ	DT Cloud Acquisition	Pair Corr
0.94	VRTS	Virtus Investment	Pair Corr

Moving against LPL Stock

0.85	WU	Western Union	Pair Corr
0.81	XP	Xp Inc	Pair Corr
0.63	PT	Pintec Technology	Pair Corr
0.61	RM	Regional Management Corp	Pair Corr
0.37	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.32	DMYY	dMY Squared Technology	Pair Corr
0.82	BRKHU	BurTech Acquisition Corp	Pair Corr
0.66	BRKHW	BurTech Acquisition Corp	Pair Corr
0.6	BRACU	Broad Capital Acquisition	Pair Corr
0.36	DISTW	Distoken Acquisition	Pair Corr
0.34	PFTAU	Portage Fintech Acqu	Pair Corr
0.31	TETEW	Technology Telecommunicatio	Pair Corr

Related Correlations Analysis

	TW	RJF	PJT	MC	SF	MKTX	PIPR	EVR	LAZ	HLI
TW		0.71	0.82	0.51	0.77	0.75	0.69	0.69	0.64	0.75	TW
RJF	0.71		0.91	0.78	0.98	0.5	0.91	0.93	0.9	0.96	RJF
PJT	0.82	0.91		0.89	0.96	0.52	0.96	0.96	0.93	0.97	PJT
MC	0.51	0.78	0.89		0.84	0.17	0.94	0.93	0.92	0.87	MC
SF	0.77	0.98	0.96	0.84		0.52	0.95	0.96	0.92	0.98	SF
MKTX	0.75	0.5	0.52	0.17	0.52		0.32	0.4	0.36	0.47	MKTX
PIPR	0.69	0.91	0.96	0.94	0.95	0.32		0.98	0.94	0.97	PIPR
EVR	0.69	0.93	0.96	0.93	0.96	0.4	0.98		0.97	0.98	EVR
LAZ	0.64	0.9	0.93	0.92	0.92	0.36	0.94	0.97		0.95	LAZ
HLI	0.75	0.96	0.97	0.87	0.98	0.47	0.97	0.98	0.95		HLI
	TW	RJF	PJT	MC	SF	MKTX	PIPR	EVR	LAZ	HLI

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Risk-Adjusted Indicators

There is a big difference between LPL Stock performing well and LPL Financial 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 LPL Financial'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
TW	0.91	0.17	0.07	0.55	1.01	(0.94)	1.71	(1.39)	6.60
RJF	1.21	0.40	0.35	0.41	0.68	(1.49)	2.53	(2.02)	12.50
PJT	1.50	0.14	0.26	0.17	0.92	(2.07)	3.55	(2.04)	18.44
MC	1.69	(0.10)	0.08	0.08	1.46	(2.24)	3.42	(3.04)	22.37
SF	1.21	0.22	0.32	0.22	0.63	(1.54)	3.01	(1.97)	16.31
MKTX	1.00	0.20	0.05	(0.87)	0.90	(1.14)	2.30	(1.66)	10.40
PIPR	1.51	0.06	0.19	0.14	1.16	(1.89)	3.07	(2.70)	22.79
EVR	1.59	0.07	0.15	0.14	1.62	(1.79)	3.06	(2.72)	19.27
LAZ	1.64	0.02	0.11	0.13	1.36	(1.97)	3.95	(2.71)	18.37
HLI	1.23	0.13	0.14	0.20	1.03	(1.33)	2.31	(2.04)	12.41

LPL Financial Corporate Management

Marc CFA	Chief Officer	Profile
Althea Brown	MD Officer	Profile
Judith Ricketts	Executive Operations	Profile
Dayton Semerjian	MD Officer	Profile
Corey Staten	Executive Service	Profile
Aneri CFP	Managing Group	Profile
Brent Simonich	Chief VP	Profile

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