Land Securities Correlations

Pink Sheets . USA . 
Stock . Land Securities Group
LSGOF Stock  USD 7.42  0.16  2.20%   
The current 90-days correlation between Land Securities Group and Land Securities Group is -0.01 (i.e., Good diversification). The correlation of Land Securities 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.

Land Securities Correlation With Market

Significant diversification

The correlation between Land Securities Group and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Land Securities Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Land Securities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Land Securities 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 Land Securities - 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 Land Securities Group to buy it.

Moving together with Land Pink Sheet

  0.68WPC W P CareyPairCorr
  0.63LDSCY Land Securities GroupPairCorr

Moving against Land Pink Sheet

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Related Correlations Analysis

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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   
BTLCY
+ 0.85
LDSCY
TWODY
+ 0.85
BTLCY
TWODY
+ 0.74
LDSCY
KLPEF
+ 0.61
BTLCY
KLPEF
+ 0.61
BRLAF
KLPEF
+ 0.51
LDSCY
  
High negative correlations   
TWODY
- 0.02
BRLAF

Risk-Adjusted Indicators

There is a big difference between Land Pink Sheet performing well and Land Securities 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 Land Securities' 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Land Securities 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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Land Securities Corporate Management

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