Lombard Et Correlations

MLCAC Stock

EUR 16.70 0.10 0.60%

The current 90-days correlation between Lombard et Medot and Invibes Advertising NV is 0.12 (i.e., Average diversification). The correlation of Lombard Et 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Lombard Et Correlation With Market

Good diversification

The correlation between Lombard et Medot and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lombard et Medot and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Lombard Stock

0.88	MALT	Malteries Franco Belges	Pair Corr
0.68	MC	LVMH Mot Hennessy	Pair Corr
0.63	CDI	Christian Dior SE	Pair Corr
0.81	ALSOG	Sogeclair SA	Pair Corr
0.63	ORA	Orange SA	Pair Corr
0.73	RMS	Hermes International SCA	Pair Corr
0.8	BIM	Biomerieux SA	Pair Corr

Moving against Lombard Stock

0.6	TFF	Tonnellerie Francois	Pair Corr
0.48	CA	Carrefour SA	Pair Corr
0.38	LPE	Laurent Perrier	Pair Corr

Related Correlations Analysis

	ACA	ALINV	AF	LIN	ALSOG	ALLHB	ALBFR
ACA		0.05	0.37	0.21	0.11	0.39	0.25	ACA
ALINV	0.05		0.53	-0.62	-0.62	-0.52	-0.22	ALINV
AF	0.37	0.53		-0.08	-0.54	-0.43	-0.47	AF
LIN	0.21	-0.62	-0.08		0.53	0.38	0.19	LIN
ALSOG	0.11	-0.62	-0.54	0.53		0.52	0.42	ALSOG
ALLHB	0.39	-0.52	-0.43	0.38	0.52		0.54	ALLHB
ALBFR	0.25	-0.22	-0.47	0.19	0.42	0.54		ALBFR
	ACA	ALINV	AF	LIN	ALSOG	ALLHB	ALBFR

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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

ALBFR	+ 0.54	ALLHB
AF	+ 0.53	ALINV
ALSOG	+ 0.53	LIN
ALLHB	+ 0.52	ALSOG
ALBFR	+ 0.42	ALSOG
ALLHB	+ 0.39	ACA

High negative correlations

ALSOG	- 0.62	ALINV
LIN	- 0.62	ALINV
ALSOG	- 0.54	AF
ALLHB	- 0.52	ALINV
ALBFR	- 0.47	AF
ALLHB	- 0.43	AF

Risk-Adjusted Indicators

There is a big difference between Lombard Stock performing well and Lombard Et 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 Lombard Et'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
ACA	0.83	0.04	(0.01)	(0.05)	1.27	(0.79)	1.61	(1.66)	4.69
ALINV	2.44	(0.83)	0.00	(2.74)	0.00	0.00	3.09	(6.59)	33.57
AF	1.82	(0.32)	0.00	(1.56)	0.00	0.00	3.79	(3.96)	14.32
LIN	1.14	0.01	(0.02)	(0.01)	1.59	(1.21)	2.68	(2.68)	7.63
ALSOG	1.28	0.15	0.09	0.40	1.14	(1.87)	3.13	(2.09)	11.56
ALLHB	0.84	0.20	0.05	(3.66)	0.99	(2.33)	2.08	(1.38)	17.78
ALBFR	1.19	0.04	0.00	0.28	1.44	(1.42)	2.28	(2.24)	7.60

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lombard Et 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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