LLOYDS Correlations

53944YAR4

94.28 5.15 5.18%

The current 90-days correlation between LLOYDS 3511 18 and Supercom is -0.1 (i.e., Good diversification). The correlation of LLOYDS 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.

LLOYDS Correlation With Market

Significant diversification

The correlation between LLOYDS 3511 18 MAR 26 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 LLOYDS 3511 18 MAR 26 and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to LLOYDS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LLOYDS 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 LLOYDS - 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 LLOYDS 3511 18 MAR 26 to buy it.

Moving together with LLOYDS Bond

0.78

90331HPL1

US BANK NATIONAL

Pair Corr

Moving against LLOYDS Bond

0.51	DIS	Walt Disney Aggressive Push	Pair Corr
0.35	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.33	WMT	Walmart Aggressive Push	Pair Corr

Related Correlations Analysis

	SPCB	J	HIHO	PEP	WAVS	SFL	CATWF	FIZZ
SPCB		0.41	0.1	-0.47	0.16	0.2	0.0	0.31	SPCB
J	0.41		0.51	-0.57	0.8	-0.38	0.0	0.55	J
HIHO	0.1	0.51		-0.2	0.57	-0.26	0.0	0.23	HIHO
PEP	-0.47	-0.57	-0.2		-0.39	0.49	0.0	-0.66	PEP
WAVS	0.16	0.8	0.57	-0.39		-0.41	0.0	0.26	WAVS
SFL	0.2	-0.38	-0.26	0.49	-0.41		0.0	-0.59	SFL
CATWF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	CATWF
FIZZ	0.31	0.55	0.23	-0.66	0.26	-0.59	0.0		FIZZ
	SPCB	J	HIHO	PEP	WAVS	SFL	CATWF	FIZZ

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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

WAVS	+ 0.8	J
WAVS	+ 0.57	HIHO
FIZZ	+ 0.55	J
HIHO	+ 0.51	J
SFL	+ 0.49	PEP
J	+ 0.41	SPCB

High negative correlations

FIZZ	- 0.66	PEP
FIZZ	- 0.59	SFL
PEP	- 0.57	J
PEP	- 0.47	SPCB
SFL	- 0.41	WAVS
WAVS	- 0.39	PEP

Risk-Adjusted Indicators

There is a big difference between LLOYDS Bond performing well and LLOYDS Corporate Bond 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 LLOYDS'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
SPCB	3.96	0.00	0.00	0.12	4.75	(4.21)	9.09	(8.18)	19.42
J	1.09	0.04	0.03	0.16	1.60	(1.13)	2.41	(1.97)	9.97
HIHO	1.84	0.11	0.01	0.45	3.00	(2.11)	2.73	(2.70)	41.88
PEP	0.68	(0.11)	0.00	(3.55)	0.00	0.00	1.24	(1.38)	6.65
WAVS	1.07	0.05	(0.02)	0.39	1.54	(2.05)	3.35	(3.25)	12.07
SFL	1.09	(0.12)	0.00	(0.24)	0.00	0.00	2.23	(2.52)	4.87
CATWF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FIZZ	0.94	0.07	0.00	0.29	1.03	(0.98)	2.21	(1.89)	6.35

Be your own money manager

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