Link Real Correlations
| LKREF Stock | USD 4.03 0.19 4.95% |
The correlation of Link Real 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Link Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Link Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Average diversification
The correlation between Link Real Estate and NYA is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Link Real Estate and NYA in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Link Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Link Real 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 Link Real - 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 Link Real Estate to buy it.
Moving together with Link Pink Sheet
| 0.8 | KIM | Kimco Realty Earnings Call Tomorrow | PairCorr |
| 0.75 | REG | Regency Centers Financial Report 2nd of May 2024 | PairCorr |
Moving against Link Pink Sheet
| 0.93 | AWCMF | Alumina Limited | PairCorr |
| 0.93 | AWCMY | Alumina Limited PK | PairCorr |
| 0.89 | BMA | Banco Macro SA Financial Report 15th of May 2024 | PairCorr |
| 0.84 | HRTG | Heritage Insurance Hldgs Normal Trading | PairCorr |
| 0.84 | LWAY | Lifeway Foods Financial Report 20th of May 2024 | PairCorr |
| 0.82 | UNBLF | WFD Unibail Rodamco | PairCorr |
| 0.8 | KULR | KULR Technology Group Financial Report 20th of May 2024 | PairCorr |
| 0.8 | ALSN | Allison Transmission Earnings Call Tomorrow | PairCorr |
| 0.78 | MPLX | MPLX LP Earnings Call This Week | PairCorr |
| 0.76 | BBSI | Barrett Business Services Earnings Call This Week | PairCorr |
| 0.76 | AZZ | AZZ Incorporated Financial Report 5th of July 2024 | PairCorr |
| 0.72 | STGPF | Scentre Group | PairCorr |
| 0.69 | FIX | Comfort Systems USA Earnings Call This Week | PairCorr |
| 0.68 | TSM | Taiwan Semiconductor Financial Report 18th of July 2024 | PairCorr |
| 0.66 | BBY | Best Buy Sell-off Trend | PairCorr |
| 0.65 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.63 | MUSA | Murphy USA Financial Report 7th of May 2024 | PairCorr |
| 0.61 | GDLC | Grayscale Digital Large | PairCorr |
| 0.6 | STRL | Sterling Construction Earnings Call This Week | PairCorr |
| 0.41 | GMNFF | GobiMin | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Link Pink Sheet performing well and Link Real 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 Link Real'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SPG | 1.04 | (0.09) | (0.04) | 0.02 | 1.25 | 1.96 | 7.91 | |||
| O | 0.88 | (0.14) | 0.00 | (0.05) | 0.00 | 1.58 | 6.34 | |||
| KIM | 1.12 | (0.19) | 0.00 | (0.05) | 0.00 | 2.56 | 8.48 | |||
| REG | 0.92 | (0.14) | 0.00 | (0.06) | 0.00 | 1.75 | 5.90 | |||
| FRT | 0.93 | 0.00 | (0.05) | 0.10 | 1.19 | 1.86 | 5.94 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Link Real 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.Did you try this?
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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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Link Real Corporate Directors
Link Real corporate directors refer to members of a Link Real board of directors. The board of directors generally takes responsibility for the Link Real's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Link Real's board members must vote for the resolution. The Link Real board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Yuen Ng | Director - Human Resources | Profile | |
| Lee Cheung | CFO of Link Management Limited, Executive Director of Link Management Limited and Member of Fin. and Investment Committee | Profile | |
| Shing Yeung | Director of Human Resources and Administration of The Link Management Limited | Profile | |
| David Watt | Independent Non-Executive Director of The Link Management Limited | Profile |
Already Invested in Link Real Estate?
The danger of trading Link Real Estate is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Link Real is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Link Real. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Link Real Estate is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Link Real Estate. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Link Real Estate information on this page should be used as a complementary analysis to other Link Real's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Link Pink Sheet analysis
When running Link Real's price analysis, check to measure Link Real's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Link Real is operating at the current time. Most of Link Real's value examination focuses on studying past and present price action to predict the probability of Link Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Link Real's price. Additionally, you may evaluate how the addition of Link Real to your portfolios can decrease your overall portfolio volatility.
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