Lufax Holding Correlations

LU Stock

USD 2.27 0.04 1.79%

The current 90-days correlation between Lufax Holding and Visa Class A is 0.26 (i.e., Modest diversification). The correlation of Lufax Holding 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.

Lufax Holding Correlation With Market

Average diversification

The correlation between Lufax Holding and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lufax Holding 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 Lufax Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Lufax Stock please use our How to Invest in Lufax Holding guide.

Moving together with Lufax Stock

0.63

HUT

Hut 8 Corp

Pair Corr

Moving against Lufax Stock

0.6	V	Visa Class A Fiscal Year End 22nd of October 2024	Pair Corr
0.36	WAVS	Western Acquisition	Pair Corr
0.41	RMCO	Royalty Management Symbol Change	Pair Corr
0.37	LPRO	Open Lending Corp	Pair Corr
0.32	ORGN	Origin Materials Buyout Trend	Pair Corr
0.63	AC	Associated Capital	Pair Corr

Related Correlations Analysis

	V	PYPL	MA	SYF	DFS
V		0.27	0.31	-0.32	-0.24	V
PYPL	0.27		0.84	0.06	0.07	PYPL
MA	0.31	0.84		0.14	0.15	MA
SYF	-0.32	0.06	0.14		0.94	SYF
DFS	-0.24	0.07	0.15	0.94		DFS
	V	PYPL	MA	SYF	DFS

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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

DFS	+ 0.94	SYF
MA	+ 0.84	PYPL
MA	+ 0.31	V
PYPL	+ 0.27	V
DFS	+ 0.15	MA
SYF	+ 0.14	MA

High negative correlations

SYF	- 0.32	V
DFS	- 0.24	V

Risk-Adjusted Indicators

There is a big difference between Lufax Stock performing well and Lufax Holding 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 Lufax Holding'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
V	0.83	(0.06)	(0.05)	0.05	1.43	(0.72)	1.90	(1.58)	6.06
PYPL	1.61	0.12	0.09	0.20	1.57	(1.83)	3.79	(2.75)	13.68
MA	0.82	0.04	0.02	0.16	1.16	(0.87)	1.86	(2.10)	7.97
SYF	1.59	0.12	0.07	0.19	2.09	(1.66)	3.28	(2.70)	14.06
DFS	1.41	0.06	0.05	0.16	1.89	(1.48)	3.04	(3.24)	11.14

Lufax Holding Corporate Management

Guangheng Ji	Chairman of the Board, Chairman of Lufax Executive Committee	Profile
Xianglin Li	Independent Director	Profile
Yu Chen	Head Markets	Profile
Xinyan Liu	Head Markets	Profile

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