Lands End Correlations

LE Stock  USD 15.45  0.30  1.98%   
The current 90-days correlation between Lands End and Arko Corp is 0.27 (i.e., Modest diversification). The correlation of Lands End 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.

Lands End Correlation With Market

Very weak diversification

The correlation between Lands End and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lands End 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 Lands End. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.
For information on how to trade Lands Stock refer to our How to Trade Lands Stock guide.

Moving together with Lands Stock

  0.62PLCE Childrens PlacePairCorr

Moving against Lands Stock

  0.48RNDXF Randgold ExplorationPairCorr
  0.42TLKMF Telkom Indonesia TbkPairCorr

Related Correlations Analysis


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

SCVLHNST
KRTMLR
NATHHNST
NATHMLR
NATHKRT
KRTHNST
  

High negative correlations

NATHZKH
HNSTBWMX
SCVLBWMX
NATHBWMX
HNSTZKH
HZOBWMX

Risk-Adjusted Indicators

There is a big difference between Lands Stock performing well and Lands End 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 Lands End'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ARKO  2.10 (0.09)(0.02) 0.01  3.14 
 5.91 
 18.08 
ZKH  1.74  0.21  0.05 (0.43) 2.03 
 3.73 
 11.11 
BWMX  1.47  0.05  0.01  0.17  1.37 
 3.04 
 12.66 
HNST  2.73 (0.48) 0.00 (0.20) 0.00 
 8.17 
 37.57 
HZO  2.55 (0.20) 0.00 (0.02) 0.00 
 6.76 
 19.10 
SCVL  2.40 (0.34) 0.00  7.03  0.00 
 5.00 
 11.82 
MLR  1.50 (0.15) 0.00 (0.04) 0.00 
 2.67 
 10.57 
KRT  1.54 (0.14) 0.00 (0.06) 0.00 
 3.23 
 12.60 
NATH  1.58 (0.26) 0.00 (0.25) 0.00 
 2.98 
 9.78 
MNRO  2.23  0.20  0.07  0.17  3.65 
 5.17 
 21.28 

Lands End Corporate Executives

Elected by the shareholders, the Lands End's board of directors comprises two types of representatives: Lands End inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lands. The board's role is to monitor Lands End's management team and ensure that shareholders' interests are well served. Lands End's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lands End's outside directors are responsible for providing unbiased perspectives on the board's policies.
James GoochCFO, COO and Executive VPProfile