Latham Correlations

Correlation With Market Overview: Latham

Latham has a market cap of 643.39 M, operating margin of -10.73%, ROE of 2.81%. Review World Market Map for broader portfolio context. The overview captures current portfolio composition. This captures an allocation to Latham Group. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

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 WLFC + 0.93 ALTG NX + 0.93 WLFC AEBI + 0.87 NX NX + 0.86 ALTG GLDD + 0.79 WLFC HTZ + 0.76 ULCC

High negative correlations GLDD - 0.7 HTZ ASPN - 0.42 MEG GLDD - 0.39 ULCC MEG - 0.34 NX MEG - 0.3 WLFC AEBI - 0.26 MEG

Risk-Adjusted Indicators

There is a big difference between Latham Stock performing well and Latham Company doing well as a business compared to the competition. Risk-adjusted metrics allow investors to compare Latham's efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.