Correlation Between Lionheart Holdings and Radware
Can any of the company-specific risk be diversified away by investing in both Lionheart Holdings and Radware at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Lionheart Holdings and Radware into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Lionheart Holdings and Radware, you can compare the effects of market volatilities on Lionheart Holdings and Radware and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Lionheart Holdings with a short position of Radware. Check out your portfolio center. Please also check ongoing floating volatility patterns of Lionheart Holdings and Radware.
Diversification Opportunities for Lionheart Holdings and Radware
-0.67 | Correlation Coefficient |
Excellent diversification
The 3 months correlation between Lionheart and Radware is -0.67. Overlapping area represents the amount of risk that can be diversified away by holding Lionheart Holdings and Radware in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Radware and Lionheart Holdings is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Lionheart Holdings are associated (or correlated) with Radware. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Radware has no effect on the direction of Lionheart Holdings i.e., Lionheart Holdings and Radware go up and down completely randomly.
Pair Corralation between Lionheart Holdings and Radware
Considering the 90-day investment horizon Lionheart Holdings is expected to generate 0.06 times more return on investment than Radware. However, Lionheart Holdings is 16.5 times less risky than Radware. It trades about 0.15 of its potential returns per unit of risk. Radware is currently generating about -0.08 per unit of risk. If you would invest 1,050 in Lionheart Holdings on August 21, 2025 and sell it today you would earn a total of 11.00 from holding Lionheart Holdings or generate 1.05% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Weak |
| Accuracy | 100.0% |
| Values | Daily Returns |
Lionheart Holdings vs. Radware
Performance |
| Timeline |
| Lionheart Holdings |
| Radware |
Lionheart Holdings and Radware Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Lionheart Holdings and Radware
The main advantage of trading using opposite Lionheart Holdings and Radware positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Lionheart Holdings position performs unexpectedly, Radware can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Radware will offset losses from the drop in Radware's long position.| Lionheart Holdings vs. Oxley Bridge Acquisition | Lionheart Holdings vs. ProCap Acquisition Corp | Lionheart Holdings vs. SIM Acquisition Corp | Lionheart Holdings vs. Vine Hill Capital |
| Radware vs. GigaCloud Technology Class | Radware vs. Rezolve AI Limited | Radware vs. Rapid7 Inc | Radware vs. Yext Inc |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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