Correlation Between Regions Financial and Lippo Malls
Can any of the company-specific risk be diversified away by investing in both Regions Financial and Lippo Malls 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 Regions Financial and Lippo Malls into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Regions Financial and Lippo Malls Indonesia, you can compare the effects of market volatilities on Regions Financial and Lippo Malls 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 Regions Financial with a short position of Lippo Malls. Check out your portfolio center. Please also check ongoing floating volatility patterns of Regions Financial and Lippo Malls.
Diversification Opportunities for Regions Financial and Lippo Malls
0.0 | Correlation Coefficient |
Pay attention - limited upside
The 3 months correlation between Regions and Lippo is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Regions Financial and Lippo Malls Indonesia in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Lippo Malls Indonesia and Regions Financial 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 Regions Financial are associated (or correlated) with Lippo Malls. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Lippo Malls Indonesia has no effect on the direction of Regions Financial i.e., Regions Financial and Lippo Malls go up and down completely randomly.
Pair Corralation between Regions Financial and Lippo Malls
If you would invest 1.00 in Lippo Malls Indonesia on September 9, 2025 and sell it today you would earn a total of 0.00 from holding Lippo Malls Indonesia or generate 0.0% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Flat |
| Strength | Insignificant |
| Accuracy | 100.0% |
| Values | Daily Returns |
Regions Financial vs. Lippo Malls Indonesia
Performance |
| Timeline |
| Regions Financial |
| Lippo Malls Indonesia |
Regions Financial and Lippo Malls Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Regions Financial and Lippo Malls
The main advantage of trading using opposite Regions Financial and Lippo Malls positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Regions Financial position performs unexpectedly, Lippo Malls 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 Lippo Malls will offset losses from the drop in Lippo Malls' long position.| Regions Financial vs. Huntington Bancshares Incorporated | Regions Financial vs. Fifth Third Bancorp | Regions Financial vs. MT Bank | Regions Financial vs. Citizens Financial Group, |
| Lippo Malls vs. Invesque | Lippo Malls vs. Canadian Net Real | Lippo Malls vs. Parkit Enterprise | Lippo Malls vs. Capital Properties |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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