Lands End Correlations

LE
 Stock
  

USD 16.59  0.47  2.92%   

The correlation of Lands End is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lands End moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lands End moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Additionally, see Stocks Correlation.
  
The ability to find closely correlated positions to Lands End could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lands End when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lands End - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lands End to buy it.

Moving together with Lands End

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Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
AADD
JPMDD
AAJPM
PFEMRK
CSCOPG
PFEJPM
  
High negative correlations   
VZBA
BAAA
CSCOVZ
BADD
BAJPM
MRKDD

Lands End Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Lands End stock performing well and Lands End company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Lands End's multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
DD 1.63 (0.08) (0.03)  0.01  1.96 (0.0284) (1.81)  3.56 (3.21)  9.48 
JPM 1.45 (0.02) (0.01)  0.05  1.52 (0.0055) (1.78)  3.03 (2.34)  10.79 
AA 2.97 (0.16)  0.00 (0.01)  0.00 (0.0262)  0.00  5.50 (5.50)  17.64 
MRK 1.00  0.04  0.00  0.17  1.21 (0.0045) (1.05)  2.11 (2.50)  6.96 
PG 1.24 (0.12)  0.00 (0.10)  0.00 (0.08)  0.00  2.29 (2.67)  9.21 
BA 2.51  0.30  0.12  0.26  2.52  0.10 (3.17)  6.45 (4.95)  16.31 
VZ 0.92 (0.10)  0.00 (0.22)  0.00 (0.11)  0.00  1.79 (2.43)  10.04 
CSCO 1.37 (0.14)  0.00 (0.06)  0.00 (0.06)  0.00  2.73 (1.76)  17.00 
PFE 1.31 (0.01) (0.01)  0.06  1.73 (0.0143) (1.25)  3.00 (3.17)  7.74 

Similar Equity Warning - LE

Lands End was forked

The entity Lands End with a symbol LE was recently forked. You can potentially use LANDS END INC with a symbol LE1 from now on.

Lands End Corporate Directors

Lands End corporate directors refer to members of a Lands End board of directors. The board of directors generally takes responsibility for the Lands End's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lands End's board members must vote for the resolution. The Lands End board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jonah Staw - DirectorProfile
John McClain - Independent DirectorProfile
Robert Bowman - DirectorProfile
Jignesh Patel - DirectorProfile

Invested in Lands End?

You need to understand the risk of investing before taking a position in Lands End. The danger of trading Lands End is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lands End is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lands End. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lands End is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Lands End information on this page should be used as a complementary analysis to other Lands End's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Lands Stock analysis

When running Lands End price analysis, check to measure Lands End's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lands End is operating at the current time. Most of Lands End's value examination focuses on studying past and present price action to predict the probability of Lands End's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lands End's price. Additionally, you may evaluate how the addition of Lands End to your portfolios can decrease your overall portfolio volatility.
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Is Lands End's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lands End. If investors know Lands will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lands End listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.65
Market Capitalization
538.6 M
Quarterly Revenue Growth YOY
-0.055
Return On Assets
0.0421
Return On Equity
0.0738
The market value of Lands End is measured differently than its book value, which is the value of Lands that is recorded on the company's balance sheet. Investors also form their own opinion of Lands End's value that differs from its market value or its book value, called intrinsic value, which is Lands End's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lands End's market value can be influenced by many factors that don't directly affect Lands End's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lands End's value and its price as these two are different measures arrived at by different means. Investors typically determine Lands End value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lands End's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.