Life360 Competitors
| LIF Stock | 57.29 1.62 2.75% |
Life360 Common vs WixCom Correlation
Very weak diversification
The correlation between Life360 Common Stock and WIX is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Life360 Common Stock and WIX in the same portfolio, assuming nothing else is changed.
Moving against Life360 Stock
Life360 Common Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Life360 Common and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Life360 and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Life360 Common Stock does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Life360 Stock performing well and Life360 Common 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 Life360 Common'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 Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVLT | 2.08 | (0.64) | 0.00 | 1.30 | 0.00 | 2.42 | 35.55 | |||
| SRAD | 1.57 | (0.61) | 0.00 | (1.52) | 0.00 | 2.44 | 10.47 | |||
| MTCH | 1.08 | (0.10) | 0.00 | (0.09) | 0.00 | 2.56 | 7.35 | |||
| APPF | 1.59 | (0.41) | 0.00 | (0.30) | 0.00 | 3.09 | 12.94 | |||
| LYFT | 2.39 | (0.31) | 0.00 | (0.21) | 0.00 | 3.73 | 14.46 | |||
| PCTY | 1.45 | (0.20) | 0.00 | (0.15) | 0.00 | 3.51 | 11.01 | |||
| NICE | 1.73 | (0.36) | 0.00 | (0.31) | 0.00 | 3.22 | 18.80 | |||
| DSGX | 1.50 | (0.38) | 0.00 | (0.43) | 0.00 | 2.02 | 19.62 | |||
| DBX | 1.34 | (0.21) | 0.00 | (0.45) | 0.00 | 2.53 | 15.22 | |||
| WIX | 2.44 | (0.68) | 0.00 | (0.91) | 0.00 | 5.78 | 27.47 |
Life360 Common Competitive Analysis
The better you understand Life360 Common competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Life360 Common's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Life360 Common's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Life360 Common Competition Performance Charts
Five steps to successful analysis of Life360 Common Competition
Life360 Common's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Life360 Common Stock in relation to its competition. Life360 Common's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Life360 Common in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Life360 Common's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Life360 Common Stock, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Life360 Common Correlation with its peers. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Can Application Software industry sustain growth momentum? Does Life360 have expansion opportunities? Factors like these will boost the valuation of Life360 Common. Expected growth trajectory for Life360 significantly influences the price investors are willing to assign. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Life360 Common demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Life360 Common Stock's market price often diverges from its book value, the accounting figure shown on Life360's balance sheet. Smart investors calculate Life360 Common's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Life360 Common's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Life360 Common's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Life360 Common represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Life360 Common'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.