Liberty Broadband Correlations
| 8L8C Stock | EUR 77.50 0.50 0.65% |
The current 90-days correlation between Liberty Broadband and Air Transport Services is -0.14 (i.e., Good diversification). The correlation of Liberty Broadband is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Liberty Broadband Correlation With Market
Average diversification
The correlation between Liberty Broadband and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Broadband and DJI in the same portfolio, assuming nothing else is changed.
Liberty |
The ability to find closely correlated positions to Liberty Broadband could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Broadband 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 Liberty Broadband - 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 Liberty Broadband to buy it.
Moving together with Liberty Stock
| 0.73 | 8L8 | Liberty Broadband | PairCorr |
| 0.76 | IVSB | INVESTOR -B- | PairCorr |
| 0.64 | QCG | CALTAGIRONE SPA EO | PairCorr |
| 0.72 | SLW1 | Swiss Life Holding | PairCorr |
| 0.65 | FB1 | Farmer Bros | PairCorr |
| 0.64 | ROI | Rosenbauer International | PairCorr |
| 0.74 | HCW | Welltower | PairCorr |
| 0.65 | KONN | Komercn banka as | PairCorr |
| 0.68 | RAW | Raiffeisen Bank Inte | PairCorr |
| 0.63 | 7FM | FINORE MINING | PairCorr |
Moving against Liberty Stock
| 0.51 | BUU | DevEx Resources | PairCorr |
| 0.33 | WIG1 | Sporttotal AG | PairCorr |
| 0.66 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.49 | HDMA | Honda Motor | PairCorr |
| 0.31 | FMV | First Majestic Silver | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Liberty Stock performing well and Liberty Broadband 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 Liberty Broadband'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SCG | 0.99 | (0.11) | 0.00 | 0.25 | 0.00 | 2.13 | 21.57 | |||
| ML2 | 0.89 | (0.15) | 0.00 | (2.87) | 0.00 | 0.00 | 36.98 | |||
| SCG | 0.71 | (0.02) | 0.00 | 1.33 | 0.00 | 1.39 | 6.51 | |||
| AW8 | 0.34 | (0.02) | 0.00 | (0.79) | 0.00 | 0.96 | 3.79 | |||
| ZYR1 | 3.16 | 0.01 | 0.01 | (0.02) | 3.82 | 7.43 | 27.35 | |||
| PCHP | 2.92 | (0.67) | 0.00 | 1.07 | 0.00 | 5.16 | 23.81 | |||
| 3FNA | 3.36 | 0.24 | 0.06 | 6.63 | 3.93 | 9.60 | 22.54 | |||
| WIJ | 2.39 | (0.19) | 0.00 | (0.80) | 0.00 | 5.68 | 24.13 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Liberty Broadband without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Liberty Broadband Corporate Management
Elected by the shareholders, the Liberty Broadband's board of directors comprises two types of representatives: Liberty Broadband inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Liberty. The board's role is to monitor Liberty Broadband's management team and ensure that shareholders' interests are well served. Liberty Broadband's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Liberty Broadband's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ben Oren | Ex Treasurer | Profile | |
| Albert Rosenthaler | Chief Corporate Development Officer | Profile | |
| Christopher Shean | Advisor | Profile | |
| Renee JD | Chief Officer | Profile | |
| Brian Wendling | Chief Officer | Profile | |
| Katherine Jewell | Assistant Sec | Profile |