Liberty Braves Correlations
| BATRBDelisted Stock | USD 47.00 0.00 0.00% |
The current 90-days correlation between Liberty Braves and Fox Corp Class is 0.1 (i.e., Average diversification). The correlation of Liberty Braves 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 Braves Correlation With Market
Good diversification
The correlation between The Liberty Braves and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding The Liberty Braves and DJI in the same portfolio, assuming nothing else is changed.
Liberty |
The ability to find closely correlated positions to Liberty Braves 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 Braves 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 Braves - 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 The Liberty Braves to buy it.
Moving together with Liberty Pink Sheet
| 0.63 | AMIX | Autonomix Medical, Common | PairCorr |
| 0.62 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Liberty Pink Sheet
| 0.72 | LYV | Live Nation Entertainment | PairCorr |
| 0.7 | CMWCF | Cromwell Property | PairCorr |
| 0.67 | CICHF | China Construction Bank | PairCorr |
| 0.6 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.57 | FWONA | Liberty Media | PairCorr |
| 0.54 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.53 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.5 | FOX | Fox Corp Class | PairCorr |
| 0.48 | FWONK | Liberty Media | PairCorr |
| 0.39 | PBMRF | PT Bumi Resources Earnings Call Tomorrow | PairCorr |
| 0.34 | WBD | Warner Bros Discovery Aggressive Push | PairCorr |
| 0.87 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.83 | HD | Home Depot | PairCorr |
| 0.79 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.78 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.75 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.74 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.69 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.69 | HPQ | HP Inc | PairCorr |
| 0.64 | WMT | Walmart Aggressive Push | PairCorr |
| 0.59 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.57 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.5 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.36 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | 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 Pink Sheet performing well and Liberty Braves 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 Braves' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGAEW | 11.47 | (0.10) | 0.00 | 0.15 | 0.00 | 25.00 | 83.33 | |||
| APHP | 3.13 | 0.64 | 0.09 | 1.09 | 2.56 | 11.11 | 34.09 | |||
| ANGHW | 13.34 | 2.90 | 0.19 | 1.19 | 11.20 | 49.50 | 112.22 | |||
| AFTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BLIAQ | 17.15 | 4.80 | 0.12 | 1.22 | 15.06 | 82.61 | 304.58 | |||
| QYOUF | 4.78 | (0.10) | (0.01) | (0.01) | 6.04 | 15.71 | 40.37 | |||
| CJREF | 2.44 | 0.35 | 0.05 | (0.55) | 2.34 | 7.37 | 24.19 | |||
| FOXA | 0.92 | 0.11 | 0.06 | 0.30 | 0.80 | 2.67 | 8.19 | |||
| PARAA | 0.72 | (0.14) | 0.00 | (0.55) | 0.00 | 1.28 | 8.32 |
Liberty Braves Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Liberty Braves pink sheet to make a market-neutral strategy. Peer analysis of Liberty Braves could also be used in its relative valuation, which is a method of valuing Liberty Braves by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in The Liberty Braves?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.