IAC Correlations

IAC Stock

USD 47.73 0.01 0.02%

The current 90-days correlation between IAC Inc and Yelp Inc is -0.27 (i.e., Very good diversification). The correlation of IAC 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.

IAC Correlation With Market

Very weak diversification

The correlation between IAC Inc and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IAC Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IAC Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving against IAC Stock

0.42	FVRR	Fiverr International	Pair Corr
0.37	YELP	Yelp Inc	Pair Corr
0.36	GENI	Genius Sports	Pair Corr
0.33	MNYWW	MoneyHero Limited	Pair Corr
0.46	BZFDW	BuzzFeed	Pair Corr
0.44	OPRA	Opera	Pair Corr
0.33	ONFO	Onfolio Holdings	Pair Corr

Related Correlations Analysis

	YELP	GRPN	OB	KIND	TWLO	FVRR	PINS	SPOT	TBLA	ANGI
YELP		-0.27	0.55	0.42	0.74	0.6	-0.17	0.71	-0.15	-0.61	YELP
GRPN	-0.27		0.3	0.13	-0.55	-0.14	0.03	-0.72	0.19	0.61	GRPN
OB	0.55	0.3		0.26	0.12	0.34	-0.3	0.1	-0.27	-0.16	OB
KIND	0.42	0.13	0.26		0.31	0.34	0.52	0.25	0.18	0.1	KIND
TWLO	0.74	-0.55	0.12	0.31		0.7	-0.11	0.89	-0.06	-0.75	TWLO
FVRR	0.6	-0.14	0.34	0.34	0.7		-0.31	0.57	-0.37	-0.43	FVRR
PINS	-0.17	0.03	-0.3	0.52	-0.11	-0.31		-0.1	0.39	0.26	PINS
SPOT	0.71	-0.72	0.1	0.25	0.89	0.57	-0.1		-0.07	-0.8	SPOT
TBLA	-0.15	0.19	-0.27	0.18	-0.06	-0.37	0.39	-0.07		0.11	TBLA
ANGI	-0.61	0.61	-0.16	0.1	-0.75	-0.43	0.26	-0.8	0.11		ANGI
	YELP	GRPN	OB	KIND	TWLO	FVRR	PINS	SPOT	TBLA	ANGI

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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

SPOT	+ 0.89	TWLO
TWLO	+ 0.74	YELP
SPOT	+ 0.71	YELP
FVRR	+ 0.7	TWLO
ANGI	+ 0.61	GRPN
FVRR	+ 0.6	YELP

High negative correlations

ANGI	- 0.8	SPOT
ANGI	- 0.75	TWLO
SPOT	- 0.72	GRPN
ANGI	- 0.61	YELP
TWLO	- 0.55	GRPN
ANGI	- 0.43	FVRR

Risk-Adjusted Indicators

There is a big difference between IAC Stock performing well and IAC 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 IAC'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
YELP	1.21	0.08	(0.01)	(0.68)	1.38	(1.37)	2.91	(2.34)	8.65
GRPN	3.56	(0.68)	0.00	(0.48)	0.00	0.00	7.30	(7.21)	37.96
OB	1.78	(0.09)	(0.02)	0.03	2.07	(1.95)	3.67	(3.96)	12.83
KIND	2.11	(0.13)	(0.02)	0.01	2.56	(2.52)	4.60	(3.00)	18.10
TWLO	1.58	0.70	0.40	1.13	1.13	(2.03)	3.52	(2.49)	17.01
FVRR	2.38	0.22	0.08	0.29	2.64	(2.55)	4.93	(3.62)	23.04
PINS	1.64	(0.17)	0.00	(0.11)	0.00	0.00	2.79	(3.30)	17.91
SPOT	1.42	0.41	0.22	0.59	1.31	(1.60)	3.08	(2.29)	15.46
TBLA	1.80	(0.07)	(0.02)	0.03	2.22	(2.10)	4.46	(3.57)	15.35
ANGI	2.59	(0.43)	0.00	(0.19)	0.00	0.00	4.38	(4.03)	33.00

IAC Corporate Management

Lauren Geer	Senior Officer	Profile
Christopher Halpin	Ex CFO	Profile
Valerie Combs	Senior Communications	Profile
Shruti Chaudhari	Senior Audit	Profile
Joanne Hawkins	Sr Counsel	Profile

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