Life360, Common Correlations
LIF Stock | 45.31 1.55 3.31% |
The current 90-days correlation between Life360, Common Stock and Vinci Partners Investments is 0.01 (i.e., Significant diversification). The correlation of Life360, Common 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.
Life360, Common Correlation With Market
Modest diversification
The correlation between Life360, Common Stock and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Life360, Common Stock and DJI in the same portfolio, assuming nothing else is changed.
Life360, |
Moving together with Life360, Stock
0.65 | DOMO | Domo Inc | PairCorr |
0.63 | ESTC | Elastic NV | PairCorr |
0.64 | API | Agora Inc Earnings Call Tomorrow | PairCorr |
Moving against Life360, Stock
Related Correlations Analysis
0.54 | 0.0 | 0.27 | 0.0 | 0.86 | ATEX | ||
0.54 | 0.0 | -0.2 | 0.0 | 0.44 | VINP | ||
0.0 | 0.0 | 0.0 | -1.0 | 0.0 | NWMH | ||
0.27 | -0.2 | 0.0 | 0.0 | 0.6 | PFX | ||
0.0 | 0.0 | -1.0 | 0.0 | 0.0 | SPMMF | ||
0.86 | 0.44 | 0.0 | 0.6 | 0.0 | ZH | ||
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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
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ATEX | 2.23 | 0.39 | 0.18 | 0.24 | 1.82 | 5.61 | 30.60 | |||
VINP | 1.13 | (0.06) | 0.00 | (0.12) | 0.00 | 2.23 | 8.17 | |||
NWMH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
PFX | 1.18 | 0.24 | 0.16 | (1.91) | 1.22 | 3.42 | 12.02 | |||
SPMMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
ZH | 2.74 | 0.73 | 0.30 | 1.20 | 2.05 | 7.40 | 18.63 |
Life360, Common Corporate Management
Lauren Antonoff | Chief Officer | Profile | |
Melissa Goodell | Executive Assistant | Profile | |
Justin Moore | Chief Officer | Profile | |
James Selby | Chief Officer | Profile | |
Susan Stick | General Secretary | Profile |