Life360 Common Correlations

LIF Stock   48.22  1.25  2.66%   
The current 90-days correlation between Life360 Common Stock and Lam Research Corp is 0.15 (i.e., Average 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

Pay attention - limited upside

The correlation between Life360 Common Stock and DJI is -0.71 (i.e., Pay attention - limited upside) 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Life360 Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Life360 Stock

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  0.84DT Dynatrace Holdings LLCPairCorr
  0.6335U PAR TECHNOLOGY DL Earnings Call This WeekPairCorr
  0.73MQ Marqeta Earnings Call Next WeekPairCorr
  0.8PD PagerdutyPairCorr
  0.85VS Versus SystemsPairCorr
  0.86WK WorkivaPairCorr
  0.82DMRC Digimarc Earnings Call Next WeekPairCorr
  0.61RM RM PlcPairCorr
  0.832TY PagerDutyPairCorr
  0.83DOCU DocuSignPairCorr
  0.91DOMO Domo Inc Buyout TrendPairCorr
  0.921Q5 DropboxPairCorr
  0.69VERI VeritonePairCorr
  0.73VERX Vertex Buyout TrendPairCorr
  0.776NCA NCINO INC DLPairCorr
  0.68DSGX Descartes SystemsPairCorr
  0.84LY0 Lyft IncPairCorr
  0.82DTCX Datacentrex Symbol ChangePairCorr

Moving against Life360 Stock

  0.89RNI OXFORD METRICS LSPairCorr
  0.71JG Aurora MobilePairCorr
  0.6560Z UNIFIEDPOST GRP SANV Earnings Call This WeekPairCorr
  0.62TRB Tribal Group plcPairCorr
  0.59DSG Dillistone Group PLCPairCorr
  0.57LUS1 Lang Schwarz AktiengPairCorr
  0.41XV7 SERESCO 16PairCorr
  0.37ZM Zoom Video Communications Earnings Call TomorrowPairCorr
  0.31NN Nextnav Acquisition CorpPairCorr
  0.76MKQ Mitek SystemsPairCorr
  0.789P CLAVISTER HOLDINGPairCorr

Related Correlations Analysis


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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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.

Life360 Common Corporate Management

Justin MooreChief OfficerProfile
James SelbyChief OfficerProfile
Matthew CullenGeneral SecretaryProfile
Paul LeitnerDeputy CounselProfile