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.
Moving together with Life360 Stock
| 0.74 | U | Unity Software | PairCorr |
| 0.82 | BL | Blackline Sell-off Trend | PairCorr |
| 0.84 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.63 | 35U | PAR TECHNOLOGY DL Earnings Call This Week | PairCorr |
| 0.73 | MQ | Marqeta Earnings Call Next Week | PairCorr |
| 0.8 | PD | Pagerduty | PairCorr |
| 0.85 | VS | Versus Systems | PairCorr |
| 0.86 | WK | Workiva | PairCorr |
| 0.82 | DMRC | Digimarc Earnings Call Next Week | PairCorr |
| 0.61 | RM | RM Plc | PairCorr |
| 0.83 | 2TY | PagerDuty | PairCorr |
| 0.83 | DOCU | DocuSign | PairCorr |
| 0.91 | DOMO | Domo Inc Buyout Trend | PairCorr |
| 0.92 | 1Q5 | Dropbox | PairCorr |
| 0.69 | VERI | Veritone | PairCorr |
| 0.73 | VERX | Vertex Buyout Trend | PairCorr |
| 0.77 | 6NCA | NCINO INC DL | PairCorr |
| 0.68 | DSGX | Descartes Systems | PairCorr |
| 0.84 | LY0 | Lyft Inc | PairCorr |
| 0.82 | DTCX | Datacentrex Symbol Change | PairCorr |
Moving against Life360 Stock
| 0.89 | RNI | OXFORD METRICS LS | PairCorr |
| 0.71 | JG | Aurora Mobile | PairCorr |
| 0.65 | 60Z | UNIFIEDPOST GRP SANV Earnings Call This Week | PairCorr |
| 0.62 | TRB | Tribal Group plc | PairCorr |
| 0.59 | DSG | Dillistone Group PLC | PairCorr |
| 0.57 | LUS1 | Lang Schwarz Aktieng | PairCorr |
| 0.41 | XV7 | SERESCO 16 | PairCorr |
| 0.37 | ZM | Zoom Video Communications Earnings Call Tomorrow | PairCorr |
| 0.31 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.76 | MKQ | Mitek Systems | PairCorr |
| 0.7 | 89P | CLAVISTER HOLDING | PairCorr |
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
| High negative correlations
|
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SHOP | 2.66 | (0.40) | 0.00 | (0.12) | 0.00 | 5.67 | 15.50 | |||
| UBER | 1.61 | (0.41) | 0.00 | (0.51) | 0.00 | 2.46 | 11.09 | |||
| APP | 3.92 | (0.47) | 0.00 | (0.14) | 0.00 | 7.44 | 32.87 | |||
| INTU | 1.99 | (0.98) | 0.00 | (0.69) | 0.00 | 2.74 | 15.22 | |||
| MU | 3.48 | 0.87 | 0.25 | 0.67 | 3.08 | 9.94 | 20.06 | |||
| NOW | 2.17 | (0.73) | 0.00 | (1.08) | 0.00 | 2.69 | 13.48 | |||
| IBM | 1.74 | (0.49) | 0.00 | (0.17) | 0.00 | 2.62 | 18.28 | |||
| CSCO | 1.24 | (0.06) | (0.02) | 0.03 | 2.52 | 2.96 | 15.57 | |||
| LRCX | 2.58 | 0.69 | 0.24 | 0.45 | 2.73 | 7.00 | 17.49 |
Life360 Common Corporate Management
| Justin Moore | Chief Officer | Profile | |
| James Selby | Chief Officer | Profile | |
| Matthew Cullen | General Secretary | Profile | |
| Paul Leitner | Deputy Counsel | Profile |