Life360 Common Correlations
| LIF Stock | 57.85 0.56 0.98% |
The current 90-days correlation between Life360 Common Stock and CommVault Systems is 0.22 (i.e., Modest 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
Excellent diversification
The correlation between Life360 Common Stock and DJI is -0.58 (i.e., Excellent 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.
Moving together with Life360 Stock
| 0.85 | DT | Dynatrace Holdings LLC Earnings Call Tomorrow | PairCorr |
| 0.61 | DOCU | DocuSign | PairCorr |
| 0.81 | OTEX | Open Text Corp Earnings Call This Week | PairCorr |
| 0.84 | WKEY | Wisekey International | PairCorr |
| 0.93 | BSY | Bentley Systems | PairCorr |
| 0.73 | MRT | Marti Technologies | PairCorr |
| 0.66 | XNET | Xunlei Ltd Adr | PairCorr |
| 0.72 | SAP | SAP SE ADR | PairCorr |
| 0.75 | WCT | Wellchange Holdings | PairCorr |
| 0.78 | LMN | Lumine Group | PairCorr |
| 0.69 | MYSE | Myseum Symbol Change | PairCorr |
| 0.68 | TOI | Topicus | PairCorr |
| 0.82 | PERF | Perfect Corp | PairCorr |
| 0.88 | AEYE | AudioEye | PairCorr |
| 0.86 | AMST | Amesite Operating | PairCorr |
| 0.76 | ARBE | Arbe Robotics | PairCorr |
| 0.8 | SMSI | Smith Micro Software | PairCorr |
| 0.81 | STEX | Streamex Corp Symbol Change | PairCorr |
Moving against Life360 Stock
| 0.87 | MGIC | Magic Software Enter | PairCorr |
| 0.77 | MTC | MMTEC Inc Upward Rally | PairCorr |
| 0.71 | API | Agora Inc | PairCorr |
| 0.67 | LTCH | Latch Inc | PairCorr |
| 0.67 | ONTF | ON24 Inc | PairCorr |
| 0.58 | MITK | Mitek Systems | PairCorr |
| 0.37 | U | Unity Software | PairCorr |
| 0.83 | TCX | Tucows Inc | PairCorr |
| 0.77 | NHYDY | Norsk Hydro ASA | PairCorr |
| 0.76 | MTSFY | Mitsui Fudosan Earnings Call This Week | PairCorr |
| 0.66 | LOVFF | Cannara Biotech | PairCorr |
| 0.6 | BWA | BorgWarner Earnings Call This Week | PairCorr |
| 0.59 | ALPRG | Prologue | PairCorr |
| 0.57 | ASML | ASML Holding NV | PairCorr |
| 0.47 | AXIN | Axiom Intelligence | 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
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVLT | 2.07 | (0.76) | 0.00 | (0.36) | 0.00 | 2.42 | 35.55 | |||
| SRAD | 1.57 | (0.61) | 0.00 | (3.14) | 0.00 | 2.44 | 10.47 | |||
| MTCH | 1.08 | (0.07) | 0.00 | (1.23) | 0.00 | 2.56 | 7.35 | |||
| APPF | 1.64 | (0.38) | 0.00 | (0.25) | 0.00 | 3.09 | 16.26 | |||
| LYFT | 2.39 | (0.26) | 0.00 | 1.34 | 0.00 | 3.73 | 14.46 | |||
| PCTY | 1.43 | (0.18) | 0.00 | (0.12) | 0.00 | 3.51 | 11.01 | |||
| NICE | 1.74 | (0.36) | 0.00 | (0.29) | 0.00 | 3.22 | 18.80 | |||
| DSGX | 1.52 | (0.44) | 0.00 | (0.57) | 0.00 | 2.02 | 19.62 | |||
| DBX | 1.34 | (0.21) | 0.00 | (0.44) | 0.00 | 2.53 | 15.22 | |||
| WIX | 2.47 | (0.76) | 0.00 | (1.26) | 0.00 | 5.78 | 27.47 |
Life360 Common Corporate Management
| Justin Moore | Chief Officer | Profile | |
| James Selby | Chief Officer | Profile | |
| Matthew Cullen | General Secretary | Profile | |
| Paul Leitner | Deputy Counsel | Profile |