Liberty Latin Correlations

LILAK Stock

USD 6.13 0.20 3.16%

The current 90-days correlation between Liberty Latin America and Liberty Global PLC is 0.22 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Latin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Latin America moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Liberty Latin Correlation With Market

Significant diversification

The correlation between Liberty Latin America and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Latin America 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 Liberty Latin America. 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 together with Liberty Stock

0.72	IAS	Integral Ad Science	Pair Corr
0.68	NXST	Nexstar Broadcasting	Pair Corr
0.75	QMMM	QMMM Holdings Limited	Pair Corr
0.67	GSMGW	Glory Star New	Pair Corr

Moving against Liberty Stock

0.86	MGNI	Magnite	Pair Corr
0.8	DIS	Walt Disney Earnings Call This Week	Pair Corr
0.72	NCTY	The9 Ltd ADR	Pair Corr
0.69	SE	Sea	Pair Corr
0.66	ICLK	iClick Interactive Asia	Pair Corr
0.63	EEX	Emerald Expositions	Pair Corr
0.6	CTV	Innovid Corp	Pair Corr
0.49	MCHX	Marchex	Pair Corr
0.35	EVC	Entravision Communications	Pair Corr
0.33	SJ	Scienjoy Holding Corp	Pair Corr
0.31	WIMI	WiMi Hologram Cloud	Pair Corr
0.76	Z	Zillow Group Class	Pair Corr
0.75	OB	Outbrain	Pair Corr
0.62	YY	YY Inc Class	Pair Corr
0.52	QNST	QuinStreet Earnings Call This Week	Pair Corr
0.44	EB	Eventbrite Class A	Pair Corr
0.39	T	ATT Inc Earnings Call This Week	Pair Corr

Related Correlations Analysis

	LBTYK	LBTYA	LBRDA	SHEN	LBTYB	LILA	LBRDK	CABO	LBRDP	TLK
LBTYK		-0.44	0.31	0.74	0.75	0.92	0.31	0.0	-0.51	0.7	LBTYK
LBTYA	-0.44		-0.24	-0.09	-0.61	-0.61	-0.25	0.51	0.0	-0.24	LBTYA
LBRDA	0.31	-0.24		0.49	0.62	0.46	1.0	0.62	-0.7	0.3	LBRDA
SHEN	0.74	-0.09	0.49		0.69	0.69	0.49	0.5	-0.8	0.55	SHEN
LBTYB	0.75	-0.61	0.62	0.69		0.83	0.61	0.13	-0.62	0.57	LBTYB
LILA	0.92	-0.61	0.46	0.69	0.83		0.46	-0.03	-0.51	0.74	LILA
LBRDK	0.31	-0.25	1.0	0.49	0.61	0.46		0.62	-0.7	0.3	LBRDK
CABO	0.0	0.51	0.62	0.5	0.13	-0.03	0.62		-0.68	0.06	CABO
LBRDP	-0.51	0.0	-0.7	-0.8	-0.62	-0.51	-0.7	-0.68		-0.45	LBRDP
TLK	0.7	-0.24	0.3	0.55	0.57	0.74	0.3	0.06	-0.45		TLK
	LBTYK	LBTYA	LBRDA	SHEN	LBTYB	LILA	LBRDK	CABO	LBRDP	TLK

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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

LBRDK	+ 1.0	LBRDA
LILA	+ 0.92	LBTYK
LILA	+ 0.83	LBTYB
LBTYB	+ 0.75	LBTYK
SHEN	+ 0.74	LBTYK
TLK	+ 0.74	LILA

High negative correlations

LBRDP	- 0.8	SHEN
LBRDP	- 0.7	LBRDK
LBRDP	- 0.7	LBRDA
LBRDP	- 0.68	CABO
LBRDP	- 0.62	LBTYB
LILA	- 0.61	LBTYA

Risk-Adjusted Indicators

There is a big difference between Liberty Stock performing well and Liberty Latin 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 Liberty Latin'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
LBTYK	2.29	(0.62)	0.00	2.21	0.00	0.00	3.64	(3.21)	50.60
LBTYA	1.60	0.11	0.03	0.46	1.75	(1.96)	3.75	(2.92)	16.38
LBRDA	1.79	(0.11)	0.00	(0.17)	0.00	0.00	2.94	(4.35)	21.18
SHEN	2.13	(0.46)	0.00	(1.15)	0.00	0.00	3.28	(4.79)	25.16
LBTYB	6.15	(0.21)	0.00	(0.20)	0.00	0.00	13.58	(13.32)	47.46
LILA	2.19	(0.68)	0.00	(2.98)	0.00	0.00	4.10	(5.35)	24.77
LBRDK	1.77	(0.10)	0.00	(0.17)	0.00	0.00	2.75	(4.36)	20.75
CABO	1.98	(0.18)	0.00	(0.32)	0.00	0.00	4.12	(4.95)	19.02
LBRDP	0.57	0.11	0.05	(1.28)	0.59	(0.70)	1.20	(0.95)	6.54
TLK	1.56	(0.24)	0.00	(0.43)	0.00	0.00	3.10	(3.19)	10.63

Liberty Latin Corporate Management

Rocio Lorenzo	Senior Officer	Profile
Kunal Patel	IR Contact Officer	Profile
Brian Zook	Chief Officer	Profile
Aamir Hussain	Senior Officer	Profile
Vivek Khemka	Senior Residence	Profile
Inge Smidts	Senior Markets	Profile

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