LivePerson Correlations

LivePerson Correlation With Market

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LivePerson. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. To learn how to invest in LivePerson Stock, please use our How to Invest in LivePerson guide.

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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    ENV + 0.78 EXFY ENV + 0.77 DOMO DOMO + 0.64 ENFN DOMO + 0.62 EXFY ASUR + 0.46 ENFN EXFY + 0.44 ENFN

High negative correlations    CALX - 0.76 EXFY ENV - 0.75 CALX CALX - 0.71 DOMO ETWO - 0.68 DOMO ETWO - 0.57 ENFN ENV - 0.44 ETWO

Risk-Adjusted Indicators

There is a big difference between LivePerson Stock performing well and LivePerson 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 LivePerson'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.