Liberty Media Correlations
| LSXMBDelisted Stock | USD 22.51 0.00 0.00% |
The current 90-days correlation between Liberty Media and Liberty Media is 0.22 (i.e., Modest diversification). The correlation of Liberty Media 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.
Liberty Media Correlation With Market
Good diversification
The correlation between Liberty Media and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Media and DJI in the same portfolio, assuming nothing else is changed.
Liberty |
Moving together with Liberty Stock
| 0.63 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.74 | HD | Home Depot | PairCorr |
| 0.7 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
Moving against Liberty Stock
| 0.74 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.48 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.35 | SHG | Shinhan Financial | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Liberty Stock performing well and Liberty Media 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 Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LSXMK | 1.42 | 0.12 | (0.01) | (0.42) | 1.75 | 2.96 | 6.73 | |||
| SSP | 4.90 | (0.03) | 0.03 | 0.11 | 7.82 | 10.66 | 59.20 | |||
| LPTV | 9.23 | (1.17) | 0.00 | (0.89) | 0.00 | 16.67 | 93.46 | |||
| GTN | 2.66 | (0.22) | 0.00 | (0.03) | 0.00 | 5.37 | 36.50 | |||
| LSXMA | 1.45 | 0.11 | (0.02) | (0.35) | 1.81 | 2.87 | 6.62 | |||
| SGA | 1.11 | (0.23) | 0.00 | (0.35) | 0.00 | 2.87 | 7.82 | |||
| CMLS | 2.95 | (1.17) | 0.00 | (5.57) | 0.00 | 4.62 | 26.58 | |||
| IHRT | 5.04 | 0.88 | 0.16 | 3.24 | 4.21 | 12.67 | 30.98 | |||
| EMMS | 2.06 | 0.59 | 0.00 | (1.53) | 0.00 | 6.33 | 51.85 | |||
| BBGI | 3.18 | (0.59) | 0.00 | 1.28 | 0.00 | 5.40 | 29.56 |
View Liberty Media Related Equities
| Risk & Return | Correlation |
Still Interested in Liberty Media?
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