Livent Corp Correlations
| LTHMDelisted Stock | USD 24.95 1.05 4.04% |
The current 90-days correlation between Livent Corp and Alto Ingredients is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Livent Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Livent Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Livent Corp Correlation With Market
Good diversification
The correlation between Livent Corp and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Livent Corp and DJI in the same portfolio, assuming nothing else is changed.
Livent |
Moving together with Livent Stock
| 0.72 | ATCOL | Atlas Corp | PairCorr |
| 0.81 | PCTTW | PureCycle Technologies Upward Rally | PairCorr |
| 0.76 | ASTSW | AST SpaceMobile | PairCorr |
| 0.61 | MUFG | Mitsubishi UFJ Financial Sell-off Trend | PairCorr |
| 0.7 | SSNLF | Samsung Electronics | PairCorr |
| 0.81 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.78 | WMT | Walmart Aggressive Push | PairCorr |
| 0.73 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.68 | HD | Home Depot | PairCorr |
| 0.62 | HPQ | HP Inc | PairCorr |
| 0.79 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.74 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.65 | DIS | Walt Disney Aggressive Push | PairCorr |
Moving against Livent Stock
| 0.82 | GOEVW | Canoo Holdings | PairCorr |
| 0.74 | CHKEZ | Chesapeake Energy Symbol Change | PairCorr |
| 0.7 | SHG | Shinhan Financial | PairCorr |
| 0.65 | CHKEL | Chesapeake Energy Symbol Change | PairCorr |
| 0.58 | MAPSW | WM Technology | PairCorr |
| 0.45 | CHKEW | Chesapeake Energy Symbol Change | PairCorr |
| 0.79 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.78 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.73 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.46 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.41 | PG | Procter Gamble | 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 Livent Stock performing well and Livent Corp 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 Livent Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ALB | 2.77 | 0.21 | 0.09 | 0.25 | 2.97 | 8.25 | 20.54 | |||
| LIN | 0.68 | (0.11) | 0.00 | (0.04) | 0.00 | 1.34 | 5.01 | |||
| APD | 0.91 | 0.27 | 0.18 | 1.17 | 0.54 | 1.90 | 10.91 | |||
| DD | 1.00 | (0.02) | (0.04) | 0.09 | 1.19 | 2.68 | 7.46 | |||
| SQM | 2.16 | (0.01) | (0.02) | 0.10 | 2.72 | 4.15 | 15.14 | |||
| SHW | 0.90 | 0.05 | 0.00 | 0.21 | 1.15 | 2.19 | 7.77 | |||
| PPG | 0.78 | (0.11) | 0.00 | (0.04) | 0.00 | 1.19 | 8.06 | |||
| ECL | 0.73 | (0.07) | (0.13) | (0.02) | 0.95 | 1.43 | 4.42 | |||
| LYB | 0.87 | (0.30) | 0.00 | (0.22) | 0.00 | 1.98 | 5.41 | |||
| AMRS | 6.88 | 0.67 | 0.06 | (0.71) | 7.00 | 16.85 | 37.05 |
Livent Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Livent Corp stock to make a market-neutral strategy. Peer analysis of Livent Corp could also be used in its relative valuation, which is a method of valuing Livent Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Livent Corp Corporate Management
| Pablo Marcet | Independent Director | Profile | |
| Robert Pallash | Independent Director | Profile | |
| Andrea Utecht | Director | Profile | |
| Sara Ponessa | Vice President General Counsel, Secretary | Profile | |
| Christina Lampeonnerud | Independent Director | Profile | |
| Barbara Fochtman | Chief Officer | Profile |
Still Interested in Livent Corp?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.