Liberty Tri Correlations

Summary

LTRPADelisted Stock

USD 0.76 0.04 5.00%

The current 90-days correlation between Liberty Tri and Vivid Seats is 0.2 (i.e., Modest diversification). The correlation of Liberty Tri 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 Tri Correlation With Market

Good diversification

The correlation between Liberty Tri and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Tri and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Liberty Stock

0.67	OB	Outbrain	Pair Corr
0.64	FVRR	Fiverr International	Pair Corr
0.76	GENI	Genius Sports	Pair Corr
0.66	BZFDW	BuzzFeed	Pair Corr

Moving against Liberty Stock

0.77	GETY	Getty Images Holdings	Pair Corr
0.72	IAC	IAC Inc	Pair Corr
0.66	MAX	MediaAlpha	Pair Corr
0.62	FENG	Phoenix New Media	Pair Corr
0.57	TC	TuanChe ADR	Pair Corr
0.57	GROM	Grom Social Enterprises	Pair Corr
0.75	MTCH	Match Group	Pair Corr
0.67	MATH	Metalpha Technology	Pair Corr
0.59	PINS	Pinterest	Pair Corr
0.56	KRKR	36Kr Holdings	Pair Corr
0.54	ZDGE	Zedge Inc	Pair Corr
0.44	RIME	Algorhythm Holdings, Symbol Change	Pair Corr
0.4	MOMO	Hello Group Earnings Call This Week	Pair Corr

Related Correlations Analysis

	MAX	SEAT	CMCM	ATHM	AREN	THRY	ZH	SCOR	LTRPB
MAX		0.35	-0.34	0.36	-0.47	0.74	0.12	-0.12	-0.57	MAX
SEAT	0.35		-0.64	-0.52	-0.28	0.47	-0.51	-0.21	-0.22	SEAT
CMCM	-0.34	-0.64		0.45	0.16	-0.53	0.7	-0.03	0.47	CMCM
ATHM	0.36	-0.52	0.45		-0.24	0.06	0.8	-0.06	-0.22	ATHM
AREN	-0.47	-0.28	0.16	-0.24		-0.31	0.01	0.65	0.04	AREN
THRY	0.74	0.47	-0.53	0.06	-0.31		-0.12	0.1	-0.76	THRY
ZH	0.12	-0.51	0.7	0.8	0.01	-0.12		0.13	-0.06	ZH
SCOR	-0.12	-0.21	-0.03	-0.06	0.65	0.1	0.13		-0.39	SCOR
LTRPB	-0.57	-0.22	0.47	-0.22	0.04	-0.76	-0.06	-0.39		LTRPB
	MAX	SEAT	CMCM	ATHM	AREN	THRY	ZH	SCOR	LTRPB

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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

ZH	+ 0.8	ATHM
THRY	+ 0.74	MAX
ZH	+ 0.7	CMCM
SCOR	+ 0.65	AREN
THRY	+ 0.47	SEAT
LTRPB	+ 0.47	CMCM

High negative correlations

LTRPB	- 0.76	THRY
CMCM	- 0.64	SEAT
LTRPB	- 0.57	MAX
THRY	- 0.53	CMCM
ATHM	- 0.52	SEAT
ZH	- 0.51	SEAT

Risk-Adjusted Indicators

There is a big difference between Liberty Stock performing well and Liberty Tri 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 Tri'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
MAX	2.70	(0.49)	0.00	(0.34)	0.00	0.00	4.70	(5.09)	35.30
SEAT	2.76	(0.52)	0.00	(0.37)	0.00	0.00	4.99	(6.15)	14.66
CMCM	3.94	0.62	0.13	1.49	4.11	(4.73)	9.67	(7.53)	26.43
ATHM	1.76	0.13	0.02	1.18	2.02	(1.97)	3.42	(3.80)	11.76
AREN	7.39	2.71	0.36	(0.62)	4.27	(12.18)	8.00	(8.51)	221.79
THRY	2.17	(0.32)	0.00	(0.10)	0.00	0.00	3.75	(3.23)	25.72
ZH	3.05	0.20	0.06	0.29	3.10	(3.93)	6.67	(5.09)	23.67
SCOR	3.71	0.30	0.08	0.41	3.50	(4.64)	6.45	(5.73)	48.70
LTRPB	4.35	0.97	0.16	1.73	3.84	(6.96)	13.41	(7.82)	54.13

Liberty Tri 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 Liberty Tri stock to make a market-neutral strategy. Peer analysis of Liberty Tri could also be used in its relative valuation, which is a method of valuing Liberty Tri by comparing valuation metrics with similar companies.

MediaAlpha Vivid Seats Cheetah Mobile Autohome Arena Group Holdings Thryv Holdings Zhihu Inc ADR Comscore Liberty Tripadvisor Holdings Enthusiast Gaming Holdings American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup

Risk & Return

Correlation

Liberty Tri Corporate Management

Ben Oren	Ex Treasurer	Profile
Renee JD	Chief Officer	Profile
Michael Hurelbrink	Assistant Sec	Profile
Wade Haufschild	VP	Profile

Still Interested in Liberty Tri?

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.

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