Liberty Tripadvisor Correlations
| LTRPBDelisted Stock | USD 37.63 1.00 2.73% |
The current 90-days correlation between Liberty Tripadvisor and Cheetah Mobile is -0.1 (i.e., Good diversification). The correlation of Liberty Tripadvisor 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 Tripadvisor Correlation With Market
Good diversification
The correlation between Liberty Tripadvisor Holdings and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Tripadvisor Holdings and DJI in the same portfolio, assuming nothing else is changed.
Liberty |
Moving together with Liberty Stock
| 0.89 | DJT | Trump Media Technology Symbol Change | PairCorr |
| 0.89 | DJTWW | Trump Media Technology Symbol Change | PairCorr |
| 0.71 | GOOG | Alphabet Class C | PairCorr |
| 0.73 | IZEA | IZEA Inc | PairCorr |
Moving against Liberty Stock
| 0.82 | TC | TuanChe ADR | PairCorr |
| 0.82 | EVER | EverQuote Class A | PairCorr |
| 0.76 | GROM | Grom Social Enterprises | PairCorr |
| 0.74 | GIFT | RDE, Inc Symbol Change | PairCorr |
| 0.47 | YY | YY Inc Class Earnings Call This Week | PairCorr |
| 0.43 | FENG | Phoenix New Media | PairCorr |
| 0.39 | GRPN | Groupon | PairCorr |
| 0.38 | MAX | MediaAlpha | PairCorr |
| 0.37 | IAC | IAC Inc | PairCorr |
| 0.79 | RIME | Algorhythm Holdings, Symbol Change | PairCorr |
| 0.63 | ZDGE | Zedge Inc | PairCorr |
| 0.56 | SEATW | Vivid Seats Warrant | PairCorr |
| 0.55 | KRKR | 36Kr Holdings | PairCorr |
| 0.37 | MTCH | Match Group | PairCorr |
| 0.33 | SFUNY | Fang Holdings | 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 Tripadvisor 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 Tripadvisor'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SCOR | 3.61 | 0.15 | 0.04 | 0.27 | 3.62 | 6.45 | 48.70 | |||
| CMCM | 3.86 | 0.32 | 0.05 | 1.70 | 4.20 | 9.14 | 26.43 | |||
| PGRU | 0.14 | 0.00 | (0.49) | 0.22 | 0.08 | 0.30 | 1.06 | |||
| EVER | 3.01 | (0.34) | 0.00 | (0.01) | 0.00 | 7.41 | 21.16 | |||
| ONFO | 5.07 | 0.58 | 0.08 | (7.00) | 5.44 | 9.71 | 39.43 | |||
| SEAT | 2.78 | (0.42) | 0.00 | (0.23) | 0.00 | 5.65 | 18.24 | |||
| ASST | 8.03 | 0.35 | 0.00 | (0.04) | 9.10 | 29.76 | 101.83 | |||
| MAX | 2.69 | (0.46) | 0.00 | (0.27) | 0.00 | 4.70 | 35.30 | |||
| GENI | 2.36 | 0.15 | 0.06 | 0.25 | 2.37 | 6.03 | 20.18 |
Liberty Tripadvisor 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 Tripadvisor stock to make a market-neutral strategy. Peer analysis of Liberty Tripadvisor could also be used in its relative valuation, which is a method of valuing Liberty Tripadvisor by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Liberty Tripadvisor Corporate Executives
Elected by the shareholders, the Liberty Tripadvisor's board of directors comprises two types of representatives: Liberty Tripadvisor inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Liberty. The board's role is to monitor Liberty Tripadvisor's management team and ensure that shareholders' interests are well served. Liberty Tripadvisor's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Liberty Tripadvisor's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brian Wendling | CFO and Sr. VP | Profile |
Still Interested in Liberty Tripadvisor Holdings?
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.