QVC Correlations

QVCGA Stock

11.73 0.05 0.42%

The current 90-days correlation between QVC Group and GrowGeneration Corp is 0.2 (i.e., Modest diversification). The correlation of QVC 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.

QVC Correlation With Market

Average diversification

The correlation between QVC Group and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding QVC Group and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with QVC Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QVC Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with QVC Stock

0.69

RGC

Regencell Bioscience Trending

Pair Corr

Moving against QVC Stock

0.79	PBCRY	Bank Central Asia	Pair Corr
0.75	SHG	Shinhan Financial	Pair Corr
0.67	KB	KB Financial Group	Pair Corr
0.64	PPERY	Bank Mandiri Persero	Pair Corr
0.56	AMZN	Amazon CDR	Pair Corr
0.55	PBCRF	PT Bank Central	Pair Corr
0.54	PTRN	Pattern Group Series Potential Growth	Pair Corr
0.39	BKRKF	PT Bank Rakyat	Pair Corr
0.34	PTBRY	Bank Negara Indonesia	Pair Corr
0.81	GTOFF	Gemalto NV	Pair Corr
0.58	BAFBF	Balfour Beatty plc	Pair Corr
0.46	SKY	Skyline	Pair Corr
0.42	UNCY	Unicycive Therapeutics	Pair Corr
0.41	CNTB	Connect Biopharma	Pair Corr
0.67	RNSDF	Renault SA	Pair Corr
0.67	CLST	Catalyst Bancorp	Pair Corr
0.59	DX	Dynex Capital	Pair Corr
0.52	CLPHF	CLP Holdings	Pair Corr
0.5	ISUZF	Isuzu Motors Limited	Pair Corr
0.34	CLCO	Cool Company	Pair Corr

Related Correlations Analysis

	GRWG	SPWH	THCH	LIDR	FLL	PRPL	AOUT	IRBT	RRGB	YTRA
GRWG		0.05	-0.35	-0.07	0.48	0.29	0.52	0.03	0.31	0.1	GRWG
SPWH	0.05		0.51	0.57	0.33	0.74	0.35	0.62	0.88	-0.44	SPWH
THCH	-0.35	0.51		0.17	0.03	0.23	-0.14	0.19	0.28	-0.49	THCH
LIDR	-0.07	0.57	0.17		-0.1	0.4	0.16	0.53	0.51	0.25	LIDR
FLL	0.48	0.33	0.03	-0.1		0.73	0.85	0.3	0.49	-0.11	FLL
PRPL	0.29	0.74	0.23	0.4	0.73		0.79	0.66	0.84	-0.22	PRPL
AOUT	0.52	0.35	-0.14	0.16	0.85	0.79		0.36	0.61	0.02	AOUT
IRBT	0.03	0.62	0.19	0.53	0.3	0.66	0.36		0.68	-0.07	IRBT
RRGB	0.31	0.88	0.28	0.51	0.49	0.84	0.61	0.68		-0.39	RRGB
YTRA	0.1	-0.44	-0.49	0.25	-0.11	-0.22	0.02	-0.07	-0.39		YTRA
	GRWG	SPWH	THCH	LIDR	FLL	PRPL	AOUT	IRBT	RRGB	YTRA

Please upgrade your account to get full access to Macroaxis premium features

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

RRGB	+ 0.88	SPWH
AOUT	+ 0.85	FLL
RRGB	+ 0.84	PRPL
AOUT	+ 0.79	PRPL
PRPL	+ 0.74	SPWH
PRPL	+ 0.73	FLL

High negative correlations

YTRA	- 0.49	THCH
YTRA	- 0.44	SPWH
YTRA	- 0.39	RRGB
THCH	- 0.35	GRWG
YTRA	- 0.22	PRPL
AOUT	- 0.14	THCH

Risk-Adjusted Indicators

There is a big difference between QVC Stock performing well and QVC 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 QVC'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
GRWG	4.42	0.31	0.05	0.62	4.73	(5.56)	12.57	(7.14)	52.12
SPWH	3.82	(1.17)	0.00	(0.41)	0.00	0.00	7.17	(6.71)	45.92
THCH	2.17	(0.24)	0.00	(0.23)	0.00	0.00	4.18	(4.15)	16.21
LIDR	3.85	(0.16)	0.00	(0.05)	0.00	0.00	8.12	(7.81)	20.81
FLL	2.68	(0.38)	0.00	(0.40)	0.00	0.00	5.84	(5.09)	16.12
PRPL	2.97	(0.50)	0.00	(0.69)	0.00	0.00	6.25	(5.48)	27.01
AOUT	2.05	(0.18)	0.00	(0.06)	0.00	0.00	4.15	(3.29)	9.35
IRBT	10.71	(1.64)	0.00	(0.35)	0.00	0.00	21.78	(29.85)	146.53
RRGB	2.61	(0.67)	0.00	(0.38)	0.00	0.00	5.35	(6.37)	13.09
YTRA	3.29	0.30	0.07	0.32	3.57	(3.99)	8.92	(6.18)	23.04

QVC Corporate Executives

Elected by the shareholders, the QVC's board of directors comprises two types of representatives: QVC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of QVC. The board's role is to monitor QVC's management team and ensure that shareholders' interests are well served. QVC'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, QVC's outside directors are responsible for providing unbiased perspectives on the board's policies.

Brian Beitler

Founder Ventures

Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC