Liberty Media Correlations
| FWONA Stock | USD 62.27 0.64 1.04% |
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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Media moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between Liberty Media and NYA is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Media and NYA in the same portfolio, assuming nothing else is changed.
Liberty |
The ability to find closely correlated positions to Liberty Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liberty Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liberty Media to buy it.
Related Correlations Analysis
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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
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CRTO | 1.24 | 0.48 | 0.57 | 0.52 | 0.00 | 3.79 | 19.40 | |||
| DLX | 1.68 | (0.11) | 0.00 | 0.03 | 2.01 | 3.93 | 13.96 | |||
| EEX | 1.77 | (0.12) | 0.00 | (0.03) | 0.00 | 4.68 | 22.09 | |||
| MCHX | 2.69 | (0.17) | 0.00 | (0.05) | 0.00 | 4.96 | 22.66 | |||
| IAS | 2.45 | (0.66) | 0.00 | (0.24) | 0.00 | 3.60 | 44.86 | |||
| EVC | 3.77 | (0.71) | 0.00 | (0.92) | 0.00 | 6.06 | 55.00 | |||
| CMPR | 2.23 | 0.11 | 0.10 | 0.12 | 2.35 | 4.72 | 28.31 | |||
| TSQ | 1.93 | 0.21 | 0.04 | (0.85) | 2.37 | 4.46 | 12.71 | |||
| MMDDF | 1.98 | 0.20 | 0.00 | (0.06) | 0.00 | 0.00 | 63.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Liberty Media without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Liberty Media Corporate Directors
Liberty Media corporate directors refer to members of a Liberty Media board of directors. The board of directors generally takes responsibility for the Liberty Media's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Liberty Media's board members must vote for the resolution. The Liberty Media board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ian Gilchrist | Independent Director | Profile | |
| Brian Deevy | Independent Director | Profile | |
| Robert Bennett | Independent Director | Profile | |
| David Rapley | Independent Director | Profile |
Already Invested in Liberty Media?
The danger of trading Liberty Media is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Liberty Media is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Liberty Media. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Liberty Media is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Liberty Media is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Liberty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Liberty Media Stock. Highlighted below are key reports to facilitate an investment decision about Liberty Media Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Liberty Media. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Liberty Stock refer to our How to Trade Liberty Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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When running Liberty Media's price analysis, check to measure Liberty Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Liberty Media is operating at the current time. Most of Liberty Media's value examination focuses on studying past and present price action to predict the probability of Liberty Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Media's price. Additionally, you may evaluate how the addition of Liberty Media to your portfolios can decrease your overall portfolio volatility.
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Is Liberty Media's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Liberty Media. If investors know Liberty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Liberty Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Earnings Share 0.62 | Revenue Per Share 13.769 | Quarterly Revenue Growth 0.631 | Return On Assets 0.0174 |
The market value of Liberty Media is measured differently than its book value, which is the value of Liberty that is recorded on the company's balance sheet. Investors also form their own opinion of Liberty Media's value that differs from its market value or its book value, called intrinsic value, which is Liberty Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Liberty Media's market value can be influenced by many factors that don't directly affect Liberty Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Liberty Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Liberty Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Liberty Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.