Liberty Broadband Correlations
| LBRDP Preferred Stock | USD 25.30 0.12 0.48% |
The current 90-days correlation between Liberty Broadband Corp and Hudson Pacific Properties is 0.04 (i.e., Significant diversification). The correlation of Liberty Broadband 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Liberty Broadband Correlation With Market
Good diversification
The correlation between Liberty Broadband Corp 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 Broadband Corp and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Liberty Broadband 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 Broadband 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 Broadband - 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 Broadband Corp to buy it.
Moving together with Liberty Preferred Stock
Moving against Liberty Preferred Stock
| 0.91 | RCI | Rogers Communications | PairCorr |
| 0.86 | WOW | WideOpenWest | PairCorr |
| 0.8 | CABO | Cable One | PairCorr |
| 0.78 | LBTYA | Liberty Global PLC | PairCorr |
| 0.78 | LBTYK | Liberty Global PLC | PairCorr |
| 0.67 | TEF | Telefonica SA ADR | PairCorr |
| 0.61 | LBTYB | Liberty Global PLC Upward Rally | PairCorr |
| 0.55 | T-PC | ATT Inc | PairCorr |
| 0.52 | TEO | Telecom Argentina | PairCorr |
| 0.42 | CCOI | Cogent Communications Earnings Call Today | PairCorr |
| 0.9 | EA | Electronic Arts | PairCorr |
| 0.86 | WLYB | John Wiley Sons Earnings Call This Week | PairCorr |
| 0.75 | ANGHW | Anghami Warrants | PairCorr |
| 0.7 | DJCO | Daily Journal Corp | PairCorr |
| 0.6 | EB | Eventbrite Class A | PairCorr |
| 0.55 | ZI | ZoomInfo Technologies | PairCorr |
| 0.53 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.47 | DLPN | Dolphin Entertainment | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Liberty Preferred Stock performing well and Liberty Broadband 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 Broadband'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HPP | 3.58 | (0.05) | 0.00 | (0.02) | 0.00 | 8.13 | 25.79 | |||
| ONL | 1.48 | 0.18 | 0.09 | 0.24 | 1.82 | 3.25 | 11.19 | |||
| RDCM | 2.90 | 0.16 | 0.04 | (0.28) | 3.42 | 4.79 | 21.58 | |||
| MOLN | 2.62 | (0.07) | 0.00 | 0.15 | 0.00 | 7.84 | 18.67 | |||
| UBER | 1.88 | 0.15 | 0.05 | (2.68) | 2.72 | 4.72 | 12.29 | |||
| BSET | 1.44 | 0.07 | 0.03 | 0.13 | 1.82 | 3.70 | 9.87 | |||
| HMST | 1.93 | (0.18) | 0.00 | (0.22) | 0.00 | 3.66 | 9.88 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Liberty Broadband 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 Broadband Corporate Management
| Ben Oren | Ex Treasurer | Profile | |
| Albert Rosenthaler | Chief Officer | Profile | |
| Christopher Shean | Advisor | Profile | |
| Gregory Maffei | Pres CEO | Profile | |
| Renee JD | Chief Officer | Profile | |
| Brian Wendling | Chief Officer | Profile | |
| Katherine Jewell | Assistant Sec | Profile |