Liberty Global Correlations

LBTYB Stock

USD 11.77 0.37 3.05%

The current 90-days correlation between Liberty Global PLC and Liberty Global PLC is 0.02 (i.e., Significant diversification). The correlation of Liberty Global 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 Global Correlation With Market

Significant diversification

The correlation between Liberty Global PLC and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Global PLC and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

Moving against Liberty Stock

0.44	YY	YY Inc Class	Pair Corr
0.35	VENU	Venu Holding	Pair Corr
0.32	TV	Grupo Televisa SAB	Pair Corr
0.55	VEON	VEON	Pair Corr
0.39	BATRA	Atlanta Braves Holdings,	Pair Corr

Related Correlations Analysis

	LBTYA	LILAK	LILA	LBRDK	LBTYK	LBRDA	TLSNF	VODPF	KDDIF	AMXOF
LBTYA		-0.44	-0.45	-0.31	0.98	-0.29	0.0	0.0	-0.05	0.57	LBTYA
LILAK	-0.44		1.0	0.54	-0.41	0.53	0.0	0.14	-0.06	-0.2	LILAK
LILA	-0.45	1.0		0.55	-0.43	0.53	0.0	0.13	-0.07	-0.22	LILA
LBRDK	-0.31	0.54	0.55		-0.19	1.0	0.0	0.47	0.08	-0.38	LBRDK
LBTYK	0.98	-0.41	-0.43	-0.19		-0.17	0.0	0.07	-0.03	0.55	LBTYK
LBRDA	-0.29	0.53	0.53	1.0	-0.17		0.0	0.49	0.08	-0.36	LBRDA
TLSNF	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	TLSNF
VODPF	0.0	0.14	0.13	0.47	0.07	0.49	0.0		0.3	-0.09	VODPF
KDDIF	-0.05	-0.06	-0.07	0.08	-0.03	0.08	0.0	0.3		-0.05	KDDIF
AMXOF	0.57	-0.2	-0.22	-0.38	0.55	-0.36	0.0	-0.09	-0.05		AMXOF
	LBTYA	LILAK	LILA	LBRDK	LBTYK	LBRDA	TLSNF	VODPF	KDDIF	AMXOF

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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

LILA	+ 1.0	LILAK
LBRDA	+ 1.0	LBRDK
LBTYK	+ 0.98	LBTYA
AMXOF	+ 0.57	LBTYA
LBRDK	+ 0.55	LILA
AMXOF	+ 0.55	LBTYK

High negative correlations

LILA	- 0.45	LBTYA
LILAK	- 0.44	LBTYA
LBTYK	- 0.43	LILA
LBTYK	- 0.41	LILAK
AMXOF	- 0.38	LBRDK
AMXOF	- 0.36	LBRDA

Risk-Adjusted Indicators

There is a big difference between Liberty Stock performing well and Liberty Global 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 Global'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
LBTYA	1.19	(0.12)	0.00	(0.29)	0.00	0.00	2.57	(2.24)	7.78
LILAK	1.88	0.07	0.04	0.04	2.43	(1.81)	4.29	(4.09)	12.02
LILA	1.85	0.06	0.04	0.04	2.34	(1.89)	4.10	(3.99)	12.09
LBRDK	1.38	0.08	0.05	0.04	1.95	(1.38)	2.68	(3.28)	9.15
LBTYK	1.08	(0.15)	0.00	(0.37)	0.00	0.00	2.36	(1.96)	8.33
LBRDA	1.38	0.09	0.05	0.05	1.97	(1.34)	2.78	(3.12)	9.58
TLSNF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VODPF	2.65	0.19	0.05	(0.72)	3.05	(4.83)	7.59	(7.06)	17.78
KDDIF	2.45	0.19	0.03	(0.22)	3.88	(6.05)	7.96	(10.17)	31.47
AMXOF	1.76	0.17	0.02	(1.63)	2.86	(6.63)	7.50	(6.98)	29.95

Liberty Global Corporate Management

Andrea Salvato	Executive Officer	Profile
Frederick III	Senior Responsibility	Profile
Severina Pascu	Senior Operations	Profile
Eric Lennon	Managing Integration	Profile
Veenod Kurup	Chief MD	Profile

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