LiveChat Software Correlations
| LCHTF Stock | USD 11.01 1.66 13.10% |
The current 90-days correlation between LiveChat Software and Waldencast Acquisition Corp is -0.16 (i.e., Good diversification). The correlation of LiveChat Software 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.
LiveChat Software Correlation With Market
Good diversification
The correlation between LiveChat Software SA and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LiveChat Software SA and DJI in the same portfolio, assuming nothing else is changed.
LiveChat |
The ability to find closely correlated positions to LiveChat Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LiveChat Software 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 LiveChat Software - 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 LiveChat Software SA to buy it.
Moving together with LiveChat Pink Sheet
| 0.81 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.83 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.63 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.84 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.67 | PTAIY | Astra International Tbk | PairCorr |
| 0.64 | PBCRF | PT Bank Central | PairCorr |
| 0.77 | PBCRY | Bank Central Asia | PairCorr |
Moving against LiveChat Pink Sheet
| 0.9 | MSTR | MicroStrategy Incorporated Buyout Trend | PairCorr |
| 0.87 | CRM | Salesforce | PairCorr |
| 0.87 | APP | Applovin Corp Sell-off Trend | PairCorr |
| 0.84 | NOW | ServiceNow Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | SHOP | Shopify | PairCorr |
| 0.72 | SAPGF | SAP SE | PairCorr |
| 0.71 | SAP | SAP SE ADR Fiscal Year End 28th of January 2025 | PairCorr |
| 0.7 | CDNS | Cadence Design Systems | PairCorr |
| 0.56 | INTU | Intuit Inc | PairCorr |
| 0.51 | SSNLF | Samsung Electronics | PairCorr |
| 0.34 | PTAIF | PT Astra International | PairCorr |
| 0.92 | DASH | DoorDash, Class A | PairCorr |
| 0.9 | RELY | Remitly Global | PairCorr |
| 0.86 | YPF | YPF Sociedad Anonima | PairCorr |
| 0.86 | BSIG | Brightsphere Investment | PairCorr |
| 0.85 | SMLR | Semler Scientific Upward Rally | PairCorr |
| 0.8 | RWAYL | MSCI ACWI exAUCONSUMER | PairCorr |
| 0.8 | ZWS | Zurn Elkay Water | PairCorr |
| 0.76 | NTRA | Natera Inc | PairCorr |
| 0.73 | PETS | PetMed Express | PairCorr |
| 0.66 | OBYCF | Obayashi | PairCorr |
| 0.63 | CRAI | CRA International | PairCorr |
| 0.52 | M | Macys Inc | PairCorr |
| 0.47 | WSM | Williams Sonoma | PairCorr |
| 0.45 | THCP | Thunder Bridge Capital | PairCorr |
| 0.9 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.89 | MAR | Marriott International | PairCorr |
| 0.85 | FBMS | First Bancshares, Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | FRME | First Merchants Fiscal Year End 23rd of January 2025 | 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 LiveChat Pink Sheet performing well and LiveChat Software 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 LiveChat Software'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NXPLW | 8.55 | 0.12 | 0.00 | (0.10) | 13.27 | 26.67 | 111.43 | |||
| LQAVF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WALD | 2.82 | 0.06 | 0.01 | 0.19 | 3.54 | 6.17 | 19.80 | |||
| CXAIW | 3.83 | 0.03 | 0.00 | 0.01 | 0.00 | 10.53 | 29.43 | |||
| ALKT | 2.00 | 0.33 | 0.12 | 2.70 | 2.18 | 5.03 | 12.66 | |||
| ADEA | 2.04 | 0.17 | 0.05 | 0.15 | 3.70 | 4.95 | 28.06 | |||
| PYCR | 1.44 | 0.46 | 0.21 | 2.86 | 1.49 | 3.12 | 7.75 | |||
| BSY | 1.21 | (0.09) | 0.00 | (0.09) | 0.00 | 2.29 | 7.33 | |||
| APPF | 1.58 | 0.08 | 0.03 | 0.09 | 2.31 | 2.86 | 15.04 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in LiveChat Software 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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LiveChat Software Corporate Management
| Urszula Jarzebowska | Member Board | Profile | |
| Joanna Alwin | Financial CFO | Profile | |
| Mariusz Cieply | Pres CEO | Profile | |
| Bartosz Olchwka | Head Devel | Profile | |
| Piotr Bednarek | Head Officer | Profile | |
| Szymon Klimczak | CMO | Profile |