Life On Correlations
| LFERDelisted Stock | USD 0.0003 0.00 0.00% |
The correlation of Life On 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.
Life On Correlation With Market
Significant diversification
The correlation between Life On Earth and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Life On Earth and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Life On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Life On 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 Life On - 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 Life On Earth to buy it.
Moving against Life Pink Sheet
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| 0.47 | ATAAY | Atacado SA | PairCorr |
| 0.44 | KB | KB Financial Group | PairCorr |
| 0.42 | JRONY | Jeronimo Martins SGPS | PairCorr |
| 0.4 | BZLFF | Bunzl plc | PairCorr |
| 0.32 | BDDDY | Bid Limited | PairCorr |
| 0.82 | LOW | Lowes Companies Sell-off Trend | PairCorr |
| 0.77 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.75 | AUR | Aurora Innovation Sell-off Trend | PairCorr |
| 0.7 | B | Barnes Group | PairCorr |
| 0.66 | DASH | DoorDash, Class A | PairCorr |
| 0.65 | CRM | Salesforce Earnings Call This Week | PairCorr |
| 0.6 | DOCU | DocuSign Earnings Call This Week | PairCorr |
| 0.59 | IBKR | Interactive Brokers Fiscal Year End 21st of January 2025 | PairCorr |
| 0.58 | SPOT | Spotify Technology | PairCorr |
| 0.58 | FTAIM | FTAI Aviation | PairCorr |
| 0.56 | SFM | Sprouts Farmers Market | PairCorr |
| 0.43 | ATOM | Atomera | PairCorr |
| 0.87 | GAIN | Gladstone Investment | PairCorr |
| 0.76 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.74 | VRT | Vertiv Holdings | PairCorr |
| 0.67 | LYV | Live Nation Entertainment | PairCorr |
| 0.67 | ELMD | Electromed | PairCorr |
| 0.64 | MA | Mastercard | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Life Pink Sheet performing well and Life On 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 Life On'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| COLFF | 1.19 | (0.63) | 0.00 | (0.82) | 0.00 | 0.00 | 20.95 | |||
| BZLFY | 0.89 | (0.06) | (0.13) | (0.01) | 1.01 | 1.70 | 5.67 | |||
| PACV | 36.53 | 19.86 | 0.00 | (0.86) | 0.00 | 0.00 | 1,200 | |||
| IVFH | 2.94 | 0.40 | 0.05 | (0.66) | 3.19 | 6.41 | 22.85 | |||
| PFGC | 0.94 | 0.08 | 0.12 | 0.19 | 0.80 | 2.42 | 9.40 | |||
| MDCN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MDJH | 6.46 | (1.93) | 0.00 | (14.61) | 0.00 | 8.47 | 94.18 | |||
| MSPC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FLJ | 11.96 | 3.71 | 0.27 | 7.31 | 10.45 | 34.52 | 272.59 | |||
| SFR | 14.17 | 2.23 | 0.14 | (0.75) | 11.26 | 33.33 | 254.90 |
View Life On Related Equities
| Risk & Return | Correlation |
Still Interested in Life On Earth?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.