Life360, Common Correlations

LIF Stock

42.54 0.65 1.55%

The current 90-days correlation between Life360, Common Stock and C3 Ai Inc is 0.06 (i.e., Significant diversification). The correlation of Life360, Common 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.

Life360, Common Correlation With Market

Average diversification

The correlation between Life360, Common Stock and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Life360, Common Stock 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 Life360, Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Life360, Stock

0.74	PD	Pagerduty	Pair Corr
0.71	DOMO	Domo Inc	Pair Corr

Moving against Life360, Stock

0.42

EZFL

EzFill Holdings

Pair Corr

Related Correlations Analysis

	U	DJCO	AI	AZ	DT	DV	EB	ML	PD
U		0.49	0.8	0.39	0.77	0.55	0.49	0.48	0.59	U
DJCO	0.49		0.79	0.87	0.38	0.95	0.91	0.95	0.7	DJCO
AI	0.8	0.79		0.76	0.56	0.82	0.75	0.84	0.61	AI
AZ	0.39	0.87	0.76		0.36	0.84	0.89	0.89	0.55	AZ
DT	0.77	0.38	0.56	0.36		0.48	0.47	0.33	0.65	DT
DV	0.55	0.95	0.82	0.84	0.48		0.92	0.95	0.78	DV
EB	0.49	0.91	0.75	0.89	0.47	0.92		0.87	0.73	EB
ML	0.48	0.95	0.84	0.89	0.33	0.95	0.87		0.62	ML
PD	0.59	0.7	0.61	0.55	0.65	0.78	0.73	0.62		PD
	U	DJCO	AI	AZ	DT	DV	EB	ML	PD

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Risk-Adjusted Indicators

There is a big difference between Life360, Stock performing well and Life360, Common 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 Life360, Common'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
U	3.00	0.23	0.06	0.36	3.41	(3.43)	7.73	(6.43)	19.47
DJCO	1.84	0.21	0.11	0.70	1.79	(2.19)	3.45	(3.02)	19.38
AI	3.12	0.83	0.21	1.44	3.10	(3.41)	8.08	(5.09)	34.87
AZ	4.83	2.25	0.50	3.39	3.48	(6.29)	13.36	(6.06)	44.37
DT	1.19	0.08	0.04	(3.57)	1.56	(1.18)	2.70	(2.82)	9.26
DV	1.53	0.24	0.13	0.48	1.66	(1.69)	3.51	(2.49)	10.96
EB	2.68	0.54	0.18	2.40	2.70	(3.22)	6.85	(4.47)	14.41
ML	3.52	1.40	0.42	1.02	2.32	(4.21)	14.30	(5.05)	35.85
PD	1.60	0.05	0.02	0.12	2.09	(1.53)	2.99	(3.14)	9.49

Life360, Common Corporate Management

Lauren Antonoff	Chief Officer	Profile
Melissa Goodell	Executive Assistant	Profile
Justin Moore	Chief Officer	Profile
James Selby	Chief Officer	Profile
Susan Stick	General Secretary	Profile

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