MSP Recovery Correlations

LIFW Stock

1.55 0.12 7.19%

The current 90-days correlation between MSP Recovery and National Beverage Corp is 0.18 (i.e., Average diversification). The correlation of MSP Recovery 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.

MSP Recovery Correlation With Market

Weak diversification

The correlation between MSP Recovery and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MSP Recovery 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 MSP Recovery. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For more information on how to buy MSP Stock please use our How to Invest in MSP Recovery guide.

Moving together with MSP Stock

0.63	CI	Cigna Corp	Pair Corr
0.72	VERO	Venus Concept	Pair Corr
0.86	EKSO	Ekso Bionics Holdings	Pair Corr
0.81	LIFWW	MSP Recovery	Pair Corr
0.78	AIMD	Ainos Inc	Pair Corr

Moving against MSP Stock

0.91	ELMD	Electromed	Pair Corr
0.79	MD	Mednax Inc	Pair Corr
0.77	VREX	Varex Imaging Corp	Pair Corr
0.73	DOCS	Doximity	Pair Corr
0.72	OM	Outset Medical	Pair Corr
0.63	DXCM	DexCom Inc Sell-off Trend	Pair Corr
0.57	GH	Guardant Health	Pair Corr
0.53	LH	Laboratory	Pair Corr
0.84	BSX	Boston Scientific Corp Sell-off Trend	Pair Corr
0.84	WGS	GeneDx Holdings Corp	Pair Corr
0.84	PODD	Insulet	Pair Corr
0.82	LNSR	LENSAR Inc	Pair Corr
0.74	SYK	Stryker	Pair Corr
0.68	MMSI	Merit Medical Systems	Pair Corr
0.6	ABT	Abbott Laboratories Sell-off Trend	Pair Corr
0.56	NPCE	Neuropace	Pair Corr
0.56	OFIX	Orthofix Medical	Pair Corr
0.43	FNA	Paragon 28	Pair Corr
0.32	ENOV	Enovis Corp	Pair Corr
0.78	TCMD	Tactile Systems Tech	Pair Corr
0.71	CVRX	CVRx Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.65	BWAY	Brainsway	Pair Corr
0.57	AORT	Artivion	Pair Corr
0.51	DMAC	DiaMedica Therapeutics Trending	Pair Corr
0.48	CTKB	Cytek Biosciences	Pair Corr

Related Correlations Analysis

	FIZZ	OTLY	ASO	MESA	PG	APOG	SAIA
FIZZ		-0.56	-0.52	-0.53	-0.04	0.72	0.84	FIZZ
OTLY	-0.56		0.85	0.67	0.12	-0.75	-0.66	OTLY
ASO	-0.52	0.85		0.7	0.11	-0.65	-0.66	ASO
MESA	-0.53	0.67	0.7		0.38	-0.68	-0.65	MESA
PG	-0.04	0.12	0.11	0.38		-0.31	-0.1	PG
APOG	0.72	-0.75	-0.65	-0.68	-0.31		0.82	APOG
SAIA	0.84	-0.66	-0.66	-0.65	-0.1	0.82		SAIA
	FIZZ	OTLY	ASO	MESA	PG	APOG	SAIA

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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

ASO	+ 0.85	OTLY
SAIA	+ 0.84	FIZZ
SAIA	+ 0.82	APOG
APOG	+ 0.72	FIZZ
MESA	+ 0.7	ASO
MESA	+ 0.67	OTLY

High negative correlations

APOG	- 0.75	OTLY
APOG	- 0.68	MESA
SAIA	- 0.66	ASO
SAIA	- 0.66	OTLY
SAIA	- 0.65	MESA
APOG	- 0.65	ASO

Risk-Adjusted Indicators

There is a big difference between MSP Stock performing well and MSP Recovery 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 MSP Recovery'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
FIZZ	0.96	0.08	0.00	0.32	1.04	(1.00)	2.21	(1.89)	6.35
OTLY	3.00	(0.59)	0.00	(0.14)	0.00	0.00	4.69	(5.80)	30.62
ASO	1.72	(0.20)	0.00	(0.34)	0.00	0.00	4.04	(3.25)	9.63
MESA	2.82	(0.20)	0.00	(0.38)	0.00	0.00	6.19	(6.38)	28.65
PG	0.72	0.10	(0.04)	(1.05)	0.77	(0.77)	1.74	(1.26)	4.66
APOG	1.82	0.16	0.16	0.20	1.57	(2.22)	3.41	(2.93)	28.75
SAIA	2.18	0.43	0.24	0.34	1.93	(2.61)	5.11	(3.95)	17.45

MSP Recovery Corporate Management

Manuel GonzalezBrito	Chief Officer	Profile
Diana Diaz	Chief Officer	Profile
Ricardo Rivera	Chief Officer	Profile
Chris Miranda	Chief Officer	Profile

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