Liberty Latin Correlations

LILA Stock

USD 6.66 0.07 1.04%

The current 90-days correlation between Liberty Latin America and Liberty Global PLC is 0.24 (i.e., Modest diversification). The correlation of Liberty Latin 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 Latin Correlation With Market

Modest diversification

The correlation between Liberty Latin America and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Latin America 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 Latin America. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving against Liberty Stock

0.53	TC	TuanChe ADR	Pair Corr
0.4	LUMN	Lumen Technologies Aggressive Push	Pair Corr
0.5	ADD	Color Star Technology	Pair Corr
0.49	ANGHW	Anghami Warrants	Pair Corr
0.34	DRCT	Direct Digital Holdings Earnings Call Today	Pair Corr
0.33	WIMI	WiMi Hologram Cloud	Pair Corr

Related Correlations Analysis

	LBTYK	LBTYA	LBRDA	KT	LBTYB	LILAK	LBRDK	CABO	LBRDP	TLK
LBTYK		0.98	-0.17	-0.55	0.58	-0.41	-0.19	0.69	-0.54	0.35	LBTYK
LBTYA	0.98		-0.29	-0.6	0.54	-0.44	-0.31	0.76	-0.46	0.47	LBTYA
LBRDA	-0.17	-0.29		0.69	0.01	0.53	1.0	-0.57	0.03	-0.49	LBRDA
KT	-0.55	-0.6	0.69		-0.23	0.43	0.69	-0.81	0.44	-0.47	KT
LBTYB	0.58	0.54	0.01	-0.23		-0.28	-0.01	0.36	-0.41	-0.01	LBTYB
LILAK	-0.41	-0.44	0.53	0.43	-0.28		0.54	-0.41	0.2	-0.2	LILAK
LBRDK	-0.19	-0.31	1.0	0.69	-0.01	0.54		-0.58	0.04	-0.48	LBRDK
CABO	0.69	0.76	-0.57	-0.81	0.36	-0.41	-0.58		-0.36	0.75	CABO
LBRDP	-0.54	-0.46	0.03	0.44	-0.41	0.2	0.04	-0.36		-0.03	LBRDP
TLK	0.35	0.47	-0.49	-0.47	-0.01	-0.2	-0.48	0.75	-0.03		TLK
	LBTYK	LBTYA	LBRDA	KT	LBTYB	LILAK	LBRDK	CABO	LBRDP	TLK

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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

LBRDK	+ 1.0	LBRDA
LBTYA	+ 0.98	LBTYK
CABO	+ 0.76	LBTYA
TLK	+ 0.75	CABO
CABO	+ 0.69	LBTYK
KT	+ 0.69	LBRDA

High negative correlations

CABO	- 0.81	KT
KT	- 0.6	LBTYA
CABO	- 0.58	LBRDK
CABO	- 0.57	LBRDA
KT	- 0.55	LBTYK
LBRDP	- 0.54	LBTYK

Risk-Adjusted Indicators

There is a big difference between Liberty Stock performing well and Liberty Latin 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 Latin'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
LBTYK	1.08	(0.15)	0.00	(0.37)	0.00	0.00	2.36	(1.96)	8.33
LBTYA	1.19	(0.12)	0.00	(0.29)	0.00	0.00	2.57	(2.24)	7.78
LBRDA	1.38	0.09	0.05	0.05	1.97	(1.34)	2.78	(3.12)	9.58
KT	1.02	0.18	0.17	0.22	0.96	(1.10)	2.04	(1.90)	6.92
LBTYB	8.41	0.49	0.05	0.39	9.85	(9.99)	27.06	(16.83)	59.93
LILAK	1.88	0.07	0.04	0.04	2.43	(1.81)	4.29	(4.09)	12.02
LBRDK	1.38	0.08	0.05	0.04	1.95	(1.38)	2.68	(3.28)	9.15
CABO	2.37	(0.50)	0.00	(2.08)	0.00	0.00	4.12	(6.18)	22.18
LBRDP	0.62	0.07	0.16	(0.77)	0.73	(0.67)	1.37	(1.19)	6.54
TLK	1.72	(0.22)	0.00	(0.74)	0.00	0.00	3.91	(4.29)	11.21

Liberty Latin Corporate Management

Rocio Lorenzo	Senior Officer	Profile
Kunal Patel	IR Contact Officer	Profile
Brian Zook	Chief Officer	Profile
Aamir Hussain	Senior Officer	Profile
Vivek Khemka	Senior Residence	Profile
Inge Smidts	Senior Markets	Profile

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