Livent Corp Correlations

Summary

LTHMDelisted Stock

USD 24.95 1.05 4.04%

The current 90-days correlation between Livent Corp and Alto Ingredients is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Livent Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Livent Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Livent Corp Correlation With Market

Average diversification

The correlation between Livent Corp and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Livent Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

Moving together with Livent Stock

0.78	ATCOL	Atlas Corp	Pair Corr
0.86	PCTTW	PureCycle Technologies	Pair Corr
0.65	GCMGW	GCM Grosvenor	Pair Corr
0.76	ASTSW	AST SpaceMobile	Pair Corr
0.69	SSNLF	Samsung Electronics	Pair Corr
0.82	PTAIF	PT Astra International	Pair Corr
0.8	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.74	WMT	Walmart Aggressive Push	Pair Corr
0.75	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.79	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr
0.79	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.68	HD	Home Depot	Pair Corr
0.81	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.89	CSCO	Cisco Systems	Pair Corr
0.74	HPQ	HP Inc	Pair Corr
0.82	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr

Moving against Livent Stock

0.77	GOEVW	Canoo Holdings	Pair Corr
0.74	CHKEZ	Chesapeake Energy Symbol Change	Pair Corr
0.74	PPERF	Bank Mandiri Persero	Pair Corr
0.73	BKRKY	Bank Rakyat	Pair Corr
0.72	TLK	Telkom Indonesia Tbk	Pair Corr
0.71	PPERY	Bank Mandiri Persero	Pair Corr
0.65	CHKEL	Chesapeake Energy Symbol Change	Pair Corr
0.64	BKRKF	PT Bank Rakyat	Pair Corr
0.45	CHKEW	Chesapeake Energy Symbol Change	Pair Corr
0.37	PBCRY	Bank Central Asia	Pair Corr
0.83	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.7	PFE	Pfizer Inc Potential Growth	Pair Corr
0.63	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	ALB	LIN	APD	DD	SQM	SHW	PPG	ECL	LYB	AMRS
ALB		-0.45	0.81	0.26	0.44	0.54	-0.29	-0.19	-0.7	0.38	ALB
LIN	-0.45		-0.17	0.5	0.31	-0.11	0.81	0.87	0.68	-0.3	LIN
APD	0.81	-0.17		0.21	0.35	0.45	-0.2	0.12	-0.71	0.59	APD
DD	0.26	0.5	0.21		0.69	0.3	0.69	0.53	0.3	-0.38	DD
SQM	0.44	0.31	0.35	0.69		0.02	0.41	0.45	0.15	-0.11	SQM
SHW	0.54	-0.11	0.45	0.3	0.02		0.1	0.04	-0.31	-0.1	SHW
PPG	-0.29	0.81	-0.2	0.69	0.41	0.1		0.71	0.71	-0.56	PPG
ECL	-0.19	0.87	0.12	0.53	0.45	0.04	0.71		0.47	-0.12	ECL
LYB	-0.7	0.68	-0.71	0.3	0.15	-0.31	0.71	0.47		-0.74	LYB
AMRS	0.38	-0.3	0.59	-0.38	-0.11	-0.1	-0.56	-0.12	-0.74		AMRS
	ALB	LIN	APD	DD	SQM	SHW	PPG	ECL	LYB	AMRS

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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

ECL	+ 0.87	LIN
APD	+ 0.81	ALB
PPG	+ 0.81	LIN
ECL	+ 0.71	PPG
LYB	+ 0.71	PPG
SQM	+ 0.69	DD

High negative correlations

AMRS	- 0.74	LYB
LYB	- 0.71	APD
LYB	- 0.7	ALB
AMRS	- 0.56	PPG
LIN	- 0.45	ALB
AMRS	- 0.38	DD

Risk-Adjusted Indicators

There is a big difference between Livent Stock performing well and Livent Corp 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 Livent Corp'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
ALB	2.73	0.20	0.08	0.24	3.05	(3.01)	8.25	(5.63)	20.54
LIN	0.65	(0.13)	0.00	(0.09)	0.00	0.00	1.34	(1.29)	5.01
APD	0.91	0.24	0.16	1.00	0.64	(0.99)	1.90	(1.48)	10.91
DD	0.96	(0.09)	0.00	(0.03)	0.00	0.00	2.68	(2.46)	7.46
SQM	2.15	0.00	(0.02)	0.10	2.78	(2.14)	3.65	(4.59)	15.14
SHW	0.93	0.04	0.00	0.16	1.13	(1.14)	2.19	(1.52)	7.52
PPG	0.83	(0.11)	0.00	(0.05)	0.00	0.00	1.37	(1.94)	8.06
ECL	0.71	(0.08)	0.00	(0.07)	0.00	0.00	1.43	(1.11)	4.42
LYB	0.88	(0.36)	0.00	(0.35)	0.00	0.00	1.40	(2.29)	5.40
AMRS	6.88	0.63	0.06	(0.97)	7.00	(8.14)	16.85	(11.11)	37.05

Livent Corp Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Livent Corp stock to make a market-neutral strategy. Peer analysis of Livent Corp could also be used in its relative valuation, which is a method of valuing Livent Corp by comparing valuation metrics with similar companies.

Albemarle Corp Linde plc Ordinary Air Products and Dupont De Nemours Sociedad Quimica y Sherwin Williams Co PPG Industries Ecolab Inc LyondellBasell Industries NV Amyris Inc Alto Ingredients Danimer Scientific American Airlines Group Alcoa Corp Apple Inc

Risk & Return

Correlation

Livent Corp Corporate Management

Pablo Marcet	Independent Director	Profile
Robert Pallash	Independent Director	Profile
Andrea Utecht	Director	Profile
Sara Ponessa	Vice President General Counsel, Secretary	Profile
Christina Lampeonnerud	Independent Director	Profile
Barbara Fochtman	Chief Officer	Profile

Still Interested in Livent Corp?

Investing in delisted delisted stocks can be risky, as the stock 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.

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