Liveramp Holdings Correlations

RAMP Stock

USD 27.18 0.03 0.11%

The current 90-days correlation between Liveramp Holdings and PagSeguro Digital is 0.2 (i.e., Modest diversification). The correlation of Liveramp Holdings 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.

Liveramp Holdings Correlation With Market

Very weak diversification

The correlation between Liveramp Holdings and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liveramp Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Liveramp Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

To learn how to invest in Liveramp Stock, please use our How to Invest in Liveramp Holdings guide.

Moving together with Liveramp Stock

0.78	S	SentinelOne	Pair Corr
0.62	VERI	Veritone	Pair Corr
0.71	VRNT	Verint Systems Earnings Call This Week	Pair Corr
0.72	EXOD	Exodus Movement, Trending	Pair Corr
0.84	FIVN	Five9 Inc	Pair Corr
0.8	FLYW	Flywire Corp	Pair Corr
0.7	BOX	Box Inc	Pair Corr
0.89	DBX	Dropbox	Pair Corr
0.86	DLO	Dlocal Tech Boost	Pair Corr
0.89	IOT	Samsara	Pair Corr
0.89	MDB	MongoDB	Pair Corr
0.68	RPD	Rapid7 Inc	Pair Corr
0.8	RXT	Rackspace Technology	Pair Corr

Moving against Liveramp Stock

0.66	EVTC	Evertec	Pair Corr
0.56	MQ	Marqeta	Pair Corr
0.52	GB	Global Blue Group	Pair Corr
0.46	VRSN	VeriSign	Pair Corr
0.52	TCX	Tucows Inc	Pair Corr
0.45	GRRR	Gorilla Technology Buyout Trend	Pair Corr
0.42	XNET	Xunlei Ltd Adr Tech Boost	Pair Corr
0.37	HCP	Hashicorp	Pair Corr
0.33	SWI	SolarWinds Corp	Pair Corr

Related Correlations Analysis

	PAGS	DAVA	NTNX	SPLK	VMW	NEWR	YEXT	EGIO	DLO	INFA
PAGS		-0.4	0.74	0.0	0.0	0.0	0.12	0.0	0.02	-0.64	PAGS
DAVA	-0.4		-0.39	0.0	0.0	0.0	0.54	0.0	0.77	0.88	DAVA
NTNX	0.74	-0.39		0.0	0.0	0.0	0.27	0.0	-0.05	-0.56	NTNX
SPLK	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	SPLK
VMW	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	VMW
NEWR	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	NEWR
YEXT	0.12	0.54	0.27	0.0	0.0	0.0		0.0	0.62	0.34	YEXT
EGIO	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	EGIO
DLO	0.02	0.77	-0.05	0.0	0.0	0.0	0.62	0.0		0.56	DLO
INFA	-0.64	0.88	-0.56	0.0	0.0	0.0	0.34	0.0	0.56		INFA
	PAGS	DAVA	NTNX	SPLK	VMW	NEWR	YEXT	EGIO	DLO	INFA

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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

INFA	+ 0.88	DAVA
DLO	+ 0.77	DAVA
NTNX	+ 0.74	PAGS
DLO	+ 0.62	YEXT
INFA	+ 0.56	DLO
YEXT	+ 0.54	DAVA

High negative correlations

INFA	- 0.64	PAGS
INFA	- 0.56	NTNX
DAVA	- 0.4	PAGS
NTNX	- 0.39	DAVA
DLO	- 0.05	NTNX
INFA	- 0.0	EGIO

Risk-Adjusted Indicators

There is a big difference between Liveramp Stock performing well and Liveramp Holdings 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 Liveramp Holdings' 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
PAGS	2.45	0.57	0.20	0.39	2.37	(2.63)	6.53	(4.05)	13.53
DAVA	1.70	(0.51)	0.00	(0.53)	0.00	0.00	2.53	(5.76)	11.56
NTNX	1.92	0.30	0.11	0.24	2.40	(2.15)	4.12	(3.03)	18.92
SPLK	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VMW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NEWR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
YEXT	1.43	0.02	0.00	(0.02)	0.00	0.00	3.16	(2.35)	10.87
EGIO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DLO	2.70	(0.19)	0.00	(0.53)	0.00	0.00	3.73	(3.88)	39.00
INFA	1.80	(0.53)	0.00	(0.65)	0.00	0.00	3.19	(3.45)	25.62

Liveramp Holdings Corporate Management

James Arra	President Chief Commercial Officer	Profile
Timothy Cadogan	Independent Director	Profile
Richard Fox	Independent Director	Profile
Debora Tomlin	Independent Director	Profile
Jessica Shapiro	Chief Officer	Profile
Anneka Gupta	President Head of Products and Platforms	Profile

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