Vivid Seats Correlations

SEAT Stock

USD 2.88 0.16 5.88%

The correlation of Vivid Seats 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.

Vivid Seats Correlation With Market

Good diversification

The correlation between Vivid Seats and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vivid Seats and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivid Seats. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

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

Moving together with Vivid Stock

0.65	RUM	Rumble Inc	Pair Corr
0.83	SEATW	Vivid Seats Warrant	Pair Corr
0.63	RUMBW	Rumble Inc	Pair Corr
0.68	LCFY	Locafy Upward Rally	Pair Corr

Moving against Vivid Stock

0.53	BZ	Kanzhun Ltd ADR	Pair Corr
0.49	GIFT	RDE, Inc Symbol Change	Pair Corr
0.41	WB	Weibo Corp	Pair Corr
0.4	TME	Tencent Music Entert	Pair Corr
0.36	IAC	IAC Inc	Pair Corr
0.33	ZH	Zhihu Inc ADR Earnings Call This Week	Pair Corr
0.31	EVER	EverQuote Class A	Pair Corr

Related Correlations Analysis

	ONFO	LTRPB	EVER	ASST	LTRPA	MAX	CMCM	ATHM	GETY	SSTK
ONFO		0.0	-0.48	-0.25	0.0	0.33	0.45	-0.4	0.14	0.43	ONFO
LTRPB	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	LTRPB
EVER	-0.48	0.0		-0.09	0.0	-0.62	0.18	0.8	-0.6	-0.89	EVER
ASST	-0.25	0.0	-0.09		0.0	0.17	-0.09	0.15	0.34	0.13	ASST
LTRPA	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	LTRPA
MAX	0.33	0.0	-0.62	0.17	0.0		0.1	-0.37	0.72	0.79	MAX
CMCM	0.45	0.0	0.18	-0.09	0.0	0.1		0.33	0.05	-0.09	CMCM
ATHM	-0.4	0.0	0.8	0.15	0.0	-0.37	0.33		-0.32	-0.75	ATHM
GETY	0.14	0.0	-0.6	0.34	0.0	0.72	0.05	-0.32		0.79	GETY
SSTK	0.43	0.0	-0.89	0.13	0.0	0.79	-0.09	-0.75	0.79		SSTK
	ONFO	LTRPB	EVER	ASST	LTRPA	MAX	CMCM	ATHM	GETY	SSTK

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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

ATHM	+ 0.8	EVER
SSTK	+ 0.79	MAX
SSTK	+ 0.79	GETY
GETY	+ 0.72	MAX
CMCM	+ 0.45	ONFO
SSTK	+ 0.43	ONFO

High negative correlations

SSTK	- 0.89	EVER
SSTK	- 0.75	ATHM
MAX	- 0.62	EVER
GETY	- 0.6	EVER
EVER	- 0.48	ONFO
ATHM	- 0.4	ONFO

Risk-Adjusted Indicators

There is a big difference between Vivid Stock performing well and Vivid Seats 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 Vivid Seats' 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
ONFO	3.71	(0.25)	0.00	(1.18)	0.00	0.00	7.69	(6.90)	21.57
LTRPB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EVER	3.08	0.82	0.27	0.31	2.33	(3.96)	7.67	(4.29)	32.47
ASST	10.01	1.22	0.11	0.45	8.95	(17.54)	23.21	(14.95)	125.77
LTRPA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MAX	2.73	(0.11)	0.00	(0.25)	0.00	0.00	5.77	(6.38)	25.45
CMCM	3.84	0.06	0.00	(0.07)	0.00	0.00	9.21	(6.77)	24.01
ATHM	1.52	0.28	0.15	0.34	1.79	(1.57)	3.57	(3.41)	8.70
GETY	3.43	(0.10)	0.00	(0.22)	0.00	0.00	7.53	(6.33)	41.68
SSTK	2.27	(0.69)	0.00	(2.59)	0.00	0.00	3.25	(4.98)	25.92

Vivid Seats Corporate Management

Geoff Lester	Chief Officer	Profile
Lawrence IV	Chief Officer	Profile
Stefano Langenbacher	Chief Officer	Profile
Edward Pickus	Chief Officer	Profile
Kate Africk	Head Relations	Profile
Riva Bakal	Chief Officer	Profile

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