Liberty Broadband Correlations
| LBRDA Stock | USD 51.63 0.31 0.60% |
The correlation of Liberty Broadband 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Broadband moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Broadband Srs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Modest diversification
The correlation between Liberty Broadband Srs and NYA is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liberty Broadband Srs and NYA in the same portfolio, assuming nothing else is changed.
Liberty |
The ability to find closely correlated positions to Liberty Broadband could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Broadband when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liberty Broadband - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liberty Broadband Srs to buy it.
Moving together with Liberty Stock
| 0.87 | CMCSA | Comcast Corp Aggressive Push | PairCorr |
| 0.78 | Z | Zillow Group Class | PairCorr |
| 0.7 | EA | Electronic Arts Earnings Call This Week | PairCorr |
| 0.69 | SJ | Scienjoy Holding Corp | PairCorr |
| 0.74 | TU | Telus Corp | PairCorr |
| 0.78 | ZD | Ziff Davis Earnings Call This Week | PairCorr |
| 0.78 | ZG | Zillow Group Downward Rally | PairCorr |
Moving against Liberty Stock
| 0.75 | IQ | iQIYI Inc Financial Report 21st of May 2024 | PairCorr |
| 0.7 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.58 | CURIW | CuriosityStream | PairCorr |
| 0.48 | VEON | VEON Report 28th of June 2024 | PairCorr |
| 0.41 | YY | YY Inc Class Financial Report 4th of June 2024 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Liberty Stock performing well and Liberty Broadband 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 Broadband'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 | 1.55 | (0.38) | 0.00 | (0.23) | 0.00 | 2.50 | 11.17 | |||
| LBTYA | 1.46 | (0.34) | 0.00 | (0.20) | 0.00 | 2.42 | 9.66 | |||
| SHEN | 1.98 | (0.71) | 0.00 | (0.67) | 0.00 | 2.55 | 18.65 | |||
| LBTYB | 1.33 | (0.14) | 0.00 | (0.29) | 0.00 | 3.36 | 17.73 | |||
| LILA | 2.23 | 0.09 | 0.04 | 0.09 | 3.14 | 4.55 | 13.20 | |||
| LBRDP | 0.70 | 0.00 | (0.02) | 0.04 | 1.05 | 1.49 | 3.93 | |||
| TLK | 1.07 | (0.40) | 0.00 | (2.91) | 0.00 | 1.46 | 6.36 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Liberty Broadband without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Content Syndication Now
Content SyndicationQuickly integrate customizable finance content to your own investment portal |
| All Next | Launch Module |
Liberty Broadband Corporate Management
Elected by the shareholders, the Liberty Broadband's board of directors comprises two types of representatives: Liberty Broadband inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Liberty. The board's role is to monitor Liberty Broadband's management team and ensure that shareholders' interests are well served. Liberty Broadband's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Liberty Broadband's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ben Oren | Executive Treasurer | Profile | |
| Richard Baer | Chief Legal Officer | Profile | |
| Albert Rosenthaler | Chief Tax Officer | Profile | |
| Renee JD | Chief Officer | Profile |
Already Invested in Liberty Broadband Srs?
The danger of trading Liberty Broadband Srs is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Liberty Broadband is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Liberty Broadband. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Liberty Broadband Srs is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Liberty Broadband Srs is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Liberty Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Liberty Broadband Srs Stock. Highlighted below are key reports to facilitate an investment decision about Liberty Broadband Srs Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liberty Broadband Srs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Liberty Broadband Srs information on this page should be used as a complementary analysis to other Liberty Broadband's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Liberty Stock analysis
When running Liberty Broadband's price analysis, check to measure Liberty Broadband's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Liberty Broadband is operating at the current time. Most of Liberty Broadband's value examination focuses on studying past and present price action to predict the probability of Liberty Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Broadband's price. Additionally, you may evaluate how the addition of Liberty Broadband to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is Liberty Broadband's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Liberty Broadband. If investors know Liberty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Liberty Broadband listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.157 | Earnings Share 4.68 | Revenue Per Share 6.719 | Return On Assets 0.003 | Return On Equity 0.0785 |
The market value of Liberty Broadband Srs is measured differently than its book value, which is the value of Liberty that is recorded on the company's balance sheet. Investors also form their own opinion of Liberty Broadband's value that differs from its market value or its book value, called intrinsic value, which is Liberty Broadband's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Liberty Broadband's market value can be influenced by many factors that don't directly affect Liberty Broadband's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Liberty Broadband's value and its price as these two are different measures arrived at by different means. Investors typically determine if Liberty Broadband is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Liberty Broadband's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.