BeLive Holdings Correlations

BLIV Stock

3.55 0.05 1.39%

The current 90-days correlation between BeLive Holdings Ordinary and LivePerson is -0.07 (i.e., Good diversification). The correlation of BeLive 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.

BeLive Holdings Correlation With Market

Very good diversification

The correlation between BeLive Holdings Ordinary and DJI is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BeLive Holdings Ordinary and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with BeLive Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeLive Holdings Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with BeLive Stock

0.83	ZM	Zoom Video Communications	Pair Corr
0.74	DAY	Dayforce	Pair Corr
0.85	APTD	Aptitude Software	Pair Corr
0.65	ALFA	Alfa Financial Software	Pair Corr
0.68	PCOR	Procore Technologies	Pair Corr
0.61	301269	Empyrean Technology	Pair Corr
0.8	ADSK	Autodesk	Pair Corr
0.66	SAIL	SailPoint, Common Stock	Pair Corr
0.87	SNPHF	Santen Pharmaceutical	Pair Corr

Moving against BeLive Stock

0.52	SAP	SAP SE ADR	Pair Corr
0.51	MTEC	Made Tech Group	Pair Corr
0.5	300378	Digiwin Software	Pair Corr
0.48	300624	Wondershare Technology	Pair Corr
0.47	MSTR	MicroStrategy Incorporated	Pair Corr
0.47	603636	Linewell Software	Pair Corr
0.6	SNPS	Synopsys	Pair Corr
0.54	002990	Maxvision Technology Corp	Pair Corr

Related Correlations Analysis

	LPSN	BMR	VBIX	CSAI	INLX	INTZ	NUKK	GREE	PHUN	NCTY
LPSN		0.38	0.02	0.34	-0.04	-0.33	-0.78	-0.78	-0.17	-0.33	LPSN
BMR	0.38		0.25	-0.12	0.24	0.12	-0.11	0.09	0.71	0.28	BMR
VBIX	0.02	0.25		0.18	-0.13	0.27	0.17	0.32	0.22	-0.16	VBIX
CSAI	0.34	-0.12	0.18		-0.27	0.13	-0.31	-0.27	-0.26	-0.46	CSAI
INLX	-0.04	0.24	-0.13	-0.27		-0.14	0.18	0.15	0.5	0.68	INLX
INTZ	-0.33	0.12	0.27	0.13	-0.14		0.45	0.43	0.33	-0.1	INTZ
NUKK	-0.78	-0.11	0.17	-0.31	0.18	0.45		0.76	0.42	0.31	NUKK
GREE	-0.78	0.09	0.32	-0.27	0.15	0.43	0.76		0.59	0.46	GREE
PHUN	-0.17	0.71	0.22	-0.26	0.5	0.33	0.42	0.59		0.62	PHUN
NCTY	-0.33	0.28	-0.16	-0.46	0.68	-0.1	0.31	0.46	0.62		NCTY
	LPSN	BMR	VBIX	CSAI	INLX	INTZ	NUKK	GREE	PHUN	NCTY

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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

GREE	+ 0.76	NUKK
PHUN	+ 0.71	BMR
NCTY	+ 0.68	INLX
NCTY	+ 0.62	PHUN
PHUN	+ 0.59	GREE
PHUN	+ 0.5	INLX

High negative correlations

GREE	- 0.78	LPSN
NUKK	- 0.78	LPSN
NCTY	- 0.46	CSAI
NCTY	- 0.33	LPSN
INTZ	- 0.33	LPSN
NUKK	- 0.31	CSAI

Risk-Adjusted Indicators

There is a big difference between BeLive Stock performing well and BeLive 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 BeLive 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
LPSN	4.85	(1.69)	0.00	(0.60)	0.00	0.00	7.31	(13.39)	30.06
BMR	2.92	(0.60)	0.00	(0.11)	0.00	0.00	7.19	(5.03)	19.01
VBIX	4.24	(0.54)	0.00	0.91	0.00	0.00	7.33	(6.94)	59.97
CSAI	5.95	(0.17)	0.00	(0.08)	0.00	0.00	15.13	(11.19)	44.14
INLX	2.04	(0.24)	0.00	0.49	0.00	0.00	5.49	(5.76)	21.05
INTZ	3.25	(0.04)	0.01	0.07	3.62	(3.98)	7.61	(7.77)	18.75
NUKK	8.32	0.54	0.07	0.28	9.34	(8.86)	17.65	(14.78)	50.68
GREE	4.96	(0.30)	0.01	0.03	5.67	(5.60)	8.95	(10.00)	36.94
PHUN	2.71	(0.50)	0.00	(0.05)	0.00	0.00	5.81	(5.58)	15.02
NCTY	4.14	(0.48)	0.00	(0.02)	0.00	0.00	7.45	(7.82)	25.13

BeLive Holdings Corporate Management

Jia Lim	Assistant Partnerships	Profile
Lin Aifeng	Head Operations	Profile
Jing Ang	Chief Officer	Profile
Hassan Abid	Chief Officer	Profile

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