QVC Correlations
QVCGA Stock | 2.93 0.12 4.27% |
The current 90-days correlation between QVC Group and STMicroelectronics NV ADR is 0.01 (i.e., Significant diversification). The correlation of QVC 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.
QVC Correlation With Market
Significant diversification
The correlation between QVC Group and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding QVC Group and DJI in the same portfolio, assuming nothing else is changed.
Moving together with QVC Stock
0.62 | GLBE | Global E Online | PairCorr |
0.71 | JFBR | Jeffs Brands | PairCorr |
0.86 | LQDT | Liquidity Services | PairCorr |
0.93 | QVCGP | QVC Group Symbol Change | PairCorr |
Moving against QVC Stock
0.74 | ZKH | ZKH Group Limited | PairCorr |
0.72 | W | Wayfair Sell-off Trend | PairCorr |
0.71 | EBAY | eBay Inc Earnings Call Next Week | PairCorr |
0.63 | ETSY | Etsy Inc Earnings Call Next Week | PairCorr |
0.59 | DIBS | 1StdibsCom | PairCorr |
0.57 | AKA | AKA Brands Holding | PairCorr |
0.54 | SE | Sea | PairCorr |
0.54 | OCG | Oriental Culture Holding | PairCorr |
0.52 | JMIA | Jumia Technologies | PairCorr |
0.48 | YJ | Yunji Inc | PairCorr |
0.48 | VIPS | Vipshop Holdings Sell-off Trend | PairCorr |
0.41 | IPW | iPower Inc | PairCorr |
0.88 | BYON | Beyond, Earnings Call This Week | PairCorr |
0.85 | LGCB | Linkage Global Ordinary | PairCorr |
0.77 | TDUP | ThredUp Upward Rally | PairCorr |
0.67 | RVLV | Revolve Group LLC | PairCorr |
0.67 | AMZN | Amazon Inc Aggressive Push | PairCorr |
0.66 | RERE | ATRenew Inc DRC | PairCorr |
0.55 | LOGC | Contextlogic | PairCorr |
0.53 | CART | Maplebear Sell-off Trend | PairCorr |
0.48 | NEGG | Newegg Commerce | PairCorr |
0.47 | JFBRW | Jeffs Brands | PairCorr |
0.46 | CHWY | Chewy Inc | PairCorr |
0.39 | MELI | MercadoLibre | PairCorr |
Related Correlations Analysis
0.45 | 0.34 | 0.47 | 0.35 | 0.48 | 0.47 | APGE | ||
0.45 | 0.95 | 0.66 | 0.84 | 0.75 | 0.71 | STM | ||
0.34 | 0.95 | 0.49 | 0.76 | 0.62 | 0.55 | AEHR | ||
0.47 | 0.66 | 0.49 | 0.62 | 0.97 | 0.98 | ADI | ||
0.35 | 0.84 | 0.76 | 0.62 | 0.63 | 0.64 | GFS | ||
0.48 | 0.75 | 0.62 | 0.97 | 0.63 | 0.97 | KLAC | ||
0.47 | 0.71 | 0.55 | 0.98 | 0.64 | 0.97 | ACLS | ||
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Risk-Adjusted Indicators
There is a big difference between QVC Stock performing well and QVC 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 QVC'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
APGE | 2.69 | 0.21 | 0.02 | 1.56 | 4.20 | 6.26 | 26.16 | |||
STM | 1.97 | 0.71 | 0.38 | 2.78 | 1.07 | 5.42 | 13.58 | |||
AEHR | 3.72 | 1.32 | 0.25 | (1.33) | 3.51 | 9.25 | 26.55 | |||
ADI | 1.32 | 0.29 | 0.24 | 0.37 | 0.92 | 3.01 | 12.17 | |||
GFS | 1.66 | 0.42 | 0.16 | 31.00 | 1.48 | 4.42 | 10.76 | |||
KLAC | 1.59 | 0.32 | 0.21 | 0.37 | 1.38 | 4.21 | 10.90 | |||
ACLS | 2.39 | 0.52 | 0.22 | 0.47 | 2.12 | 6.44 | 13.36 |
QVC Corporate Executives
Elected by the shareholders, the QVC's board of directors comprises two types of representatives: QVC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of QVC. The board's role is to monitor QVC's management team and ensure that shareholders' interests are well served. QVC'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, QVC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Beitler | Founder Ventures | Profile |