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

Moving together with QVC Stock

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  0.93QVCGP QVC Group Symbol ChangePairCorr

Moving against QVC Stock

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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.

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 BeitlerFounder VenturesProfile