QVC Correlations

QVCGP Stock   5.52  0.01  0.18%   
The current 90-days correlation between QVC Group and Intuitive Surgical is -0.06 (i.e., Good 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. If the correlation is 0, the equities are not correlated; they are entirely random.

QVC Correlation With Market

Good diversification

The correlation between QVC Group and DJI is -0.08 (i.e., Good 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

  0.9JFBR Jeffs BrandsPairCorr
  0.94LQDT Liquidity ServicesPairCorr
  0.93QVCGA QVC Group Symbol ChangePairCorr

Moving against QVC Stock

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  0.81ETSY Etsy IncPairCorr
  0.81JMIA Jumia TechnologiesPairCorr
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  0.71WBUY WEBUY GLOBAL LTD Downward RallyPairCorr
  0.7AKA AKA Brands HoldingPairCorr
  0.69VIPS Vipshop HoldingsPairCorr
  0.67OCG Oriental Culture HoldingPairCorr
  0.65DIBS 1StdibsComPairCorr
  0.51HOUR Hour LoopPairCorr
  0.5JWEL Jowell GlobalPairCorr
  0.48YJ Yunji IncPairCorr
  0.4MI NFT LimitedPairCorr
  0.35IPW iPower IncPairCorr
  0.89BYON Beyond, Buyout TrendPairCorr
  0.87LGCB Linkage Global OrdinaryPairCorr
  0.87AMZN Amazon IncPairCorr
  0.84TDUP ThredUpPairCorr
  0.68MELI MercadoLibrePairCorr
  0.66RERE ATRenew Inc DRC Buyout TrendPairCorr
  0.64CHWY Chewy IncPairCorr
  0.62CART MaplebearPairCorr
  0.59NEGG Newegg CommercePairCorr
  0.56RVLV Revolve Group LLCPairCorr
  0.47LOGC ContextlogicPairCorr
  0.38JFBRW Jeffs BrandsPairCorr

Related Correlations Analysis

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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   
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VNO-PLHIW
TPHCIO-P-A
VNO-PLJBGS
VNO-PLCIO-P-A
HIWHPP
  
High negative correlations   
HIWBSET
HPPISRG
JBGSBSET
VNO-PLBSET
BSETHPP
BSETISRG

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