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.
Moving together with QVC Stock
0.9 | JFBR | Jeffs Brands | PairCorr |
0.94 | LQDT | Liquidity Services | PairCorr |
0.93 | QVCGA | QVC Group Symbol Change | PairCorr |
Moving against QVC Stock
0.88 | W | Wayfair | PairCorr |
0.86 | EBAY | eBay Inc | PairCorr |
0.81 | ETSY | Etsy Inc | PairCorr |
0.81 | JMIA | Jumia Technologies | PairCorr |
0.78 | ZKH | ZKH Group Limited | PairCorr |
0.75 | SE | Sea | PairCorr |
0.71 | WBUY | WEBUY GLOBAL LTD Downward Rally | PairCorr |
0.7 | AKA | AKA Brands Holding | PairCorr |
0.69 | VIPS | Vipshop Holdings | PairCorr |
0.67 | OCG | Oriental Culture Holding | PairCorr |
0.65 | DIBS | 1StdibsCom | PairCorr |
0.51 | HOUR | Hour Loop | PairCorr |
0.5 | JWEL | Jowell Global | PairCorr |
0.48 | YJ | Yunji Inc | PairCorr |
0.4 | MI | NFT Limited | PairCorr |
0.35 | IPW | iPower Inc | PairCorr |
0.89 | BYON | Beyond, Buyout Trend | PairCorr |
0.87 | LGCB | Linkage Global Ordinary | PairCorr |
0.87 | AMZN | Amazon Inc | PairCorr |
0.84 | TDUP | ThredUp | PairCorr |
0.68 | MELI | MercadoLibre | PairCorr |
0.66 | RERE | ATRenew Inc DRC Buyout Trend | PairCorr |
0.64 | CHWY | Chewy Inc | PairCorr |
0.62 | CART | Maplebear | PairCorr |
0.59 | NEGG | Newegg Commerce | PairCorr |
0.56 | RVLV | Revolve Group LLC | PairCorr |
0.47 | LOGC | Contextlogic | PairCorr |
0.38 | JFBRW | Jeffs Brands | PairCorr |
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
| High negative correlations
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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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ISRG | 1.03 | (0.05) | (0.03) | 0.08 | 1.44 | 2.37 | 10.20 | |||
HPP | 2.42 | 0.11 | 0.04 | 0.23 | 3.00 | 6.55 | 15.46 | |||
BSET | 2.21 | 0.19 | 0.02 | 3.09 | 2.49 | 6.59 | 17.79 | |||
JBGS | 1.50 | 0.18 | 0.09 | 0.40 | 1.37 | 3.76 | 7.70 | |||
HIW | 1.02 | 0.10 | 0.05 | 0.27 | 1.04 | 2.10 | 5.40 | |||
CIO-P-A | 0.83 | 0.16 | 0.02 | 3.36 | 1.16 | 2.25 | 8.20 | |||
VNO-PL | 0.79 | 0.11 | 0.03 | 0.38 | 0.91 | 1.88 | 5.98 | |||
TPH | 1.50 | 0.02 | 0.03 | 0.15 | 1.65 | 3.64 | 8.80 |
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 |