Lizhi Correlations
| SOGP Stock | 5.07 0.86 14.50% |
The current 90-days correlation between Lizhi Inc and Radian Group is 0.04 (i.e., Significant diversification). The correlation of Lizhi 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.
Lizhi Correlation With Market
Modest diversification
The correlation between Lizhi Inc and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lizhi Inc and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Lizhi Stock
| 0.61 | MNY | MoneyHero Limited Class | PairCorr |
| 0.67 | MNYWW | MoneyHero Limited | PairCorr |
| 0.73 | ZDGE | Zedge Inc | PairCorr |
| 0.63 | JFIN | Jiayin Group | PairCorr |
| 0.8 | JOYY | JOYY Inc Symbol Change | PairCorr |
| 0.74 | KIND | Nextdoor Holdings | PairCorr |
| 0.79 | MOMO | Hello Group | PairCorr |
| 0.76 | MTCH | Match Group | PairCorr |
Moving against Lizhi Stock
| 0.7 | DJT | Trump Media Technology | PairCorr |
| 0.57 | SJ | Scienjoy Holding Corp | PairCorr |
| 0.54 | FVRR | Fiverr International | PairCorr |
| 0.52 | CCG | Cheche Group Class Earnings Call This Week | PairCorr |
| 0.33 | SLE | Super League Enterprise | PairCorr |
| 0.86 | GIFT | RDE, Inc Symbol Change | PairCorr |
| 0.66 | SEATW | Vivid Seats Warrant | PairCorr |
| 0.63 | YELP | Yelp Inc | PairCorr |
| 0.45 | GETY | Getty Images Holdings | PairCorr |
| 0.61 | ONFOW | Onfolio Holdings Warrant | PairCorr |
| 0.6 | NAMI | Jinxin Technology Holding | PairCorr |
Related Correlations Analysis
| 0.03 | 0.01 | -0.4 | 0.01 | 0.08 | SSY | ||
| 0.03 | 0.34 | 0.82 | 0.72 | 0.8 | RDN | ||
| 0.01 | 0.34 | 0.25 | 0.46 | 0.23 | ZEUS | ||
| -0.4 | 0.82 | 0.25 | 0.56 | 0.55 | ESNT | ||
| 0.01 | 0.72 | 0.46 | 0.56 | 0.79 | EYE | ||
| 0.08 | 0.8 | 0.23 | 0.55 | 0.79 | SCSC | ||
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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 Lizhi Stock performing well and Lizhi 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 Lizhi'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SSY | 2.97 | 0.59 | 0.07 | (0.21) | 2.64 | 8.89 | 19.26 | |||
| RDN | 1.14 | 0.03 | 0.02 | 0.17 | 1.40 | 2.39 | 7.42 | |||
| ZEUS | 1.78 | (0.04) | 0.02 | 0.11 | 2.16 | 3.98 | 14.85 | |||
| ESNT | 1.03 | (0.13) | (0.09) | 0.00 | 1.45 | 1.93 | 6.44 | |||
| EYE | 2.12 | 0.98 | 0.55 | 0.78 | 0.86 | 6.85 | 20.87 | |||
| SCSC | 1.32 | 0.32 | 0.23 | 0.52 | 0.89 | 3.75 | 9.57 |
Lizhi Corporate Executives
Elected by the shareholders, the Lizhi's board of directors comprises two types of representatives: Lizhi inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lizhi. The board's role is to monitor Lizhi's management team and ensure that shareholders' interests are well served. Lizhi'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, Lizhi's outside directors are responsible for providing unbiased perspectives on the board's policies.