Liberty Broadband Corp Preferred Stock Market Value
| LBRDP Preferred Stock | USD 24.00 0.07 0.29% |
| Symbol | Liberty |
Liberty Broadband 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Liberty Broadband's preferred stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Liberty Broadband.
| 10/17/2024 |
| 11/16/2024 |
If you would invest 0.00 in Liberty Broadband on October 17, 2024 and sell it all today you would earn a total of 0.00 from holding Liberty Broadband Corp or generate 0.0% return on investment in Liberty Broadband over 30 days. Liberty Broadband is related to or competes with Wells Fargo, Bank of America, Capital One, and Capital One. Liberty Broadband Corporation engages in the communications businesses More
Liberty Broadband Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Liberty Broadband's preferred stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Liberty Broadband Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6721 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 3.58 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.29 |
Liberty Broadband Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Liberty Broadband's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Liberty Broadband's standard deviation. In reality, there are many statistical measures that can use Liberty Broadband historical prices to predict the future Liberty Broadband's volatility.| Risk Adjusted Performance | 0.1115 | |||
| Jensen Alpha | 0.0919 | |||
| Total Risk Alpha | 0.0042 | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 9.57 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Liberty Broadband's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Liberty Broadband Corp Backtested Returns
Currently, Liberty Broadband Corp is very steady. Liberty Broadband Corp has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Liberty Broadband, which you can use to evaluate the volatility of the firm. Please verify Liberty Broadband's Risk Adjusted Performance of 0.1115, downside deviation of 0.6721, and Mean Deviation of 0.4844 to check out if the risk estimate we provide is consistent with the expected return of 0.0804%. Liberty Broadband has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0097, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Liberty Broadband's returns are expected to increase less than the market. However, during the bear market, the loss of holding Liberty Broadband is expected to be smaller as well. Liberty Broadband Corp right now secures a risk of 0.68%. Please verify Liberty Broadband Corp maximum drawdown, and the relationship between the information ratio and expected short fall , to decide if Liberty Broadband Corp will be following its current price movements.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Liberty Broadband Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Liberty Broadband time series from 17th of October 2024 to 1st of November 2024 and 1st of November 2024 to 16th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Liberty Broadband Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Liberty Broadband price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Liberty Broadband Corp lagged returns against current returns
Autocorrelation, which is Liberty Broadband preferred stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Liberty Broadband's preferred stock expected returns. We can calculate the autocorrelation of Liberty Broadband returns to help us make a trade decision. For example, suppose you find that Liberty Broadband has exhibited high autocorrelation historically, and you observe that the preferred stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Liberty Broadband regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Liberty Broadband preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Liberty Broadband preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Liberty Broadband preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Liberty Broadband Lagged Returns
When evaluating Liberty Broadband's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Liberty Broadband preferred stock have on its future price. Liberty Broadband autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Liberty Broadband autocorrelation shows the relationship between Liberty Broadband preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Liberty Broadband Corp.
Regressed Prices |
| Timeline |
Pair Trading with Liberty Broadband
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Liberty Broadband position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Liberty Broadband will appreciate offsetting losses from the drop in the long position's value.Moving against Liberty Preferred Stock
| 0.69 | TIAIY | Telecom Italia SpA | PairCorr |
| 0.62 | COMSP | COMSovereign Holding Corp | PairCorr |
| 0.52 | TLSNY | Telia Company | PairCorr |
| 0.39 | LICT | Lict | PairCorr |
| 0.35 | WOWI | Metro One Telecommun Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Liberty Broadband could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Broadband when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liberty Broadband - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liberty Broadband Corp to buy it.
The correlation of Liberty Broadband 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Broadband moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Broadband Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Liberty Broadband can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Liberty Preferred Stock Analysis
When running Liberty Broadband's price analysis, check to measure Liberty Broadband's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Liberty Broadband is operating at the current time. Most of Liberty Broadband's value examination focuses on studying past and present price action to predict the probability of Liberty Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Broadband's price. Additionally, you may evaluate how the addition of Liberty Broadband to your portfolios can decrease your overall portfolio volatility.