Liquidity Services Correlations

LQDT Stock

USD 24.52 0.28 1.13%

The current 90-days correlation between Liquidity Services and Monro Muffler Brake is 0.13 (i.e., Average diversification). The correlation of Liquidity Services 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.

Liquidity Services Correlation With Market

Significant diversification

The correlation between Liquidity Services and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Liquidity Services and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Liquidity Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Liquidity Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more information on how to buy Liquidity Stock please use our How to Invest in Liquidity Services guide.

Moving together with Liquidity Stock

0.7	VIRC	Virco Manufacturing	Pair Corr
0.62	AGS	PlayAGS	Pair Corr
0.72	AZI	Autozi Internet Tech	Pair Corr

Moving against Liquidity Stock

0.72	FIVE	Five Below Sell-off Trend	Pair Corr
0.64	WBUY	WEBUY GLOBAL LTD Downward Rally	Pair Corr
0.61	CMPR	Cimpress NV Earnings Call This Week	Pair Corr
0.61	OI	O I Glass Earnings Call This Week	Pair Corr
0.59	AAP	Advance Auto Parts	Pair Corr
0.58	SW	Smurfit WestRock plc Potential Growth	Pair Corr
0.55	FIGS	Figs Inc	Pair Corr
0.53	ABG	Asbury Automotive Earnings Call This Week	Pair Corr
0.52	FLYE	Fly E Group, Downward Rally	Pair Corr
0.5	MB	MasterBeef Group Ordinary	Pair Corr
0.48	DRVN	Driven Brands Holdings	Pair Corr
0.48	EFOI	Energy Focu	Pair Corr
0.47	MLKN	MillerKnoll	Pair Corr
0.47	IP	International Paper	Pair Corr
0.46	F-PC	Ford Motor	Pair Corr
0.46	WYNN	Wynn Resorts Limited	Pair Corr
0.46	FLUT	Flutter Entertainment plc	Pair Corr
0.4	FFAI	Faraday Future Intel Symbol Change	Pair Corr
0.31	F-PB	Ford Motor	Pair Corr
0.74	BBW	Build A Bear	Pair Corr
0.72	BWA	BorgWarner Earnings Call This Week	Pair Corr
0.72	CWH	Camping World Holdings Earnings Call This Week	Pair Corr
0.71	AKA	AKA Brands Holding	Pair Corr
0.71	FOXF	Fox Factory Holding	Pair Corr
0.68	CSV	Carriage Services Earnings Call This Week	Pair Corr
0.65	ALV	Autoliv	Pair Corr
0.65	CCK	Crown Holdings	Pair Corr
0.63	AVY	Avery Dennison Corp Earnings Call Today	Pair Corr
0.6	BYD	Boyd Gaming Earnings Call Tomorrow	Pair Corr
0.6	CUK	Carnival Plc ADS	Pair Corr
0.59	AIN	Albany International Earnings Call This Week	Pair Corr
0.56	ASO	Academy Sports Outdoors	Pair Corr

Related Correlations Analysis

	HOUR	DTCB	DIBS	MNRO	ZUMZ	QNST	BCPC
HOUR		0.0	0.51	0.38	0.72	-0.2	-0.36	HOUR
DTCB	0.0		0.0	0.0	0.0	0.0	0.0	DTCB
DIBS	0.51	0.0		0.58	0.33	-0.29	-0.08	DIBS
MNRO	0.38	0.0	0.58		0.32	-0.06	-0.03	MNRO
ZUMZ	0.72	0.0	0.33	0.32		-0.35	0.05	ZUMZ
QNST	-0.2	0.0	-0.29	-0.06	-0.35		-0.38	QNST
BCPC	-0.36	0.0	-0.08	-0.03	0.05	-0.38		BCPC
	HOUR	DTCB	DIBS	MNRO	ZUMZ	QNST	BCPC

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

ZUMZ	+ 0.72	HOUR
MNRO	+ 0.58	DIBS
DIBS	+ 0.51	HOUR
MNRO	+ 0.38	HOUR
ZUMZ	+ 0.33	DIBS
ZUMZ	+ 0.32	MNRO

High negative correlations

BCPC	- 0.38	QNST
BCPC	- 0.36	HOUR
QNST	- 0.35	ZUMZ
QNST	- 0.29	DIBS
QNST	- 0.2	HOUR
BCPC	- 0.08	DIBS

Risk-Adjusted Indicators

There is a big difference between Liquidity Stock performing well and Liquidity Services 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 Liquidity Services' 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
HOUR	3.59	0.45	0.10	0.74	3.68	(4.38)	10.74	(5.38)	23.67
DTCB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIBS	2.26	0.09	0.02	0.25	2.65	(2.48)	5.36	(4.51)	13.75
MNRO	3.03	0.03	0.03	0.16	3.29	(3.56)	6.48	(5.17)	37.83
ZUMZ	2.36	(0.16)	(0.01)	0.06	3.25	(2.41)	5.12	(4.87)	20.41
QNST	1.92	(0.08)	0.00	0.93	0.00	0.00	3.04	(3.26)	21.23
BCPC	0.88	(0.19)	0.00	(0.15)	0.00	0.00	1.84	(2.35)	6.67

Liquidity Services Corporate Management

Mark JD	Chief Secretary	Profile
Novelette Murray	Chief Officer	Profile
William III	Chairman Cofounder	Profile
Anthony Long	Vice Marketing	Profile
Steven Weiskircher	Chief Officer	Profile
Mark Shaffer	General Counsel, Corporate Secretary	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC