QVC Correlations

QVCGB Stock

25.00 1.09 4.18%

The current 90-days correlation between QVC Group and JD Sports Fashion is 0.11 (i.e., Average 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.

QVC Correlation With Market

Significant diversification

The correlation between QVC Group and DJI is 0.05 (i.e., Significant 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.

Build AI portfolio with QVC Stock

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 rate.

Moving together with QVC Stock

0.74	SDAWW	SunCar Technology	Pair Corr
0.94	GRPN	Groupon	Pair Corr
0.7	ARKOW	Arko Corp	Pair Corr
0.87	JFBR	Jeffs Brands	Pair Corr
0.68	LGCB	Linkage Global Ordinary Buyout Trend	Pair Corr
0.67	PBCRF	PT Bank Central	Pair Corr

Moving against QVC Stock

0.96	JMIA	Jumia Technologies	Pair Corr
0.94	DDS	Dillards,	Pair Corr
0.92	M	Macys Inc	Pair Corr
0.91	VIPS	Vipshop Holdings	Pair Corr
0.89	PDD	PDD Holdings Sell-off Trend	Pair Corr
0.89	SVV	Savers Value Village,	Pair Corr
0.85	LITB	LightInTheBox Holding	Pair Corr
0.82	KSS	Kohls Aggressive Push	Pair Corr
0.61	BQ	Boqii Holding Limited	Pair Corr
0.61	HOUR	Hour Loop	Pair Corr
0.6	JD	JD Inc Adr	Pair Corr
0.58	GLBE	Global E Online	Pair Corr
0.54	YJ	Yunji Inc	Pair Corr
0.43	ETSY	Etsy Inc	Pair Corr
0.93	BE	Bloom Energy Corp Trending	Pair Corr
0.9	BABA	Alibaba Group Holding	Pair Corr
0.9	AMCX	AMC Networks	Pair Corr
0.88	TPC	Tutor Perini	Pair Corr
0.84	FWEDF	Fireweed Zinc	Pair Corr
0.83	BZUN	Baozun Inc	Pair Corr
0.82	PBMRF	PT Bumi Resources	Pair Corr
0.78	MTB-PH	MT Bank	Pair Corr
0.77	MOGU	MOGU Inc	Pair Corr
0.68	MNSO	Miniso Group Holding	Pair Corr
0.68	CPNG	Coupang LLC Sell-off Trend	Pair Corr
0.66	SNOW	Snowflake	Pair Corr
0.63	NOC	Northrop Grumman Earnings Call This Week	Pair Corr
0.48	HCMC	Healthier Choices	Pair Corr

Related Correlations Analysis

	JDSPY	PYTCF	PLTK	MDGC	CNCM	SWMD
JDSPY		0.08	-0.42	0.0	0.0	0.0	JDSPY
PYTCF	0.08		-0.41	0.0	0.0	0.0	PYTCF
PLTK	-0.42	-0.41		0.0	0.0	0.0	PLTK
MDGC	0.0	0.0	0.0		1.0	1.0	MDGC
CNCM	0.0	0.0	0.0	1.0		1.0	CNCM
SWMD	0.0	0.0	0.0	1.0	1.0		SWMD
	JDSPY	PYTCF	PLTK	MDGC	CNCM	SWMD

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

CNCM	+ 1.0	MDGC
SWMD	+ 1.0	MDGC
SWMD	+ 1.0	CNCM
PYTCF	+ 0.08	JDSPY
MDGC	+ 0.0	JDSPY
CNCM	+ 0.0	JDSPY

High negative correlations

PLTK	- 0.42	JDSPY
PLTK	- 0.41	PYTCF
SWMD	- 0.0	PLTK
CNCM	- 0.0	PLTK
MDGC	- 0.0	PLTK
SWMD	- 0.0	PYTCF

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
JDSPY	2.62	0.18	0.05	0.29	2.92	(3.04)	5.66	(5.04)	14.30
PYTCF	0.52	(0.08)	0.00	0.74	0.00	0.00	0.00	0.00	23.61
PLTK	2.30	(0.43)	0.00	(0.15)	0.00	0.00	5.22	(4.40)	14.03
MDGC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CNCM	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SWMD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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

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