QVC Correlations
| QVCGP Stock | 17.35 0.91 4.98% |
The current 90-days correlation between QVC Group and Aptiv PLC is -0.1 (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
Average diversification
The correlation between QVC Group and DJI is 0.17 (i.e., Average 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
| 0.85 | HEPS | D MARKET Electronic | PairCorr |
| 0.62 | JWEL | Jowell Global | PairCorr |
| 0.61 | LGCB | Linkage Global Ordinary | PairCorr |
| 0.67 | LQDT | Liquidity Services | PairCorr |
| 0.92 | QVCGA | QVC Group Symbol Change | PairCorr |
| 0.89 | RVLV | Revolve Group LLC | PairCorr |
| 0.84 | BYON | Beyond, | PairCorr |
| 0.61 | IP | International Paper | PairCorr |
| 0.66 | F-PD | F PD | PairCorr |
| 0.67 | WPRT | Westport Fuel Systems | PairCorr |
| 0.7 | FFAI | Faraday Future Intel Symbol Change | PairCorr |
| 0.72 | AGH | Aureus Greenway Holdings | PairCorr |
| 0.62 | AIN | Albany International | PairCorr |
| 0.66 | AVY | Avery Dennison Corp | PairCorr |
| 0.64 | DMN | Damon Common Stock | PairCorr |
Moving against QVC Stock
| 0.74 | OCG | Oriental Culture Holding | PairCorr |
| 0.71 | LITB | LightInTheBox Holding | PairCorr |
| 0.48 | TDUP | ThredUp | PairCorr |
| 0.34 | DADA | Dada Nexus | PairCorr |
Related Correlations Analysis
| 0.85 | -0.04 | 0.83 | 0.69 | 0.92 | 0.16 | PRKS | ||
| 0.85 | 0.14 | 0.88 | 0.6 | 0.86 | 0.27 | GNTX | ||
| -0.04 | 0.14 | 0.2 | 0.0 | 0.17 | -0.21 | ANPDY | ||
| 0.83 | 0.88 | 0.2 | 0.6 | 0.92 | 0.1 | APTV | ||
| 0.69 | 0.6 | 0.0 | 0.6 | 0.62 | -0.03 | MPX | ||
| 0.92 | 0.86 | 0.17 | 0.92 | 0.62 | 0.07 | LPL | ||
| 0.16 | 0.27 | -0.21 | 0.1 | -0.03 | 0.07 | JDDSF | ||
| 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
| High negative correlations
|
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PRKS | 2.50 | 0.09 | 0.00 | (0.07) | 0.00 | 4.45 | 21.69 | |||
| GNTX | 1.36 | (0.10) | 0.00 | (0.29) | 0.00 | 2.50 | 9.16 | |||
| ANPDY | 1.96 | 0.17 | 0.09 | 2.87 | 2.85 | 3.77 | 16.75 | |||
| APTV | 2.00 | (0.01) | 0.05 | (0.08) | 2.96 | 3.65 | 19.44 | |||
| MPX | 1.59 | (0.09) | 0.00 | 0.20 | 0.00 | 3.30 | 15.55 | |||
| LPL | 1.65 | 0.06 | 0.00 | (0.05) | 0.00 | 3.56 | 11.88 | |||
| JDDSF | 0.40 | (0.09) | 0.00 | 0.17 | 0.00 | 0.00 | 19.78 |
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 |