Correlation Between BeLive Holdings and LivePerson
Can any of the company-specific risk be diversified away by investing in both BeLive Holdings and LivePerson at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining BeLive Holdings and LivePerson into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between BeLive Holdings Ordinary and LivePerson, you can compare the effects of market volatilities on BeLive Holdings and LivePerson and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in BeLive Holdings with a short position of LivePerson. Check out your portfolio center. Please also check ongoing floating volatility patterns of BeLive Holdings and LivePerson.
Diversification Opportunities for BeLive Holdings and LivePerson
-0.42 | Correlation Coefficient |
Very good diversification
The 3 months correlation between BeLive and LivePerson is -0.42. Overlapping area represents the amount of risk that can be diversified away by holding BeLive Holdings Ordinary and LivePerson in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on LivePerson and BeLive Holdings is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on BeLive Holdings Ordinary are associated (or correlated) with LivePerson. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of LivePerson has no effect on the direction of BeLive Holdings i.e., BeLive Holdings and LivePerson go up and down completely randomly.
Pair Corralation between BeLive Holdings and LivePerson
Given the investment horizon of 90 days BeLive Holdings Ordinary is expected to generate 0.56 times more return on investment than LivePerson. However, BeLive Holdings Ordinary is 1.8 times less risky than LivePerson. It trades about 0.12 of its potential returns per unit of risk. LivePerson is currently generating about -0.22 per unit of risk. If you would invest 287.00 in BeLive Holdings Ordinary on August 16, 2025 and sell it today you would earn a total of 73.00 from holding BeLive Holdings Ordinary or generate 25.44% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Very Weak |
| Accuracy | 98.44% |
| Values | Daily Returns |
BeLive Holdings Ordinary vs. LivePerson
Performance |
| Timeline |
| BeLive Holdings Ordinary |
| LivePerson |
BeLive Holdings and LivePerson Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with BeLive Holdings and LivePerson
The main advantage of trading using opposite BeLive Holdings and LivePerson positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if BeLive Holdings position performs unexpectedly, LivePerson 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 LivePerson will offset losses from the drop in LivePerson's long position.| BeLive Holdings vs. LivePerson | BeLive Holdings vs. Beamr Imaging Ltd | BeLive Holdings vs. Viewbix Common Stock | BeLive Holdings vs. Cloudastructure, Class A |
| LivePerson vs. Intellinetics | LivePerson vs. Beamr Imaging Ltd | LivePerson vs. Viewbix Common Stock | LivePerson vs. BeLive Holdings Ordinary |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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