Life On Correlations

Summary

LFERDelisted Stock

USD 0.0003 0.00 0.00%

The correlation of Life On 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.

Life On Correlation With Market

Good diversification

The correlation between Life On Earth and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Life On Earth and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Life On could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Life On 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 Life On - 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 Life On Earth to buy it.

Moving together with Life Pink Sheet

0.92

MULN

Mullen Automotive

Pair Corr

Moving against Life Pink Sheet

0.87	JXN-PA	Jackson Financial	Pair Corr
0.76	MET	MetLife	Pair Corr
0.75	PFGC	Performance Food	Pair Corr
0.69	OMIC	Singular Genomics Systems	Pair Corr
0.58	FTI	TechnipFMC PLC	Pair Corr
0.55	USFD	US Foods Holding	Pair Corr
0.53	WDC	Western Digital	Pair Corr
0.47	ATAAY	Atacado SA	Pair Corr
0.46	DECK	Deckers Outdoor	Pair Corr
0.45	OPFI	OppFi Inc Potential Growth	Pair Corr
0.45	FTNT	Fortinet Sell-off Trend	Pair Corr
0.44	HA	Hawaiian Holdings	Pair Corr
0.41	JRONY	Jeronimo Martins SGPS	Pair Corr
0.4	BZLFF	Bunzl plc	Pair Corr
0.36	MCHB	Mechanics Bank	Pair Corr
0.32	BDDDY	Bid Limited	Pair Corr

Related Correlations Analysis

	COLFF	BZLFY	PACV	IVFH	PFGC	MDCN	MDJH	MSPC	FLJ	SFR
COLFF		0.79	-0.25	-0.89	-0.8	0.0	0.83	0.07	-0.6	0.31	COLFF
BZLFY	0.79		-0.22	-0.79	-0.69	0.0	0.72	0.01	-0.54	0.41	BZLFY
PACV	-0.25	-0.22		0.13	0.43	0.0	-0.47	-0.03	0.38	-0.67	PACV
IVFH	-0.89	-0.79	0.13		0.69	0.0	-0.68	-0.05	0.42	-0.22	IVFH
PFGC	-0.8	-0.69	0.43	0.69		0.0	-0.9	-0.05	0.72	-0.6	PFGC
MDCN	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	MDCN
MDJH	0.83	0.72	-0.47	-0.68	-0.9	0.0		-0.01	-0.76	0.55	MDJH
MSPC	0.07	0.01	-0.03	-0.05	-0.05	0.0	-0.01		0.08	0.06	MSPC
FLJ	-0.6	-0.54	0.38	0.42	0.72	0.0	-0.76	0.08		-0.54	FLJ
SFR	0.31	0.41	-0.67	-0.22	-0.6	0.0	0.55	0.06	-0.54		SFR
	COLFF	BZLFY	PACV	IVFH	PFGC	MDCN	MDJH	MSPC	FLJ	SFR

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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

MDJH	+ 0.83	COLFF
BZLFY	+ 0.79	COLFF
MDJH	+ 0.72	BZLFY
FLJ	+ 0.72	PFGC
PFGC	+ 0.69	IVFH
SFR	+ 0.55	MDJH

High negative correlations

MDJH	- 0.9	PFGC
IVFH	- 0.89	COLFF
PFGC	- 0.8	COLFF
IVFH	- 0.79	BZLFY
FLJ	- 0.76	MDJH
PFGC	- 0.69	BZLFY

Risk-Adjusted Indicators

There is a big difference between Life Pink Sheet performing well and Life On 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 Life On'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
COLFF	1.25	(0.66)	0.00	(0.88)	0.00	0.00	0.00	(2.82)	20.95
BZLFY	0.86	(0.06)	0.00	(0.06)	0.00	0.00	1.47	(1.63)	5.67
PACV	36.53	13.46	0.00	0.47	0.00	0.00	0.00	0.00	1,200
IVFH	2.91	0.39	0.05	(0.42)	3.20	(3.87)	6.41	(7.14)	22.85
PFGC	0.94	0.12	0.15	0.19	0.79	(1.10)	2.42	(1.54)	9.40
MDCN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MDJH	6.47	(1.73)	0.00	1.16	0.00	0.00	8.47	(14.29)	94.18
MSPC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FLJ	11.96	2.99	0.27	0.49	10.45	(15.95)	34.52	(17.65)	272.59
SFR	14.17	1.95	0.14	(4.20)	11.26	(25.30)	33.33	(21.57)	254.90

View Life On Related Equities

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Risk & Return

Correlation

Still Interested in Life On Earth?

Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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