Lizhi Correlations

Summary

LIZIDelisted Stock

USD 0.80 0.03 3.90%

The current 90-days correlation between Lizhi Inc and Yelp Inc is 0.06 (i.e., Significant diversification). The correlation of Lizhi 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.

Lizhi Correlation With Market

Good diversification

The correlation between Lizhi Inc 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 Lizhi Inc and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Lizhi Stock

0.74	SSNLF	Samsung Electronics	Pair Corr
0.66	PTAIF	PT Astra International	Pair Corr

Moving against Lizhi Stock

0.56	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.49	BKRKY	Bank Rakyat	Pair Corr
0.46	KO	Coca Cola Sell-off Trend	Pair Corr
0.46	MMM	3M Company Fiscal Year End 28th of January 2025	Pair Corr
0.45	TLK	Telkom Indonesia Tbk	Pair Corr
0.38	BKRKF	PT Bank Rakyat	Pair Corr
0.35	PPERY	Bank Mandiri Persero	Pair Corr
0.34	PPERF	Bank Mandiri Persero	Pair Corr

Related Correlations Analysis

	MAX	ASST	YELP	BZFD	DOYU	TME	WB	PGRU	ONFO	GROM
MAX		0.43	-0.74	-0.64	-0.07	0.1	0.08	-0.35	-0.37	0.74	MAX
ASST	0.43		-0.53	-0.51	0.2	-0.48	-0.56	-0.87	-0.75	0.79	ASST
YELP	-0.74	-0.53		0.69	0.19	0.06	0.06	0.47	0.44	-0.72	YELP
BZFD	-0.64	-0.51	0.69		-0.03	0.02	0.11	0.46	0.5	-0.76	BZFD
DOYU	-0.07	0.2	0.19	-0.03		-0.03	-0.13	-0.32	-0.01	0.15	DOYU
TME	0.1	-0.48	0.06	0.02	-0.03		0.95	0.38	0.33	-0.19	TME
WB	0.08	-0.56	0.06	0.11	-0.13	0.95		0.46	0.42	-0.27	WB
PGRU	-0.35	-0.87	0.47	0.46	-0.32	0.38	0.46		0.7	-0.72	PGRU
ONFO	-0.37	-0.75	0.44	0.5	-0.01	0.33	0.42	0.7		-0.72	ONFO
GROM	0.74	0.79	-0.72	-0.76	0.15	-0.19	-0.27	-0.72	-0.72		GROM
	MAX	ASST	YELP	BZFD	DOYU	TME	WB	PGRU	ONFO	GROM

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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

WB	+ 0.95	TME
GROM	+ 0.79	ASST
GROM	+ 0.74	MAX
ONFO	+ 0.7	PGRU
BZFD	+ 0.69	YELP
ONFO	+ 0.5	BZFD

High negative correlations

PGRU	- 0.87	ASST
GROM	- 0.76	BZFD
ONFO	- 0.75	ASST
YELP	- 0.74	MAX
GROM	- 0.72	ONFO
GROM	- 0.72	PGRU

Risk-Adjusted Indicators

There is a big difference between Lizhi Stock performing well and Lizhi 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 Lizhi'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
MAX	2.70	(0.49)	0.00	(0.34)	0.00	0.00	4.70	(5.09)	35.30
ASST	6.84	(1.18)	0.00	0.61	0.00	0.00	12.00	(11.56)	72.39
YELP	1.26	0.12	0.00	(1.74)	1.33	(1.46)	3.13	(2.34)	8.65
BZFD	3.82	0.63	0.21	0.37	3.18	(4.92)	12.47	(5.98)	21.51
DOYU	4.14	(0.52)	0.00	1.06	0.00	0.00	7.28	(6.42)	53.50
TME	2.42	0.07	0.02	0.21	2.45	(3.02)	5.81	(4.93)	21.86
WB	2.84	0.37	0.08	1.43	3.22	(3.23)	7.48	(5.36)	23.98
PGRU	0.13	0.00	(0.48)	(0.06)	0.10	(0.20)	0.30	(0.30)	1.06
ONFO	5.10	0.72	0.10	10.22	5.57	(6.00)	9.71	(11.11)	39.43
GROM	6.20	(2.75)	0.00	2.16	0.00	0.00	10.26	(23.68)	77.44

Delisting Warning - LIZI

Lizhi Inc was delisted

The entity Lizhi Inc with a symbol LIZI was delisted from NASDAQ Exchange. Please try Lizhi Inc with a symbol SOGP from now on. Check all delisted instruments accross multiple markets.

Lizhi Corporate Management

Ning Ding	CoFounder CTO	Profile
Juan Ren	VP Director	Profile
Zelong Li	Chief Officer	Profile
Chengfang Lu	Acting Officer	Profile
Effy Kang	Head Markets	Profile
Jinnan Lai	Chairman Founder	Profile

Still Interested in Lizhi Inc?

Investing in delisted delisted stocks can be risky, as the stock 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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