Spark Networks Correlations

LOV
 Stock
  

USD 3.46  0.12  3.59%   

The correlation of Spark Networks is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spark Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spark Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Additionally, see Stocks Correlation.
  
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The ability to find closely correlated positions to Spark Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spark Networks 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 Spark Networks - 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 Spark Networks to buy it.

Moving together with Spark Networks

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0.75CDLXCardlyticsPairCorr
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Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
MMMANGI
GEANGI
BIDUANGI
GEMMM
MMMBLCT
BLCTANGI
  
High negative correlations   
KOANGI
MMMKO
GEKO
KOBIDU
KOBLCT
MMMREMRF

Spark Networks Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Spark Networks stock performing well and Spark Networks company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Spark Networks' multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ANGI 3.29 (0.24)  0.00 (0.17)  0.00 (0.06)  0.00  6.39 (6.72)  37.04 
AREN 5.59  0.18  0.02  0.12  6.89  0.0214 (6.45)  15.79 (12.33)  59.66 
BIDU 2.71  0.05  0.01 (0.01)  3.32  0.0073 (2.88)  5.45 (5.52)  47.89 
BLCT 3.21 (0.49)  0.00 (0.66)  0.00 (0.11)  0.00  6.88 (8.24)  33.76 
REMRF 5.81  0.73  0.09  0.49  6.12  0.08 (8.50)  16.13 (11.11)  66.41 
AXP 1.60  0.03  0.00 (0.02)  0.00  0.0057  0.00  3.46 (3.54)  17.39 
KO 0.79  0.08  0.07  0.09  1.21  0.09 (0.75)  1.84 (1.79)  10.84 
HD 1.22  0.02  0.00 (0.02)  0.00  0.0116  0.00  2.38 (2.89)  14.58 
MMM 0.97 (0.11)  0.00 (0.17)  0.00 (0.08)  0.00  1.78 (2.35)  9.27 
GE 1.56 (0.12)  0.00 (0.12)  0.00 (0.06)  0.00  3.24 (3.58)  16.16 

Similar Equity Warning - LOV

Spark Networks was forked

The entity Spark Networks with a symbol LOV was recently forked. You can potentially use SPARK NETWORKS INC with a symbol LOV1 from now on.

Spark Networks Corporate Directors

Spark Networks corporate directors refer to members of a Spark Networks board of directors. The board of directors generally takes responsibility for the Spark Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Spark Networks' board members must vote for the resolution. The Spark Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Investing Spark Networks

You need to understand the risk of investing before taking a position in Spark Networks. The danger of trading Spark Networks is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Spark Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Spark Networks. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spark Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Stocks Correlation. Note that the Spark Networks information on this page should be used as a complementary analysis to other Spark Networks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Spark Stock analysis

When running Spark Networks price analysis, check to measure Spark Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spark Networks is operating at the current time. Most of Spark Networks' value examination focuses on studying past and present price action to predict the probability of Spark Networks' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Spark Networks' price. Additionally, you may evaluate how the addition of Spark Networks to your portfolios can decrease your overall portfolio volatility.
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Is Spark Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spark Networks. If investors know Spark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spark Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Spark Networks is measured differently than its book value, which is the value of Spark that is recorded on the company's balance sheet. Investors also form their own opinion of Spark Networks' value that differs from its market value or its book value, called intrinsic value, which is Spark Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spark Networks' market value can be influenced by many factors that don't directly affect Spark Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spark Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine Spark Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spark Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.