Vivid Seats Correlations
| SEAT Stock | USD 5.05 0.20 4.12% |
The correlation of Vivid Seats 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vivid Seats moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vivid Seats 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.
Weak diversification
The correlation between Vivid Seats and NYA is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vivid Seats and NYA in the same portfolio, assuming nothing else is changed.
Vivid |
The ability to find closely correlated positions to Vivid Seats could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vivid Seats 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 Vivid Seats - 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 Vivid Seats to buy it.
Moving against Vivid Stock
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Related Correlations Analysis
| 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
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Risk-Adjusted Indicators
There is a big difference between Vivid Stock performing well and Vivid Seats 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 Vivid Seats' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DBGI | 4.33 | (1.11) | 0.00 | (0.69) | 0.00 | 7.95 | 31.57 | |||
| PALT | 4.29 | (0.07) | 0.00 | 0.09 | 0.00 | 9.36 | 45.17 | |||
| DATS | 4.34 | (0.24) | 0.00 | (0.16) | 0.00 | 7.86 | 37.52 | |||
| ENSC | 3.63 | (0.56) | 0.00 | 0.60 | 0.00 | 6.67 | 27.46 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vivid Seats without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Vivid Seats Corporate Management
Elected by the shareholders, the Vivid Seats' board of directors comprises two types of representatives: Vivid Seats inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vivid. The board's role is to monitor Vivid Seats' management team and ensure that shareholders' interests are well served. Vivid Seats' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vivid Seats' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Geoff Lester | Chief Officer | Profile | |
| Lawrence IV | Chief Officer | Profile | |
| Stefano Langenbacher | Chief Officer | Profile | |
| Edward Pickus | Chief Officer | Profile | |
| Kate Africk | Head Relations | Profile | |
| Riva Bakal | Chief Officer | Profile |
Already Invested in Vivid Seats?
The danger of trading Vivid Seats 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 Vivid Seats 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 Vivid Seats. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vivid Seats 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.
When determining whether Vivid Seats is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Vivid Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vivid Seats Stock. Highlighted below are key reports to facilitate an investment decision about Vivid Seats Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vivid Seats. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Vivid Stock please use our How to Invest in Vivid Seats guide.Note that the Vivid Seats information on this page should be used as a complementary analysis to other Vivid Seats' 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 the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Vivid Stock analysis
When running Vivid Seats' price analysis, check to measure Vivid Seats' 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 Vivid Seats is operating at the current time. Most of Vivid Seats' value examination focuses on studying past and present price action to predict the probability of Vivid Seats' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivid Seats' price. Additionally, you may evaluate how the addition of Vivid Seats to your portfolios can decrease your overall portfolio volatility.
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Is Vivid Seats' 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 Vivid Seats. If investors know Vivid 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 Vivid Seats listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Earnings Share 0.15 | Revenue Per Share 6.951 | Quarterly Revenue Growth 0.185 | Return On Assets 0.032 |
The market value of Vivid Seats is measured differently than its book value, which is the value of Vivid that is recorded on the company's balance sheet. Investors also form their own opinion of Vivid Seats' value that differs from its market value or its book value, called intrinsic value, which is Vivid Seats' 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 Vivid Seats' market value can be influenced by many factors that don't directly affect Vivid Seats' 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 Vivid Seats' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vivid Seats is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vivid Seats' 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.