LLYVA Stock Summary and Trading Ideas (Liberty Media - Series A Liberty Live | NASDAQ:LLYVA)

Liberty Live Group would be engaged in the operations of Live Nation, and Liberty Media's strategy for that group is to maximize the value of its investment in that company and the other assets attributed to the Liberty Live Group and to use the new Liberty Live common stock to make strategic acquisitions or for other capital raising initiatives.

Liberty Media - Series A Liberty Live trades on the NASDAQ stock market under the symbol LLYVA.

As of November 4, 2024, LLYVA stock price declined to $56.46 with 45,936 million shares trading.

LLYVA has a beta of 1.37, meaning it tends to be more sensitive to market movements. LLYVA has a correlation of 0.24 to the broad based SPY ETF.

LLYVA has a market cap of $5.18 billion. This is considered a Mid Cap stock.

The top ETF exchange traded funds that LLYVA belongs to (by Net Assets): VTI, VB, VBR, VXF, VOX.

LLYVA has outperformed the market in the last year with a price return of +79.9% while the SPY ETF gained +36.5%. LLYVA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +56.3% and +5.7%, respectively, while the SPY returned +5.3% and -2.5%, respectively.

LLYVA support price is $55.69 and resistance is $57.71 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LLYVA shares will trade within this expected range on the day.