Outbrain Correlations
OB Stock | USD 5.10 0.05 0.99% |
The current 90-days correlation between Outbrain and Perion Network is 0.05 (i.e., Significant diversification). The correlation of Outbrain 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.
Outbrain Correlation With Market
Weak diversification
The correlation between Outbrain and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Outbrain and DJI in the same portfolio, assuming nothing else is changed.
Outbrain |
Moving together with Outbrain Stock
Moving against Outbrain Stock
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0.37 | MNYWW | MoneyHero Limited | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Outbrain Stock performing well and Outbrain 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 Outbrain'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PERI | 2.40 | (0.61) | 0.00 | (0.27) | 0.00 | 4.00 | 31.41 | |||
TBLAW | 7.39 | (1.21) | 0.00 | (0.13) | 0.00 | 10.00 | 73.53 | |||
FVRR | 2.82 | (0.05) | (0.01) | 0.07 | 3.71 | 5.14 | 30.12 | |||
ANGI | 3.09 | 0.42 | 0.11 | 0.45 | 3.26 | 7.49 | 38.01 | |||
MTCH | 1.75 | 0.21 | 0.16 | 0.26 | 1.36 | 4.01 | 16.31 | |||
MAX | 2.35 | (0.03) | (0.03) | 0.05 | 3.18 | 5.67 | 18.08 | |||
YY | 1.31 | 0.12 | 0.02 | 0.75 | 1.42 | 2.87 | 8.47 | |||
IAC | 1.41 | 0.01 | 0.01 | 0.12 | 1.92 | 2.58 | 9.73 | |||
YELP | 1.05 | (0.18) | 0.00 | (0.06) | 0.00 | 1.70 | 8.29 | |||
GRPN | 3.61 | (0.21) | (0.03) | (0.01) | 4.55 | 8.97 | 25.27 |
Outbrain Corporate Management
Jason CPA | Chief Officer | Profile | |
Sarah Gavin | Head Communications | Profile | |
Yaron Galai | Chairman CoFounder | Profile | |
Veronica Gonzalez | Chief Counsel | Profile | |
Yossi Amara | Chief Officer | Profile | |
Paul Knegten | Chief Officer | Profile |