Paltalk Correlations
| PALT Stock | USD 2.00 0.01 0.50% |
The correlation of Paltalk 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 Paltalk moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paltalk 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paltalk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. Paltalk |
The ability to find closely correlated positions to Paltalk could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paltalk 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 Paltalk - 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 Paltalk to buy it.
Moving together with Paltalk Stock
| + | 0.9 | U | Unity Software | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.87 | PD | Pagerduty | Fiscal Quarter End 31st of January 2024 | PairCorr | |
| + | 0.61 | QH | QuhuoLtd | Tech Boost | PairCorr | |
| + | 0.72 | VS | Versus Systems | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.81 | WK | Workiva | Fiscal Quarter End 31st of December 2023 | PairCorr | |
| + | 0.84 | ZM | Zoom Video Communications | Fiscal Quarter End 31st of January 2024 | PairCorr | |
| + | 0.72 | DMAN | Innovativ Media Group | PairCorr | ||
| + | 0.75 | DOCU | DocuSign | Buyout Trend | PairCorr | |
| + | 0.82 | DOMO | Domo Inc | Fiscal Quarter End 31st of January 2024 | PairCorr |
Moving against Paltalk Stock
Related Correlations Analysis
GE | VCSA | HD | DJCO | INTC | PFE | BAC | JPM | MSFT | JNJ | ||
GE | -0.32 | 0.68 | 0.78 | 0.85 | -0.39 | 0.89 | 0.88 | 0.77 | 0.14 | GE | |
VCSA | -0.32 | 0.14 | -0.44 | -0.34 | 0.73 | -0.19 | -0.27 | -0.52 | 0.51 | VCSA | |
HD | 0.68 | 0.14 | 0.43 | 0.56 | 0.15 | 0.81 | 0.66 | 0.31 | 0.67 | HD | |
DJCO | 0.78 | -0.44 | 0.43 | 0.82 | -0.54 | 0.73 | 0.86 | 0.75 | -0.06 | DJCO | |
INTC | 0.85 | -0.34 | 0.56 | 0.82 | -0.48 | 0.85 | 0.81 | 0.9 | -0.09 | INTC | |
PFE | -0.39 | 0.73 | 0.15 | -0.54 | -0.48 | -0.34 | -0.39 | -0.73 | 0.67 | PFE | |
BAC | 0.89 | -0.19 | 0.81 | 0.73 | 0.85 | -0.34 | 0.9 | 0.73 | 0.24 | BAC | |
JPM | 0.88 | -0.27 | 0.66 | 0.86 | 0.81 | -0.39 | 0.9 | 0.7 | 0.22 | JPM | |
MSFT | 0.77 | -0.52 | 0.31 | 0.75 | 0.9 | -0.73 | 0.73 | 0.7 | -0.39 | MSFT | |
JNJ | 0.14 | 0.51 | 0.67 | -0.06 | -0.09 | 0.67 | 0.24 | 0.22 | -0.39 | JNJ | |
GE | VCSA | HD | DJCO | INTC | PFE | BAC | JPM | MSFT | JNJ |
| 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 |
Risk-Adjusted Indicators
There is a big difference between Paltalk Stock performing well and Paltalk 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 Paltalk'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 | Information Ratio | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| GE | 1.19 | 0.09 | 0.07 | 0.11 | 1.11 | 0.06 | (1.38) | 2.53 | (2.13) | 8.75 | |
| VCSA | 3.54 | (0.51) | 0.00 | (0.23) | 0.00 | (0.10) | 0.00 | 8.07 | (7.78) | 24.16 | |
| HD | 0.91 | (0.03) | (0.02) | 0.00 | 1.12 | (0.02) | (0.98) | 1.86 | (1.93) | 6.32 | |
| DJCO | 1.19 | 0.06 | 0.04 | 0.09 | 1.41 | 0.04 | (1.25) | 3.15 | (1.85) | 9.86 | |
| INTC | 1.61 | 0.17 | 0.08 | 0.28 | 1.96 | 0.07 | (1.71) | 3.04 | (3.18) | 12.47 | |
| PFE | 1.16 | (0.26) | 0.00 | (0.44) | 0.00 | (0.17) | 0.00 | 2.49 | (2.46) | 8.75 | |
| BAC | 1.18 | 0.12 | 0.10 | 0.09 | 1.22 | 0.08 | (1.34) | 2.68 | (2.47) | 6.64 | |
| JPM | 0.72 | 0.13 | 0.12 | 0.17 | 0.86 | 0.13 | (0.78) | 1.54 | (1.36) | 5.54 | |
| MSFT | 1.07 | 0.18 | 0.11 | 0.34 | 1.29 | 0.12 | (1.07) | 2.35 | (2.40) | 6.82 | |
| JNJ | 0.68 | (0.06) | 0.00 | (0.08) | 0.00 | (0.08) | 0.00 | 1.11 | (1.70) | 3.62 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Paltalk 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?
Run Crypto Correlations Now
Crypto CorrelationsUse cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
| All Next | Launch Module |
Paltalk Corporate Management
Elected by the shareholders, the Paltalk's board of directors comprises two types of representatives: Paltalk inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paltalk. The board's role is to monitor Paltalk's management team and ensure that shareholders' interests are well served. Paltalk's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paltalk's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kara Jenny | Chief Officer | Profile | |
| Wilmary SotoGuignet | Co Sec | Profile | |
| Jason Katz | Chairman, Founder | Profile | |
| Adam Zalko | VP Engineering | Profile |
Already Invested in Paltalk?
The danger of trading Paltalk 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 Paltalk 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 Paltalk. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paltalk 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 Paltalk 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 Paltalk 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 Paltalk Stock. Highlighted below are key reports to facilitate an investment decision about Paltalk Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paltalk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Paltalk Stock please use our How to Invest in Paltalk guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Paltalk Stock analysis
When running Paltalk's price analysis, check to measure Paltalk's 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 Paltalk is operating at the current time. Most of Paltalk's value examination focuses on studying past and present price action to predict the probability of Paltalk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paltalk's price. Additionally, you may evaluate how the addition of Paltalk to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is Paltalk's 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 Paltalk. If investors know Paltalk 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 Paltalk 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 0.537 | Earnings Share (0.14) | Revenue Per Share 1.202 | Quarterly Revenue Growth 0.055 | Return On Assets (0.06) |
The market value of Paltalk is measured differently than its book value, which is the value of Paltalk that is recorded on the company's balance sheet. Investors also form their own opinion of Paltalk's value that differs from its market value or its book value, called intrinsic value, which is Paltalk's 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 Paltalk's market value can be influenced by many factors that don't directly affect Paltalk's 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 Paltalk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paltalk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paltalk's 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.