ZoomInfo Technologies Correlations

ZI Stock

USD 9.89 0.16 1.64%

The current 90-days correlation between ZoomInfo Technologies and MondayCom is 0.1 (i.e., Average diversification). The correlation of ZoomInfo Technologies 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.

ZoomInfo Technologies Correlation With Market

Modest diversification

The correlation between ZoomInfo Technologies and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ZoomInfo Technologies and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomInfo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.

Moving together with ZoomInfo Stock

0.82	AI	C3 Ai Inc Earnings Call This Week	Pair Corr
0.81	EB	Eventbrite Class A	Pair Corr
0.72	KC	Kingsoft Cloud Holdings	Pair Corr
0.89	ML	MoneyLion Tech Boost	Pair Corr
0.66	PD	Pagerduty Earnings Call This Week	Pair Corr
0.76	QH	Quhuo	Pair Corr
0.84	VCSA	Vacasa Inc	Pair Corr
0.83	VERB	VERB TECHNOLOGY PANY	Pair Corr
0.84	ELCO	Elcom International	Pair Corr
0.83	XELAP	Exela Technologies	Pair Corr

Moving against ZoomInfo Stock

0.81	VMEO	Vimeo Inc Buyout Trend	Pair Corr
0.64	DTRK	DATATRAK International	Pair Corr
0.61	DJCO	Daily Journal Corp	Pair Corr
0.61	AMSWA	American Software	Pair Corr
0.58	BL	Blackline	Pair Corr
0.44	DT	Dynatrace Holdings LLC	Pair Corr
0.4	DOMO	Domo Inc	Pair Corr
0.39	WK	Workiva	Pair Corr
0.82	DIDIY	Didi Global ADR Buyout Trend	Pair Corr
0.82	FICO	Fair Isaac Fiscal Year End 13th of November 2024	Pair Corr
0.68	WEBB	Web Global Holdings	Pair Corr
0.64	EGAN	eGain Earnings Call This Week	Pair Corr
0.62	EXFY	Expensify	Pair Corr
0.43	ELWS	Earlyworks Co,	Pair Corr
0.32	WDAY	Workday	Pair Corr

Related Correlations Analysis

	MNDY	DDOG	GTLB	HUBS	BILL	ASAN	TEAM	TTD	NOW	SNOW
MNDY		0.27	0.13	-0.2	0.32	0.27	0.09	0.77	0.64	-0.06	MNDY
DDOG	0.27		0.64	0.2	0.53	0.24	0.77	0.45	0.09	0.61	DDOG
GTLB	0.13	0.64		-0.05	0.71	0.72	0.83	0.1	0.06	0.51	GTLB
HUBS	-0.2	0.2	-0.05		0.14	-0.23	0.2	0.09	-0.62	0.54	HUBS
BILL	0.32	0.53	0.71	0.14		0.72	0.77	0.4	-0.03	0.42	BILL
ASAN	0.27	0.24	0.72	-0.23	0.72		0.63	0.08	0.27	0.15	ASAN
TEAM	0.09	0.77	0.83	0.2	0.77	0.63		0.26	-0.05	0.55	TEAM
TTD	0.77	0.45	0.1	0.09	0.4	0.08	0.26		0.27	0.13	TTD
NOW	0.64	0.09	0.06	-0.62	-0.03	0.27	-0.05	0.27		-0.41	NOW
SNOW	-0.06	0.61	0.51	0.54	0.42	0.15	0.55	0.13	-0.41		SNOW
	MNDY	DDOG	GTLB	HUBS	BILL	ASAN	TEAM	TTD	NOW	SNOW

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

TEAM	+ 0.83	GTLB
TTD	+ 0.77	MNDY
TEAM	+ 0.77	DDOG
TEAM	+ 0.77	BILL
ASAN	+ 0.72	GTLB
ASAN	+ 0.72	BILL

High negative correlations

NOW	- 0.62	HUBS
SNOW	- 0.41	NOW
ASAN	- 0.23	HUBS
HUBS	- 0.2	MNDY
SNOW	- 0.06	MNDY
NOW	- 0.05	TEAM

Risk-Adjusted Indicators

There is a big difference between ZoomInfo Stock performing well and ZoomInfo Technologies 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 ZoomInfo Technologies' 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
MNDY	2.04	0.08	0.03	0.19	2.49	(2.17)	3.48	(4.39)	16.34
DDOG	1.75	(0.15)	0.00	(0.06)	0.00	0.00	3.41	(4.78)	11.62
GTLB	2.65	(0.32)	0.00	(0.06)	0.00	0.00	5.07	(5.44)	21.94
HUBS	1.80	(0.45)	0.00	(0.53)	0.00	0.00	3.39	(4.12)	15.92
BILL	2.11	(0.03)	0.01	0.09	2.80	(2.07)	5.10	(5.35)	12.57
ASAN	2.56	(0.10)	(0.01)	0.05	3.03	(2.81)	4.54	(4.50)	23.13
TEAM	2.04	(0.12)	(0.02)	0.03	3.49	(2.15)	3.40	(3.24)	23.40
TTD	1.75	0.05	0.02	0.15	2.85	(1.65)	3.96	(3.11)	17.19
NOW	1.73	0.15	0.05	0.25	2.94	(1.73)	2.68	(3.45)	16.85
SNOW	2.12	(0.55)	0.00	(0.20)	0.00	0.00	3.71	(4.89)	20.38

ZoomInfo Technologies Corporate Management

David Reid	VP Controller	Profile
Anthony Stark	General Secretary	Profile
Ali Dasdan	Chief Officer	Profile
Prasadh Cadambi	Chief Strategy	Profile
Steve Vittorioso	Director Communications	Profile
James Roth	Chief Officer	Profile
Derek JD	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC