Arbe Robotics Correlations
ARBE Stock | USD 1.85 0.05 2.63% |
The correlation of Arbe Robotics 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.
Arbe Robotics Correlation With Market
Good diversification
The correlation between Arbe Robotics and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Arbe Robotics and DJI in the same portfolio, assuming nothing else is changed.
Arbe |
Moving together with Arbe Stock
Moving against Arbe Stock
0.62 | EEFT | Euronet Worldwide | PairCorr |
0.62 | EVCM | EverCommerce | PairCorr |
0.62 | EVTC | Evertec Tech Boost | PairCorr |
0.59 | NN | Nextnav Acquisition Corp | PairCorr |
0.49 | VRNS | Varonis Systems | PairCorr |
0.32 | VRNT | Verint Systems | PairCorr |
0.31 | MQ | Marqeta Tech Boost | PairCorr |
0.65 | FMTO | Femto Technologies Symbol Change | PairCorr |
0.6 | GEN | Gen Digital | PairCorr |
0.44 | FIVN | Five9 Inc | PairCorr |
0.39 | DOX | Amdocs | PairCorr |
0.45 | ODD | ODDITY Tech Earnings Call Tomorrow | PairCorr |
0.44 | PAY | Paymentus Holdings | PairCorr |
0.36 | MDB | MongoDB Earnings Call This Week | PairCorr |
0.34 | SOS | SOS Limited | PairCorr |
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
|
Risk-Adjusted Indicators
There is a big difference between Arbe Stock performing well and Arbe Robotics 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 Arbe Robotics' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
ACIW | 1.53 | 0.08 | 0.05 | 0.05 | 1.61 | 4.57 | 8.75 | |||
ESMT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
RELY | 1.59 | 0.26 | 0.13 | 0.25 | 1.79 | 4.55 | 12.44 | |||
EVCM | 1.46 | (0.21) | 0.00 | (0.27) | 0.00 | 2.51 | 9.53 | |||
GB | 2.32 | 0.29 | 0.09 | (4.34) | 2.92 | 4.77 | 17.90 | |||
CSGS | 1.17 | 0.26 | 0.19 | 0.37 | 1.16 | 2.80 | 7.67 | |||
CLBTW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
CCSI | 1.81 | 0.20 | 0.07 | 0.15 | 2.64 | 4.01 | 20.81 | |||
CCCS | 0.94 | (0.28) | 0.00 | (0.83) | 0.00 | 1.59 | 6.29 |
Arbe Robotics Corporate Management
Shay Naeh | Vice Operations | Profile | |
Yoram Stettiner | Chief Officer | Profile | |
Roman Levi | Senior Sales | Profile | |
Karine PintoFlomenboim | Chief Officer | Profile | |
Ayelet Tobias | HR Mang | Profile | |
Jacob Marenko | CEO CoFounder | Profile | |
Noam Arkind | CTO CoFounder | Profile |