Bumble Correlations

BMBL Stock

USD 4.69 0.08 1.74%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bumble moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bumble Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Bumble Correlation With Market

Modest diversification

The correlation between Bumble Inc and DJI is 0.24 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bumble Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Bumble Stock

0.85	OB	Outbrain	Pair Corr
0.72	DOYU	DouYu International Earnings Call This Week	Pair Corr
0.85	WBTN	WEBTOON Entertainment	Pair Corr
0.82	DJT	Trump Media Technology Symbol Change	Pair Corr
0.8	MAX	MediaAlpha	Pair Corr
0.87	MNY	MoneyHero Limited Class	Pair Corr
0.81	SLE	Super League Enterprise Earnings Call This Week	Pair Corr
0.73	GETY	Getty Images Holdings	Pair Corr
0.86	GOOG	Alphabet Class C	Pair Corr
0.93	YELP	Yelp Inc	Pair Corr
0.61	ZDGE	Zedge Inc	Pair Corr
0.64	IZEA	IZEA Inc	Pair Corr
0.76	KIND	Nextdoor Holdings	Pair Corr
0.93	NRDS	Nerdwallet Potential Growth	Pair Corr

Moving against Bumble Stock

0.82	ZH	Zhihu Inc ADR Earnings Call This Week	Pair Corr
0.78	EVER	EverQuote Class A	Pair Corr
0.78	CCG	Cheche Group Class	Pair Corr
0.73	BZ	Kanzhun Ltd ADR	Pair Corr
0.67	YY	YY Inc Class	Pair Corr
0.54	TME	Tencent Music Entert	Pair Corr
0.44	IAC	IAC Inc	Pair Corr
0.43	WB	Weibo Corp	Pair Corr
0.81	GIFT	RDE, Inc Symbol Change	Pair Corr
0.65	JFIN	Jiayin Group Trending	Pair Corr

Related Correlations Analysis

	LAW	EXFY	ENV	MNTV	DDOG	TTD	ZM	CRM	U	MNDY
LAW		0.55	0.0	0.0	0.75	0.63	0.69	0.77	0.35	0.29	LAW
EXFY	0.55		0.0	0.0	0.44	0.27	0.55	0.42	-0.06	0.36	EXFY
ENV	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	ENV
MNTV	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	MNTV
DDOG	0.75	0.44	0.0	0.0		0.96	0.83	0.95	-0.01	-0.17	DDOG
TTD	0.63	0.27	0.0	0.0	0.96		0.7	0.89	-0.06	-0.34	TTD
ZM	0.69	0.55	0.0	0.0	0.83	0.7		0.87	-0.06	0.08	ZM
CRM	0.77	0.42	0.0	0.0	0.95	0.89	0.87		0.07	-0.09	CRM
U	0.35	-0.06	0.0	0.0	-0.01	-0.06	-0.06	0.07		0.21	U
MNDY	0.29	0.36	0.0	0.0	-0.17	-0.34	0.08	-0.09	0.21		MNDY
	LAW	EXFY	ENV	MNTV	DDOG	TTD	ZM	CRM	U	MNDY

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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

TTD	+ 0.96	DDOG
CRM	+ 0.95	DDOG
CRM	+ 0.89	TTD
CRM	+ 0.87	ZM
ZM	+ 0.83	DDOG
CRM	+ 0.77	LAW

High negative correlations

MNDY	- 0.34	TTD
MNDY	- 0.17	DDOG
MNDY	- 0.09	CRM
U	- 0.06	ZM
U	- 0.06	TTD
U	- 0.06	EXFY

Risk-Adjusted Indicators

There is a big difference between Bumble Stock performing well and Bumble 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 Bumble'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
LAW	2.11	(0.44)	0.00	(0.73)	0.00	0.00	4.09	(4.79)	15.04
EXFY	2.99	0.13	0.00	(0.02)	0.00	0.00	6.35	(5.52)	28.23
ENV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MNTV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DDOG	1.79	(0.52)	0.00	(0.73)	0.00	0.00	2.66	(4.28)	15.08
TTD	2.56	(1.20)	0.00	(2.89)	0.00	0.00	3.49	(5.25)	37.45
ZM	1.37	(0.09)	0.00	(0.24)	0.00	0.00	2.54	(3.30)	16.58
CRM	1.42	(0.23)	0.00	(0.30)	0.00	0.00	2.72	(3.81)	8.88
U	3.53	(0.10)	0.00	(0.19)	0.00	0.00	6.69	(8.82)	41.49
MNDY	3.13	0.19	0.02	0.00	4.04	(3.14)	6.35	(7.61)	35.81

Bumble Corporate Management

Selby Drummond	Chief Officer	Profile
Stephanie Lilak	Chief Officer	Profile
Ali Rayl	Chief Officer	Profile
Tariq Shaukat	President	Profile
Philip Auerbach	Chief Officer	Profile
Yoav Flam	Chief Officer	Profile
Antoine Leblond	Chief Officer	Profile

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