Curiositystream Correlations

CURI Stock

USD 2.57 0.04 1.53%

The current 90-days correlation between Curiositystream and iHeartMedia Class A is 0.24 (i.e., Modest diversification). The correlation of Curiositystream 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.

Curiositystream Correlation With Market

Average diversification

The correlation between Curiositystream and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Curiositystream 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 Curiositystream. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

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

Moving together with Curiositystream Stock

0.73	FWONA	Liberty Media	Pair Corr
0.82	NFLX	Netflix	Pair Corr
0.85	SPHR	Sphere Entertainment	Pair Corr
0.82	T	ATT Inc Aggressive Push	Pair Corr
0.69	CURIW	CuriosityStream	Pair Corr
0.64	WB	Weibo Corp	Pair Corr
0.81	YY	YY Inc Class	Pair Corr

Moving against Curiositystream Stock

0.71	AMC	AMC Entertainment	Pair Corr
0.69	EA	Electronic Arts	Pair Corr
0.64	RSVR	Reservoir Media	Pair Corr
0.59	CMCSA	Comcast Corp	Pair Corr
0.51	TC	TuanChe ADR	Pair Corr
0.38	AMCX	AMC Networks	Pair Corr
0.68	ANGHW	Anghami Warrants	Pair Corr
0.61	ZD	Ziff Davis	Pair Corr
0.58	ADD	Color Star Technology	Pair Corr
0.51	ADV	Advantage Solutions	Pair Corr
0.33	WIMI	WiMi Hologram Cloud	Pair Corr

Related Correlations Analysis

	IHRT	EMMS	BBGI	LSXMB	SGA	CMLS	SSP	GTN	AUDA	LPTV
IHRT		0.0	-0.23	0.0	0.64	0.28	-0.01	0.71	0.0	0.0	IHRT
EMMS	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	EMMS
BBGI	-0.23	0.0		0.0	-0.38	-0.55	0.69	-0.29	0.0	0.0	BBGI
LSXMB	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	LSXMB
SGA	0.64	0.0	-0.38	0.0		0.34	-0.35	0.64	0.0	0.0	SGA
CMLS	0.28	0.0	-0.55	0.0	0.34		-0.29	0.28	0.0	0.0	CMLS
SSP	-0.01	0.0	0.69	0.0	-0.35	-0.29		-0.21	0.0	0.0	SSP
GTN	0.71	0.0	-0.29	0.0	0.64	0.28	-0.21		0.0	0.0	GTN
AUDA	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	AUDA
LPTV	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		LPTV
	IHRT	EMMS	BBGI	LSXMB	SGA	CMLS	SSP	GTN	AUDA	LPTV

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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

GTN	+ 0.71	IHRT
SSP	+ 0.69	BBGI
SGA	+ 0.64	IHRT
GTN	+ 0.64	SGA
CMLS	+ 0.34	SGA
CMLS	+ 0.28	IHRT

High negative correlations

CMLS	- 0.55	BBGI
SGA	- 0.38	BBGI
SSP	- 0.35	SGA
SSP	- 0.29	CMLS
GTN	- 0.29	BBGI
BBGI	- 0.23	IHRT

Risk-Adjusted Indicators

There is a big difference between Curiositystream Stock performing well and Curiositystream 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 Curiositystream'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
IHRT	3.16	(0.06)	0.00	(0.07)	0.00	0.00	6.53	(5.53)	14.49
EMMS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BBGI	2.90	0.01	0.01	0.08	4.26	(2.84)	8.82	(7.37)	25.52
LSXMB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SGA	1.49	(0.09)	0.00	(0.19)	0.00	0.00	3.51	(2.86)	9.90
CMLS	4.04	0.13	0.02	0.10	5.41	(4.72)	8.54	(7.69)	25.03
SSP	4.11	(0.15)	0.00	(0.12)	0.00	0.00	8.67	(7.25)	22.32
GTN	3.20	(0.08)	0.00	(0.07)	0.00	0.00	6.35	(6.27)	17.15
AUDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LPTV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Curiositystream Corporate Management

Bakori Davis	Global Distribution	Profile
John Hendricks	Founder Chairman	Profile
Rob Burk	Head Content	Profile
Carrie Hurlburt	Senior Services	Profile
Peter Westley	Chief Officer	Profile

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