Trump Media Correlations

DJT Stock

21.01 0.76 3.75%

The current 90-days correlation between Trump Media Technology and Verra Mobility Corp is 0.02 (i.e., Significant diversification). The correlation of Trump Media 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Trump Media Correlation With Market

Good diversification

The correlation between Trump Media Technology and DJI is -0.18 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trump Media Technology and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Moving together with Trump Stock

0.83	OB	Outbrain	Pair Corr
0.77	WBTN	WEBTOON Entertainment	Pair Corr
0.78	DJTWW	Trump Media Technology Symbol Change	Pair Corr
0.92	MNY	MoneyHero Limited Class	Pair Corr
0.83	RUM	Rumble Inc	Pair Corr
0.9	SLE	Super League Enterprise Earnings Call Tomorrow	Pair Corr
0.74	GITS	Global Interactive Symbol Change	Pair Corr
0.73	GOOG	Alphabet Class C Aggressive Push	Pair Corr
0.71	YELP	Yelp Inc	Pair Corr
0.71	MNYWW	MoneyHero Limited	Pair Corr
0.73	ZDGE	Zedge Inc	Pair Corr
0.68	SEATW	Vivid Seats Warrant	Pair Corr
0.69	KIND	Nextdoor Holdings	Pair Corr
0.77	RUMBW	Rumble Inc	Pair Corr
0.79	LCFY	Locafy	Pair Corr
0.69	BZFDW	BuzzFeed	Pair Corr
0.87	NRDS	Nerdwallet	Pair Corr

Moving against Trump Stock

0.91	EVER	EverQuote Class A	Pair Corr
0.71	BZ	Kanzhun Ltd ADR	Pair Corr
0.71	ZH	Zhihu Inc ADR	Pair Corr
0.71	TME	Tencent Music Entert	Pair Corr
0.66	WB	Weibo Corp	Pair Corr
0.66	YY	YY Inc Class	Pair Corr
0.59	IAC	IAC Inc	Pair Corr
0.51	GENI	Genius Sports	Pair Corr
0.44	CCG	Cheche Group Class	Pair Corr
0.82	GIFT	RDE, Inc Symbol Change	Pair Corr
0.8	JFIN	Jiayin Group	Pair Corr
0.8	ATHM	Autohome	Pair Corr
0.75	AREN	Arena Group Holdings Earnings Call This Week	Pair Corr

Related Correlations Analysis

	TITN	CPNG	PG	VRRM	UG	SE	MESA	CDR-PB
TITN		0.66	0.19	0.55	0.85	0.55	0.08	0.44	TITN
CPNG	0.66		0.44	0.28	0.47	0.61	-0.2	0.4	CPNG
PG	0.19	0.44		-0.34	0.04	0.59	-0.6	0.53	PG
VRRM	0.55	0.28	-0.34		0.59	-0.19	0.78	-0.26	VRRM
UG	0.85	0.47	0.04	0.59		0.48	0.24	0.38	UG
SE	0.55	0.61	0.59	-0.19	0.48		-0.58	0.75	SE
MESA	0.08	-0.2	-0.6	0.78	0.24	-0.58		-0.58	MESA
CDR-PB	0.44	0.4	0.53	-0.26	0.38	0.75	-0.58		CDR-PB
	TITN	CPNG	PG	VRRM	UG	SE	MESA	CDR-PB

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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

UG	+ 0.85	TITN
MESA	+ 0.78	VRRM
CDR-PB	+ 0.75	SE
CPNG	+ 0.66	TITN
SE	+ 0.61	CPNG
SE	+ 0.59	PG

High negative correlations

MESA	- 0.6	PG
CDR-PB	- 0.58	MESA
MESA	- 0.58	SE
VRRM	- 0.34	PG
CDR-PB	- 0.26	VRRM
MESA	- 0.2	CPNG

Risk-Adjusted Indicators

There is a big difference between Trump Stock performing well and Trump Media 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 Trump Media'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
TITN	2.81	0.38	0.10	0.16	3.30	(2.96)	6.28	(6.06)	19.31
CPNG	1.46	(0.03)	0.00	0.13	0.00	0.00	2.97	(3.69)	11.08
PG	0.87	(0.03)	0.00	(0.13)	0.00	0.00	1.67	(2.18)	8.13
VRRM	1.24	(0.18)	0.00	(0.43)	0.00	0.00	2.23	(2.50)	14.15
UG	1.45	0.01	0.03	(0.07)	1.82	(1.48)	3.33	(2.87)	9.31
SE	2.08	0.25	0.09	0.19	2.52	(2.13)	4.09	(4.15)	16.75
MESA	3.05	(0.24)	0.00	(0.19)	0.00	0.00	5.49	(7.20)	28.95
CDR-PB	2.08	0.17	0.05	2.08	3.39	(2.39)	5.56	(4.55)	21.31

Trump Media Corporate Management

Scott Glabe	General Secretary	Profile
Katherine Chiles	Chief Officer	Profile
Sandro Moraes	Chief Officer	Profile
Vladimir Novachki	Chief Officer	Profile
Andrew Northwall	Chief Officer	Profile

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