Getty Images Correlations

GETY Stock

USD 2.06 0.14 6.36%

The current 90-days correlation between Getty Images Holdings and ANGI Homeservices is 0.3 (i.e., Weak diversification). The correlation of Getty Images 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.

Getty Images Correlation With Market

Average diversification

The correlation between Getty Images Holdings and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Getty Images Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Getty Images Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Getty Stock

0.64	OB	Outbrain	Pair Corr
0.77	DOYU	DouYu International	Pair Corr
0.68	DJT	Trump Media Technology Symbol Change	Pair Corr
0.72	FVRR	Fiverr International	Pair Corr
0.71	MAX	MediaAlpha	Pair Corr
0.67	MNY	MoneyHero Limited Class	Pair Corr
0.64	SLE	Super League Enterprise	Pair Corr
0.67	GOOG	Alphabet Class C Aggressive Push	Pair Corr
0.77	YELP	Yelp Inc	Pair Corr
0.7	SEATW	Vivid Seats Warrant	Pair Corr
0.66	KIND	Nextdoor Holdings	Pair Corr
0.62	LCFY	Locafy	Pair Corr

Moving against Getty Stock

0.65	CCG	Cheche Group Class	Pair Corr
0.62	GIFT	RDE, Inc Symbol Change	Pair Corr
0.61	EVER	EverQuote Class A	Pair Corr
0.59	ZH	Zhihu Inc ADR	Pair Corr
0.5	TME	Tencent Music Entert	Pair Corr
0.44	IAC	IAC Inc	Pair Corr
0.36	YY	YY Inc Class	Pair Corr
0.35	WB	Weibo Corp	Pair Corr
0.42	AREN	Arena Group Holdings Earnings Call This Week	Pair Corr
0.38	ATHM	Autohome	Pair Corr
0.36	JFIN	Jiayin Group	Pair Corr

Related Correlations Analysis

	TWLO	BIDU	SNAP	ANGI	PERI	YELP	TTGT	MAX	FVRR	PINS
TWLO		0.09	0.36	0.65	0.7	0.49	0.31	0.6	0.33	0.55	TWLO
BIDU	0.09		-0.66	-0.12	-0.01	-0.37	-0.58	-0.26	-0.52	0.34	BIDU
SNAP	0.36	-0.66		0.37	0.32	0.76	0.72	0.71	0.83	-0.14	SNAP
ANGI	0.65	-0.12	0.37		0.52	0.57	0.34	0.53	0.44	0.27	ANGI
PERI	0.7	-0.01	0.32	0.52		0.52	0.41	0.62	0.46	0.41	PERI
YELP	0.49	-0.37	0.76	0.57	0.52		0.76	0.74	0.89	-0.19	YELP
TTGT	0.31	-0.58	0.72	0.34	0.41	0.76		0.55	0.73	-0.25	TTGT
MAX	0.6	-0.26	0.71	0.53	0.62	0.74	0.55		0.76	0.27	MAX
FVRR	0.33	-0.52	0.83	0.44	0.46	0.89	0.73	0.76		-0.22	FVRR
PINS	0.55	0.34	-0.14	0.27	0.41	-0.19	-0.25	0.27	-0.22		PINS
	TWLO	BIDU	SNAP	ANGI	PERI	YELP	TTGT	MAX	FVRR	PINS

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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

FVRR	+ 0.89	YELP
FVRR	+ 0.83	SNAP
YELP	+ 0.76	SNAP
TTGT	+ 0.76	YELP
FVRR	+ 0.76	MAX
MAX	+ 0.74	YELP

High negative correlations

SNAP	- 0.66	BIDU
TTGT	- 0.58	BIDU
FVRR	- 0.52	BIDU
YELP	- 0.37	BIDU
MAX	- 0.26	BIDU
PINS	- 0.25	TTGT

Risk-Adjusted Indicators

There is a big difference between Getty Stock performing well and Getty Images 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 Getty Images' 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
TWLO	2.49	0.00	0.00	(0.05)	3.90	(2.49)	3.77	(6.81)	35.14
BIDU	2.38	0.12	0.04	0.19	2.96	(2.37)	5.43	(4.58)	13.40
SNAP	2.47	(0.19)	0.00	(0.14)	0.00	0.00	4.41	(5.85)	14.86
ANGI	2.44	(0.06)	0.00	(0.03)	0.00	0.00	6.73	(3.93)	17.20
PERI	1.63	(0.04)	0.00	(0.15)	0.00	0.00	3.80	(4.25)	17.30
YELP	1.44	(0.08)	0.00	(0.07)	0.00	0.00	2.99	(3.56)	11.91
TTGT	2.50	(0.37)	0.00	(0.37)	0.00	0.00	3.72	(5.06)	14.70
MAX	2.66	(0.14)	0.00	(0.23)	0.00	0.00	5.28	(6.38)	25.45
FVRR	2.43	(0.32)	0.00	(0.27)	0.00	0.00	4.54	(6.69)	14.07
PINS	2.19	0.21	0.08	0.18	2.32	(2.70)	5.04	(4.63)	26.52

Getty Images Corporate Management

Chris Hoel	VP Officer	Profile
Michael Teaster	Senior Staff	Profile
Kjelti Kellough	Sr Counsel	Profile
Jonathan Klein	CoFounder Chairman	Profile
Nate Gandert	VP Officer	Profile
Lizanne Vaughan	Senior Officer	Profile

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