Hub Cyber Correlations

HUBC Stock

0.52 0.02 3.70%

The current 90-days correlation between Hub Cyber Security and authID Inc is 0.15 (i.e., Average diversification). The correlation of Hub Cyber 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.

Hub Cyber Correlation With Market

Average diversification

The correlation between Hub Cyber Security and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hub Cyber Security 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 Hub Cyber Security. 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 Hub Stock

0.8	VERI	Veritone	Pair Corr
0.67	FOUR	Shift4 Payments	Pair Corr
0.64	IOT	Samsara	Pair Corr

Moving against Hub Stock

0.39	EVTC	Evertec	Pair Corr
0.32	MQ	Marqeta	Pair Corr
0.31	EEFT	Euronet Worldwide	Pair Corr
0.33	TCX	Tucows Inc	Pair Corr

Related Correlations Analysis

	ZFOX	AUID	VHC	JG	GCT	IRNT	ALAR	STEM	PGY	ARQQ
ZFOX		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	ZFOX
AUID	0.0		-0.04	-0.05	0.66	0.0	0.57	0.2	0.03	0.36	AUID
VHC	0.0	-0.04		0.56	-0.01	0.0	-0.59	0.21	0.4	-0.56	VHC
JG	0.0	-0.05	0.56		-0.2	0.0	-0.62	-0.29	0.69	-0.65	JG
GCT	0.0	0.66	-0.01	-0.2		0.0	0.65	0.48	-0.04	0.33	GCT
IRNT	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	IRNT
ALAR	0.0	0.57	-0.59	-0.62	0.65	0.0		0.37	-0.46	0.79	ALAR
STEM	0.0	0.2	0.21	-0.29	0.48	0.0	0.37		-0.12	0.38	STEM
PGY	0.0	0.03	0.4	0.69	-0.04	0.0	-0.46	-0.12		-0.46	PGY
ARQQ	0.0	0.36	-0.56	-0.65	0.33	0.0	0.79	0.38	-0.46		ARQQ
	ZFOX	AUID	VHC	JG	GCT	IRNT	ALAR	STEM	PGY	ARQQ

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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

ARQQ	+ 0.79	ALAR
PGY	+ 0.69	JG
GCT	+ 0.66	AUID
ALAR	+ 0.65	GCT
ALAR	+ 0.57	AUID
JG	+ 0.56	VHC

High negative correlations

ARQQ	- 0.65	JG
ALAR	- 0.62	JG
ALAR	- 0.59	VHC
ARQQ	- 0.56	VHC
ARQQ	- 0.46	PGY
PGY	- 0.46	ALAR

Risk-Adjusted Indicators

There is a big difference between Hub Stock performing well and Hub Cyber 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 Hub Cyber'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
ZFOX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AUID	4.93	0.65	0.12	0.28	4.77	(6.55)	15.08	(8.96)	46.98
VHC	4.36	1.36	0.36	(4.18)	3.03	(5.48)	8.88	(6.44)	77.83
JG	8.69	1.66	0.22	1.24	6.87	(14.53)	18.38	(9.95)	167.07
GCT	2.96	(0.32)	0.00	(0.28)	0.00	0.00	6.05	(6.12)	16.65
IRNT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ALAR	3.55	(0.57)	0.00	(0.37)	0.00	0.00	8.07	(7.12)	31.51
STEM	9.50	1.14	0.12	1.31	8.46	(16.01)	28.13	(15.38)	82.96
PGY	4.64	0.58	0.09	0.17	5.06	(5.37)	9.20	(9.46)	33.99
ARQQ	9.05	0.49	0.05	0.52	9.53	(12.89)	24.76	(13.85)	81.53

Hub Cyber Corporate Management

Osher Rheinisch	Compliance Legal	Profile
Nir BarEli	Chief Global	Profile
Ronit Hann	Company Secretary	Profile
Kobi Levi	Chief Office	Profile
Nachman Geva	Chief Officer	Profile

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