Kambi Group Correlations
| KMBIF Stock | USD 9.58 0.00 0.00% |
The current 90-days correlation between Kambi Group plc and PointsBet Holdings Limited is -0.03 (i.e., Good diversification). The correlation of Kambi Group 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.
Kambi Group Correlation With Market
Significant diversification
The correlation between Kambi Group plc and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kambi Group plc and DJI in the same portfolio, assuming nothing else is changed.
Kambi |
The ability to find closely correlated positions to Kambi Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kambi Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Kambi Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Kambi Group plc to buy it.
Moving together with Kambi Pink Sheet
| 0.68 | EVVTY | Evolution Gaming | PairCorr |
| 0.68 | EVGGF | Evolution AB | PairCorr |
| 0.76 | EPGG | Empire Global Gaming | PairCorr |
| 0.79 | CHHE | China Health Industries | PairCorr |
Moving against Kambi Pink Sheet
| 0.6 | ARLUF | Aristocrat Leisure | PairCorr |
| 0.87 | LULU | Lululemon Athletica | PairCorr |
| 0.86 | AAPL | Apple Inc Aggressive Push | PairCorr |
| 0.84 | CISO | Cerberus Cyber Sentinel Tech Boost | PairCorr |
| 0.82 | DOCU | DocuSign Sell-off Trend | PairCorr |
| 0.82 | YLWDF | Yellow Pages Limited | PairCorr |
| 0.81 | TSLA | Tesla Inc Buyout Trend | PairCorr |
| 0.62 | QD | Qudian Inc | PairCorr |
| 0.61 | DYAI | Dyadic International | PairCorr |
| 0.6 | INVZ | Innoviz Technologies Buyout Trend | PairCorr |
| 0.59 | NTRA | Natera Inc | PairCorr |
| 0.59 | AMCX | AMC Networks | PairCorr |
| 0.58 | BLK | BlackRock Fiscal Year End 10th of January 2025 | PairCorr |
| 0.47 | TEVA | Teva Pharma Industries | PairCorr |
| 0.38 | CSSV | Caspian Services | PairCorr |
| 0.34 | VULNF | Vulcan Energy Resources | PairCorr |
| 0.82 | ODC | Oil Dri | PairCorr |
| 0.76 | WSM | Williams Sonoma | PairCorr |
| 0.74 | CBOBA | Community Bank | PairCorr |
| 0.74 | THCP | Thunder Bridge Capital | PairCorr |
| 0.63 | QUAD | Quad Graphics | PairCorr |
| 0.63 | ZENV | Zenvia Inc Tech Boost | PairCorr |
Related Correlations Analysis
| -0.11 | 0.07 | 0.85 | -0.15 | GMVHF | ||
| -0.11 | -0.63 | -0.03 | -0.48 | PBTHF | ||
| 0.07 | -0.63 | 0.03 | -0.16 | KMBIF | ||
| 0.85 | -0.03 | 0.03 | -0.31 | GMVHY | ||
| -0.15 | -0.48 | -0.16 | -0.31 | DSITF | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Kambi Pink Sheet performing well and Kambi Group 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 Kambi Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GMVHF | 2.43 | (0.26) | 0.00 | (0.64) | 0.00 | 5.42 | 17.40 | |||
| PBTHF | 6.71 | 1.50 | 0.20 | (1.21) | 6.09 | 19.57 | 60.89 | |||
| KMBIF | 0.70 | (0.38) | 0.00 | (1.15) | 0.00 | 0.00 | 22.74 | |||
| GMVHY | 1.69 | (0.24) | 0.00 | (0.18) | 0.00 | 3.71 | 14.36 | |||
| DSITF | 0.80 | 0.09 | 0.01 | (0.18) | 1.19 | 3.03 | 11.43 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kambi Group without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Kambi Group Corporate Management
| Mia Nordlander | Head Relations | Profile | |
| David Carter | Chief Officer | Profile | |
| Sarah Grima | Company Sec | Profile | |
| Gerard Starkey | SVP Marketing | Profile | |
| Oliver Lamb | Head Control | Profile |