Rimini Street Correlations

Rimini Street Correlation With Market

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.

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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    OSPN + 0.7 CMBM OSPN + 0.55 ISDR CMBM + 0.38 ISDR ARCE + 0.0 ISDR ARCE + 0.0 CMBM OSPN + 0.0 ARCE

High negative correlations    KNSA - 0.66 OSPN KNSA - 0.51 CMBM KNSA - 0.26 ISDR KNSA - 0.0 ARCE OSPN - 0.0 ARCE ARCE - 0.0 CMBM

Risk-Adjusted Indicators

There is a big difference between Rimini Stock performing well and Rimini Street 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 Rimini Street'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.