Rumble Correlations
| RUMBW Stock | USD 2.70 0.07 2.66% |
The current 90-days correlation between Rumble Inc and Rumble Inc is 0.98 (i.e., Almost no diversification). The correlation of Rumble 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.
Rumble Correlation With Market
Modest diversification
The correlation between Rumble Inc and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rumble Inc and DJI in the same portfolio, assuming nothing else is changed.
Rumble |
Moving together with Rumble Stock
| 0.99 | RUM | Rumble Inc | PairCorr |
| 0.61 | GOOG | Alphabet Class C | PairCorr |
| 0.79 | ZDGE | Zedge Inc | PairCorr |
| 0.7 | SEATW | Vivid Seats Warrant | PairCorr |
| 0.62 | IZEA | IZEA Inc | PairCorr |
| 0.62 | MTCH | Match Group | PairCorr |
Moving against Rumble Stock
| 0.67 | GIFT | RDE, Inc Symbol Change | PairCorr |
| 0.46 | BZ | Kanzhun Ltd ADR | PairCorr |
| 0.45 | ZH | Zhihu Inc ADR Earnings Call This Week | PairCorr |
| 0.35 | CCG | Cheche Group Class | PairCorr |
| 0.35 | IAC | IAC Inc | PairCorr |
| 0.34 | WB | Weibo Corp | PairCorr |
| 0.34 | EVER | EverQuote Class A | PairCorr |
| 0.32 | TME | Tencent Music Entert | PairCorr |
| 0.52 | AREN | Arena Group Holdings | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Rumble Stock performing well and Rumble 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 Rumble'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RUM | 5.75 | 0.81 | 0.10 | 0.10 | 5.04 | 8.31 | 93.50 | |||
| DWACW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ASTSW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PHUNW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DWACU | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Rumble Corporate Management
| Tyler Hughes | Chief Officer | Profile | |
| Wojciech Hlibowicki | Chief Officer | Profile | |
| Michael Ellis | General Secretary | Profile | |
| Brandon Alexandroff | Chief Officer | Profile | |
| Claudio Ramolo | Chief Officer | Profile |