Supercom Correlations

SPCB Stock

USD 6.90 0.25 3.50%

The current 90-days correlation between Supercom and Zedcor Inc is 0.08 (i.e., Significant diversification). The correlation of Supercom 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.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Supercom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For information on how to trade Supercom Stock refer to our How to Trade Supercom Stock guide.

Moving together with Supercom Stock

0.62	UI	Ubiquiti Networks	Pair Corr
0.75	BAERW	Bridger Aerospace	Pair Corr
0.66	FLEX	Flex	Pair Corr
0.72	CDW	CDW Corp	Pair Corr
0.65	GLW	Corning Incorporated	Pair Corr
0.75	JBL	Jabil Circuit	Pair Corr

Moving against Supercom Stock

0.51	EHGO	Eshallgo Class A	Pair Corr
0.35	UKOMW	Ucommune International	Pair Corr

Related Correlations Analysis

	CRFQF	SECUF	PLRTF	BLPG	GFAI	IVDA	BAER	GFAIW
CRFQF		0.71	0.0	0.23	0.74	0.76	0.58	0.53	CRFQF
SECUF	0.71		0.0	0.0	0.42	0.64	0.27	0.37	SECUF
PLRTF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	PLRTF
BLPG	0.23	0.0	0.0		0.23	0.31	0.37	0.13	BLPG
GFAI	0.74	0.42	0.0	0.23		0.61	0.68	0.71	GFAI
IVDA	0.76	0.64	0.0	0.31	0.61		0.46	0.43	IVDA
BAER	0.58	0.27	0.0	0.37	0.68	0.46		0.27	BAER
GFAIW	0.53	0.37	0.0	0.13	0.71	0.43	0.27		GFAIW
	CRFQF	SECUF	PLRTF	BLPG	GFAI	IVDA	BAER	GFAIW

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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

IVDA	+ 0.76	CRFQF
GFAI	+ 0.74	CRFQF
SECUF	+ 0.71	CRFQF
GFAIW	+ 0.71	GFAI
BAER	+ 0.68	GFAI
IVDA	+ 0.64	SECUF

High negative correlations

GFAIW	- 0.0	PLRTF
BAER	- 0.0	PLRTF
IVDA	- 0.0	PLRTF
GFAI	- 0.0	PLRTF
BLPG	- 0.0	PLRTF
BLPG	- 0.0	SECUF

Risk-Adjusted Indicators

There is a big difference between Supercom Stock performing well and Supercom 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 Supercom'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
CRFQF	2.02	(0.16)	0.00	(0.26)	0.00	0.00	5.85	(6.50)	22.09
SECUF	0.91	(0.07)	0.00	(0.29)	0.00	0.00	2.82	(3.78)	7.38
PLRTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BLPG	6.33	0.90	0.06	0.91	7.94	(11.73)	20.20	(19.62)	47.74
GFAI	7.78	0.94	0.10	0.41	8.18	(9.59)	34.97	(11.96)	81.22
IVDA	9.01	0.00	0.12	0.00	9.72	(11.80)	25.53	(18.39)	77.43
BAER	4.58	(0.36)	0.00	0.46	0.00	0.00	17.56	(7.81)	36.45
GFAIW	14.01	1.83	0.18	(0.37)	11.95	(24.26)	42.31	(25.68)	138.35

Supercom Corporate Management

Barak Trabelsi	COO CTO	Profile
Gil Alfi	VP Ltd	Profile
Arnon Zilberman	Chief Officer	Profile
Arkady Tachman	RD eGov	Profile
Meir Vazana	VP Sales	Profile
Vadim Zelser	Chief Cyber	Profile

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