Thryv Holdings Correlations

THRY Stock

USD 15.07 0.15 0.99%

The current 90-days correlation between Thryv Holdings and Shutterstock is -0.06 (i.e., Good diversification). The correlation of Thryv Holdings 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.

Thryv Holdings Correlation With Market

Very weak diversification

The correlation between Thryv Holdings and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Thryv Holdings and DJI in the same portfolio, assuming nothing else is changed.

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

For more information on how to buy Thryv Stock please use our How to Invest in Thryv Holdings guide.

Moving together with Thryv Stock

0.61	WB	Weibo Corp	Pair Corr
0.63	YY	YY Inc Class	Pair Corr
0.94	META	Meta Platforms	Pair Corr
0.68	NBIS	Nebius Group NV Symbol Change	Pair Corr
0.66	OPRA	Opera	Pair Corr

Moving against Thryv Stock

0.49	DJTWW	Trump Media Technology Symbol Change	Pair Corr
0.64	GITS	Global Interactive Symbol Change	Pair Corr
0.43	NAMI	Jinxin Technology Holding	Pair Corr
0.38	BZFDW	BuzzFeed	Pair Corr

Related Correlations Analysis

	SSTK	IAC	ZG	PGRU	QQQFF	DGTHF	TNYYF	ZMDTF	BBTVF	AREN
SSTK		-0.59	0.33	0.0	-0.84	-0.24	0.62	0.85	0.0	-0.69	SSTK
IAC	-0.59		-0.23	0.0	0.6	0.16	-0.48	-0.49	0.0	0.37	IAC
ZG	0.33	-0.23		0.0	-0.4	0.06	-0.27	0.32	0.0	0.11	ZG
PGRU	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	PGRU
QQQFF	-0.84	0.6	-0.4	0.0		0.17	-0.47	-0.78	0.0	0.59	QQQFF
DGTHF	-0.24	0.16	0.06	0.0	0.17		-0.64	-0.08	0.0	0.18	DGTHF
TNYYF	0.62	-0.48	-0.27	0.0	-0.47	-0.64		0.49	0.0	-0.63	TNYYF
ZMDTF	0.85	-0.49	0.32	0.0	-0.78	-0.08	0.49		0.0	-0.73	ZMDTF
BBTVF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	BBTVF
AREN	-0.69	0.37	0.11	0.0	0.59	0.18	-0.63	-0.73	0.0		AREN
	SSTK	IAC	ZG	PGRU	QQQFF	DGTHF	TNYYF	ZMDTF	BBTVF	AREN

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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

ZMDTF	+ 0.85	SSTK
TNYYF	+ 0.62	SSTK
QQQFF	+ 0.6	IAC
AREN	+ 0.59	QQQFF
ZMDTF	+ 0.49	TNYYF
AREN	+ 0.37	IAC

High negative correlations

QQQFF	- 0.84	SSTK
ZMDTF	- 0.78	QQQFF
AREN	- 0.73	ZMDTF
AREN	- 0.69	SSTK
TNYYF	- 0.64	DGTHF
AREN	- 0.63	TNYYF

Risk-Adjusted Indicators

There is a big difference between Thryv Stock performing well and Thryv Holdings 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 Thryv Holdings' 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
SSTK	2.36	(0.64)	0.00	(2.06)	0.00	0.00	3.25	(4.55)	25.92
IAC	1.55	0.15	0.10	0.10	1.50	(1.99)	4.26	(2.41)	12.96
ZG	1.95	(0.03)	0.00	(0.09)	0.00	0.00	3.15	(4.98)	15.69
PGRU	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
QQQFF	4.13	1.47	0.00	(0.31)	0.00	0.00	0.00	0.00	132.05
DGTHF	7.65	2.96	0.00	(0.31)	0.00	0.00	0.00	0.00	233.33
TNYYF	2.48	(1.20)	0.00	(0.82)	0.00	0.00	0.00	0.00	33.33
ZMDTF	3.43	(0.24)	0.00	(0.51)	0.00	0.00	7.02	(6.56)	24.56
BBTVF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AREN	4.45	0.09	0.03	2.09	5.16	(4.99)	10.77	(8.07)	23.55

Thryv Holdings Corporate Management

James McCusker	Chief VP	Profile
Elise Balsillie	Chief Australia	Profile
Cameron Lessard	Corporate Relations	Profile
Rees Johnson	Chief Officer	Profile
K Christopher	Corporate Accounting	Profile

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