Tremor International Correlations

TTTPF Stock

USD 7.58 0.24 3.07%

The current 90-days correlation between Tremor International and Innovid Corp is 0.01 (i.e., Significant diversification). The correlation of Tremor International 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.

Tremor International Correlation With Market

Significant diversification

The correlation between Tremor International and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tremor International and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Tremor International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tremor International 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 Tremor International - 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 Tremor International to buy it.

Moving together with Tremor Pink Sheet

0.62	GOLD	Barrick Gold Corp	Pair Corr
0.64	UBER	Uber Technologies	Pair Corr

Moving against Tremor Pink Sheet

0.68	COCXF	Chocoladefabriken Lindt	Pair Corr
0.46	SGD	Safe and Green	Pair Corr
0.44	DNTUY	Dentsu Inc ADR	Pair Corr
0.41	OMC	Omnicom Group	Pair Corr
0.4	QLGN	Qualigen Therapeutics	Pair Corr
0.38	IPG	Interpublic Group	Pair Corr
0.37	ASTI	Ascent Solar Technol	Pair Corr
0.51	74348YEA5	PROSPECT CAP P	Pair Corr
0.43	PAVMZ	PAVmed Series Z	Pair Corr
0.32	SIDU	Sidus Space	Pair Corr

Related Correlations Analysis

	CTV	MGNI	CRTO	ZD	QUOT	MOBQ	GSMG	MGOL	CNET
CTV		-0.02	-0.39	-0.5	0.0	0.0	0.0	-0.49	-0.2	CTV
MGNI	-0.02		0.76	0.53	0.0	0.0	0.0	-0.28	0.25	MGNI
CRTO	-0.39	0.76		0.52	0.0	0.0	0.0	0.04	0.22	CRTO
ZD	-0.5	0.53	0.52		0.0	0.0	0.0	0.33	0.67	ZD
QUOT	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	QUOT
MOBQ	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	MOBQ
GSMG	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	GSMG
MGOL	-0.49	-0.28	0.04	0.33	0.0	0.0	0.0		0.38	MGOL
CNET	-0.2	0.25	0.22	0.67	0.0	0.0	0.0	0.38		CNET
	CTV	MGNI	CRTO	ZD	QUOT	MOBQ	GSMG	MGOL	CNET

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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

CRTO	+ 0.76	MGNI
CNET	+ 0.67	ZD
ZD	+ 0.53	MGNI
ZD	+ 0.52	CRTO
CNET	+ 0.38	MGOL
MGOL	+ 0.33	ZD

High negative correlations

ZD	- 0.5	CTV
MGOL	- 0.49	CTV
CRTO	- 0.39	CTV
MGOL	- 0.28	MGNI
CNET	- 0.2	CTV
MGNI	- 0.02	CTV

Risk-Adjusted Indicators

There is a big difference between Tremor Pink Sheet performing well and Tremor International 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 Tremor International'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
CTV	2.71	1.08	0.41	1.52	1.18	(4.89)	1.33	(4.81)	88.33
MGNI	2.72	(0.37)	0.00	(0.51)	0.00	0.00	5.72	(6.11)	17.45
CRTO	1.68	(0.05)	0.00	(0.17)	0.00	0.00	2.52	(3.55)	22.21
ZD	1.67	(0.46)	0.00	(0.65)	0.00	0.00	2.43	(3.91)	12.25
QUOT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MOBQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
GSMG	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MGOL	52.12	16.96	1.24	(0.56)	13.96	(84.61)	66.67	(34.72)	155.77
CNET	3.26	(0.01)	0.00	(0.15)	0.00	0.00	7.65	(5.49)	27.82

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tremor International 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.

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Tremor International Corporate Management

CPA CPA	Company COO	Profile
Emily Barfuss	Chief Officer	Profile
Karim Rayes	Chief Officer	Profile
Steve Sottile	Chief Unruly	Profile
William Eckert	Director Relations	Profile
Amy Rothstein	Chief Devel	Profile

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