Verb Technology Correlations

VERB Stock

USD 5.46 0.34 6.64%

The current 90-days correlation between Verb Technology and Trust Stamp is 0.14 (i.e., Average diversification). The correlation of Verb Technology 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.

Verb Technology Correlation With Market

Significant diversification

The correlation between Verb Technology and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Verb Technology 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 Verb Technology. 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 information on how to trade Verb Stock refer to our How to Trade Verb Stock guide.

Moving together with Verb Stock

0.83	DJCO	Daily Journal Corp	Pair Corr
0.76	AI	C3 Ai Inc	Pair Corr
0.73	BL	Blackline	Pair Corr
0.62	EB	Eventbrite Class A	Pair Corr
0.82	WK	Workiva	Pair Corr
0.68	DOCU	DocuSign	Pair Corr
0.66	VERX	Vertex	Pair Corr
0.69	VMEO	Vimeo Inc	Pair Corr
0.67	EGAN	eGain	Pair Corr
0.61	ELWS	Earlyworks Co,	Pair Corr
0.82	WBTN	WEBTOON Entertainment	Pair Corr
0.69	ETWO	E2open Parent Holdings	Pair Corr
0.71	FICO	Fair Isaac	Pair Corr
0.81	ANY	Sphere 3D Corp	Pair Corr

Moving against Verb Stock

0.81	ENFN	Enfusion	Pair Corr
0.75	KC	Kingsoft Cloud Holdings	Pair Corr
0.49	DOMO	Domo Inc	Pair Corr
0.47	VCSA	Vacasa Inc	Pair Corr
0.69	FROG	Jfrog	Pair Corr
0.59	API	Agora Inc Downward Rally	Pair Corr

Related Correlations Analysis

	IDAI	NOGN	FRGT	VS	AUUD	CXAI	BRQS	IFBD	MTC
IDAI		0.0	0.73	0.16	0.62	0.71	0.0	0.8	0.57	IDAI
NOGN	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	NOGN
FRGT	0.73	0.0		0.16	0.51	0.55	0.0	0.63	0.4	FRGT
VS	0.16	0.0	0.16		0.1	0.21	0.0	0.15	0.1	VS
AUUD	0.62	0.0	0.51	0.1		0.92	0.0	0.85	0.81	AUUD
CXAI	0.71	0.0	0.55	0.21	0.92		0.0	0.92	0.85	CXAI
BRQS	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	BRQS
IFBD	0.8	0.0	0.63	0.15	0.85	0.92	0.0		0.75	IFBD
MTC	0.57	0.0	0.4	0.1	0.81	0.85	0.0	0.75		MTC
	IDAI	NOGN	FRGT	VS	AUUD	CXAI	BRQS	IFBD	MTC

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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

CXAI	+ 0.92	AUUD
IFBD	+ 0.92	CXAI
IFBD	+ 0.85	AUUD
MTC	+ 0.85	CXAI
MTC	+ 0.81	AUUD
IFBD	+ 0.8	IDAI

High negative correlations

MTC	- 0.0	BRQS
IFBD	- 0.0	BRQS
BRQS	- 0.0	CXAI
BRQS	- 0.0	AUUD
BRQS	- 0.0	VS
BRQS	- 0.0	FRGT

Risk-Adjusted Indicators

There is a big difference between Verb Stock performing well and Verb Technology 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 Verb Technology'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
IDAI	7.46	(0.94)	0.00	0.59	0.00	0.00	20.11	(16.59)	95.40
NOGN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FRGT	5.75	(0.21)	0.00	0.04	0.00	0.00	10.29	(9.79)	67.06
VS	4.40	0.55	0.11	0.65	4.65	(5.35)	9.57	(6.88)	59.08
AUUD	4.79	(0.42)	0.00	(0.30)	0.00	0.00	12.82	(10.87)	36.81
CXAI	4.59	(0.56)	0.00	(0.35)	0.00	0.00	9.20	(8.54)	41.68
BRQS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
IFBD	3.81	(0.32)	0.00	(0.76)	0.00	0.00	7.14	(7.93)	32.77
MTC	5.14	(0.56)	0.00	(4.03)	0.00	0.00	9.42	(11.05)	30.19

Verb Technology Corporate Management

Denise Kozlowski	Vp Marketing	Profile
Laura Chen	Controller Fin	Profile
Bill Rivard	Interim Treasurer	Profile
Chad Thomas	Senior Engineering	Profile
John Rizzo	Senior Market	Profile
Mohammad Amanullah	Director Applications	Profile

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