Zeta Global Correlations

ZETA Stock

USD 14.43 0.01 0.07%

The current 90-days correlation between Zeta Global Holdings and Paycor HCM is 0.1 (i.e., Average diversification). The correlation of Zeta Global 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.

Zeta Global Correlation With Market

Very weak diversification

The correlation between Zeta Global Holdings and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zeta Global Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zeta Global 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 estimate.

Moving together with Zeta Stock

0.83	S	SentinelOne	Pair Corr
0.7	VRNT	Verint Systems Earnings Call This Week	Pair Corr
0.66	EVCM	EverCommerce	Pair Corr
0.83	FIVN	Five9 Inc	Pair Corr
0.74	FLYW	Flywire Corp	Pair Corr
0.74	BOX	Box Inc	Pair Corr
0.67	FOUR	Shift4 Payments	Pair Corr
0.7	DBX	Dropbox	Pair Corr
0.79	DLO	Dlocal	Pair Corr
0.72	GCT	GigaCloud Technology	Pair Corr
0.85	IOT	Samsara	Pair Corr
0.85	MDB	MongoDB	Pair Corr

Moving against Zeta Stock

0.6	MQ	Marqeta	Pair Corr
0.53	EVTC	Evertec	Pair Corr
0.51	GB	Global Blue Group	Pair Corr
0.34	VRSN	VeriSign	Pair Corr

Related Correlations Analysis

	AMSWA	PYCR	APPF	AGYS	MIXT	MNTV	PRO	MLNK	ENFN	MODN
AMSWA		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	AMSWA
PYCR	0.0		-0.51	-0.71	0.0	0.0	0.23	-0.65	0.68	0.0	PYCR
APPF	0.0	-0.51		0.83	0.0	0.0	-0.21	0.69	-0.58	0.0	APPF
AGYS	0.0	-0.71	0.83		0.0	0.0	-0.29	0.61	-0.78	0.0	AGYS
MIXT	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	MIXT
MNTV	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	MNTV
PRO	0.0	0.23	-0.21	-0.29	0.0	0.0		-0.25	0.44	0.0	PRO
MLNK	0.0	-0.65	0.69	0.61	0.0	0.0	-0.25		-0.5	0.0	MLNK
ENFN	0.0	0.68	-0.58	-0.78	0.0	0.0	0.44	-0.5		0.0	ENFN
MODN	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		MODN
	AMSWA	PYCR	APPF	AGYS	MIXT	MNTV	PRO	MLNK	ENFN	MODN

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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

AGYS	+ 0.83	APPF
MLNK	+ 0.69	APPF
ENFN	+ 0.68	PYCR
MLNK	+ 0.61	AGYS
ENFN	+ 0.44	PRO
PRO	+ 0.23	PYCR

High negative correlations

ENFN	- 0.78	AGYS
AGYS	- 0.71	PYCR
MLNK	- 0.65	PYCR
ENFN	- 0.58	APPF
APPF	- 0.51	PYCR
ENFN	- 0.5	MLNK

Risk-Adjusted Indicators

There is a big difference between Zeta Stock performing well and Zeta Global 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 Zeta Global'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
AMSWA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PYCR	0.87	0.21	0.24	1.44	0.66	(1.14)	1.09	(1.47)	26.32
APPF	1.53	(0.20)	0.00	(0.25)	0.00	0.00	2.40	(3.87)	11.12
AGYS	2.60	(0.77)	0.00	(0.98)	0.00	0.00	3.48	(5.60)	24.77
MIXT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MNTV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PRO	1.93	(0.10)	0.00	(0.16)	0.00	0.00	3.92	(4.12)	14.83
MLNK	1.38	(0.15)	0.00	(0.20)	0.00	0.00	1.93	(3.68)	21.48
ENFN	1.14	0.09	0.08	0.29	1.59	(1.38)	3.38	(2.60)	10.10
MODN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Zeta Global Corporate Management

Steven Vine	Executive Counsel	Profile
Satish Ravella	Principal Officer	Profile
Matthew Mobley	Chief Officer	Profile
Christian Monberg	CTO Product	Profile

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