ZoomInfo Technologies Correlations

ZI Stock

USD 10.89 0.17 1.59%

The current 90-days correlation between ZoomInfo Technologies and MondayCom is 0.3 (i.e., Weak diversification). The correlation of ZoomInfo Technologies 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.

ZoomInfo Technologies Correlation With Market

Average diversification

The correlation between ZoomInfo Technologies and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ZoomInfo Technologies 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 ZoomInfo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.

Moving together with ZoomInfo Stock

0.63

Quhuo

Pair Corr

Moving against ZoomInfo Stock

0.69	VTEX	VTEX	Pair Corr
0.57	VERX	Vertex	Pair Corr
0.51	DV	DoubleVerify Holdings	Pair Corr
0.49	EB	Eventbrite Class A	Pair Corr
0.38	ZM	Zoom Video Communications Sell-off Trend	Pair Corr
0.37	AI	C3 Ai Inc	Pair Corr
0.36	DSGX	Descartes Systems	Pair Corr
0.34	DUOL	Duolingo Tech Boost	Pair Corr
0.32	BL	Blackline	Pair Corr
0.32	DOCU	DocuSign	Pair Corr
0.56	EGAN	eGain	Pair Corr
0.52	ELWS	Earlyworks Co,	Pair Corr
0.45	DMN	Damon Common Stock	Pair Corr
0.41	BSY	Bentley Systems	Pair Corr
0.4	EGHT	8x8 Common Stock	Pair Corr
0.4	APP	Applovin Corp	Pair Corr
0.4	BMR	Beamr Imaging	Pair Corr
0.38	DAY	Dayforce	Pair Corr
0.36	ETWO	E2open Parent Holdings	Pair Corr
0.36	CRM	Salesforce	Pair Corr
0.31	DSP	Viant Technology	Pair Corr

Related Correlations Analysis

	MNDY	DDOG	GTLB	HUBS	BILL	ASAN	TEAM	TTD	NOW	SNOW
MNDY		-0.21	0.39	0.41	-0.48	0.22	0.66	-0.37	-0.25	0.6	MNDY
DDOG	-0.21		0.57	0.72	0.88	0.84	0.42	0.96	0.93	0.42	DDOG
GTLB	0.39	0.57		0.92	0.45	0.66	0.87	0.45	0.5	0.91	GTLB
HUBS	0.41	0.72	0.92		0.52	0.85	0.87	0.58	0.66	0.88	HUBS
BILL	-0.48	0.88	0.45	0.52		0.59	0.19	0.91	0.9	0.26	BILL
ASAN	0.22	0.84	0.66	0.85	0.59		0.68	0.71	0.75	0.63	ASAN
TEAM	0.66	0.42	0.87	0.87	0.19	0.68		0.26	0.3	0.91	TEAM
TTD	-0.37	0.96	0.45	0.58	0.91	0.71	0.26		0.92	0.26	TTD
NOW	-0.25	0.93	0.5	0.66	0.9	0.75	0.3	0.92		0.37	NOW
SNOW	0.6	0.42	0.91	0.88	0.26	0.63	0.91	0.26	0.37		SNOW
	MNDY	DDOG	GTLB	HUBS	BILL	ASAN	TEAM	TTD	NOW	SNOW

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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

TTD	+ 0.96	DDOG
NOW	+ 0.93	DDOG
HUBS	+ 0.92	GTLB
NOW	+ 0.92	TTD
SNOW	+ 0.91	GTLB
TTD	+ 0.91	BILL

High negative correlations

BILL	- 0.48	MNDY
TTD	- 0.37	MNDY
NOW	- 0.25	MNDY
DDOG	- 0.21	MNDY

Risk-Adjusted Indicators

There is a big difference between ZoomInfo Stock performing well and ZoomInfo Technologies 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 ZoomInfo Technologies' 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
MNDY	3.10	0.20	0.03	0.03	4.00	(3.08)	6.35	(7.61)	35.81
DDOG	1.80	(0.49)	0.00	(0.63)	0.00	0.00	2.66	(4.28)	15.08
GTLB	2.87	(0.06)	0.00	(0.12)	0.00	0.00	6.71	(5.32)	21.90
HUBS	1.78	(0.15)	0.00	(0.18)	0.00	0.00	4.36	(4.03)	13.15
BILL	2.68	(0.60)	0.00	(0.32)	0.00	0.00	4.99	(6.58)	41.32
ASAN	3.73	(0.48)	0.00	(0.27)	0.00	0.00	7.42	(6.65)	38.18
TEAM	2.41	(0.16)	0.00	(0.17)	0.00	0.00	4.30	(7.26)	24.54
TTD	2.63	(1.12)	0.00	(2.15)	0.00	0.00	3.49	(5.25)	37.45
NOW	1.80	(0.35)	0.00	(0.34)	0.00	0.00	2.61	(4.82)	14.05
SNOW	2.08	0.03	0.00	(0.04)	0.00	0.00	3.60	(3.93)	19.02

ZoomInfo Technologies Corporate Management

Anthony Stark	General Secretary	Profile
Ali Dasdan	Chief Officer	Profile
Prasadh Cadambi	Chief Strategy	Profile
Michael OBrien	Interim PFO	Profile
Steve Vittorioso	Director Communications	Profile
James Roth	Chief Officer	Profile
Anthony JD	General Secretary	Profile

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