Couchbase Correlations

BASE Stock  USD 24.31  0.07  0.29%   
The current 90-days correlation between Couchbase and EverCommerce is -0.04 (i.e., Good diversification). The correlation of Couchbase 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.

Couchbase Correlation With Market

Average diversification

The correlation between Couchbase and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Couchbase and DJI in the same portfolio, assuming nothing else is changed.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Couchbase. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Couchbase Stock refer to our How to Trade Couchbase Stock guide.

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Moving against Couchbase Stock

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Couchbase Stock performing well and Couchbase 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 Couchbase'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.

Couchbase Corporate Management

Huw OwenSenior OfficerProfile
Julie IrishSenior OfficerProfile
Jan LehnardtCoFounderProfile
Matt McDonoughSenior PartnersProfile
Rahim YaseenVP ProductsProfile
John KreisaSenior OfficerProfile
James PhillipsCoFounder ProductsProfile