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.
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Moving together with Couchbase Stock
0.78 | BB | BlackBerry | PairCorr |
0.81 | JG | Aurora Mobile | PairCorr |
0.84 | MQ | Marqeta | PairCorr |
0.87 | NN | Nextnav Acquisition Corp | PairCorr |
0.82 | ZS | Zscaler | PairCorr |
0.83 | VRNS | Varonis Systems | PairCorr |
0.75 | VRNT | Verint Systems | PairCorr |
0.67 | VRSN | VeriSign Earnings Call This Week | PairCorr |
0.83 | FFIV | F5 Networks Earnings Call This Week | PairCorr |
0.74 | FLYW | Flywire Corp | PairCorr |
0.88 | FOUR | Shift4 Payments | PairCorr |
0.76 | DLO | Dlocal | PairCorr |
0.76 | GEN | Gen Digital | PairCorr |
0.8 | MDB | MongoDB | PairCorr |
0.86 | NET | Cloudflare | PairCorr |
0.68 | ODD | ODDITY Tech | PairCorr |
0.89 | PGY | Pagaya Technologies Trending | PairCorr |
Moving against Couchbase Stock
0.63 | VERI | Veritone Tech Boost | PairCorr |
0.45 | EXOD | Exodus Movement, Tech Boost | PairCorr |
0.34 | FATN | FatPipe, Common Stock | PairCorr |
0.76 | XBP | XBP Europe Holdings | PairCorr |
0.71 | APCXW | AppTech Payments Corp | PairCorr |
0.33 | GDDY | Godaddy | PairCorr |
Related Correlations Analysis
0.31 | 0.14 | 0.4 | 0.26 | 0.42 | EVCM | ||
0.31 | 0.77 | 0.82 | 0.95 | 0.9 | AVDX | ||
0.14 | 0.77 | 0.81 | 0.84 | 0.63 | INFA | ||
0.4 | 0.82 | 0.81 | 0.87 | 0.8 | LAW | ||
0.26 | 0.95 | 0.84 | 0.87 | 0.82 | VTEX | ||
0.42 | 0.9 | 0.63 | 0.8 | 0.82 | FLYW | ||
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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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
EVCM | 1.69 | 0.03 | 0.03 | 0.16 | 1.83 | 3.36 | 10.35 | |||
AVDX | 0.92 | 0.30 | 0.31 | 0.61 | 0.00 | 2.82 | 19.09 | |||
INFA | 1.12 | 0.46 | 0.39 | 0.95 | 0.06 | 2.86 | 18.23 | |||
LAW | 1.87 | 0.15 | 0.06 | 0.27 | 2.21 | 3.59 | 15.30 | |||
VTEX | 1.90 | 0.25 | 0.13 | 0.33 | 1.83 | 5.18 | 9.97 | |||
FLYW | 1.83 | 0.28 | 0.09 | 0.57 | 2.11 | 3.67 | 13.11 |
Couchbase Corporate Management
Huw Owen | Senior Officer | Profile | |
Julie Irish | Senior Officer | Profile | |
Jan Lehnardt | CoFounder | Profile | |
Matt McDonough | Senior Partners | Profile | |
Rahim Yaseen | VP Products | Profile | |
John Kreisa | Senior Officer | Profile | |
James Phillips | CoFounder Products | Profile |