Climb Global Correlations

CLMB Stock

USD 100.88 2.44 2.36%

The current 90-days correlation between Climb Global Solutions and ScanSource is 0.47 (i.e., Very weak diversification). The correlation of Climb 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.

Climb Global Correlation With Market

Modest diversification

The correlation between Climb Global Solutions and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Climb Global Solutions and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Climb Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Climb Global Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving against Climb Stock

0.36

CIIT

Tianci International,

Pair Corr

Related Correlations Analysis

	CNXN	SCSC	NSIT	AVT	BWMN	ADEA	IBEX	CCSI
CNXN		0.66	0.24	0.45	0.42	0.64	0.61	0.79	CNXN
SCSC	0.66		0.25	0.7	0.83	0.85	0.95	0.87	SCSC
NSIT	0.24	0.25		0.73	0.5	0.6	0.3	0.24	NSIT
AVT	0.45	0.7	0.73		0.87	0.89	0.73	0.53	AVT
BWMN	0.42	0.83	0.5	0.87		0.9	0.85	0.57	BWMN
ADEA	0.64	0.85	0.6	0.89	0.9		0.82	0.75	ADEA
IBEX	0.61	0.95	0.3	0.73	0.85	0.82		0.78	IBEX
CCSI	0.79	0.87	0.24	0.53	0.57	0.75	0.78		CCSI
	CNXN	SCSC	NSIT	AVT	BWMN	ADEA	IBEX	CCSI

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Climb Stock performing well and Climb 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 Climb 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
CNXN	1.05	0.02	(0.01)	0.15	1.07	(1.18)	1.81	(1.98)	9.48
SCSC	1.30	0.31	0.21	0.53	0.92	(1.53)	3.75	(1.64)	9.57
NSIT	1.35	(0.08)	(0.05)	0.04	1.67	(1.26)	2.69	(2.54)	6.77
AVT	1.24	0.16	0.08	0.30	1.56	(1.48)	3.76	(1.89)	12.05
BWMN	1.54	0.42	0.24	0.50	1.38	(1.81)	3.46	(2.59)	9.26
ADEA	1.59	0.11	0.07	0.23	1.58	(1.95)	3.16	(2.48)	12.94
IBEX	1.71	0.35	0.10	1.31	2.27	(1.82)	3.03	(2.76)	27.01
CCSI	1.83	(0.04)	0.02	0.11	2.66	(1.78)	3.98	(3.91)	14.27

Climb Global Corporate Management

Vito Legrottaglie	VP Officer	Profile
Charles Bass	VP Officer	Profile
Melanie Caponigro	Director Accounting	Profile
Matthew Sullivan	Chief Officer	Profile
Gerard Brophy	Managing Director	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC