FingerMotion Correlations

FNGR Stock

USD 1.45 0.11 7.05%

The current 90-days correlation between FingerMotion and KORE Group Holdings is -0.28 (i.e., Very good diversification). The correlation of FingerMotion 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. If the correlation is 0, the equities are not correlated; they are entirely random.

FingerMotion Correlation With Market

Significant diversification

The correlation between FingerMotion and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FingerMotion and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with FingerMotion Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FingerMotion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in FingerMotion Stock, please use our How to Invest in FingerMotion guide.

Moving together with FingerMotion Stock

0.88	TEO	Telecom Argentina	Pair Corr
0.73	WOW	WideOpenWest	Pair Corr
0.74	OOMA	Ooma Inc	Pair Corr

Moving against FingerMotion Stock

0.83	SKM	SK Telecom	Pair Corr
0.79	TEF	Telefonica SA ADR Earnings Call This Week	Pair Corr
0.73	RCI	Rogers Communications	Pair Corr
0.71	UCL	Ucloudlink Group	Pair Corr
0.71	VIV	Telefonica Brasil Earnings Call This Week	Pair Corr
0.68	LILAK	Liberty Latin America Earnings Call This Week	Pair Corr
0.61	USM	United States Cellular Earnings Call This Week	Pair Corr
0.6	BCE	BCE Inc	Pair Corr
0.57	TDS	Telephone and Data Earnings Call This Week	Pair Corr
0.52	TV	Grupo Televisa SAB	Pair Corr
0.43	CHT	Chunghwa Telecom	Pair Corr
0.42	TLK	Telkom Indonesia Tbk Earnings Call This Week	Pair Corr
0.37	KT	KT Corporation	Pair Corr
0.35	TU	Telus Corp Earnings Call This Week	Pair Corr
0.32	AMX	America Movil SAB	Pair Corr
0.79	SHEN	Shenandoah Telecommunicatio Earnings Call This Week	Pair Corr
0.76	ATNI	ATN International	Pair Corr
0.73	VOD	Vodafone Group PLC Aggressive Push	Pair Corr
0.69	LILA	Liberty Latin America Earnings Call This Week	Pair Corr
0.64	GSAT	Globalstar, Common Stock	Pair Corr
0.62	KORE	KORE Group Holdings	Pair Corr
0.62	RBBN	Ribbon Communications	Pair Corr
0.5	LBTYA	Liberty Global PLC	Pair Corr
0.49	IDCC	InterDigital Earnings Call This Week	Pair Corr
0.48	LBTYK	Liberty Global PLC Earnings Call This Week	Pair Corr
0.47	PCLA	PicoCELA American	Pair Corr
0.46	GOGO	Gogo Inc Earnings Call This Week	Pair Corr
0.45	LBTYB	Liberty Global PLC Earnings Call This Week	Pair Corr
0.43	LBRDP	Liberty Broadband Corp	Pair Corr
0.41	IRDM	Iridium Communications	Pair Corr
0.36	TDS-PV	Telephone and Data Earnings Call This Week	Pair Corr

Related Correlations Analysis

	KORE	COMS	LBRDA	LBRDK	GTII	SUNE	COSM	SOBR	ILAG
KORE		0.0	-0.3	-0.33	0.26	-0.06	0.44	0.68	0.08	KORE
COMS	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	COMS
LBRDA	-0.3	0.0		1.0	-0.05	-0.19	-0.49	-0.29	0.27	LBRDA
LBRDK	-0.33	0.0	1.0		-0.08	-0.16	-0.5	-0.32	0.24	LBRDK
GTII	0.26	0.0	-0.05	-0.08		-0.47	0.2	0.15	0.55	GTII
SUNE	-0.06	0.0	-0.19	-0.16	-0.47		-0.18	0.01	-0.41	SUNE
COSM	0.44	0.0	-0.49	-0.5	0.2	-0.18		0.59	-0.18	COSM
SOBR	0.68	0.0	-0.29	-0.32	0.15	0.01	0.59		0.02	SOBR
ILAG	0.08	0.0	0.27	0.24	0.55	-0.41	-0.18	0.02		ILAG
	KORE	COMS	LBRDA	LBRDK	GTII	SUNE	COSM	SOBR	ILAG

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

LBRDK	+ 1.0	LBRDA
SOBR	+ 0.68	KORE
SOBR	+ 0.59	COSM
ILAG	+ 0.55	GTII
COSM	+ 0.44	KORE
ILAG	+ 0.27	LBRDA

High negative correlations

COSM	- 0.5	LBRDK
COSM	- 0.49	LBRDA
SUNE	- 0.47	GTII
ILAG	- 0.41	SUNE
LBRDK	- 0.33	KORE
SOBR	- 0.32	LBRDK

Risk-Adjusted Indicators

There is a big difference between FingerMotion Stock performing well and FingerMotion 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 FingerMotion'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
KORE	3.02	0.33	(0.01)	(0.29)	3.60	(3.30)	7.30	(5.83)	17.27
COMS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LBRDA	1.62	0.18	0.07	0.47	1.49	(1.87)	2.88	(2.89)	14.76
LBRDK	1.65	0.16	0.06	0.43	1.61	(1.90)	2.97	(2.84)	14.56
GTII	29.10	8.07	0.29	2.14	22.24	(46.17)	100.00	(50.00)	315.85
SUNE	3.41	(0.84)	0.00	(0.63)	0.00	0.00	7.55	(7.30)	22.95
COSM	3.56	(0.18)	0.09	0.18	3.56	(4.76)	9.09	(6.38)	22.12
SOBR	4.52	0.76	0.08	(1.85)	4.85	(5.33)	10.03	(7.81)	48.90
ILAG	5.06	0.99	0.05	(0.40)	6.58	(6.39)	10.64	(10.00)	52.34

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