Gryphon Digital Correlations
| GRYP Stock | 1.24 0.03 2.36% |
The current 90-days correlation between Gryphon Digital Mining and Small Cap Premium is -0.11 (i.e., Good diversification). The correlation of Gryphon Digital 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.
Gryphon Digital Correlation With Market
Very weak diversification
The correlation between Gryphon Digital Mining and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gryphon Digital Mining and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Gryphon Stock
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| 0.81 | DIOD | Diodes Incorporated | PairCorr |
| 0.76 | AI | C3 Ai Inc | PairCorr |
| 0.62 | BB | BlackBerry | PairCorr |
| 0.84 | BL | Blackline | PairCorr |
| 0.78 | DT | Dynatrace Holdings LLC | PairCorr |
| 0.71 | DV | DoubleVerify Holdings | PairCorr |
| 0.64 | FN | Fabrinet | PairCorr |
| 0.7 | JG | Aurora Mobile | PairCorr |
| 0.84 | KD | Kyndryl Holdings Earnings Call This Week | PairCorr |
| 0.82 | KE | Kimball Electronics | PairCorr |
| 0.75 | KN | Knowles Cor Earnings Call Today | PairCorr |
| 0.83 | MQ | Marqeta | PairCorr |
| 0.69 | MU | Micron Technology | PairCorr |
| 0.81 | MX | MagnaChip Semiconductor Earnings Call This Week | PairCorr |
| 0.69 | ON | ON Semiconductor Earnings Call This Week | PairCorr |
| 0.88 | PI | Impinj Inc | PairCorr |
| 0.88 | UI | Ubiquiti Networks | PairCorr |
Moving against Gryphon Stock
Related Correlations Analysis
| -0.71 | -0.2 | -0.05 | 0.03 | -0.33 | CAPNU | ||
| -0.71 | 0.25 | 0.44 | 0.35 | 0.35 | IPCXU | ||
| -0.2 | 0.25 | 0.38 | 0.62 | 0.32 | RCC | ||
| -0.05 | 0.44 | 0.38 | 0.78 | 0.39 | AMP | ||
| 0.03 | 0.35 | 0.62 | 0.78 | 0.24 | WES | ||
| -0.33 | 0.35 | 0.32 | 0.39 | 0.24 | NI | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gryphon Stock performing well and Gryphon Digital 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 Gryphon Digital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CAPNU | 0.26 | (0.03) | 0.00 | (0.07) | 0.00 | 0.00 | 16.03 | |||
| IPCXU | 0.31 | 0.07 | (0.33) | (5.00) | 0.13 | 0.77 | 2.91 | |||
| RCC | 0.29 | (0.01) | (0.41) | 0.12 | 0.41 | 0.79 | 2.78 | |||
| AMP | 0.98 | (0.04) | 0.01 | 0.17 | 1.07 | 2.85 | 7.81 | |||
| WES | 1.07 | (0.02) | (0.07) | 0.17 | 1.30 | 2.98 | 6.06 | |||
| NI | 0.93 | 0.12 | (0.06) | 21.63 | 1.13 | 2.15 | 6.03 |
Gryphon Digital Corporate Executives
Elected by the shareholders, the Gryphon Digital's board of directors comprises two types of representatives: Gryphon Digital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gryphon. The board's role is to monitor Gryphon Digital's management team and ensure that shareholders' interests are well served. Gryphon Digital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gryphon Digital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Simeon Salzman | CFO Secretary | Profile | |
| Simeon CPA | CFO Secretary | Profile |