Inspired Entertainment Correlations

INSE Stock

USD 10.45 0.30 2.96%

The current 90-days correlation between Inspired Entertainment and Gambling Group is 0.34 (i.e., Weak diversification). The correlation of Inspired Entertainment 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.

Inspired Entertainment Correlation With Market

Weak diversification

The correlation between Inspired Entertainment and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inspired Entertainment and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inspired Entertainment. 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 Inspired Stock refer to our How to Trade Inspired Stock guide.

Moving together with Inspired Stock

0.79	BYD	Boyd Gaming	Pair Corr
0.61	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.78	KRUS	Kura Sushi USA Fiscal Year End 13th of November 2024	Pair Corr
0.72	LIND	Lindblad Expeditions Trending	Pair Corr
0.68	PLYA	Playa Hotels Resorts	Pair Corr
0.76	PTLO	Portillos	Pair Corr
0.64	SHAK	Shake Shack	Pair Corr
0.7	BJRI	BJs Restaurants	Pair Corr
0.71	CAKE	The Cheesecake Factory	Pair Corr
0.69	DENN	Dennys Corp	Pair Corr
0.71	HD	Home Depot Earnings Call This Week	Pair Corr
0.73	WRBY	Warby Parker	Pair Corr

Moving against Inspired Stock

0.77	NDLS	Noodles Company	Pair Corr
0.73	PNST	Pinstripes Holdings Symbol Change	Pair Corr
0.68	MOND	Mondee Holdings Earnings Call This Week	Pair Corr
0.52	BTBDW	BT Brands Warrant	Pair Corr
0.46	ARKR	Ark Restaurants Corp	Pair Corr
0.42	BTCTW	BTC Digital	Pair Corr
0.72	BGI	Birks Group	Pair Corr
0.63	EDTK	Skillful Craftsman	Pair Corr
0.54	WTO	UTime Limited	Pair Corr
0.39	GAP	Gap, Symbol Change	Pair Corr
0.32	GPC	Genuine Parts	Pair Corr

Related Correlations Analysis

	CPHC	ACEL	GAMB	PMKRF	AGS	LNW	EVRI	IGT	CDRO
CPHC		-0.24	-0.13	-0.12	-0.01	0.04	-0.14	0.0	-0.07	CPHC
ACEL	-0.24		0.55	0.13	-0.14	0.3	0.14	0.28	0.28	ACEL
GAMB	-0.13	0.55		0.02	-0.25	0.29	-0.06	0.35	-0.05	GAMB
PMKRF	-0.12	0.13	0.02		0.39	-0.66	0.27	-0.5	0.55	PMKRF
AGS	-0.01	-0.14	-0.25	0.39		-0.7	0.84	-0.85	0.24	AGS
LNW	0.04	0.3	0.29	-0.66	-0.7		-0.53	0.77	-0.25	LNW
EVRI	-0.14	0.14	-0.06	0.27	0.84	-0.53		-0.68	0.17	EVRI
IGT	0.0	0.28	0.35	-0.5	-0.85	0.77	-0.68		-0.44	IGT
CDRO	-0.07	0.28	-0.05	0.55	0.24	-0.25	0.17	-0.44		CDRO
	CPHC	ACEL	GAMB	PMKRF	AGS	LNW	EVRI	IGT	CDRO

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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

EVRI	+ 0.84	AGS
IGT	+ 0.77	LNW
GAMB	+ 0.55	ACEL
CDRO	+ 0.55	PMKRF
AGS	+ 0.39	PMKRF
IGT	+ 0.35	GAMB

High negative correlations

IGT	- 0.85	AGS
LNW	- 0.7	AGS
IGT	- 0.68	EVRI
LNW	- 0.66	PMKRF
EVRI	- 0.53	LNW
IGT	- 0.5	PMKRF

Risk-Adjusted Indicators

There is a big difference between Inspired Stock performing well and Inspired Entertainment 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 Inspired Entertainment'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
CPHC	1.41	(0.11)	0.00	(0.20)	0.00	0.00	3.39	(3.34)	9.96
ACEL	1.00	(0.04)	(0.03)	0.12	1.08	(1.14)	2.04	(2.30)	5.46
GAMB	1.59	(0.07)	0.03	0.12	1.46	(2.08)	2.86	(2.31)	27.95
PMKRF	0.71	0.08	0.00	(0.50)	0.00	0.00	0.00	(2.56)	22.60
AGS	0.17	0.02	(0.51)	0.41	0.00	(0.23)	0.44	(0.27)	1.06
LNW	1.46	(0.08)	(0.03)	0.05	3.81	(1.32)	3.20	(2.33)	23.34
EVRI	0.14	0.03	(0.62)	0.71	0.00	(0.18)	0.31	(0.23)	0.76
IGT	0.96	(0.21)	0.00	(0.04)	0.00	0.00	2.05	(1.92)	5.11
CDRO	1.04	(0.07)	0.00	0.52	0.00	0.00	2.56	(1.70)	5.83

Inspired Entertainment Corporate Management

Lorna Evans	Vice Development	Profile
Tariq Tufail	Chief Officer	Profile
Steven Collett	Chief Officer	Profile
Simona Camilleri	General Counsel	Profile
Daniel Silvers	Chief Strategy Officer	Profile
Marilyn Jentzen	Interim Officer	Profile

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