OBOOK Holdings Correlations

OWLS Stock

5.91 0.51 7.94%

The current 90-days correlation between OBOOK Holdings Class and Ibotta is 0.2 (i.e., Modest diversification). The correlation of OBOOK Holdings 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.

OBOOK Holdings Correlation With Market

Excellent diversification

The correlation between OBOOK Holdings Class and DJI is -0.54 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OBOOK Holdings Class and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with OBOOK Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OBOOK Holdings Class. 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.

Moving together with OBOOK Stock

0.83	KLAR	Klarna Group plc Downward Rally	Pair Corr
0.9	ARAI	Arrive AI	Pair Corr
0.69	PNGM	Er Therapeutics	Pair Corr

Moving against OBOOK Stock

0.82	CPAY	Corpay Inc Earnings Call This Week	Pair Corr
0.78	JRVR	James River Group	Pair Corr
0.63	BIMT	Bitmis Corp	Pair Corr
0.61	NMM	Navios Maritime Partners	Pair Corr
0.51	URG	Ur Energy	Pair Corr
0.49	FCTI	Fact Inc	Pair Corr
0.42	ATGL	Alpha Technology Tech Boost	Pair Corr
0.69	KNYJF	KONE Oyj Earnings Call Next Week	Pair Corr
0.65	SUNFF	Sun Life Financial	Pair Corr
0.65	BA	Boeing	Pair Corr
0.65	AA	Alcoa Corp	Pair Corr
0.6	WMT	Walmart Common Stock	Pair Corr
0.58	JNJ	Johnson Johnson	Pair Corr
0.5	XOM	Exxon Mobil Corp Earnings Call Tomorrow	Pair Corr
0.47	MCD	McDonalds	Pair Corr
0.39	MGTC	Megatech Corp	Pair Corr
0.36	INTC	Intel	Pair Corr
0.36	CVX	Chevron Corp Earnings Call Tomorrow	Pair Corr
0.34	DD	Dupont De Nemours Sell-off Trend	Pair Corr

Related Correlations Analysis

	EXOD	IIIV	RSKD	CGNT	CINT	DCBO	SKYT	RDVT	ARQQ	IBTA
EXOD		0.82	-0.05	-0.16	0.04	0.66	-0.08	0.26	0.37	0.86	EXOD
IIIV	0.82		0.16	0.08	-0.18	0.74	-0.14	0.45	0.08	0.71	IIIV
RSKD	-0.05	0.16		0.41	-0.45	0.49	-0.47	0.68	-0.41	-0.07	RSKD
CGNT	-0.16	0.08	0.41		0.02	0.02	0.21	0.07	-0.38	-0.4	CGNT
CINT	0.04	-0.18	-0.45	0.02		-0.29	0.46	-0.53	0.38	-0.01	CINT
DCBO	0.66	0.74	0.49	0.02	-0.29		-0.58	0.69	0.19	0.62	DCBO
SKYT	-0.08	-0.14	-0.47	0.21	0.46	-0.58		-0.69	0.16	-0.22	SKYT
RDVT	0.26	0.45	0.68	0.07	-0.53	0.69	-0.69		-0.29	0.34	RDVT
ARQQ	0.37	0.08	-0.41	-0.38	0.38	0.19	0.16	-0.29		0.32	ARQQ
IBTA	0.86	0.71	-0.07	-0.4	-0.01	0.62	-0.22	0.34	0.32		IBTA
	EXOD	IIIV	RSKD	CGNT	CINT	DCBO	SKYT	RDVT	ARQQ	IBTA

Please upgrade your account to get full access to Macroaxis premium features

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

IBTA	+ 0.86	EXOD
IIIV	+ 0.82	EXOD
DCBO	+ 0.74	IIIV
IBTA	+ 0.71	IIIV
RDVT	+ 0.69	DCBO
RDVT	+ 0.68	RSKD

High negative correlations

RDVT	- 0.69	SKYT
SKYT	- 0.58	DCBO
RDVT	- 0.53	CINT
SKYT	- 0.47	RSKD
CINT	- 0.45	RSKD
ARQQ	- 0.41	RSKD

Risk-Adjusted Indicators

There is a big difference between OBOOK Stock performing well and OBOOK Holdings 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 OBOOK Holdings' 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
EXOD	4.05	(0.81)	0.00	(0.47)	0.00	0.00	6.42	(8.84)	32.74
IIIV	1.76	(0.54)	0.00	(0.43)	0.00	0.00	2.64	(3.60)	11.63
RSKD	1.64	(0.17)	0.00	(0.14)	0.00	0.00	3.73	(2.85)	13.98
CGNT	1.62	0.07	0.02	0.16	2.28	(1.64)	3.70	(4.23)	13.68
CINT	2.19	0.01	0.01	0.06	2.82	(2.26)	5.51	(4.74)	12.99
DCBO	1.60	(0.45)	0.00	(0.36)	0.00	0.00	2.96	(3.61)	7.24
SKYT	5.79	1.17	0.20	0.36	5.85	(6.61)	12.40	(9.12)	48.91
RDVT	1.90	(0.23)	0.00	(0.94)	0.00	0.00	4.16	(3.78)	18.77
ARQQ	4.38	(1.01)	0.00	(0.25)	0.00	0.00	7.88	(9.81)	24.25
IBTA	2.68	(0.71)	0.00	(0.28)	0.00	0.00	4.14	(5.77)	33.30

OBOOK Holdings Corporate Executives

Elected by the shareholders, the OBOOK Holdings' board of directors comprises two types of representatives: OBOOK Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OBOOK. The board's role is to monitor OBOOK Holdings' management team and ensure that shareholders' interests are well served. OBOOK Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OBOOK Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.

ChungHan Hsieh

CTO CoFounder

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

2026 Macroaxis LLC