Perion Network Correlations
PERI Stock | USD 11.43 0.23 2.05% |
The current 90-days correlation between Perion Network and MediaAlpha is 0.08 (i.e., Significant diversification). The correlation of Perion Network 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perion Network. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. Moving together with Perion Stock
0.78 | BZ | Kanzhun Ltd ADR | PairCorr |
0.65 | WB | Weibo Corp | PairCorr |
0.62 | ZH | Zhihu Inc ADR | PairCorr |
0.75 | FENG | Phoenix New Media | PairCorr |
0.78 | IAC | IAC Inc | PairCorr |
0.79 | RUM | Rumble Inc | PairCorr |
0.75 | TME | Tencent Music Entert | PairCorr |
0.7 | GOOG | Alphabet Class C Aggressive Push | PairCorr |
0.81 | IZEA | IZEA Inc | PairCorr |
0.65 | RUMBW | Rumble Inc | PairCorr |
0.68 | META | Meta Platforms Earnings Call This Week | PairCorr |
0.61 | NBIS | Nebius Group NV Earnings Call This Week | PairCorr |
Moving against Perion Stock
0.58 | SLE | Super League Enterprise | PairCorr |
0.53 | CCG | Cheche Group Class Earnings Call Tomorrow | PairCorr |
0.4 | GETY | Getty Images Holdings | PairCorr |
0.33 | DJT | Trump Media Technology | PairCorr |
0.7 | GIBO | Global IBO Group | PairCorr |
0.48 | NAMI | Jinxin Technology Holding | PairCorr |
0.41 | GIFT | RDE, Inc Earnings Call This Week | PairCorr |
0.41 | SEATW | Vivid Seats Warrant | PairCorr |
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Perion Stock performing well and Perion Network 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 Perion Network'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 | ||
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MAX | 1.92 | 0.16 | 0.13 | 0.31 | 1.75 | 4.09 | 18.23 | |||
SEAT | 4.06 | (0.42) | 0.00 | (0.05) | 0.00 | 7.27 | 44.91 | |||
JFIN | 3.18 | 0.62 | 0.21 | 0.81 | 2.61 | 8.26 | 18.67 | |||
MOMO | 1.81 | 0.70 | 0.36 | 2.48 | 1.01 | 5.05 | 16.57 | |||
PINS | 1.69 | 0.71 | 0.27 | (1.63) | 1.07 | 4.88 | 15.07 | |||
SNAP | 2.58 | (0.01) | 0.07 | 0.20 | 2.95 | 7.13 | 16.82 | |||
GOOGL | 1.39 | 0.23 | 0.08 | 0.57 | 1.63 | 2.88 | 9.83 | |||
BIDU | 1.55 | 0.11 | 0.00 | 0.44 | 2.05 | 3.98 | 16.13 | |||
META | 1.47 | 0.27 | 0.25 | 0.41 | 0.82 | 3.99 | 10.48 |
Perion Network Corporate Management
Mina Naguib | Chief Officer | Profile | |
Kenny Lau | Chief Solutions | Profile | |
Erin McCallion | Chief Officer | Profile | |
Rami Rozen | Vice Relations | Profile | |
Avi Zimak | Chief Officer | Profile | |
Elad Tzubery | Chief Officer | Profile |