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.
For more detail on how to invest in Perion Stock please use our How to Invest in Perion Network guide.

Moving together with Perion Stock

  0.78BZ Kanzhun Ltd ADRPairCorr
  0.65WB Weibo CorpPairCorr
  0.62ZH Zhihu Inc ADRPairCorr
  0.75FENG Phoenix New MediaPairCorr
  0.78IAC IAC IncPairCorr
  0.79RUM Rumble IncPairCorr
  0.75TME Tencent Music EntertPairCorr
  0.7GOOG Alphabet Class C Aggressive PushPairCorr
  0.81IZEA IZEA IncPairCorr
  0.65RUMBW Rumble IncPairCorr
  0.68META Meta Platforms Earnings Call This WeekPairCorr
  0.61NBIS Nebius Group NV Earnings Call This WeekPairCorr

Moving against Perion Stock

  0.58SLE Super League EnterprisePairCorr
  0.53CCG Cheche Group Class Earnings Call TomorrowPairCorr
  0.4GETY Getty Images HoldingsPairCorr
  0.33DJT Trump Media TechnologyPairCorr
  0.7GIBO Global IBO GroupPairCorr
  0.48NAMI Jinxin Technology HoldingPairCorr
  0.41GIFT RDE, Inc Earnings Call This WeekPairCorr
  0.41SEATW Vivid Seats WarrantPairCorr

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   
METAPINS
MOMOJFIN
METAJFIN
METAMAX
PINSJFIN
PINSMOMO
  
High negative correlations   
SEATMAX
METASEAT
PINSSEAT
JFINSEAT
GOOGLSEAT
MOMOSEAT

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.

Perion Network Corporate Management

Mina NaguibChief OfficerProfile
Kenny LauChief SolutionsProfile
Erin McCallionChief OfficerProfile
Rami RozenVice RelationsProfile
Avi ZimakChief OfficerProfile
Elad TzuberyChief OfficerProfile