Weibo Corp Correlations

WB Stock

USD 7.60 0.26 3.54%

The current 90-days correlation between Weibo Corp and Outbrain is 0.26 (i.e., Modest diversification). The correlation of Weibo Corp 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.

Weibo Corp Correlation With Market

Very weak diversification

The correlation between Weibo Corp 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 Weibo Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weibo Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Weibo Stock refer to our How to Trade Weibo Stock guide.

Moving together with Weibo Stock

0.69	ZH	Zhihu Inc ADR	Pair Corr
0.68	GITS	Global Interactive Symbol Change	Pair Corr
0.64	META	Meta Platforms	Pair Corr
0.81	MOMO	Hello Group	Pair Corr

Related Correlations Analysis

	OB	PERI	TBLAW	FVRR	ANGI
OB		0.85	0.94	0.9	0.77	OB
PERI	0.85		0.77	0.76	0.67	PERI
TBLAW	0.94	0.77		0.88	0.71	TBLAW
FVRR	0.9	0.76	0.88		0.7	FVRR
ANGI	0.77	0.67	0.71	0.7		ANGI
	OB	PERI	TBLAW	FVRR	ANGI

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Risk-Adjusted Indicators

There is a big difference between Weibo Stock performing well and Weibo Corp 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 Weibo Corp'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
OB	2.93	(0.93)	(0.74)	3.71	(7.16)	24.67
PERI	1.89	(0.18)	0.92	4.15	(4.44)	17.30
TBLAW	9.04	(0.27)	(0.43)	23.08	(20.00)	54.17
FVRR	2.71	(0.34)	(0.41)	4.83	(6.69)	13.39
ANGI	2.74	(0.19)	(0.25)	7.06	(5.78)	19.75

Weibo Corp Corporate Management

Jingdong Ge	VP of Marketing	Profile
Sandra Zhang	Investor Analyst	Profile
Wen Li	Investor Manager	Profile
Wang Wei	Chief Officer	Profile
Zenghui Cao	Senior Operation	Profile

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