Correlation Between Crowdstrike Holdings and GAMECRED

Can any of the company-specific risk be diversified away by investing in both Crowdstrike Holdings and GAMECRED at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Crowdstrike Holdings and GAMECRED into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Crowdstrike Holdings and GAMECRED, you can compare the effects of market volatilities on Crowdstrike Holdings and GAMECRED and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Crowdstrike Holdings with a short position of GAMECRED. Check out your portfolio center. Please also check ongoing floating volatility patterns of Crowdstrike Holdings and GAMECRED.

Diversification Opportunities for Crowdstrike Holdings and GAMECRED

0.0

Correlation Coefficient

Crowdstrike Holdings  GAMECRED

Pay attention - limited upside

The 3 months correlation between Crowdstrike and GAMECRED is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Crowdstrike Holdings and GAMECRED in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on GAMECRED and Crowdstrike Holdings is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Crowdstrike Holdings are associated (or correlated) with GAMECRED. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of GAMECRED has no effect on the direction of Crowdstrike Holdings i.e., Crowdstrike Holdings and GAMECRED go up and down completely randomly.

Pair Corralation between Crowdstrike Holdings and GAMECRED

If you would invest  46,152  in Crowdstrike Holdings on July 23, 2025 and sell it today you would earn a total of  4,209  from holding Crowdstrike Holdings or generate 9.12% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	0.0%
Values	Daily Returns

Crowdstrike Holdings  vs.  GAMECRED

Crowdstrike Holdings

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in Crowdstrike Holdings are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather abnormal basic indicators, Crowdstrike Holdings may actually be approaching a critical reversion point that can send shares even higher in November 2025.

GAMECRED

Risk-Adjusted Performance

Weakest

Over the last 90 days GAMECRED has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, GAMECRED is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.

Pair Trading with Crowdstrike Holdings and GAMECRED

The main advantage of trading using opposite Crowdstrike Holdings and GAMECRED positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Crowdstrike Holdings position performs unexpectedly, GAMECRED can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GAMECRED will offset losses from the drop in GAMECRED's long position.

The idea behind Crowdstrike Holdings and GAMECRED pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.