Correlation Between DoubleVerify Holdings and Intapp

Can any of the company-specific risk be diversified away by investing in both DoubleVerify Holdings and Intapp 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 DoubleVerify Holdings and Intapp into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between DoubleVerify Holdings and Intapp Inc, you can compare the effects of market volatilities on DoubleVerify Holdings and Intapp 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 DoubleVerify Holdings with a short position of Intapp. Check out your portfolio center. Please also check ongoing floating volatility patterns of DoubleVerify Holdings and Intapp.

Diversification Opportunities for DoubleVerify Holdings and Intapp

0.39

Correlation Coefficient

DoubleVerify Holdings  Intapp

Weak diversification

The 3 months correlation between DoubleVerify and Intapp is 0.39. Overlapping area represents the amount of risk that can be diversified away by holding DoubleVerify Holdings and Intapp Inc in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Intapp Inc and DoubleVerify 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 DoubleVerify Holdings are associated (or correlated) with Intapp. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Intapp Inc has no effect on the direction of DoubleVerify Holdings i.e., DoubleVerify Holdings and Intapp go up and down completely randomly.

Pair Corralation between DoubleVerify Holdings and Intapp

Allowing for the 90-day total investment horizon DoubleVerify Holdings is expected to generate 0.9 times more return on investment than Intapp. However, DoubleVerify Holdings is 1.11 times less risky than Intapp. It trades about -0.04 of its potential returns per unit of risk. Intapp Inc is currently generating about -0.08 per unit of risk. If you would invest  1,248  in DoubleVerify Holdings on July 21, 2025 and sell it today you would lose (159.00) from holding DoubleVerify Holdings or give up 12.74% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Very Weak
Accuracy	100.0%
Values	Daily Returns

DoubleVerify Holdings  vs.  Intapp Inc

DoubleVerify Holdings

Risk-Adjusted Performance

Weakest

Over the last 90 days DoubleVerify Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in November 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors.

Intapp Inc

Risk-Adjusted Performance

Weakest

Over the last 90 days Intapp Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors.

Pair Trading with DoubleVerify Holdings and Intapp

The main advantage of trading using opposite DoubleVerify Holdings and Intapp positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if DoubleVerify Holdings position performs unexpectedly, Intapp 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 Intapp will offset losses from the drop in Intapp's long position.

The idea behind DoubleVerify Holdings and Intapp Inc 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..