Cellebrite Correlations
| CLBTWDelisted Stock | USD 5.15 0.44 7.87% |
The current 90-days correlation between Cellebrite DI Equity and Playtika Holding Corp is 0.11 (i.e., Average diversification). The correlation of Cellebrite 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Cellebrite Correlation With Market
Good diversification
The correlation between Cellebrite DI Equity and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cellebrite DI Equity and DJI in the same portfolio, assuming nothing else is changed.
Cellebrite |
Moving together with Cellebrite Stock
| 0.79 | BRK-A | Berkshire Hathaway | PairCorr |
| 0.66 | AMKBY | AP Moeller Maersk | PairCorr |
| 0.88 | WMT | Walmart | PairCorr |
| 0.7 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.95 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.64 | HD | Home Depot | PairCorr |
| 0.85 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.87 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.93 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.87 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
Moving against Cellebrite Stock
| 0.92 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.84 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.83 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.82 | AULT | Ault Alliance Symbol Change | PairCorr |
| 0.8 | VLCN | Volcon Inc | PairCorr |
| 0.79 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.7 | NVR | NVR Inc | PairCorr |
| 0.7 | BPTS | Biophytis | PairCorr |
| 0.56 | PSGTF | PT Semen Indonesia | PairCorr |
| 0.39 | DD | Dupont De Nemours Sell-off Trend | PairCorr |
| 0.31 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| -0.8 | -0.81 | -0.77 | 0.37 | -0.39 | 0.0 | PLTK | ||
| -0.8 | 0.76 | 0.9 | -0.47 | 0.41 | 0.0 | DEO | ||
| -0.81 | 0.76 | 0.7 | -0.11 | 0.25 | 0.0 | FMX | ||
| -0.77 | 0.9 | 0.7 | -0.36 | 0.51 | 0.0 | CLILF | ||
| 0.37 | -0.47 | -0.11 | -0.36 | -0.13 | 0.0 | GMGI | ||
| -0.39 | 0.41 | 0.25 | 0.51 | -0.13 | 0.0 | CHCI | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | TBVPY | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Cellebrite Stock performing well and Cellebrite 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 Cellebrite'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PLTK | 1.14 | 0.09 | 0.05 | 0.22 | 1.32 | 2.33 | 7.80 | |||
| DEO | 1.06 | (0.03) | (0.09) | (0.04) | 1.37 | 2.20 | 8.81 | |||
| FMX | 0.98 | (0.20) | 0.00 | (0.42) | 0.00 | 1.86 | 6.26 | |||
| CLILF | 0.74 | (0.06) | 0.00 | (0.09) | 0.00 | 0.00 | 22.86 | |||
| GMGI | 3.53 | (0.34) | 0.00 | (0.06) | 0.00 | 9.16 | 29.74 | |||
| CHCI | 3.80 | 0.36 | 0.04 | (0.63) | 4.55 | 9.41 | 22.60 | |||
| TBVPY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cellebrite Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cellebrite stock to make a market-neutral strategy. Peer analysis of Cellebrite could also be used in its relative valuation, which is a method of valuing Cellebrite by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Cellebrite Corporate Management
| Yossi Carmil | CEO Director | Profile | |
| Zohar TadmorEilat | Chief Officer | Profile | |
| Osnat Tirosh | Chief Officer | Profile | |
| Ori Nurick | Ex Management | Profile | |
| David Gee | Chief Officer | Profile | |
| Adam Jaffe | VP Communications | Profile |
Still Interested in Cellebrite DI Equity?
Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.