Innovid Corp Correlations
| CTV Stock | USD 3.04 0.01 0.33% |
The current 90-days correlation between Innovid Corp and ADTRAN Inc is 0.23 (i.e., Modest diversification). The correlation of Innovid 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Innovid Corp Correlation With Market
Modest diversification
The correlation between Innovid Corp and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Innovid Corp and DJI in the same portfolio, assuming nothing else is changed.
Innovid |
Moving together with Innovid Stock
Moving against Innovid Stock
| 0.5 | DLPN | Dolphin Entertainment | PairCorr |
| 0.45 | DRCT | Direct Digital Holdings | PairCorr |
| 0.54 | HOFV | Hall of Fame | PairCorr |
| 0.38 | LILAK | Liberty Latin America | PairCorr |
| 0.32 | RDI | Reading International | PairCorr |
| 0.32 | HUYA | HUYA Inc | PairCorr |
Related Correlations Analysis
| 0.76 | -0.66 | -0.34 | 0.88 | ADTN | ||
| 0.76 | -0.21 | 0.1 | 0.74 | BDC | ||
| -0.66 | -0.21 | 0.38 | -0.47 | ADCT | ||
| -0.34 | 0.1 | 0.38 | -0.5 | CMTL | ||
| 0.88 | 0.74 | -0.47 | -0.5 | CTS | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Innovid Stock performing well and Innovid 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 Innovid 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 | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ADTN | 2.30 | 0.54 | 0.29 | 0.45 | 1.57 | 6.31 | 22.03 | |||
| BDC | 1.42 | 0.24 | 0.07 | 4.73 | 1.61 | 2.85 | 13.52 | |||
| ADCT | 3.40 | (0.64) | 0.00 | (0.16) | 0.00 | 6.98 | 22.87 | |||
| CMTL | 4.68 | 0.21 | 0.04 | 0.24 | 6.47 | 12.63 | 40.77 | |||
| CTS | 1.56 | 0.15 | 0.02 | 2.61 | 1.69 | 2.78 | 15.09 |
Innovid Corp Corporate Management
| Tanya AndreevKaspin | Executive Officer | Profile | |
| Tim Braz | VP Sales | Profile | |
| Stephanie Geno | Chief Officer | Profile | |
| Stephen Cook | General Counsel | Profile | |
| Ken Markus | Chief Officer | Profile | |
| John Williams | Head Relations | Profile | |
| Pr Netter | CEO CoFounder | Profile |