Fiverr International Correlations

F2VR34 Stock

10.04 0.17 1.72%

The current 90-days correlation between Fiverr International and Taiwan Semiconductor Manufacturing is -0.13 (i.e., Good diversification). The correlation of Fiverr International 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.

Fiverr International Correlation With Market

Average diversification

The correlation between Fiverr International and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fiverr International and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Fiverr International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiverr International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fiverr International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fiverr International to buy it.

Moving together with Fiverr Stock

0.67	TSMC34	Taiwan Semiconductor	Pair Corr
0.8	AAPL34	Apple Inc	Pair Corr
0.83	MSFT34	Microsoft	Pair Corr
0.85	GOGL35	Alphabet	Pair Corr
0.85	GOGL34	Alphabet	Pair Corr
0.92	AMZO34	Amazon Inc	Pair Corr
0.93	H1SB34	HSBC Holdings plc	Pair Corr
0.86	BERK34	Berkshire Hathaway	Pair Corr
0.92	WALM34	Walmart	Pair Corr
0.62	ACNB34	Accenture plc	Pair Corr
0.69	K1RC34	K1RC34	Pair Corr
0.71	UPSS34	United Parcel Service	Pair Corr
0.8	HOME34	Home Depot	Pair Corr
0.81	SBUB34	Starbucks	Pair Corr
0.74	TMCO34	Toyota Motor	Pair Corr
0.86	MSBR34	Morgan Stanley	Pair Corr
0.63	B1NT34	BIONTECH SE DRN	Pair Corr
0.93	M1UF34	Mitsubishi UFJ Financial	Pair Corr
0.92	P2LT34	Palantir Technologies	Pair Corr
0.81	AIRB34	Airbnb Inc	Pair Corr
0.91	TSLA34	Tesla Inc	Pair Corr
0.88	CTKA3	Karsten SA	Pair Corr
0.68	A1VY34	A1VY34	Pair Corr
0.93	S1MF34	Sumitomo Mitsui Financial	Pair Corr
0.92	AXPB34	American Express	Pair Corr
0.75	F1RA34	F1RA34	Pair Corr
0.8	ABTT34	Abbott Laboratories	Pair Corr
0.86	JBSS3	JBS SA	Pair Corr
0.89	HONB34	Honeywell International	Pair Corr
0.92	SSFO34	salesforce inc	Pair Corr
0.92	A1TM34	A1TM34	Pair Corr
0.93	VISA34	Visa Inc	Pair Corr
0.95	MRFG3	Marfrig Global Foods	Pair Corr

Moving against Fiverr Stock

0.67	BABA34	Alibaba Group Holding	Pair Corr
0.51	TGTB34	Target	Pair Corr

Related Correlations Analysis

	TSMC34	AAPL34	BABA34	MSFT34	B1SA34	GOGL35	GOGL34	AMZO34	H1SB34	BERK34
TSMC34		0.85	-0.4	0.83	0.68	0.81	0.84	0.82	0.83	0.76	TSMC34
AAPL34	0.85		-0.49	0.96	0.6	0.9	0.91	0.92	0.92	0.83	AAPL34
BABA34	-0.4	-0.49		-0.55	-0.23	-0.47	-0.46	-0.6	-0.56	-0.65	BABA34
MSFT34	0.83	0.96	-0.55		0.62	0.91	0.92	0.95	0.92	0.8	MSFT34
B1SA34	0.68	0.6	-0.23	0.62		0.46	0.52	0.49	0.49	0.39	B1SA34
GOGL35	0.81	0.9	-0.47	0.91	0.46		0.97	0.95	0.93	0.75	GOGL35
GOGL34	0.84	0.91	-0.46	0.92	0.52	0.97		0.95	0.95	0.76	GOGL34
AMZO34	0.82	0.92	-0.6	0.95	0.49	0.95	0.95		0.97	0.85	AMZO34
H1SB34	0.83	0.92	-0.56	0.92	0.49	0.93	0.95	0.97		0.85	H1SB34
BERK34	0.76	0.83	-0.65	0.8	0.39	0.75	0.76	0.85	0.85		BERK34
	TSMC34	AAPL34	BABA34	MSFT34	B1SA34	GOGL35	GOGL34	AMZO34	H1SB34	BERK34

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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

GOGL34	+ 0.97	GOGL35
H1SB34	+ 0.97	AMZO34
MSFT34	+ 0.96	AAPL34
AMZO34	+ 0.95	MSFT34
AMZO34	+ 0.95	GOGL35
AMZO34	+ 0.95	GOGL34

High negative correlations

BERK34	- 0.65	BABA34
AMZO34	- 0.6	BABA34
H1SB34	- 0.56	BABA34
MSFT34	- 0.55	BABA34
BABA34	- 0.49	AAPL34
GOGL35	- 0.47	BABA34

Risk-Adjusted Indicators

There is a big difference between Fiverr Stock performing well and Fiverr International 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 Fiverr International'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
TSMC34	2.00	0.41	0.17	1.48	1.92	(2.30)	6.04	(3.99)	15.94
AAPL34	1.11	0.36	0.22	(1.14)	1.05	(1.22)	2.63	(1.66)	5.87
BABA34	2.35	0.19	0.05	(0.51)	2.37	(2.85)	6.17	(3.50)	15.57
MSFT34	1.11	0.21	0.10	(1.60)	1.37	(1.22)	2.55	(1.99)	8.17
B1SA34	1.15	0.10	0.04	(1.66)	1.15	(1.30)	2.22	(1.79)	5.52
GOGL35	1.46	0.48	0.27	(1.29)	1.34	(1.80)	3.91	(2.04)	8.33
GOGL34	1.55	0.51	0.24	(1.09)	1.49	(1.94)	4.66	(2.48)	10.24
AMZO34	1.40	0.45	0.24	(6.40)	1.37	(1.59)	3.42	(2.32)	9.12
H1SB34	0.97	0.36	0.26	2.17	0.89	(1.18)	2.09	(1.44)	7.71
BERK34	0.90	0.17	0.11	0.51	0.96	(0.96)	1.88	(1.68)	6.49

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Our tools can tell you how much better you can do entering a position in Fiverr International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fiverr International Corporate Management

Elected by the shareholders, the Fiverr International's board of directors comprises two types of representatives: Fiverr International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fiverr. The board's role is to monitor Fiverr International's management team and ensure that shareholders' interests are well served. Fiverr International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fiverr International's outside directors are responsible for providing unbiased perspectives on the board's policies.

Gil Sheinfeld	Chief Officer	Profile
Gurit Vardi	Exec Counsel	Profile
Maya Tracey	Investor Mang	Profile
Chris Lane	Global Digital	Profile

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