Remark Holdings Correlations

Summary

MARKDelisted Stock

USD 0.96 0.06 5.88%

The current 90-days correlation between Remark Holdings and Nextplay Technologies is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Remark Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Remark Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Remark Holdings Correlation With Market

Very good diversification

The correlation between Remark Holdings and DJI is -0.23 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Remark Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Remark Stock

0.62	VERI	Veritone	Pair Corr
0.74	VRNS	Varonis Systems	Pair Corr
0.75	FAAS	DigiAsia Corp Symbol Change	Pair Corr

Moving against Remark Stock

0.76	EVCM	EverCommerce	Pair Corr
0.72	NN	Nextnav Acquisition Corp	Pair Corr
0.69	FLYW	Flywire Corp	Pair Corr
0.65	BOX	Box Inc Earnings Call Tomorrow	Pair Corr
0.63	FIVN	Five9 Inc	Pair Corr
0.62	EVTC	Evertec	Pair Corr
0.55	CETXP	Cemtrex Pref	Pair Corr
0.54	GB	Global Blue Group	Pair Corr
0.43	S	SentinelOne	Pair Corr
0.4	DTSS	Datasea	Pair Corr
0.38	ZS	Zscaler	Pair Corr
0.64	GDDY	Godaddy	Pair Corr
0.63	GEN	Gen Digital	Pair Corr
0.57	LIDRW	AEye Inc	Pair Corr
0.55	FTNT	Fortinet	Pair Corr
0.53	DBX	Dropbox	Pair Corr
0.52	WIX	WixCom	Pair Corr
0.51	SWI	SolarWinds Corp	Pair Corr
0.45	MDB	MongoDB Earnings Call Tomorrow	Pair Corr
0.4	IOT	Samsara	Pair Corr
0.39	NET	Cloudflare	Pair Corr
0.35	DLO	Dlocal	Pair Corr

Related Correlations Analysis

	YEXT	BAND	PGY	ARQQ	NXTP	AUID	CISO	DTSS	CETX	ALAR
YEXT		0.77	-0.44	0.48	-0.48	-0.49	0.8	0.68	-0.75	0.38	YEXT
BAND	0.77		-0.1	0.69	-0.34	-0.29	0.73	0.64	-0.65	0.47	BAND
PGY	-0.44	-0.1		-0.04	0.4	0.66	-0.54	-0.25	0.4	0.1	PGY
ARQQ	0.48	0.69	-0.04		0.12	-0.22	0.47	0.32	-0.18	0.25	ARQQ
NXTP	-0.48	-0.34	0.4	0.12		0.53	-0.49	-0.38	0.6	-0.15	NXTP
AUID	-0.49	-0.29	0.66	-0.22	0.53		-0.66	-0.39	0.46	0.09	AUID
CISO	0.8	0.73	-0.54	0.47	-0.49	-0.66		0.61	-0.84	0.32	CISO
DTSS	0.68	0.64	-0.25	0.32	-0.38	-0.39	0.61		-0.63	0.34	DTSS
CETX	-0.75	-0.65	0.4	-0.18	0.6	0.46	-0.84	-0.63		-0.51	CETX
ALAR	0.38	0.47	0.1	0.25	-0.15	0.09	0.32	0.34	-0.51		ALAR
	YEXT	BAND	PGY	ARQQ	NXTP	AUID	CISO	DTSS	CETX	ALAR

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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

CISO	+ 0.8	YEXT
BAND	+ 0.77	YEXT
CISO	+ 0.73	BAND
ARQQ	+ 0.69	BAND
DTSS	+ 0.68	YEXT
AUID	+ 0.66	PGY

High negative correlations

CETX	- 0.84	CISO
CETX	- 0.75	YEXT
CISO	- 0.66	AUID
CETX	- 0.65	BAND
CETX	- 0.63	DTSS
CISO	- 0.54	PGY

Risk-Adjusted Indicators

There is a big difference between Remark Stock performing well and Remark Holdings 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 Remark Holdings' 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
YEXT	1.80	0.66	0.31	0.84	1.31	(2.22)	4.25	(3.02)	16.93
BAND	2.12	0.13	0.09	0.21	2.11	(2.39)	6.68	(3.88)	12.59
PGY	4.96	(0.53)	(0.01)	0.01	9.25	(4.47)	11.41	(8.48)	51.11
ARQQ	8.86	1.67	0.23	0.55	7.47	(11.61)	25.56	(13.79)	58.48
NXTP	4.97	(0.71)	0.00	(0.73)	0.00	0.00	8.74	(10.00)	28.18
AUID	3.54	(0.49)	0.00	(0.25)	0.00	0.00	8.74	(8.74)	29.47
CISO	5.61	1.41	0.22	1.23	5.23	(6.96)	15.56	(9.37)	44.20
DTSS	4.78	0.48	0.05	1.04	7.17	(5.33)	11.40	(9.20)	61.49
CETX	8.42	(5.65)	0.00	26.48	0.00	0.00	8.73	(33.92)	75.61
ALAR	5.81	0.03	0.02	0.14	5.56	(7.94)	14.37	(9.94)	48.00

View Remark Holdings Related Equities

Yext Inc Bandwidth Pagaya Technologies Arqit Quantum Nextplay Technologies authID Inc Cerberus Cyber Sentinel Datasea Cemtrex Alarum Technologies Edgio Inc GigaCloud Technology Class Taoping Bridgeline Digital Rekor Systems

Risk & Return

Correlation

Remark Holdings Corporate Management

DeMeakey Sr	Chief Officer	Profile
Robert Gatchell	Senior Operations	Profile
Fay Tian	Vice Relations	Profile
Wei Zhou	Pres INTAC	Profile
Todd Brown	Senior Reporting	Profile

Still Interested in Remark Holdings?

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.

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