ZoomInfo Technologies Correlations

ZI Stock

USD 10.94 0.06 0.55%

The current 90-days correlation between ZoomInfo Technologies and MondayCom is -0.06 (i.e., Good diversification). The correlation of ZoomInfo Technologies 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.

ZoomInfo Technologies Correlation With Market

Weak diversification

The correlation between ZoomInfo Technologies and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ZoomInfo Technologies and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZoomInfo Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more detail on how to invest in ZoomInfo Stock please use our How to Invest in ZoomInfo Technologies guide.

Moving together with ZoomInfo Stock

0.64	DJCO	Daily Journal Corp	Pair Corr
0.65	ZM	Zoom Video Communications	Pair Corr
0.62	DSGX	Descartes Systems Earnings Call This Week	Pair Corr
0.63	DUOT	Duos Technologies	Pair Corr

Moving against ZoomInfo Stock

0.61	EVOL	Evolving Systems	Pair Corr
0.43	ETWO	E2open Parent Holdings	Pair Corr
0.41	ELCO	Elcom International	Pair Corr
0.33	VTEX	VTEX	Pair Corr
0.33	SBIGW	SpringBig Holdings	Pair Corr

Related Correlations Analysis

	MNDY	DDOG	GTLB	HUBS	BILL	ASAN	TEAM	TTD	NOW	SNOW
MNDY		0.52	0.29	0.3	0.1	0.04	0.36	0.67	0.47	0.24	MNDY
DDOG	0.52		0.77	0.84	0.76	0.62	0.83	0.84	0.84	0.9	DDOG
GTLB	0.29	0.77		0.89	0.87	0.65	0.9	0.77	0.87	0.8	GTLB
HUBS	0.3	0.84	0.89		0.97	0.78	0.96	0.85	0.95	0.83	HUBS
BILL	0.1	0.76	0.87	0.97		0.84	0.93	0.74	0.87	0.81	BILL
ASAN	0.04	0.62	0.65	0.78	0.84		0.78	0.53	0.62	0.73	ASAN
TEAM	0.36	0.83	0.9	0.96	0.93	0.78		0.87	0.93	0.78	TEAM
TTD	0.67	0.84	0.77	0.85	0.74	0.53	0.87		0.92	0.67	TTD
NOW	0.47	0.84	0.87	0.95	0.87	0.62	0.93	0.92		0.75	NOW
SNOW	0.24	0.9	0.8	0.83	0.81	0.73	0.78	0.67	0.75		SNOW
	MNDY	DDOG	GTLB	HUBS	BILL	ASAN	TEAM	TTD	NOW	SNOW

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Risk-Adjusted Indicators

There is a big difference between ZoomInfo Stock performing well and ZoomInfo Technologies 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 ZoomInfo Technologies' 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
MNDY	2.04	(0.02)	0.02	0.11	3.56	(2.03)	5.04	(3.23)	21.57
DDOG	1.67	0.34	0.18	0.49	1.58	(1.94)	4.39	(2.63)	9.20
GTLB	2.26	0.31	0.19	0.30	1.87	(2.84)	5.93	(3.61)	26.58
HUBS	1.54	0.47	0.36	0.67	0.83	(2.03)	3.69	(2.30)	10.59
BILL	2.26	0.61	0.41	0.42	1.25	(2.79)	6.14	(2.97)	20.98
ASAN	2.04	0.09	0.00	0.53	2.53	(2.24)	5.67	(4.94)	10.16
TEAM	1.91	0.60	0.39	0.56	1.11	(2.46)	3.90	(2.40)	22.97
TTD	1.46	0.23	0.11	0.36	1.72	(1.60)	3.36	(3.12)	12.33
NOW	1.37	0.25	0.18	0.36	1.21	(1.67)	3.04	(2.68)	8.12
SNOW	2.03	0.51	0.30	0.38	1.45	(2.31)	4.20	(3.34)	34.99

ZoomInfo Technologies Corporate Management

Anthony Stark	General Secretary	Profile
Ali Dasdan	Chief Officer	Profile
Prasadh Cadambi	Chief Strategy	Profile
Michael OBrien	Interim PFO	Profile
Steve Vittorioso	Director Communications	Profile
James Roth	Chief Officer	Profile
Anthony JD	General Secretary	Profile

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