Creatd Correlations
| CRTD Stock | USD 0.52 0.05 8.77% |
The current 90-days correlation between Creatd Inc and Quizam Media is -0.05 (i.e., Good diversification). The correlation of Creatd 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.
Creatd Correlation With Market
Significant diversification
The correlation between Creatd Inc and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Creatd Inc and DJI in the same portfolio, assuming nothing else is changed.
Creatd |
The ability to find closely correlated positions to Creatd could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Creatd 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 Creatd - 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 Creatd Inc to buy it.
Moving together with Creatd Pink Sheet
| 0.76 | GOOG | Alphabet Class C Sell-off Trend | PairCorr |
| 0.73 | F | Ford Motor | PairCorr |
| 0.73 | INFY | Infosys Ltd ADR | PairCorr |
| 0.77 | RIVN | Rivian Automotive Sell-off Trend | PairCorr |
| 0.76 | AKAM | Akamai Technologies | PairCorr |
| 0.85 | GM | General Motors | PairCorr |
| 0.75 | PHAR | Pharming Group NV | PairCorr |
| 0.71 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.83 | KODK | Eastman Kodak | PairCorr |
| 0.73 | NOEM | CO2 Energy Transition | PairCorr |
| 0.83 | APGE | Apogee Therapeutics, | PairCorr |
| 0.75 | DDS | Dillards, | PairCorr |
Moving against Creatd Pink Sheet
| 0.82 | NIO | Nio Class A | PairCorr |
| 0.78 | GRAB | Grab Holdings Aggressive Push | PairCorr |
| 0.67 | AUR | Aurora Innovation | PairCorr |
| 0.66 | TCTZF | Tencent Holdings | PairCorr |
| 0.66 | PROSY | Prosus NV ADR | PairCorr |
| 0.64 | TCEHY | Tencent Holdings | PairCorr |
| 0.63 | RXRX | Recursion Pharmaceuticals | PairCorr |
| 0.6 | DASH | DoorDash, Class A Sell-off Trend | PairCorr |
| 0.58 | PLUG | Plug Power | PairCorr |
| 0.57 | META | Meta Platforms | PairCorr |
| 0.55 | PROSF | Prosus | PairCorr |
| 0.33 | BIDU | Baidu Inc | PairCorr |
| 0.37 | RYSKF | Reysas Tasimacilik | PairCorr |
| 0.32 | WOLF | Wolfspeed, | PairCorr |
Related Correlations Analysis
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 Creatd Pink Sheet performing well and Creatd 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 Creatd'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FMHS | 11.64 | 3.76 | 0.16 | (22.42) | 8.83 | 50.00 | 196.39 | |||
| QQQFF | 2.62 | 0.79 | 0.00 | (0.15) | 0.00 | 0.00 | 60.74 | |||
| STGZ | 7.63 | 0.54 | 0.04 | (5.03) | 8.75 | 21.35 | 62.77 | |||
| YOOIF | 6.54 | 2.03 | 0.00 | 4.73 | 0.00 | 0.00 | 200.00 | |||
| DTGI | 8.43 | (0.08) | 0.00 | 0.18 | 0.00 | 19.57 | 90.38 | |||
| EZOO | 2.71 | (1.29) | 0.00 | 0.95 | 0.00 | 0.00 | 0.00 | |||
| FPNUF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LBUY | 10.81 | 0.94 | 0.08 | 0.40 | 10.20 | 26.67 | 80.95 | |||
| LTCP | 6.59 | 1.07 | 0.06 | 0.83 | 7.41 | 25.00 | 88.38 | |||
| FMPR | 5.03 | (0.65) | 0.00 | (0.29) | 0.00 | 0.00 | 119.05 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Creatd 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.Did you try this?
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Creatd Corporate Management
| Chelsea Pullano | Chief Officer | Profile | |
| Tracy Willis | Chief Partners | Profile | |
| Robert Tal | Head Intelligence | Profile | |
| Thomas Punch | Chief Ventures | Profile | |
| Justin Maury | COO, Founder | Profile | |
| Jeremy Frommer | CEO Founder | Profile | |
| Danielle Banner | Chief Officer | Profile |