Fluent Correlations

FLNT Stock  USD 3.24  0.17  4.99%   
The current 90-days correlation between Fluent Inc and Able View Global is -0.18 (i.e., Good diversification). The correlation of Fluent 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.

Fluent Correlation With Market

Very poor diversification

The correlation between Fluent Inc and DJI is 0.8 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fluent Inc and DJI in the same portfolio, assuming nothing else is changed.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fluent Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

Moving together with Fluent Stock

  0.84VSME VS Media Holdings Buyout TrendPairCorr
  0.74EEX Emerald ExpositionsPairCorr
  0.75HAO Haoxi Health TechnologyPairCorr

Moving against Fluent Stock

  0.86EDHL Everbright DigitalPairCorr
  0.76CHR Cheer HoldingPairCorr
  0.66YOC YOC AGPairCorr
  0.52HHS Harte HanksPairCorr
  0.5BOC Boston Omaha CorpPairCorr
  0.49RFX Prismaflex InternationalPairCorr
  0.4PUB Publicis Groupe SAPairCorr
  0.33SYZ SYZYGY AGPairCorr
  0.89IS3 I Synergy Group Earnings Call TodayPairCorr
  0.78INTJ Intelligent GroupPairCorr
  0.7EBQ Ebiquity PlcPairCorr
  0.63YDKG Yueda Digital Holding Symbol ChangePairCorr
  0.58INF Informa PLCPairCorr
  0.5IBTA IbottaPairCorr
  0.47GTN GTNPairCorr
  0.45TAT Tartana MineralsPairCorr
  0.4MIRI Mirriad Advertising PLCPairCorr

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

RDINIPG
INUVACCS
NIPGINUV
TOONACCS
TOONINUV
SCORACCS
  

High negative correlations

SCORTZUP
NIPGABLV
NIPGSCOR
RDISCOR
ABLVACCS
INUVABLV

Risk-Adjusted Indicators

There is a big difference between Fluent Stock performing well and Fluent 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 Fluent'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.

Fluent Corporate Management

Dan HallChief OfficerProfile
Jeff KauffmanCoGeneral OfficerProfile
Melanie MurphyChief OfficerProfile
Sean CullenExecutive ProductProfile
Brian HoganExecutive SolutionsProfile