Fluent Correlations
| FLNT Stock | USD 3.78 0.04 1.05% |
The current 90-days correlation between Fluent Inc and Able View Global is 0.21 (i.e., Modest 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.
Moving together with Fluent Stock
| 0.73 | VSME | VS Media Holdings | PairCorr |
| 0.7 | ALKLA | Klarsen SA | PairCorr |
| 0.88 | GBCI | Glacier Bancorp Normal Trading | PairCorr |
| 0.81 | NWPX | Northwest Pipe | PairCorr |
| 0.69 | AGESY | ageas SANV | PairCorr |
| 0.76 | YASKY | Yaskawa Electric Corp | PairCorr |
Moving against Fluent Stock
| 0.77 | NCMI | National CineMedia | PairCorr |
| 0.7 | INTJ | Intelligent Group | PairCorr |
| 0.7 | LZMH | LZ Technology Holdings | PairCorr |
| 0.61 | MIRI | Mirriad Advertising PLC | PairCorr |
| 0.48 | SGRP | SPAR Group | PairCorr |
| 0.33 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.88 | PBCRY | Bank Central Asia | PairCorr |
| 0.86 | TTOO | T2 Biosystems | PairCorr |
| 0.52 | PBCRF | PT Bank Central | 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 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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ACCS | 2.90 | (0.05) | 0.00 | (0.34) | 0.00 | 5.58 | 25.77 | |||
| ABLV | 4.21 | (0.21) | 0.00 | 13.53 | 0.00 | 8.96 | 54.31 | |||
| INUV | 4.17 | (0.34) | 0.00 | (0.15) | 0.00 | 8.30 | 56.41 | |||
| TZUP | 4.91 | (0.21) | 0.00 | (18.13) | 0.00 | 11.03 | 29.93 | |||
| SCOR | 2.56 | 0.23 | 0.08 | 0.19 | 2.77 | 6.86 | 21.93 | |||
| TOON | 2.32 | (0.21) | 0.00 | (0.06) | 0.00 | 5.41 | 19.55 | |||
| SDM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| NIPG | 2.87 | (0.69) | 0.00 | (3.34) | 0.00 | 4.72 | 24.01 | |||
| RDI | 1.85 | (0.45) | 0.00 | (1.01) | 0.00 | 3.17 | 14.05 |
Fluent Corporate Management
| Dan Hall | Chief Officer | Profile | |
| Jeff Kauffman | CoGeneral Officer | Profile | |
| Melanie Murphy | Chief Officer | Profile | |
| Sean Cullen | Executive Product | Profile | |
| Brian Hogan | Executive Solutions | Profile |