Jfrog Correlations

FROG Stock

USD 32.15 0.21 0.66%

The current 90-days correlation between Jfrog and Alkami Technology is 0.35 (i.e., Weak diversification). The correlation of Jfrog 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.

Jfrog Correlation With Market

Very weak diversification

The correlation between Jfrog and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jfrog 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 Jfrog. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

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

Moving together with Jfrog Stock

0.69	AI	C3 Ai Inc Trending	Pair Corr
0.84	BL	Blackline	Pair Corr
0.7	DT	Dynatrace Holdings LLC	Pair Corr
0.64	QH	Quhuo	Pair Corr
0.71	WK	Workiva	Pair Corr
0.68	ZM	Zoom Video Communications Earnings Call This Week	Pair Corr
0.84	DOCU	DocuSign	Pair Corr
0.77	VERX	Vertex	Pair Corr
0.82	DSGX	Descartes Systems	Pair Corr
0.81	DUOL	Duolingo	Pair Corr
0.79	DUOT	Duos Technologies Downward Rally	Pair Corr
0.73	EGHT	8x8 Common Stock	Pair Corr
0.64	ENFN	Enfusion	Pair Corr

Moving against Jfrog Stock

0.59	VERB	VERB TECHNOLOGY PANY Trending	Pair Corr
0.56	DMAN	Innovativ Media Group	Pair Corr
0.5	VTEX	VTEX	Pair Corr
0.46	VCSA	Vacasa Inc	Pair Corr
0.78	EVOL	Evolving Systems	Pair Corr
0.77	ETWO	E2open Parent Holdings	Pair Corr
0.65	ELCO	Elcom International	Pair Corr
0.62	SBIGW	SpringBig Holdings	Pair Corr
0.6	BMR	Beamr Imaging	Pair Corr
0.52	WALDW	Waldencast Acquisition	Pair Corr
0.5	XELAP	Exela Technologies Earnings Call This Week	Pair Corr
0.49	EZFL	EzFill Holdings	Pair Corr
0.46	WRNT	Warrantee American	Pair Corr
0.45	EGAN	eGain	Pair Corr
0.37	WBTN	WEBTOON Entertainment	Pair Corr

Related Correlations Analysis

	ALKT	PYCR	ENFN
ALKT		0.68	0.52	ALKT
PYCR	0.68		0.54	PYCR
ENFN	0.52	0.54		ENFN
	ALKT	PYCR	ENFN

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Risk-Adjusted Indicators

There is a big difference between Jfrog Stock performing well and Jfrog 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 Jfrog'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
ALKT	1.89	0.12	0.10	0.16	2.07	(2.16)	5.15	(4.11)	11.93
PYCR	1.48	0.16	0.10	0.22	1.46	(1.56)	3.05	(2.96)	9.64
ENFN	1.58	0.34	0.13	(1.47)	1.47	(1.95)	3.93	(2.77)	10.11

Jfrog Corporate Management

Micheline Nijmeh	Chief Officer	Profile
Keren Massad	Chief Officer	Profile
Eduard Grabscheid	Chief Officer	Profile
Orit Goren	Chief Officer	Profile
Shanti Ariker	Chief Officer	Profile
Tali Notman	Chief Officer	Profile

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