Hub Cyber Correlations
| HUBCZ Stock | 0.01 0.01 48.00% |
The current 90-days correlation between Hub Cyber Security and Black Hills is 0.22 (i.e., Modest diversification). The correlation of Hub Cyber 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.
Hub Cyber Correlation With Market
Significant diversification
The correlation between Hub Cyber Security and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Hub Cyber Security and DJI in the same portfolio, assuming nothing else is changed.
Hub |
Moving together with Hub Stock
Moving against Hub Stock
| 0.51 | VERI | Veritone | PairCorr |
| 0.49 | VHAI | VHAI | PairCorr |
| 0.49 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.47 | VRNS | Varonis Systems | PairCorr |
| 0.47 | DOX | Amdocs | PairCorr |
| 0.38 | MQ | Marqeta | PairCorr |
| 0.38 | DOCN | DigitalOcean Holdings Sell-off Trend | PairCorr |
| 0.35 | VRSN | VeriSign | PairCorr |
| 0.54 | VHC | VirnetX Holding Corp | PairCorr |
| 0.53 | OLB | OLB Group Tech Boost | PairCorr |
| 0.5 | SOS | SOS Limited | PairCorr |
| 0.39 | HCP | Hashicorp | PairCorr |
| 0.37 | WEX | Wex Inc | PairCorr |
| 0.33 | TLS | Telos Corp | PairCorr |
| 0.31 | TCX | Tucows Inc | PairCorr |
Related Correlations Analysis
| 0.77 | 0.28 | 0.52 | -0.43 | 0.5 | BKH | ||
| 0.77 | 0.57 | 0.64 | -0.45 | 0.43 | PCG | ||
| 0.28 | 0.57 | 0.81 | -0.09 | 0.24 | PLAY | ||
| 0.52 | 0.64 | 0.81 | -0.23 | 0.22 | WMG | ||
| -0.43 | -0.45 | -0.09 | -0.23 | -0.29 | SPHR | ||
| 0.5 | 0.43 | 0.24 | 0.22 | -0.29 | XPOF | ||
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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 Hub Stock performing well and Hub Cyber 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 Hub Cyber'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BKH | 0.88 | 0.09 | 0.07 | 0.25 | 0.62 | 2.11 | 4.11 | |||
| PCG | 0.81 | 0.17 | 0.07 | 0.66 | 0.88 | 2.45 | 6.12 | |||
| PLAY | 2.50 | (0.15) | (0.01) | 0.05 | 2.79 | 5.35 | 14.95 | |||
| WMG | 0.89 | 0.13 | 0.02 | 0.66 | 1.66 | 2.15 | 11.14 | |||
| SPHR | 2.14 | (0.41) | 0.00 | (0.19) | 0.00 | 5.06 | 14.27 | |||
| XPOF | 2.92 | 0.06 | 0.02 | 0.17 | 3.25 | 5.96 | 35.52 |
Hub Cyber Corporate Management
| Osher Rheinisch | Compliance Legal | Profile | |
| Nir BarEli | Chief Global | Profile | |
| Ronit Hann | Company Secretary | Profile | |
| Kobi Levi | Chief Office | Profile | |
| Nachman Geva | Chief Officer | Profile |