Marin Software Correlations

MRIN Stock  USD 1.98  0.02  1.02%   
The current 90-days correlation between Marin Software and Alkami Technology is 0.25 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marin Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marin Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Marin Software Correlation With Market

Weak diversification

The correlation between Marin Software and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marin Software and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marin Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Marin Stock, please use our How to Invest in Marin Software guide.

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Related Correlations Analysis

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Risk-Adjusted Indicators

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

Marin Software Corporate Management

Marie BoiventSenior RevenueProfile
Robert CPAChief OfficerProfile
Robert BertzChief OfficerProfile
Wesley MacLagganChief OfficerProfile
Douglas PanSenior EngineeringProfile