Outbrain Correlations

OBDelisted Stock  USD 2.74  0.11  3.86%   
The correlation of Outbrain 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.

Outbrain Correlation With Market

Pay attention - limited upside

The correlation between Outbrain and DJI is -0.78 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Outbrain and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Outbrain Stock

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  0.7PNGM Er TherapeuticsPairCorr
  0.79MSFT MicrosoftPairCorr
  0.75HPQ HP IncPairCorr

Moving against Outbrain Stock

  0.89CAT CaterpillarPairCorr
  0.87JNJ Johnson JohnsonPairCorr
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  0.83INTC Intel Aggressive PushPairCorr
  0.79AA Alcoa CorpPairCorr
  0.78MRK Merck Company Aggressive PushPairCorr
  0.66BIMT Bitmis CorpPairCorr
  0.58KO Coca Cola Aggressive PushPairCorr
  0.46CSCO Cisco Systems Earnings Call This WeekPairCorr
  0.41VZ Verizon Communications Aggressive PushPairCorr
  0.31PG Procter GamblePairCorr

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

LKCOMATH
ADTHLIVX
VATELIVX
HRYULIVX
BODILIVX
EGLXLIVX
  

High negative correlations

MATHBODI
MATHVATE
LKCOVATE
LKCOBODI
BODIVATE
LKCOTRMR

Risk-Adjusted Indicators

There is a big difference between Outbrain Stock performing well and Outbrain 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 Outbrain'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
LIVX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
ADTH  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
VATE  2.97  0.06  0.01  0.21  3.54 
 6.67 
 28.37 
HRYU  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
BODI  4.93  1.44  0.28  29.93  4.09 
 16.28 
 31.37 
EGLX  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
FAZE  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
TRMR  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
MATH  3.91 (0.99) 0.00  19.77  0.00 
 7.94 
 27.24 
LKCO  5.64 (0.25) 0.00  0.14  0.00 
 14.07 
 40.30 

Delisting Warning - OB

Outbrain was delisted

The entity Outbrain with a symbol OB was delisted from New York Stock Exchange. Please try Teads BV with a symbol TEAD from now on. Check all delisted instruments accross multiple markets.

Outbrain Corporate Management

FranoisXavier PrautManaging FranceProfile
Jason CPAChief OfficerProfile
Paul KnegtenChief OfficerProfile
Yonatan MamanChief OfficerProfile
Wenkai BradshawPrincipal OfficerProfile
Daphna MichaeliChief OfficerProfile

Still Interested in Outbrain?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.