OLB Correlations
| OLB Stock | USD 0.83 0.01 1.19% |
The current 90-days correlation between OLB Group and Bridge Saas is -0.02 (i.e., Good diversification). The correlation of OLB 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.
OLB Correlation With Market
Excellent diversification
The correlation between OLB Group and DJI is -0.61 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OLB Group and DJI in the same portfolio, assuming nothing else is changed.
Moving together with OLB Stock
Moving against OLB Stock
| 0.72 | RNI | OXFORD METRICS LS | PairCorr |
| 0.72 | TRB | Tribal Group plc | PairCorr |
| 0.46 | XV7 | SERESCO 16 | PairCorr |
| 0.46 | LUS1 | Lang Schwarz Aktieng | PairCorr |
| 0.4 | ZM | Zoom Video Communications Earnings Call This Week | PairCorr |
| 0.34 | 60Z | UNIFIEDPOST GRP SANV Earnings Call This Week | PairCorr |
| 0.33 | JG | Aurora Mobile | PairCorr |
| 0.56 | MKT | DeepMarkit Corp | PairCorr |
| 0.39 | 89P | CLAVISTER HOLDING | PairCorr |
| 0.39 | NOW | NowVertical Group Earnings Call Tomorrow | PairCorr |
| 0.38 | MKQ | Mitek Systems | 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 OLB Stock performing well and OLB 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 OLB'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| U | 3.59 | (1.04) | 0.00 | (0.37) | 0.00 | 7.12 | 35.96 | |||
| BGE | 3.81 | 0.48 | 0.02 | (0.48) | 5.94 | 12.50 | 65.15 | |||
| XV7 | 1.71 | (0.03) | 0.00 | (0.60) | 0.00 | 3.23 | 16.01 | |||
| 9NY | 5.38 | 0.07 | 0.00 | 0.01 | 0.00 | 13.99 | 28.64 | |||
| BL | 2.01 | (0.72) | 0.00 | (0.34) | 0.00 | 3.01 | 13.17 | |||
| DT | 1.61 | (0.46) | 0.00 | (0.57) | 0.00 | 2.62 | 13.36 | |||
| DV | 1.44 | (0.14) | 0.00 | (0.30) | 0.00 | 2.79 | 11.25 | |||
| JG | 2.72 | 0.34 | 0.08 | 4.13 | 3.02 | 5.92 | 18.85 | |||
| 35U | 3.13 | (1.03) | 0.00 | (0.43) | 0.00 | 6.21 | 20.29 |
OLB Corporate Executives
Elected by the shareholders, the OLB's board of directors comprises two types of representatives: OLB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OLB. The board's role is to monitor OLB's management team and ensure that shareholders' interests are well served. OLB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OLB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rachel CPA | CFO Officer | Profile |