OneSpan Correlations

OSPN Stock

USD 12.92 0.15 1.17%

The current 90-days correlation between OneSpan and CiT Inc is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OneSpan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OneSpan moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

OneSpan Correlation With Market

Modest diversification

The correlation between OneSpan and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding OneSpan and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with OneSpan Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OneSpan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

To learn how to invest in OneSpan Stock, please use our How to Invest in OneSpan guide.

Moving together with OneSpan Stock

0.64	S	SentinelOne	Pair Corr
0.85	AI	C3 Ai Inc	Pair Corr
0.61	BB	BlackBerry	Pair Corr
0.74	DTSS	Datasea	Pair Corr
0.92	VRNS	Varonis Systems	Pair Corr
0.79	ANY	Sphere 3D Corp	Pair Corr
0.76	NOW	ServiceNow	Pair Corr
0.84	PGY	Pagaya Technologies	Pair Corr
0.85	RPD	Rapid7 Inc	Pair Corr
0.74	TLS	Telos Corp	Pair Corr
0.67	GROV	Virgin Group Acquisition	Pair Corr
0.61	002439	Beijing Venustech	Pair Corr
0.86	INLX	Intellinetics	Pair Corr
0.68	INTZ	Intrusion	Pair Corr
0.71	IVDA	Iveda Solutions	Pair Corr
0.72	PRO	Prophecy International	Pair Corr
0.73	MSFT	Microsoft Sell-off Trend	Pair Corr
0.63	NBIS	Nebius Group NV Aggressive Push	Pair Corr

Moving against OneSpan Stock

0.77	600756	Inspur Software	Pair Corr
0.75	TDC	Teradata Corp	Pair Corr
0.74	300448	Guangzhou Haoyun Security	Pair Corr
0.68	FROG	Jfrog	Pair Corr
0.45	OS	OneStream, Class A	Pair Corr
0.42	300379	Beijing Tongtech	Pair Corr
0.41	300523	Beijing Global Safety	Pair Corr
0.76	APPN	Appian Corp	Pair Corr
0.65	300365	Beijing Forever Tech	Pair Corr
0.63	QLYS	Qualys Inc	Pair Corr
0.52	600271	Aisino Corp	Pair Corr
0.37	300369	Nsfocus Information	Pair Corr

Related Correlations Analysis

	CINT	PRTH	CCSI	CGNT	DJCO	DAVA	IMXI	BKKT	BMBL	BLZE
CINT		0.29	0.55	0.08	0.2	0.4	-0.46	-0.01	0.49	0.35	CINT
PRTH	0.29		0.82	-0.39	-0.26	0.78	-0.67	0.77	0.9	0.93	PRTH
CCSI	0.55	0.82		-0.25	-0.24	0.9	-0.74	0.66	0.94	0.91	CCSI
CGNT	0.08	-0.39	-0.25		0.69	-0.38	0.54	-0.57	-0.45	-0.44	CGNT
DJCO	0.2	-0.26	-0.24	0.69		-0.41	0.31	-0.5	-0.33	-0.41	DJCO
DAVA	0.4	0.78	0.9	-0.38	-0.41		-0.72	0.75	0.91	0.91	DAVA
IMXI	-0.46	-0.67	-0.74	0.54	0.31	-0.72		-0.72	-0.85	-0.75	IMXI
BKKT	-0.01	0.77	0.66	-0.57	-0.5	0.75	-0.72		0.78	0.8	BKKT
BMBL	0.49	0.9	0.94	-0.45	-0.33	0.91	-0.85	0.78		0.97	BMBL
BLZE	0.35	0.93	0.91	-0.44	-0.41	0.91	-0.75	0.8	0.97		BLZE
	CINT	PRTH	CCSI	CGNT	DJCO	DAVA	IMXI	BKKT	BMBL	BLZE

Please upgrade your account to get full access to Macroaxis premium features

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

BLZE	+ 0.97	BMBL
BMBL	+ 0.94	CCSI
BLZE	+ 0.93	PRTH
BLZE	+ 0.91	CCSI
BMBL	+ 0.91	DAVA
BLZE	+ 0.91	DAVA

High negative correlations

BMBL	- 0.85	IMXI
BLZE	- 0.75	IMXI
IMXI	- 0.74	CCSI
BKKT	- 0.72	IMXI
IMXI	- 0.72	DAVA
IMXI	- 0.67	PRTH

Risk-Adjusted Indicators

There is a big difference between OneSpan Stock performing well and OneSpan 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 OneSpan'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
CINT	2.06	(0.41)	0.00	(0.21)	0.00	0.00	4.51	(4.74)	12.82
PRTH	2.81	(0.48)	0.00	(0.09)	0.00	0.00	5.23	(5.03)	35.34
CCSI	2.01	(0.46)	0.00	(0.17)	0.00	0.00	3.56	(4.56)	20.98
CGNT	1.53	0.10	0.04	0.18	2.04	(1.57)	2.58	(3.46)	13.33
DJCO	2.55	0.14	0.03	0.31	3.94	(2.53)	4.63	(6.37)	21.24
DAVA	2.67	(0.54)	0.00	(0.29)	0.00	0.00	4.82	(5.86)	34.91
IMXI	0.44	0.10	0.06	0.55	0.34	(0.56)	1.15	(0.99)	6.96
BKKT	7.61	(0.82)	0.00	(0.08)	0.00	0.00	20.46	(13.07)	62.06
BMBL	2.57	(1.05)	0.00	(0.39)	0.00	0.00	3.38	(5.00)	29.73
BLZE	3.13	(1.19)	0.00	(0.41)	0.00	0.00	5.56	(6.41)	42.90

OneSpan Corporate Management

Tom Aurelio	Chief Officer	Profile
Michael Lillie	Chief Officer	Profile
Lara Mataac	General Officer	Profile
Samy Ibrahim	Senior Solutions	Profile
Jorge Martell	Chief Officer	Profile
Sarah Hanel	Senior Communications	Profile
Sameer Hajarnis	Senior Agreements	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC