Siebert Financial Correlations

SIEB Stock

USD 2.87 0.06 2.05%

The current 90-days correlation between Siebert Financial Corp and Scully Royalty is 0.05 (i.e., Significant diversification). The correlation of Siebert Financial 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.

Siebert Financial Correlation With Market

Average diversification

The correlation between Siebert Financial Corp and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Siebert Financial Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Siebert Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Siebert Stock

0.67	V	Visa Class A	Pair Corr
0.79	DIST	Distoken Acquisition	Pair Corr
0.88	MA	Mastercard	Pair Corr
0.72	MC	Moelis	Pair Corr
0.85	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.9	SF	Stifel Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.8	TW	Tradeweb Markets	Pair Corr
0.72	GCMGW	GCM Grosvenor	Pair Corr
0.78	DYCQ	DT Cloud Acquisition	Pair Corr
0.67	EMCG	Embrace Change Acqui	Pair Corr
0.65	WAVS	Western Acquisition	Pair Corr
0.79	ESHA	ESH Acquisition Corp	Pair Corr
0.86	EVGR	Evergreen Corp	Pair Corr
0.62	DISTR	Distoken Acquisition	Pair Corr
0.75	ANSCW	Agriculture Natural	Pair Corr

Moving against Siebert Stock

0.81	BRACU	Broad Capital Acquisition	Pair Corr
0.66	WU	Western Union Sell-off Trend	Pair Corr
0.62	RC	Ready Capital Corp	Pair Corr
0.47	PT	Pintec Technology	Pair Corr
0.34	EMCGR	Embrace Change Acqui	Pair Corr
0.75	BRKHU	BurTech Acquisition Corp	Pair Corr
0.59	PFTAU	Portage Fintech Acqu	Pair Corr
0.38	DISTW	Distoken Acquisition	Pair Corr
0.34	BRKHW	BurTech Acquisition Corp	Pair Corr
0.33	EMCGU	Embrace Change Acqui	Pair Corr
0.32	PFTAW	Portage Fintech Acqu	Pair Corr

Related Correlations Analysis

	PJT	SRL	PIPR	EVR	MC	HLI	SF	OPY	PWP	SF-PC
PJT		-0.26	0.97	0.97	0.91	0.98	0.97	0.69	0.95	-0.55	PJT
SRL	-0.26		-0.37	-0.33	-0.32	-0.33	-0.28	-0.48	-0.35	0.15	SRL
PIPR	0.97	-0.37		0.98	0.95	0.97	0.95	0.77	0.98	-0.55	PIPR
EVR	0.97	-0.33	0.98		0.94	0.98	0.96	0.79	0.98	-0.6	EVR
MC	0.91	-0.32	0.95	0.94		0.9	0.86	0.71	0.91	-0.42	MC
HLI	0.98	-0.33	0.97	0.98	0.9		0.98	0.79	0.98	-0.65	HLI
SF	0.97	-0.28	0.95	0.96	0.86	0.98		0.81	0.95	-0.66	SF
OPY	0.69	-0.48	0.77	0.79	0.71	0.79	0.81		0.79	-0.69	OPY
PWP	0.95	-0.35	0.98	0.98	0.91	0.98	0.95	0.79		-0.64	PWP
SF-PC	-0.55	0.15	-0.55	-0.6	-0.42	-0.65	-0.66	-0.69	-0.64		SF-PC
	PJT	SRL	PIPR	EVR	MC	HLI	SF	OPY	PWP	SF-PC

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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

HLI	+ 0.98	PJT
EVR	+ 0.98	PIPR
PWP	+ 0.98	PIPR
HLI	+ 0.98	EVR
PWP	+ 0.98	EVR
SF	+ 0.98	HLI

High negative correlations

SF-PC	- 0.69	OPY
SF-PC	- 0.66	SF
SF-PC	- 0.65	HLI
SF-PC	- 0.64	PWP
SF-PC	- 0.6	EVR
SF-PC	- 0.55	PIPR

Risk-Adjusted Indicators

There is a big difference between Siebert Stock performing well and Siebert Financial 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 Siebert Financial'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
PJT	1.50	0.16	0.28	0.19	0.90	(2.04)	3.55	(2.04)	18.44
SRL	1.78	(0.15)	0.00	(0.26)	0.00	0.00	3.76	(4.18)	15.25
PIPR	1.50	0.05	0.19	0.14	1.17	(1.84)	3.07	(2.70)	22.79
EVR	1.60	0.03	0.13	0.14	1.61	(1.83)	3.06	(2.73)	19.28
MC	1.70	(0.12)	0.08	0.09	1.45	(2.26)	3.42	(3.04)	22.37
HLI	1.24	0.11	0.14	0.19	1.04	(1.34)	2.31	(2.04)	12.41
SF	1.22	0.19	0.30	0.22	0.66	(1.54)	3.01	(1.97)	16.31
OPY	1.27	0.14	0.10	0.27	0.94	(1.50)	2.58	(2.06)	13.50
PWP	1.96	0.04	0.15	0.14	1.72	(2.31)	3.77	(3.16)	22.05
SF-PC	0.60	(0.01)	(0.15)	0.05	0.74	(0.63)	1.71	(1.34)	3.98

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