SRAX Correlations
| SRAXDelisted Stock | USD 0.60 1.03 63.19% |
The correlation of SRAX 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. If the correlation is 0, the equities are not correlated; they are entirely random.
SRAX Correlation With Market
Good diversification
The correlation between SRAX Inc and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SRAX Inc and DJI in the same portfolio, assuming nothing else is changed.
SRAX |
Moving together with SRAX Stock
| 0.61 | WIMI | WiMi Hologram Cloud | PairCorr |
| 0.69 | CTV | Innovid Corp | PairCorr |
| 0.84 | ICLK | iClick Interactive Asia | PairCorr |
| 0.72 | INUV | Inuvo Inc | PairCorr |
| 0.7 | LDWY | Lendway | PairCorr |
| 0.62 | NEXN | Nexxen International | PairCorr |
Moving against SRAX Stock
| 0.87 | OMC | Omnicom Group Earnings Call This Week | PairCorr |
| 0.71 | CCO | Clear Channel Outdoor | PairCorr |
| 0.65 | IAS | Integral Ad Science | PairCorr |
| 0.61 | HAO | Haoxi Health Technology | PairCorr |
| 0.59 | FLNT | Fluent Inc | PairCorr |
| 0.55 | BOC | Boston Omaha Corp | PairCorr |
| 0.48 | ADV | Advantage Solutions | PairCorr |
| 0.46 | DLPN | Dolphin Entertainment | PairCorr |
| 0.45 | TSQ | Townsquare Media | PairCorr |
| 0.32 | VSME | VS Media Holdings | PairCorr |
| 0.31 | IPG | Interpublic Group Earnings Call This Week | PairCorr |
| 0.84 | ADVWW | Advantage Solutions | PairCorr |
| 0.8 | SWAG | Software Acquisition | PairCorr |
| 0.7 | MGOL | MGO Global Common | PairCorr |
| 0.69 | TZUP | Thumzup Media | PairCorr |
| 0.63 | ABLVW | Able View Global | PairCorr |
| 0.59 | QMMM | QMMM Holdings Limited | PairCorr |
| 0.55 | ANTE | Airnet Technology | PairCorr |
| 0.53 | TNMG | TNL Mediagene Ordinary | PairCorr |
| 0.5 | GSMGW | Glory Star New | PairCorr |
| 0.48 | ABTS | Abits Group | PairCorr |
| 0.42 | STGW | Stagwell | PairCorr |
| 0.41 | CMPR | Cimpress NV Downward Rally | PairCorr |
| 0.39 | CDLX | Cardlytics | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between SRAX Stock performing well and SRAX 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 SRAX'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MMDDF | 2.09 | (0.78) | 0.00 | 0.31 | 0.00 | 0.00 | 49.21 | |||
| CYGIY | 0.95 | 0.17 | 0.01 | (0.23) | 1.62 | 0.88 | 21.98 | |||
| CYPXF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| INEOF | 4.47 | 0.42 | 0.02 | 0.26 | 7.68 | 29.78 | 67.79 | |||
| KDOZF | 22.07 | 7.27 | 0.10 | (1.34) | 18.82 | 80.00 | 306.06 | |||
| CMGO | 6.23 | 0.95 | 0.05 | (2.01) | 6.93 | 26.67 | 59.03 | |||
| BYOC | 30.56 | 8.50 | 0.16 | (4.20) | 22.38 | 100.00 | 150.00 | |||
| KLTI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MMND | 9.57 | 1.19 | 0.04 | 6.24 | 11.20 | 33.33 | 124.44 | |||
| QNST | 2.31 | 0.40 | 0.15 | 0.53 | 2.45 | 7.18 | 17.37 |
View SRAX Related Equities
| Risk & Return | Correlation |
SRAX Corporate Management
| Michael Malone | Chief Officer | Profile | |
| Rick McCrady | VP Sales | Profile | |
| Aam Johnson | VP Sales | Profile | |
| Randy Clark | Chief Officer | Profile | |
| Moises Avitia | CoFounder Pres | Profile |
Still Interested in SRAX Inc?
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.