Glimpse Correlations

VRAR Stock  USD 1.05  0.00  0.00%   
The current 90-days correlation between Glimpse Group and authID Inc is -0.09 (i.e., Good diversification). The correlation of Glimpse 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.

Glimpse Correlation With Market

Significant diversification

The correlation between Glimpse Group and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Glimpse Group 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 Glimpse Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with Glimpse Stock

  0.79DT Dynatrace Holdings LLCPairCorr
  0.67JG Aurora MobilePairCorr
  0.75PD PagerdutyPairCorr
  0.63QH QuhuoPairCorr
  0.92VS Versus SystemsPairCorr
  0.83DSG Dillistone Group PLCPairCorr
  0.72688078 Beijing LongRuan TecPairCorr
  0.71DMRC DigimarcPairCorr
  0.8DOMO Domo IncPairCorr
  0.67002410 Glodon SoftwarePairCorr
  0.69VERI VeritonePairCorr
  0.71VERX VertexPairCorr
  0.89ARC Arcontech Group PlcPairCorr

Moving against Glimpse Stock

  0.77BGE Bridge SaasPairCorr
  0.75U Unity SoftwarePairCorr
  0.73NN Nextnav Acquisition CorpPairCorr
  0.41BL BlacklinePairCorr
  0.39MQ MarqetaPairCorr
  0.39ZM Zoom Video CommunicationsPairCorr
  0.72DTST Data Storage CorpPairCorr
  0.41RM RM PlcPairCorr
  0.37TRB Tribal Group plcPairCorr
  0.33300036 Beijing SuperMap SoftwarePairCorr
  0.84MKT DeepMarkit CorpPairCorr
  0.65ELWS Earlyworks Symbol ChangePairCorr
  0.37301169 Beijing Dataway HorizonPairCorr
  0.35AUTO CarbeezaPairCorr

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

CISOAUID
INTZCISO
MOGOCISO
MOGOAUID
CYNINTZ
INTZAUID
  

High negative correlations

FCUVBLBX
BLBXCSAI
BLBXMOGO

Risk-Adjusted Indicators

There is a big difference between Glimpse Stock performing well and Glimpse 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 Glimpse'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
AUID  6.68 (0.68) 0.00 (0.07) 0.00 
 12.80 
 84.42 
CISO  4.54 (1.51) 0.00 (0.60) 0.00 
 7.76 
 30.92 
INTZ  4.01 (0.69) 0.00 (0.31) 0.00 
 7.61 
 23.35 
CSAI  5.38 (0.70) 0.00 (0.17) 0.00 
 13.58 
 44.86 
GIFT  2.47 (0.05)(0.01) 0.01  3.32 
 4.67 
 19.06 
MOGO  2.51 (0.87) 0.00 (1.54) 0.00 
 4.50 
 14.17 
BLBX  5.59 (0.10)(0.01) 0.01  7.54 
 14.27 
 37.55 
PXLW  3.02 (0.21) 0.00 (0.05) 0.00 
 7.55 
 19.29 
CYN  4.81 (1.46) 0.00 (0.30) 0.00 
 8.79 
 30.60 
FCUV  5.96 (2.43) 0.00 (1.02) 0.00 
 8.21 
 48.92 

Glimpse Corporate Management

Tyler GatesChief ObserverProfile
Lyron BentovimPres ChairmanProfile
Joseph CeccarelliFinancial ControllerProfile
Maydan RothblumCFO, CoFounderProfile
Jeffrey MeisnerChief DirectorProfile
James WatsonChief OfficerProfile