Boston Omaha Correlations

BOC Stock

USD 13.55 0.20 1.45%

The current 90-days correlation between Boston Omaha Corp and CuriosityStream is 0.01 (i.e., Significant diversification). The correlation of Boston Omaha 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.

Boston Omaha Correlation With Market

Modest diversification

The correlation between Boston Omaha Corp and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Boston Omaha Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Boston Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boston Omaha 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 persons.

Moving together with Boston Stock

0.61	DRCT	Direct Digital Holdings	Pair Corr
0.78	WIMI	WiMi Hologram Cloud	Pair Corr
0.62	FLNT	Fluent Inc	Pair Corr
0.66	PSO	Pearson PLC ADR	Pair Corr
0.88	KUKE	Kuke Music Holding	Pair Corr
0.72	NCTY	The9 Ltd ADR	Pair Corr
0.63	ABLV	Able View Global	Pair Corr
0.76	STGW	Stagwell	Pair Corr

Moving against Boston Stock

0.8	MCHX	Marchex	Pair Corr
0.73	TV	Grupo Televisa SAB Earnings Call This Week	Pair Corr
0.7	DIS	Walt Disney	Pair Corr
0.7	EVC	Entravision Communications	Pair Corr
0.69	MGNI	Magnite	Pair Corr
0.67	NXST	Nexstar Broadcasting	Pair Corr
0.62	MSGE	Madison Square Garden	Pair Corr
0.61	IMAX	Imax Corp Earnings Call This Week	Pair Corr
0.6	QMMM	QMMM Holdings Limited Buyout Trend	Pair Corr
0.58	VSME	VS Media Holdings	Pair Corr
0.57	MDIA	Mediaco Holding	Pair Corr
0.56	IAS	Integral Ad Science	Pair Corr
0.55	SE	Sea	Pair Corr
0.55	TSQ	Townsquare Media	Pair Corr
0.53	DLPN	Dolphin Entertainment	Pair Corr
0.48	ABTS	Abits Group	Pair Corr
0.48	SCHL	Scholastic Earnings Call This Week	Pair Corr
0.33	RSVR	Reservoir Media	Pair Corr
0.75	TU	Telus Corp	Pair Corr
0.73	SPHR	Sphere Entertainment	Pair Corr
0.73	WB	Weibo Corp	Pair Corr
0.72	VENU	Venu Holding	Pair Corr
0.71	BAOS	Baosheng Media Group	Pair Corr
0.68	TC	TuanChe ADR	Pair Corr
0.65	BZ	Kanzhun Ltd ADR	Pair Corr
0.64	TOON	Kartoon Studios,	Pair Corr

Related Correlations Analysis

	CURIW	IQ	SE	TC	TV	DLPN	DRCT	ANGHW
CURIW		-0.32	0.76	0.68	0.21	0.02	-0.53	-0.13	CURIW
IQ	-0.32		-0.13	-0.24	-0.23	0.08	0.52	-0.08	IQ
SE	0.76	-0.13		0.81	0.51	0.34	-0.44	-0.3	SE
TC	0.68	-0.24	0.81		0.69	0.48	-0.61	-0.45	TC
TV	0.21	-0.23	0.51	0.69		0.61	-0.38	-0.47	TV
DLPN	0.02	0.08	0.34	0.48	0.61		0.03	-0.45	DLPN
DRCT	-0.53	0.52	-0.44	-0.61	-0.38	0.03		0.1	DRCT
ANGHW	-0.13	-0.08	-0.3	-0.45	-0.47	-0.45	0.1		ANGHW
	CURIW	IQ	SE	TC	TV	DLPN	DRCT	ANGHW

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

TC	+ 0.81	SE
SE	+ 0.76	CURIW
TV	+ 0.69	TC
TC	+ 0.68	CURIW
DLPN	+ 0.61	TV
DRCT	+ 0.52	IQ

High negative correlations

DRCT	- 0.61	TC
DRCT	- 0.53	CURIW
ANGHW	- 0.47	TV
ANGHW	- 0.45	DLPN
ANGHW	- 0.45	TC
DRCT	- 0.44	SE

Risk-Adjusted Indicators

There is a big difference between Boston Stock performing well and Boston Omaha 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 Boston Omaha'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
CURIW	22.04	7.54	0.42	(1.44)	13.14	(36.60)	25.63	(27.28)	495.07
IQ	2.13	0.09	0.06	0.19	2.42	(2.57)	5.06	(4.14)	15.94
SE	1.76	0.51	0.18	1.62	1.79	(1.90)	3.58	(3.67)	14.10
TC	3.42	0.35	0.07	0.53	3.76	(4.36)	7.59	(5.88)	28.10
TV	2.04	0.49	0.12	(0.82)	2.15	(2.41)	4.91	(3.85)	13.15
DLPN	2.34	0.26	0.05	6.44	2.54	(3.04)	5.94	(4.48)	15.24
DRCT	4.59	0.33	0.02	(0.37)	5.62	(5.66)	10.71	(9.23)	48.73
ANGHW	8.49	0.99	0.04	(0.32)	11.86	(10.72)	21.54	(20.93)	77.67

Boston Omaha Corporate Management

Brendan Keating	Director	Profile
Frank Kenan	Independent Director	Profile
William LaFoy	LLC Holdings	Profile
Steven McGhie	Inc Fast	Profile
Vishnu Srinivasan	Independent Director	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