Trump Media Correlations
| DJTWW Stock | 11.05 0.69 5.88% |
The current 90-days correlation between Trump Media Technology and Amkor Technology is 0.4 (i.e., Very weak diversification). The correlation of Trump Media 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.
Trump Media Correlation With Market
Weak diversification
The correlation between Trump Media Technology and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trump Media Technology and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Trump Stock
| 0.69 | WBTN | WEBTOON Entertainment | PairCorr |
| 0.91 | DJT | Trump Media Technology | PairCorr |
| 0.64 | GENI | Genius Sports | PairCorr |
Moving against Trump Stock
| 0.41 | JFIN | Jiayin Group | PairCorr |
| 0.39 | MNYWW | MoneyHero Limited | PairCorr |
| 0.33 | KIND | Nextdoor Holdings | PairCorr |
| 0.32 | BZFDW | BuzzFeed | PairCorr |
| 0.31 | MOMO | Hello Group | 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 Trump Stock performing well and Trump Media 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 Trump Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | 2.57 | 0.08 | 0.03 | 0.06 | 4.02 | 4.22 | 31.52 | |||
| ARM | 2.94 | 0.38 | 0.09 | (1.89) | 3.57 | 6.51 | 30.38 | |||
| KDP | 0.88 | 0.00 | (0.01) | 0.02 | 1.24 | 2.19 | 7.30 | |||
| COCO | 2.20 | 0.07 | 0.01 | (0.33) | 3.34 | 3.66 | 17.01 | |||
| SNDL | 1.92 | (0.37) | 0.00 | (0.40) | 0.00 | 3.70 | 14.82 | |||
| STZ | 1.14 | (0.19) | 0.00 | 1.57 | 0.00 | 2.08 | 11.14 | |||
| MTSI | 2.32 | 0.36 | 0.10 | (1.48) | 2.95 | 5.55 | 28.49 |
Trump Media Corporate Management
| Scott Glabe | General Secretary | Profile | |
| Sandro Moraes | Chief Officer | Profile | |
| Vladimir Novachki | Chief Officer | Profile | |
| Andrew Northwall | Chief Officer | Profile | |
| Phillip Juhan | Chief Officer | Profile |