Digimarc Correlations

DMRC Stock

USD 9.33 0.73 8.49%

The current 90-days correlation between Digimarc and TTEC Holdings is 0.14 (i.e., Average diversification). The correlation of Digimarc 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.

Digimarc Correlation With Market

Very weak diversification

The correlation between Digimarc and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Digimarc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Digimarc Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Digimarc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For information on how to trade Digimarc Stock refer to our How to Trade Digimarc Stock guide.

Moving together with Digimarc Stock

0.74	TTD	Trade Desk Aggressive Push	Pair Corr
0.81	MSTR	MicroStrategy Incorporated	Pair Corr
0.74	NRDY	Nerdy Inc	Pair Corr

Moving against Digimarc Stock

0.74	PTAIY	Astra International Tbk	Pair Corr
0.71	ZD	Ziff Davis	Pair Corr
0.6	EC	Ecopetrol SA ADR	Pair Corr
0.59	LAW	CS Disco LLC	Pair Corr
0.57	PRCH	Porch Group	Pair Corr
0.56	TLK	Telkom Indonesia Tbk	Pair Corr
0.51	ZM	Zoom Video Communications	Pair Corr
0.37	MITK	Mitek Systems	Pair Corr
0.35	EGAN	eGain	Pair Corr
0.73	CHNXF	ChitogenX	Pair Corr
0.7	JNJ	Johnson Johnson	Pair Corr
0.7	HPQ	HP Inc	Pair Corr
0.61	GRYP	GRYP Old Symbol Change	Pair Corr
0.52	36966TGR7	GENERAL ELEC CAP	Pair Corr
0.52	BAC	Bank of America Aggressive Push	Pair Corr
0.52	MRK	Merck Company	Pair Corr
0.48	QVCGA	QVC Group Symbol Change	Pair Corr
0.47	CVX	Chevron Corp	Pair Corr
0.45	DD	Dupont De Nemours	Pair Corr
0.44	INTC	Intel Aggressive Push	Pair Corr
0.38	AA	Alcoa Corp Earnings Call Tomorrow	Pair Corr
0.35	SVM	Silvercorp Metals	Pair Corr

Related Correlations Analysis

	TTEC	DVLT	VLN	AISP	WALD	SVCO	TCX	UIS	MRT	DUOT
TTEC		-0.1	0.75	0.24	0.63	-0.36	0.62	0.69	0.67	0.22	TTEC
DVLT	-0.1		-0.32	0.61	0.3	0.65	-0.1	-0.44	-0.35	0.7	DVLT
VLN	0.75	-0.32		0.11	0.49	-0.7	0.65	0.78	0.74	-0.04	VLN
AISP	0.24	0.61	0.11		0.67	0.32	0.32	0.17	0.03	0.72	AISP
WALD	0.63	0.3	0.49	0.67		0.04	0.64	0.55	0.32	0.66	WALD
SVCO	-0.36	0.65	-0.7	0.32	0.04		-0.45	-0.45	-0.59	0.58	SVCO
TCX	0.62	-0.1	0.65	0.32	0.64	-0.45		0.57	0.61	0.16	TCX
UIS	0.69	-0.44	0.78	0.17	0.55	-0.45	0.57		0.64	0.06	UIS
MRT	0.67	-0.35	0.74	0.03	0.32	-0.59	0.61	0.64		-0.07	MRT
DUOT	0.22	0.7	-0.04	0.72	0.66	0.58	0.16	0.06	-0.07		DUOT
	TTEC	DVLT	VLN	AISP	WALD	SVCO	TCX	UIS	MRT	DUOT

Please upgrade your account to get full access to Macroaxis premium features

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

UIS	+ 0.78	VLN
VLN	+ 0.75	TTEC
MRT	+ 0.74	VLN
DUOT	+ 0.72	AISP
DUOT	+ 0.7	DVLT
UIS	+ 0.69	TTEC

High negative correlations

SVCO	- 0.7	VLN
MRT	- 0.59	SVCO
UIS	- 0.45	SVCO
TCX	- 0.45	SVCO
UIS	- 0.44	DVLT
SVCO	- 0.36	TTEC

Risk-Adjusted Indicators

There is a big difference between Digimarc Stock performing well and Digimarc 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 Digimarc'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
TTEC	3.26	(0.53)	0.00	(0.09)	0.00	0.00	5.73	(4.91)	43.68
DVLT	11.63	2.99	0.32	1.33	8.27	(17.87)	35.20	(15.15)	97.15
VLN	3.02	(0.73)	0.00	(0.26)	0.00	0.00	6.23	(8.82)	20.41
AISP	3.98	(0.20)	0.00	(0.02)	0.00	0.00	8.46	(8.04)	30.28
WALD	3.77	(0.44)	0.00	(0.05)	0.00	0.00	7.58	(7.46)	21.56
SVCO	3.61	0.42	0.13	0.20	4.10	(4.04)	7.90	(6.17)	31.73
TCX	2.01	(0.40)	0.00	(0.09)	0.00	0.00	4.21	(4.18)	17.77
UIS	2.04	(0.39)	0.00	(0.07)	0.00	0.00	4.45	(4.05)	15.13
MRT	2.27	(0.34)	0.00	(1.75)	0.00	0.00	2.92	(4.67)	21.55
DUOT	3.06	(0.07)	0.02	0.05	3.73	(3.32)	6.12	(5.28)	22.94

Digimarc Corporate Management

Niall Murphy	Exec Officer	Profile
Ken Sickles	Executive Officer	Profile
Jill SPHR	Executive Officer	Profile
Carle Quinn	Executive Officer	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