Viant Technology Correlations

DSP Stock

USD 8.50 0.32 3.63%

The current 90-days correlation between Viant Technology and Nerdy Inc is 0.21 (i.e., Modest diversification). The correlation of Viant Technology 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.

Viant Technology Correlation With Market

Weak diversification

The correlation between Viant Technology and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Viant Technology and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Viant Stock

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

To learn how to invest in Viant Stock, please use our How to Invest in Viant Technology guide.

Moving together with Viant Stock

0.66

DoubleVerify Holdings Earnings Call This Week

Pair Corr

Moving against Viant Stock

0.56	WK	Workiva	Pair Corr
0.5	DSG	Dillistone Group	Pair Corr
0.38	ZM	Zoom Video Communications	Pair Corr
0.62	VERI	Veritone Earnings Call This Week	Pair Corr
0.36	TRB	Tribal Group plc	Pair Corr
0.64	VMEO	Vimeo Inc	Pair Corr
0.64	EGAN	eGain Tech Boost	Pair Corr
0.61	ARC	Arcontech Group Plc	Pair Corr
0.55	DUOT	Duos Technologies	Pair Corr
0.46	VRAR	Glimpse Group	Pair Corr
0.33	AUTO	Carbeeza	Pair Corr

Related Correlations Analysis

	NRDY	XTKG	TEAD	SSTI	MAPS	RSSS	ONMD	HPAI	EXFY	LAWR
NRDY		0.65	0.68	0.79	0.37	-0.07	-0.74	0.66	0.61	-0.7	NRDY
XTKG	0.65		0.43	0.54	0.14	-0.44	-0.79	0.56	0.47	-0.71	XTKG
TEAD	0.68	0.43		0.44	0.01	-0.31	-0.6	0.29	0.39	-0.68	TEAD
SSTI	0.79	0.54	0.44		0.58	0.01	-0.52	0.82	0.42	-0.65	SSTI
MAPS	0.37	0.14	0.01	0.58		0.37	-0.25	0.64	0.41	-0.2	MAPS
RSSS	-0.07	-0.44	-0.31	0.01	0.37		0.29	0.05	0.14	0.55	RSSS
ONMD	-0.74	-0.79	-0.6	-0.52	-0.25	0.29		-0.55	-0.65	0.76	ONMD
HPAI	0.66	0.56	0.29	0.82	0.64	0.05	-0.55		0.51	-0.6	HPAI
EXFY	0.61	0.47	0.39	0.42	0.41	0.14	-0.65	0.51		-0.42	EXFY
LAWR	-0.7	-0.71	-0.68	-0.65	-0.2	0.55	0.76	-0.6	-0.42		LAWR
	NRDY	XTKG	TEAD	SSTI	MAPS	RSSS	ONMD	HPAI	EXFY	LAWR

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

HPAI	+ 0.82	SSTI
SSTI	+ 0.79	NRDY
LAWR	+ 0.76	ONMD
TEAD	+ 0.68	NRDY
HPAI	+ 0.66	NRDY
XTKG	+ 0.65	NRDY

High negative correlations

ONMD	- 0.79	XTKG
ONMD	- 0.74	NRDY
LAWR	- 0.71	XTKG
LAWR	- 0.7	NRDY
LAWR	- 0.68	TEAD
EXFY	- 0.65	ONMD

Risk-Adjusted Indicators

There is a big difference between Viant Stock performing well and Viant Technology 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 Viant Technology'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
NRDY	2.24	(0.65)	0.00	(0.47)	0.00	0.00	5.88	(4.51)	21.81
XTKG	5.48	(0.15)	(0.01)	0.00	8.08	(5.58)	11.51	(13.70)	43.90
TEAD	3.53	(1.24)	0.00	(0.20)	0.00	0.00	9.72	(7.36)	24.81
SSTI	2.37	(0.53)	0.00	(0.15)	0.00	0.00	3.94	(6.61)	23.22
MAPS	3.96	0.32	0.04	(0.70)	4.16	(4.91)	10.19	(8.06)	39.80
RSSS	2.24	0.32	0.09	1.06	2.44	(2.72)	5.71	(3.79)	13.09
ONMD	10.82	4.07	0.42	(1.43)	6.94	(14.52)	23.25	(11.54)	165.05
HPAI	1.91	(0.49)	0.00	0.81	0.00	0.00	3.00	(5.67)	13.88
EXFY	2.16	(0.52)	0.00	(0.17)	0.00	0.00	4.26	(5.03)	13.83
LAWR	6.16	2.16	0.23	(0.79)	6.13	(9.38)	10.29	(6.08)	105.44

Viant Technology Corporate Management

Tim Vanderhook	Chairman CoFounder	Profile
Brad Samson	Vice Relations	Profile
Dustin Kwan	Chief Officer	Profile
Nicholas CFA	Vice Relations	Profile
Linh Chung	Chief Officer	Profile
Chris Vanderhook	COO CoFounder	Profile
Russell Vanderhook	CoFounder VP	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