Genius Sports Correlations
| GENI Stock | USD 11.37 0.50 4.60% |
The current 90-days correlation between Genius Sports and Alphabet Inc Class C is 0.16 (i.e., Average diversification). The correlation of Genius Sports 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.
Genius Sports Correlation With Market
Weak diversification
The correlation between Genius Sports and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Genius Sports and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Genius Stock
Moving against Genius Stock
| 0.65 | FVRR | Fiverr International | PairCorr |
| 0.49 | TC | TuanChe ADR | PairCorr |
| 0.31 | TEM | Tempus AI, Class | PairCorr |
| 0.31 | YELP | Yelp Inc | PairCorr |
| 0.54 | TBLAW | Taboola Warrant | PairCorr |
| 0.5 | ANGI | ANGI Homeservices | PairCorr |
| 0.5 | ASST | Asset Entities Class | PairCorr |
| 0.47 | NRDS | Nerdwallet | PairCorr |
| 0.42 | MATH | Metalpha Technology | PairCorr |
| 0.34 | KRKR | 36Kr Holdings | PairCorr |
| 0.33 | BZFDW | BuzzFeed | PairCorr |
Related Correlations Analysis
| 0.81 | 0.62 | 0.06 | 0.85 | 0.44 | GOOG | ||
| 0.81 | 0.54 | 0.07 | 0.94 | 0.58 | TWLO | ||
| 0.62 | 0.54 | 0.48 | 0.53 | 0.19 | SNAP | ||
| 0.06 | 0.07 | 0.48 | 0.07 | -0.08 | BIDU | ||
| 0.85 | 0.94 | 0.53 | 0.07 | 0.51 | META | ||
| 0.44 | 0.58 | 0.19 | -0.08 | 0.51 | TCEHY | ||
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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
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Risk-Adjusted Indicators
There is a big difference between Genius Stock performing well and Genius Sports 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 Genius Sports' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GOOG | 1.38 | 0.13 | 0.05 | 0.31 | 1.79 | 2.87 | 10.20 | |||
| TWLO | 1.88 | 0.50 | 0.23 | 0.56 | 1.86 | 4.70 | 13.08 | |||
| SNAP | 2.50 | 0.15 | 0.09 | 0.20 | 2.92 | 7.13 | 16.82 | |||
| BIDU | 1.51 | 0.00 | (0.03) | 0.13 | 2.20 | 3.32 | 16.13 | |||
| META | 1.51 | 0.26 | 0.21 | 0.32 | 1.10 | 3.99 | 10.48 | |||
| TCEHY | 1.02 | 0.15 | 0.06 | 0.63 | 0.87 | 2.81 | 6.84 |
Genius Sports Corporate Management
| Daniel Burns | Director | Profile | |
| Brandon Bukstel | Investor Manager | Profile | |
| Chris Dougan | Chief Officer | Profile | |
| Harry You | Independent Director | Profile |