Grindr Correlations

Grindr Correlation With Market

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grindr Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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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    BMBL + 0.81 LAW SATX + 0.78 LAW SATX + 0.6 BMBL ATXG + 0.31 GETY GETY + 0.23 EXFY GETY + 0.09 BMBL

High negative correlations    EXFY - 0.6 BMBL EXFY - 0.58 LAW SATX - 0.53 EXFY HUDI - 0.41 SATX GETY - 0.34 HUDI HUDI - 0.24 BMBL

Risk-Adjusted Indicators

There is a big difference between Grindr Stock performing well and Grindr 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 Grindr'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.