I3 Verticals Correlations

IIIV Stock

USD 30.56 1.23 3.87%

The current 90-days correlation between i3 Verticals and EverCommerce is 0.26 (i.e., Modest diversification). The correlation of I3 Verticals 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.

I3 Verticals Correlation With Market

Very weak diversification

The correlation between i3 Verticals and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding i3 Verticals and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with IIIV Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in i3 Verticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy IIIV Stock please use our How to Invest in I3 Verticals guide.

Moving together with IIIV Stock

0.79	III	Information Services Earnings Call Today	Pair Corr
0.87	MMS	Maximus	Pair Corr
0.77	WNS	WNS Holdings	Pair Corr
0.83	IMXI	International Money	Pair Corr
0.62	603881	Shanghai AtHub	Pair Corr
0.71	PAGS	PagSeguro Digital	Pair Corr
0.63	CSGS	CSG Systems International	Pair Corr
0.61	NVDA	NVIDIA	Pair Corr

Moving against IIIV Stock

0.78	FOUR	Shift4 Payments	Pair Corr
0.68	CPU	Computershare	Pair Corr
0.49	EEFT	Euronet Worldwide Earnings Call This Week	Pair Corr
0.47	300010	Beijing Lanxum Tech	Pair Corr
0.45	G	Genpact Limited	Pair Corr
0.37	CCA	Change Financial	Pair Corr
0.75	SABR	Sabre Corpo	Pair Corr
0.67	EML	EML Payments	Pair Corr
0.54	TTEC	TTEC Holdings	Pair Corr
0.43	CNXC	Concentrix	Pair Corr
0.38	002312	Sichuan Development Lomon	Pair Corr
0.32	CASS	Cass Information Systems Earnings Call This Week	Pair Corr

Related Correlations Analysis

	EVCM	IMXI	EVTC	NTCT	LASR	CNXN	OSPN	RPAY
EVCM		0.4	-0.23	0.57	0.44	0.32	0.46	0.57	EVCM
IMXI	0.4		0.16	0.73	0.91	-0.12	0.19	0.6	IMXI
EVTC	-0.23	0.16		-0.42	0.01	0.13	-0.6	0.46	EVTC
NTCT	0.57	0.73	-0.42		0.83	-0.16	0.67	0.29	NTCT
LASR	0.44	0.91	0.01	0.83		-0.3	0.26	0.54	LASR
CNXN	0.32	-0.12	0.13	-0.16	-0.3		0.2	0.25	CNXN
OSPN	0.46	0.19	-0.6	0.67	0.26	0.2		-0.09	OSPN
RPAY	0.57	0.6	0.46	0.29	0.54	0.25	-0.09		RPAY
	EVCM	IMXI	EVTC	NTCT	LASR	CNXN	OSPN	RPAY

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

LASR	+ 0.91	IMXI
LASR	+ 0.83	NTCT
NTCT	+ 0.73	IMXI
OSPN	+ 0.67	NTCT
RPAY	+ 0.6	IMXI
NTCT	+ 0.57	EVCM

High negative correlations

OSPN	- 0.6	EVTC
NTCT	- 0.42	EVTC
CNXN	- 0.3	LASR
EVTC	- 0.23	EVCM
CNXN	- 0.16	NTCT
CNXN	- 0.12	IMXI

Risk-Adjusted Indicators

There is a big difference between IIIV Stock performing well and I3 Verticals 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 I3 Verticals' 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
EVCM	1.97	(0.02)	0.00	0.01	2.49	(1.93)	3.35	(3.41)	13.56
IMXI	2.25	0.74	0.39	(3.34)	1.14	(3.16)	2.73	(3.54)	61.84
EVTC	1.32	(0.21)	0.00	(0.15)	0.00	0.00	2.59	(2.93)	14.21
NTCT	1.28	0.17	0.12	0.11	1.32	(1.40)	3.24	(3.03)	7.12
LASR	2.80	0.67	0.25	0.33	2.48	(3.57)	4.66	(4.28)	32.77
CNXN	1.14	(0.22)	0.00	(0.12)	0.00	0.00	2.50	(2.19)	7.85
OSPN	1.77	(0.24)	0.00	(0.09)	0.00	0.00	2.85	(3.74)	10.69
RPAY	2.25	(0.13)	0.00	(0.04)	0.00	0.00	4.46	(5.14)	12.62

I3 Verticals Corporate Management

Eric Willis	Corporate Operations	Profile
Amber Murphy	Senior Resources	Profile
Steve Hunt	Vice Sales	Profile
Geoffrey Smith	Senior Finance	Profile
Hume Miller	Head Education	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