MIND CTI Correlations

MNDO Stock

USD 1.42 0.05 3.65%

The current 90-days correlation between MIND CTI and Unity Software is 0.37 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

MIND CTI Correlation With Market

Weak diversification

The correlation between MIND CTI and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MIND CTI and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with MIND Stock

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

To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

Moving together with MIND Stock

0.79	QH	Quhuo	Pair Corr
0.87	VMEO	Vimeo Inc	Pair Corr
0.77	WETO	Webus International	Pair Corr
0.66	WALDW	Waldencast Acquisition	Pair Corr
0.76	EXFY	Expensify	Pair Corr

Moving against MIND Stock

0.88	BL	Blackline	Pair Corr
0.87	DT	Dynatrace Holdings LLC	Pair Corr
0.85	EB	Eventbrite Class A	Pair Corr
0.78	DOMO	Domo Inc	Pair Corr
0.77	DV	DoubleVerify Holdings	Pair Corr
0.77	VERB	Verb Technology	Pair Corr
0.73	AI	C3 Ai Inc	Pair Corr
0.71	DJCO	Daily Journal Corp	Pair Corr
0.69	U	Unity Software	Pair Corr
0.65	DUOL	Duolingo	Pair Corr
0.62	ZM	Zoom Video Communications	Pair Corr
0.51	VS	Versus Systems	Pair Corr
0.43	DMRC	Digimarc	Pair Corr
0.93	BSY	Bentley Systems	Pair Corr
0.9	ETWO	E2open Parent Holdings Earnings Call This Week	Pair Corr
0.89	VTEX	VTEX	Pair Corr
0.84	EGAN	eGain	Pair Corr
0.8	BMR	Beamr Imaging	Pair Corr
0.76	APP	Applovin Corp	Pair Corr
0.75	DUOT	Duos Technologies	Pair Corr
0.54	API	Agora Inc	Pair Corr
0.45	WDAY	Workday	Pair Corr
0.43	CRM	Salesforce	Pair Corr

Related Correlations Analysis

	U	DJCO	AI	BL	DT	DV	EB	KC	PD	QH
U		0.71	0.91	0.84	0.86	0.82	0.81	-0.33	-0.22	-0.62	U
DJCO	0.71		0.79	0.88	0.85	0.74	0.73	-0.19	0.13	-0.66	DJCO
AI	0.91	0.79		0.91	0.89	0.84	0.81	-0.17	-0.03	-0.7	AI
BL	0.84	0.88	0.91		0.97	0.9	0.86	-0.15	-0.03	-0.81	BL
DT	0.86	0.85	0.89	0.97		0.88	0.82	-0.14	-0.07	-0.81	DT
DV	0.82	0.74	0.84	0.9	0.88		0.83	-0.02	0.01	-0.67	DV
EB	0.81	0.73	0.81	0.86	0.82	0.83		-0.29	-0.21	-0.62	EB
KC	-0.33	-0.19	-0.17	-0.15	-0.14	-0.02	-0.29		0.51	0.04	KC
PD	-0.22	0.13	-0.03	-0.03	-0.07	0.01	-0.21	0.51		0.2	PD
QH	-0.62	-0.66	-0.7	-0.81	-0.81	-0.67	-0.62	0.04	0.2		QH
	U	DJCO	AI	BL	DT	DV	EB	KC	PD	QH

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

DT	+ 0.97	BL
AI	+ 0.91	U
BL	+ 0.91	AI
DV	+ 0.9	BL
DT	+ 0.89	AI
BL	+ 0.88	DJCO

High negative correlations

QH	- 0.81	DT
QH	- 0.81	BL
QH	- 0.7	AI
QH	- 0.67	DV
QH	- 0.66	DJCO
QH	- 0.62	EB

Risk-Adjusted Indicators

There is a big difference between MIND Stock performing well and MIND CTI 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 MIND CTI'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
U	3.30	0.34	0.10	0.28	3.79	(3.54)	7.62	(5.56)	25.73
DJCO	1.87	0.07	0.03	0.18	2.24	(1.93)	4.21	(4.19)	16.65
AI	3.08	0.21	0.09	0.23	2.90	(4.31)	5.29	(5.53)	26.86
BL	1.60	0.17	0.09	0.25	1.78	(1.84)	3.63	(2.88)	12.20
DT	1.49	0.18	0.08	0.26	1.89	(1.61)	3.74	(2.23)	13.07
DV	1.99	0.12	0.05	0.21	2.42	(2.07)	4.36	(4.51)	18.32
EB	2.43	0.32	0.12	0.43	2.32	(3.02)	6.22	(4.38)	15.74
KC	4.17	(0.32)	0.00	(0.07)	0.00	0.00	9.42	(7.91)	29.98
PD	2.36	(0.32)	0.00	(0.09)	0.00	0.00	4.34	(7.21)	24.94
QH	2.59	(0.06)	0.00	0.38	0.00	0.00	5.56	(5.56)	15.76

MIND CTI Corporate Management

Gilad Parness	Vice Sales	Profile
Victor Balteanu	Vice Engineering	Profile
Ran Mendelaw	Chief Officer	Profile
Arie Abramovich	Chief Officer	Profile
Ariel Glassner	Chief 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