ODDITY Tech Correlations

ODD Stock

38.97 0.99 2.48%

The current 90-days correlation between ODDITY Tech and CSG Systems International is 0.08 (i.e., Significant diversification). The correlation of ODDITY Tech 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.

ODDITY Tech Correlation With Market

Weak diversification

The correlation between ODDITY Tech Ltd and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ODDITY Tech Ltd and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with ODDITY Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODDITY Tech Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in services.

Moving together with ODDITY Stock

0.8	HNST	Honest Company Buyout Trend	Pair Corr
0.86	603983	Guangdong Marubi Bio	Pair Corr

Moving against ODDITY Stock

0.86	002919	Mingchen Health	Pair Corr
0.83	BKRKF	PT Bank Rakyat	Pair Corr
0.78	PTAIY	Astra International Tbk	Pair Corr
0.6	EL	Estee Lauder Companies Sell-off Trend	Pair Corr
0.56	FET	Forum Energy Technologies Earnings Call This Week	Pair Corr
0.54	CVI	CVR Energy	Pair Corr
0.54	CGUD	Com GuardCom	Pair Corr
0.87	SSLLF	Siltronic AG	Pair Corr
0.79	NEE	Nextera Energy Aggressive Push	Pair Corr
0.79	LSRCY	Lasertec	Pair Corr
0.77	XYL	Xylem Inc	Pair Corr
0.75	PATH	Uipath Inc	Pair Corr
0.74	INVX	Innovex International,	Pair Corr
0.67	GEBHF	Genting Berhad	Pair Corr
0.52	UEC	Uranium Energy Corp Sell-off Trend	Pair Corr
0.47	BK	Bank of New York	Pair Corr
0.46	BHR-PD	Braemar Hotels Resorts	Pair Corr
0.44	BLNK	Blink Charging	Pair Corr
0.36	DRDGF	Drdgold	Pair Corr
0.34	PLG	Platinum Group Metals	Pair Corr

Related Correlations Analysis

	CSGS	ALRM	PAYO	GEN	NTCT	TDC	NATL	SPNS	PAGS	EEFT
CSGS		-0.65	-0.68	-0.68	0.69	0.52	-0.57	0.19	0.32	-0.89	CSGS
ALRM	-0.65		0.93	0.9	-0.7	-0.39	0.61	-0.08	-0.22	0.85	ALRM
PAYO	-0.68	0.93		0.89	-0.78	-0.48	0.57	-0.27	-0.17	0.86	PAYO
GEN	-0.68	0.9	0.89		-0.84	-0.39	0.43	-0.24	-0.31	0.89	GEN
NTCT	0.69	-0.7	-0.78	-0.84		0.52	-0.18	0.55	0.55	-0.82	NTCT
TDC	0.52	-0.39	-0.48	-0.39	0.52		-0.23	0.19	0.32	-0.52	TDC
NATL	-0.57	0.61	0.57	0.43	-0.18	-0.23		0.34	0.21	0.57	NATL
SPNS	0.19	-0.08	-0.27	-0.24	0.55	0.19	0.34		0.38	-0.21	SPNS
PAGS	0.32	-0.22	-0.17	-0.31	0.55	0.32	0.21	0.38		-0.35	PAGS
EEFT	-0.89	0.85	0.86	0.89	-0.82	-0.52	0.57	-0.21	-0.35		EEFT
	CSGS	ALRM	PAYO	GEN	NTCT	TDC	NATL	SPNS	PAGS	EEFT

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

PAYO	+ 0.93	ALRM
GEN	+ 0.9	ALRM
GEN	+ 0.89	PAYO
EEFT	+ 0.89	GEN
EEFT	+ 0.86	PAYO
EEFT	+ 0.85	ALRM

High negative correlations

EEFT	- 0.89	CSGS
NTCT	- 0.84	GEN
EEFT	- 0.82	NTCT
NTCT	- 0.78	PAYO
NTCT	- 0.7	ALRM
GEN	- 0.68	CSGS

Risk-Adjusted Indicators

There is a big difference between ODDITY Stock performing well and ODDITY Tech 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 ODDITY Tech'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
CSGS	1.17	0.25	0.19	0.33	0.88	(1.28)	2.44	(1.66)	14.90
ALRM	1.39	(0.29)	0.00	(0.07)	0.00	0.00	3.00	(3.08)	10.03
PAYO	1.66	(0.56)	0.00	(0.20)	0.00	0.00	2.63	(4.08)	10.94
GEN	1.03	(0.24)	0.00	(0.11)	0.00	0.00	1.44	(2.03)	10.93
NTCT	1.38	0.34	0.22	0.36	1.13	(1.53)	3.39	(2.78)	8.55
TDC	2.17	0.30	0.20	0.22	1.76	(2.77)	3.79	(3.02)	29.53
NATL	1.30	(0.26)	0.00	(0.03)	0.00	0.00	2.43	(3.23)	13.29
SPNS	1.60	0.70	6.57	0.52	0.00	(1.68)	0.28	(0.16)	44.48
PAGS	2.21	0.06	0.05	0.12	2.32	(2.59)	4.23	(3.14)	15.33
EEFT	1.17	(0.48)	0.00	(0.25)	0.00	0.00	2.47	(2.43)	11.50

ODDITY Tech Corporate Management

Yehoshua Gurtler	General Counsel	Profile
Lindsay Mann	Global Officer	Profile
Niv Price	Chief Officer	Profile
Dmitri Kaplun	Chief Makiage	Profile
Gil Efrati	Chief SpoiledChild	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