Correlation Between Trust Stamp and Kubient

Can any of the company-specific risk be diversified away by investing in both Trust Stamp and Kubient at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Trust Stamp and Kubient into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Trust Stamp and Kubient, you can compare the effects of market volatilities on Trust Stamp and Kubient and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Trust Stamp with a short position of Kubient. Check out your portfolio center. Please also check ongoing floating volatility patterns of Trust Stamp and Kubient.

Diversification Opportunities for Trust Stamp and Kubient

0.5

Correlation Coefficient

Trust Stamp  Kubient

Very weak diversification

The 3 months correlation between Trust and Kubient is 0.5. Overlapping area represents the amount of risk that can be diversified away by holding Trust Stamp and Kubient in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Kubient and Trust Stamp is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Trust Stamp are associated (or correlated) with Kubient. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Kubient has no effect on the direction of Trust Stamp i.e., Trust Stamp and Kubient go up and down completely randomly.

Pair Corralation between Trust Stamp and Kubient

Given the investment horizon of 90 days Trust Stamp is expected to generate 0.5 times more return on investment than Kubient. However, Trust Stamp is 2.01 times less risky than Kubient. It trades about 0.02 of its potential returns per unit of risk. Kubient is currently generating about -0.16 per unit of risk. If you would invest  405.00  in Trust Stamp on October 6, 2025 and sell it today you would lose (1.00) from holding Trust Stamp or give up 0.25% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Weak
Accuracy	100.0%
Values	Daily Returns

Trust Stamp  vs.  Kubient

Trust Stamp

Risk-Adjusted Performance

Fair

Compared to the overall equity markets, risk-adjusted returns on investments in Trust Stamp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite fairly inconsistent basic indicators, Trust Stamp demonstrated solid returns over the last few months and may actually be approaching a breakup point.

Kubient

Risk-Adjusted Performance

Mild

Compared to the overall equity markets, risk-adjusted returns on investments in Kubient are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Kubient unveiled solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with Trust Stamp and Kubient

The main advantage of trading using opposite Trust Stamp and Kubient positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Trust Stamp position performs unexpectedly, Kubient can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Kubient will offset losses from the drop in Kubient's long position.

The idea behind Trust Stamp and Kubient pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.