Fiverr International Correlations
| FVRR Stock | USD 20.80 0.03 0.14% |
The correlation of Fiverr International 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fiverr International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fiverr International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Weak diversification
The correlation between Fiverr International and NYA is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fiverr International and NYA in the same portfolio, assuming nothing else is changed.
Fiverr |
The ability to find closely correlated positions to Fiverr International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fiverr International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fiverr International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fiverr International to buy it.
Moving together with Fiverr Stock
| 0.91 | IH | IhumanInc | PairCorr |
| 0.63 | DXYN | Dixie Group | PairCorr |
| 0.65 | MCD | McDonalds Sell-off Trend | PairCorr |
| 0.68 | UFI | Unifi Inc Earnings Call This Week | PairCorr |
Moving against Fiverr Stock
| 0.87 | WING | Wingstop | PairCorr |
| 0.8 | DPZ | Dominos Pizza | PairCorr |
| 0.76 | ARHS | Arhaus Inc | PairCorr |
| 0.73 | EM | Smart Share Global | PairCorr |
| 0.72 | DIBS | 1StdibsCom Earnings Call This Week | PairCorr |
| 0.54 | EAT | Brinker International Fiscal Year End 21st of August 2024 | PairCorr |
| 0.54 | LIVE | Live Ventures Earnings Call This Week | PairCorr |
| 0.48 | F | Ford Motor Financial Report 7th of May 2024 | PairCorr |
| 0.43 | FND | Floor Decor Holdings | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Fiverr Stock performing well and Fiverr International 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 Fiverr International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SNAP | 3.17 | 0.14 | 0.02 | 0.18 | 6.39 | 6.18 | 42.05 | |||
| TWLO | 1.71 | (0.28) | 0.00 | (0.24) | 0.00 | 3.35 | 19.67 | |||
| SPOT | 1.88 | 0.42 | 0.20 | 0.36 | 1.85 | 3.88 | 18.69 | |||
| BIDU | 1.79 | 0.04 | 0.02 | 0.07 | 2.42 | 3.81 | 11.87 | |||
| PINS | 1.80 | 0.09 | 0.03 | 0.18 | 2.18 | 3.48 | 15.23 | |||
| GOOGL | 1.47 | 0.12 | 0.05 | 0.18 | 2.17 | 2.37 | 13.60 | |||
| META | 1.91 | 0.13 | 0.06 | 0.15 | 2.35 | 3.27 | 30.88 | |||
| YELP | 1.32 | (0.23) | 0.00 | (0.13) | 0.00 | 2.23 | 16.62 | |||
| TCEHY | 1.47 | 0.42 | 0.29 | 0.48 | 0.94 | 3.97 | 6.86 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fiverr International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fiverr International Corporate Management
Elected by the shareholders, the Fiverr International's board of directors comprises two types of representatives: Fiverr International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fiverr. The board's role is to monitor Fiverr International's management team and ensure that shareholders' interests are well served. Fiverr International's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fiverr International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Philippe Botteri | Director | Profile | |
| Maya Tracey | Investor Manager | Profile | |
| Jonathan Kolber | Director | Profile | |
| Nir Zohar | Independent Director | Profile | |
| Ron Gutler | Independent Director | Profile |
Already Invested in Fiverr International?
The danger of trading Fiverr International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fiverr International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fiverr International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fiverr International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fiverr International is a strong investment it is important to analyze Fiverr International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fiverr International's future performance. For an informed investment choice regarding Fiverr Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fiverr International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Fiverr Stock, please use our How to Invest in Fiverr International guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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When running Fiverr International's price analysis, check to measure Fiverr International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fiverr International is operating at the current time. Most of Fiverr International's value examination focuses on studying past and present price action to predict the probability of Fiverr International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fiverr International's price. Additionally, you may evaluate how the addition of Fiverr International to your portfolios can decrease your overall portfolio volatility.
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Is Fiverr International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fiverr International. If investors know Fiverr will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fiverr International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.09 | Revenue Per Share 9.493 | Quarterly Revenue Growth 0.101 | Return On Assets (0.01) | Return On Equity 0.0118 |
The market value of Fiverr International is measured differently than its book value, which is the value of Fiverr that is recorded on the company's balance sheet. Investors also form their own opinion of Fiverr International's value that differs from its market value or its book value, called intrinsic value, which is Fiverr International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fiverr International's market value can be influenced by many factors that don't directly affect Fiverr International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fiverr International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fiverr International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fiverr International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.