Flywire Corp Correlations
| FLYW Stock | USD 10.79 0.18 1.64% |
The current 90-days correlation between Flywire Corp and Nayax is 0.1 (i.e., Average diversification). The correlation of Flywire Corp 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.
Flywire Corp Correlation With Market
Very good diversification
The correlation between Flywire Corp and DJI is -0.34 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Flywire Corp and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Flywire Stock
| 0.62 | V | Visa Class A | PairCorr |
| 0.8 | EVTC | Evertec | PairCorr |
| 0.79 | FISV | Fiserv Common Stock Symbol Change | PairCorr |
| 0.69 | DLO | Dlocal | PairCorr |
| 0.95 | FIS | Fidelity National | PairCorr |
| 0.81 | GPN | Global Payments Earnings Call Today | PairCorr |
| 0.64 | JKHY | Jack Henry Associates | PairCorr |
| 0.88 | PYPL | PayPal Holdings | PairCorr |
| 0.94 | TOST | Toast Inc | PairCorr |
Moving against Flywire Stock
| 0.64 | STNE | StoneCo | PairCorr |
| 0.33 | PAYO | Payoneer Global | PairCorr |
| 0.32 | WU | Western Union Earnings Call This Week | PairCorr |
| 0.86 | MXCHY | Orbia Advance Corp | PairCorr |
| 0.81 | TLOFF | Talon Metals Corp | PairCorr |
| 0.76 | NNBR | NN Inc | PairCorr |
| 0.73 | 482480AN0 | KLAC 525 15 | PairCorr |
| 0.67 | PLSE | Pulse Biosciences | PairCorr |
| 0.62 | NTZ | Natuzzi SpA | PairCorr |
| 0.5 | TOPCF | Topcon | PairCorr |
| 0.49 | YLLXF | Yellow Cake plc | PairCorr |
| 0.42 | SYTA | Siyata Mobile Symbol Change | PairCorr |
Related Correlations Analysis
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 Flywire Stock performing well and Flywire Corp 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 Flywire Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NYAX | 1.95 | 0.56 | 0.25 | 1.11 | 1.77 | 4.16 | 13.73 | |||
| VYX | 1.99 | (0.34) | 0.00 | (0.14) | 0.00 | 3.04 | 14.15 | |||
| NABL | 1.87 | (0.68) | 0.00 | (0.51) | 0.00 | 2.39 | 11.95 | |||
| ASGN | 1.89 | (0.15) | 0.00 | (0.07) | 0.00 | 4.91 | 21.29 | |||
| PRCH | 2.72 | (0.30) | 0.00 | (0.11) | 0.00 | 4.27 | 16.76 | |||
| HIMX | 2.04 | (0.07) | (0.02) | (0.01) | 2.54 | 4.22 | 16.27 | |||
| LASR | 3.07 | 0.56 | 0.14 | 0.32 | 3.95 | 6.51 | 18.85 | |||
| LSPD | 1.82 | (0.60) | 0.00 | (0.34) | 0.00 | 2.54 | 15.21 | |||
| BHE | 1.43 | 0.34 | 0.18 | 0.30 | 1.47 | 3.97 | 7.60 | |||
| ADEA | 2.37 | 0.44 | 0.20 | 0.25 | 1.99 | 4.89 | 36.55 |
Flywire Corp Corporate Management
| Gary Cunningham | Chief Officer | Profile | |
| Mohit Kansal | Senior Services | Profile | |
| Colin Smyth | Senior Travel | Profile | |
| Akil Hollis | Vice Relations | Profile | |
| Peter JD | General Officer | Profile | |
| Ryan Frere | Executive B2B | Profile | |
| Eric Spear | Senior Engineering | Profile |