WM Technology Correlations

MAPS Stock

USD 1.31 0.02 1.55%

The current 90-days correlation between WM Technology and CS Disco LLC is -0.11 (i.e., Good diversification). The correlation of WM Technology 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.

WM Technology Correlation With Market

Significant diversification

The correlation between WM Technology and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WM Technology and DJI in the same portfolio, assuming nothing else is changed.

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

For more information on how to buy MAPS Stock please use our How to Invest in WM Technology guide.

Moving against MAPS Stock

0.39	PD	Pagerduty	Pair Corr
0.42	CYN	Cyngn Inc Upward Rally	Pair Corr
0.32	DBD	Diebold Nixdorf,	Pair Corr

Related Correlations Analysis

	LAW	AMPL	EXFY	VTEX	FRGE	SEMR	MODN	PAR	ONTF	KSPN
LAW		-0.13	0.26	0.34	0.75	-0.07	0.0	0.63	0.39	0.0	LAW
AMPL	-0.13		0.35	0.18	-0.09	0.61	0.0	-0.59	0.0	0.0	AMPL
EXFY	0.26	0.35		0.3	0.08	0.28	0.0	0.17	0.63	0.0	EXFY
VTEX	0.34	0.18	0.3		-0.07	0.63	0.0	0.27	0.75	0.0	VTEX
FRGE	0.75	-0.09	0.08	-0.07		-0.37	0.0	0.4	-0.05	0.0	FRGE
SEMR	-0.07	0.61	0.28	0.63	-0.37		0.0	-0.28	0.43	0.0	SEMR
MODN	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	MODN
PAR	0.63	-0.59	0.17	0.27	0.4	-0.28	0.0		0.47	0.0	PAR
ONTF	0.39	0.0	0.63	0.75	-0.05	0.43	0.0	0.47		0.0	ONTF
KSPN	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		KSPN
	LAW	AMPL	EXFY	VTEX	FRGE	SEMR	MODN	PAR	ONTF	KSPN

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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

FRGE	+ 0.75	LAW
ONTF	+ 0.75	VTEX
PAR	+ 0.63	LAW
ONTF	+ 0.63	EXFY
SEMR	+ 0.63	VTEX
SEMR	+ 0.61	AMPL

High negative correlations

PAR	- 0.59	AMPL
SEMR	- 0.37	FRGE
PAR	- 0.28	SEMR
AMPL	- 0.13	LAW
FRGE	- 0.09	AMPL
FRGE	- 0.07	VTEX

Risk-Adjusted Indicators

There is a big difference between MAPS Stock performing well and WM Technology 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 WM Technology'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
LAW	2.09	(0.18)	0.00	(0.63)	0.00	0.00	5.00	(3.89)	17.13
AMPL	2.56	0.36	0.11	0.43	3.09	(2.63)	5.69	(4.62)	28.92
EXFY	2.88	0.34	0.11	0.19	2.78	(3.59)	6.35	(5.21)	12.83
VTEX	2.15	(0.35)	0.00	(0.35)	0.00	0.00	2.91	(4.03)	29.57
FRGE	4.04	0.21	0.04	0.09	4.20	(5.30)	9.72	(8.26)	24.52
SEMR	2.48	(0.33)	0.00	(0.23)	0.00	0.00	5.29	(5.05)	31.93
MODN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PAR	1.74	(0.12)	0.00	(0.11)	0.00	0.00	4.08	(3.06)	10.98
ONTF	1.36	(0.18)	0.00	(0.15)	0.00	0.00	2.80	(4.14)	8.36
KSPN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

WM Technology Corporate Management

Randa CMD	Chief Officer	Profile
Duncan Grazier	Chief Officer	Profile
Steven Jung	Advisor	Profile
Arden Lee	Chief Officer	Profile
Justin Dean	CTO Officer	Profile
Mike Grishaver	Senior Product	Profile
Justin Hartfield	CoFounder Director	Profile

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