WM Technology Correlations

MAPSW Stock

USD 0.01 0.01 130.00%

The current 90-days correlation between WM Technology and Waldencast Acquisition Corp is -0.12 (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

Good diversification

The correlation between WM Technology and DJI is -0.03 (i.e., Good 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.

Build AI portfolio with MAPSW Stock

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 real.

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

Moving together with MAPSW Stock

0.61	300383	Beijing Sinnet Technology	Pair Corr
0.64	VNET	VNET Group DRC Sell-off Trend	Pair Corr
0.79	VRRM	Verra Mobility Corp	Pair Corr
0.8	NXT	NEXTDC	Pair Corr
0.76	WIX	WixCom	Pair Corr
0.63	FCT	Firstwave Cloud Tech	Pair Corr
0.73	900901	Inesa Intelligent Tech	Pair Corr
0.73	MP1	Megaport	Pair Corr
0.76	300017	Wangsu Science Tech	Pair Corr
0.64	SYS	SysGroup PLC	Pair Corr
0.61	PAYS	Paysign	Pair Corr
0.82	PSFE	Paysafe	Pair Corr
0.79	DXN	DXN	Pair Corr
0.74	300541	Beijing Advanced Digital	Pair Corr
0.8	AMOD	Alpha Modus Holdings,	Pair Corr
0.81	CRWV	CoreWeave, Class A Tech Boost	Pair Corr
0.68	CSAI	Cloudastructure, Class	Pair Corr

Moving against MAPSW Stock

0.78	TCX	Tucows Inc	Pair Corr
0.77	FSLY	Fastly, Class A	Pair Corr
0.71	DOCN	DigitalOcean Holdings Tech Boost	Pair Corr
0.58	MDB	MongoDB	Pair Corr
0.57	GDYN	Grid Dynamics Holdings	Pair Corr
0.57	DTSTW	Data Storage	Pair Corr
0.81	AKAM	Akamai Technologies	Pair Corr
0.76	PPERY	Bank Mandiri Persero	Pair Corr
0.67	TWLO	Twilio Inc	Pair Corr
0.63	PTAIY	Astra International Tbk	Pair Corr
0.61	PPERF	Bank Mandiri Persero	Pair Corr
0.42	MBFJF	Mitsubishi UFJ Financial Normal Trading	Pair Corr
0.39	PBCRY	Bank Central Asia	Pair Corr
0.35	CXDO	Crexendo	Pair Corr

Related Correlations Analysis

	FRGT	TAOP	TRUG	AUUD	TGL	WLDS	WALD	AMOD	OLB	YAAS
FRGT		0.83	0.93	0.87	0.81	0.84	-0.27	0.88	0.9	0.61	FRGT
TAOP	0.83		0.81	0.86	0.81	0.85	-0.14	0.7	0.83	0.65	TAOP
TRUG	0.93	0.81		0.86	0.81	0.85	-0.42	0.93	0.83	0.68	TRUG
AUUD	0.87	0.86	0.86		0.78	0.94	-0.32	0.75	0.84	0.78	AUUD
TGL	0.81	0.81	0.81	0.78		0.79	-0.23	0.78	0.7	0.6	TGL
WLDS	0.84	0.85	0.85	0.94	0.79		-0.19	0.73	0.76	0.83	WLDS
WALD	-0.27	-0.14	-0.42	-0.32	-0.23	-0.19		-0.43	-0.22	-0.18	WALD
AMOD	0.88	0.7	0.93	0.75	0.78	0.73	-0.43		0.72	0.54	AMOD
OLB	0.9	0.83	0.83	0.84	0.7	0.76	-0.22	0.72		0.55	OLB
YAAS	0.61	0.65	0.68	0.78	0.6	0.83	-0.18	0.54	0.55		YAAS
	FRGT	TAOP	TRUG	AUUD	TGL	WLDS	WALD	AMOD	OLB	YAAS

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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

WLDS	+ 0.94	AUUD
TRUG	+ 0.93	FRGT
AMOD	+ 0.93	TRUG
OLB	+ 0.9	FRGT
AMOD	+ 0.88	FRGT
AUUD	+ 0.87	FRGT

High negative correlations

AMOD	- 0.43	WALD
WALD	- 0.42	TRUG
WALD	- 0.32	AUUD
WALD	- 0.27	FRGT
WALD	- 0.23	TGL
OLB	- 0.22	WALD

Risk-Adjusted Indicators

There is a big difference between MAPSW 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
FRGT	4.89	(1.50)	0.00	(0.64)	0.00	0.00	6.70	(11.97)	55.36
TAOP	4.60	(0.77)	0.00	(0.60)	0.00	0.00	10.00	(8.04)	51.37
TRUG	5.63	(1.73)	0.00	(0.67)	0.00	0.00	10.91	(11.63)	51.36
AUUD	4.31	(1.22)	0.00	(0.55)	0.00	0.00	9.76	(13.08)	30.68
TGL	11.76	0.76	0.07	0.30	12.59	(15.30)	11.33	(22.25)	316.34
WLDS	5.52	(2.28)	0.00	(0.58)	0.00	0.00	10.47	(12.28)	53.88
WALD	3.51	(0.01)	0.00	0.08	0.00	0.00	7.58	(6.49)	33.33
AMOD	4.11	(1.28)	0.00	(0.61)	0.00	0.00	8.93	(8.06)	31.92
OLB	3.49	(0.72)	0.00	(0.28)	0.00	0.00	10.53	(6.35)	22.95
YAAS	6.22	(1.56)	0.00	(9.88)	0.00	0.00	12.58	(16.19)	75.04

WM Technology Corporate Management

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

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