MoneyLion Correlations

ML Stock

USD 87.18 6.94 8.65%

The current 90-days correlation between MoneyLion and Porch Group is 0.32 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MoneyLion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MoneyLion moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

MoneyLion Correlation With Market

Very weak diversification

The correlation between MoneyLion and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MoneyLion 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 MoneyLion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

For more information on how to buy MoneyLion Stock please use our How to buy in MoneyLion Stock guide.

Moving together with MoneyLion Stock

0.92	DJCO	Daily Journal Corp	Pair Corr
0.74	AI	C3 Ai Inc Trending	Pair Corr
0.7	BL	Blackline	Pair Corr
0.72	DV	DoubleVerify Holdings	Pair Corr
0.79	EB	Eventbrite Class A	Pair Corr
0.79	KC	Kingsoft Cloud Holdings Trending	Pair Corr
0.64	PD	Pagerduty Earnings Call This Week	Pair Corr
0.93	WK	Workiva	Pair Corr
0.89	ZM	Zoom Video Communications Earnings Call Tomorrow	Pair Corr
0.8	DOCU	DocuSign	Pair Corr
0.86	DOMO	Domo Inc Earnings Call This Week	Pair Corr
0.88	VERX	Vertex	Pair Corr
0.85	DSGX	Descartes Systems	Pair Corr
0.65	DTRK	DATATRAK International	Pair Corr
0.66	DUOT	Duos Technologies Downward Rally	Pair Corr
0.88	VMEO	Vimeo Inc	Pair Corr
0.9	EGHT	8x8 Common Stock	Pair Corr
0.65	ENFN	Enfusion	Pair Corr
0.68	WDAY	Workday Earnings Call This Week	Pair Corr

Moving against MoneyLion Stock

0.66	VTEX	VTEX	Pair Corr
0.47	VERB	VERB TECHNOLOGY PANY Trending	Pair Corr
0.31	DMAN	Innovativ Media Group	Pair Corr
0.76	XELAP	Exela Technologies Earnings Call This Week	Pair Corr
0.74	BMR	Beamr Imaging	Pair Corr
0.58	WRNT	Warrantee American	Pair Corr
0.57	ELCO	Elcom International	Pair Corr
0.53	SBIGW	SpringBig Holdings	Pair Corr
0.51	ETWO	E2open Parent Holdings	Pair Corr
0.51	EVOL	Evolving Systems	Pair Corr
0.42	BSY	Bentley Systems	Pair Corr
0.41	EZFL	EzFill Holdings	Pair Corr
0.35	WALDW	Waldencast Acquisition	Pair Corr

Related Correlations Analysis

	PRCH	NRDY	PET	MNTV	DAVEW	EXFY	GRND	ENFN	VTEX	ONTF
PRCH		0.13	-0.81	0.27	0.66	0.64	0.89	0.74	-0.6	0.57	PRCH
NRDY	0.13		-0.24	-0.17	0.39	0.37	0.07	0.15	0.0	0.14	NRDY
PET	-0.81	-0.24		-0.19	-0.79	-0.72	-0.76	-0.58	0.74	-0.39	PET
MNTV	0.27	-0.17	-0.19		0.29	-0.05	0.24	0.41	-0.42	-0.1	MNTV
DAVEW	0.66	0.39	-0.79	0.29		0.59	0.57	0.69	-0.47	0.33	DAVEW
EXFY	0.64	0.37	-0.72	-0.05	0.59		0.41	0.28	-0.52	0.34	EXFY
GRND	0.89	0.07	-0.76	0.24	0.57	0.41		0.7	-0.63	0.58	GRND
ENFN	0.74	0.15	-0.58	0.41	0.69	0.28	0.7		-0.32	0.4	ENFN
VTEX	-0.6	0.0	0.74	-0.42	-0.47	-0.52	-0.63	-0.32		-0.21	VTEX
ONTF	0.57	0.14	-0.39	-0.1	0.33	0.34	0.58	0.4	-0.21		ONTF
	PRCH	NRDY	PET	MNTV	DAVEW	EXFY	GRND	ENFN	VTEX	ONTF

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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

GRND	+ 0.89	PRCH
ENFN	+ 0.74	PRCH
VTEX	+ 0.74	PET
ENFN	+ 0.7	GRND
ENFN	+ 0.69	DAVEW
DAVEW	+ 0.66	PRCH

High negative correlations

PET	- 0.81	PRCH
DAVEW	- 0.79	PET
GRND	- 0.76	PET
EXFY	- 0.72	PET
VTEX	- 0.63	GRND
VTEX	- 0.6	PRCH

Risk-Adjusted Indicators

There is a big difference between MoneyLion Stock performing well and MoneyLion 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 MoneyLion'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
PRCH	7.34	1.62	0.31	0.43	5.82	(9.00)	12.61	(11.04)	84.56
NRDY	3.69	0.52	0.11	0.82	3.82	(4.54)	9.80	(6.74)	26.79
PET	4.68	(1.21)	0.00	(1.61)	0.00	0.00	8.75	(9.86)	84.40
MNTV	0.90	0.50	1.99	(10.83)	0.00	(1.77)	0.43	(0.21)	20.63
DAVEW	12.23	3.58	0.34	0.91	9.23	(16.90)	27.68	(17.20)	219.63
EXFY	3.78	0.51	0.20	0.36	2.87	(5.56)	11.36	(4.53)	27.58
GRND	1.63	0.20	0.10	0.33	1.71	(1.77)	3.66	(3.11)	13.34
ENFN	1.61	0.22	0.15	0.29	1.44	(1.99)	3.93	(2.77)	10.11
VTEX	1.56	(0.27)	0.00	(0.24)	0.00	0.00	3.00	(3.53)	11.44
ONTF	1.60	(0.15)	(0.03)	0.04	1.91	(1.77)	3.22	(2.86)	11.19

MoneyLion Corporate Management

Cynthia Kleinbaum	Chief Officer	Profile
Richard Correia	CFO Treasurer	Profile
John Kaplan	Chief Officer	Profile
Diwakar Choubey	CEO, CoFounder	Profile
Timmie Hong	Chief Officer	Profile
Mark Torossian	Chief Officer	Profile
Adam VanWagner	Chief Secretary	Profile

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