NCino Correlations

Stocks . USA . 
Stock . nCino Inc
NCNO Stock  USD 41.42  0.97  2.40%   
The current 90-days correlation between nCino Inc and Alkami Technology is 0.39 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NCino moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if nCino Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

NCino Correlation With Market

Very weak diversification

The correlation between nCino Inc 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 nCino Inc 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 nCino Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with NCino Stock

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Moving against NCino Stock

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  0.6XELAP Exela Technologies Earnings Call This WeekPairCorr
  0.48WRNT Warrantee AmericanPairCorr
  0.47SBIGW SpringBig HoldingsPairCorr
  0.32WALD Waldencast AcquisitionPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between NCino Stock performing well and NCino 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 NCino'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.

NCino Corporate Management

David RudowCFO TreasurerProfile
Anthony MorrisSenior AdvisoryProfile
Jeanette SellersVice AccountingProfile
Paul ClarksonExecutive RevenueProfile
Ben MillerExecutive MortgageProfile
Matthew HansenChief OfficerProfile
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