NetPay International Correlations

NTPY Stock

USD 0.0003 0.00 0.00%

The current 90-days correlation between NetPay International and Vemanti Group is 0.1 (i.e., Average diversification). The correlation of NetPay International 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.

NetPay International Correlation With Market

Poor diversification

The correlation between NetPay International and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NetPay International and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to NetPay International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetPay International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetPay International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetPay International to buy it.

Moving together with NetPay Pink Sheet

0.62	SAR	Saratoga Investment Corp	Pair Corr
0.66	PNC	PNC Financial Services	Pair Corr
0.82	STMZF	Scottish Mortgage	Pair Corr

Moving against NetPay Pink Sheet

0.61	CRWD	Crowdstrike Holdings Earnings Call This Week	Pair Corr
0.56	ORCL	Oracle Earnings Call This Week	Pair Corr
0.51	HOOD	Robinhood Markets Aggressive Push	Pair Corr
0.42	JD	JD Inc Adr Earnings Call This Week	Pair Corr
0.39	MSFT	Microsoft Aggressive Push	Pair Corr
0.56	AFIIQ	Armstrong Flooring	Pair Corr
0.42	PCLI	Protocall Technologs	Pair Corr

Related Correlations Analysis

	SDCH	GBUX	YNVYF	MFON	MAPPF	NSCIF	ROWKF	WBSR	VMNT
SDCH		0.47	0.21	0.64	0.32	0.17	-0.72	-0.41	0.6	SDCH
GBUX	0.47		0.41	0.71	-0.05	0.25	-0.45	-0.6	0.62	GBUX
YNVYF	0.21	0.41		0.09	0.13	0.06	-0.05	-0.06	0.38	YNVYF
MFON	0.64	0.71	0.09		0.25	0.34	-0.83	-0.59	0.78	MFON
MAPPF	0.32	-0.05	0.13	0.25		0.22	-0.47	0.04	0.45	MAPPF
NSCIF	0.17	0.25	0.06	0.34	0.22		-0.26	0.23	0.32	NSCIF
ROWKF	-0.72	-0.45	-0.05	-0.83	-0.47	-0.26		0.43	-0.7	ROWKF
WBSR	-0.41	-0.6	-0.06	-0.59	0.04	0.23	0.43		-0.49	WBSR
VMNT	0.6	0.62	0.38	0.78	0.45	0.32	-0.7	-0.49		VMNT
	SDCH	GBUX	YNVYF	MFON	MAPPF	NSCIF	ROWKF	WBSR	VMNT

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

VMNT	+ 0.78	MFON
MFON	+ 0.71	GBUX
MFON	+ 0.64	SDCH
VMNT	+ 0.62	GBUX
VMNT	+ 0.6	SDCH
GBUX	+ 0.47	SDCH

High negative correlations

ROWKF	- 0.83	MFON
ROWKF	- 0.72	SDCH
VMNT	- 0.7	ROWKF
WBSR	- 0.6	GBUX
WBSR	- 0.59	MFON
VMNT	- 0.49	WBSR

Risk-Adjusted Indicators

There is a big difference between NetPay Pink Sheet performing well and NetPay International 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 NetPay International'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
SDCH	138.40	63.71	3.27	0.99	10.29	(169.69)	9.00	(10.84)	4,647
GBUX	9.10	(1.84)	0.00	(1.36)	0.00	0.00	23.97	(21.79)	110.08
YNVYF	1.61	(0.01)	0.00	0.12	0.00	0.00	6.41	(6.20)	27.32
MFON	5.78	(1.09)	0.00	(1.19)	0.00	0.00	14.29	(21.05)	48.48
MAPPF	6.18	0.56	0.06	0.86	6.68	(10.31)	23.75	(13.64)	46.32
NSCIF	2.76	0.04	(0.01)	(0.07)	3.54	(13.03)	9.09	(8.33)	35.61
ROWKF	55.69	24.95	0.00	1.14	0.00	0.00	0.00	(2.94)	1,870
WBSR	10.78	3.98	0.25	(0.86)	8.06	(20.43)	40.00	(20.00)	106.47
VMNT	4.88	(1.12)	0.00	(1.25)	0.00	0.00	11.11	(13.33)	36.41

Be your own money manager

Our tools can tell you how much better you can do entering a position in NetPay International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Sectors Now

Sectors

List of equity sectors categorizing publicly traded companies based on their primary business activities

All Next

Launch Module

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC