NetSol Technologies Correlations

NTWK Stock

USD 3.50 0.14 4.17%

The current 90-days correlation between NetSol Technologies and Aware Inc is 0.01 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetSol Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetSol Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

NetSol Technologies Correlation With Market

Very weak diversification

The correlation between NetSol Technologies and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NetSol Technologies and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with NetSol Stock

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

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

Moving together with NetSol Stock

0.62	JG	Aurora Mobile	Pair Corr
0.7	RNI	OXFORD METRICS LS	Pair Corr

Moving against NetSol Stock

0.71	DT	Dynatrace Holdings LLC	Pair Corr
0.71	MQ	Marqeta Earnings Call This Week	Pair Corr
0.7	1Q5	Dropbox	Pair Corr
0.69	DOCU	DocuSign	Pair Corr
0.69	DOMO	Domo Inc Earnings Call This Week	Pair Corr
0.68	VERI	Veritone	Pair Corr
0.66	U	Unity Software	Pair Corr
0.66	DMRC	Digimarc Earnings Call This Week	Pair Corr
0.65	BL	Blackline	Pair Corr
0.64	WK	Workiva Sell-off Trend	Pair Corr
0.62	35U	PAR TECHNOLOGY DL	Pair Corr
0.6	2TY	PagerDuty	Pair Corr
0.59	PD	Pagerduty	Pair Corr
0.59	RM	RM Plc	Pair Corr
0.56	VS	Versus Systems	Pair Corr
0.44	DV	DoubleVerify Holdings Earnings Call This Week	Pair Corr
0.43	BGE	Bridge Saas	Pair Corr
0.43	QH	Quhuo	Pair Corr
0.38	MTLO	Martello Technologies	Pair Corr
0.31	9NY	BYTES TECHGRP LS	Pair Corr
0.78	BRA	Bravura Solutions	Pair Corr
0.76	SAP	SAP SE	Pair Corr
0.75	AN5	Alpha Systems	Pair Corr
0.75	VTEX	VTEX Earnings Call This Week	Pair Corr
0.72	0M5	Bill Holdings	Pair Corr
0.72	OBL	OBIC CoLtd	Pair Corr
0.7	LY0	Lyft Inc	Pair Corr
0.68	MSFT	Microsoft Corp CDR	Pair Corr

Related Correlations Analysis

	AWRE	SURG	HKIT	INLX	BLBX	BMR	PHUN	KNRX	MOGO	WFCF
AWRE		0.76	-0.55	0.65	-0.81	0.7	0.75	0.74	0.91	0.4	AWRE
SURG	0.76		-0.19	0.47	-0.74	0.51	0.65	0.63	0.67	0.06	SURG
HKIT	-0.55	-0.19		-0.68	0.33	-0.62	-0.56	-0.51	-0.67	-0.75	HKIT
INLX	0.65	0.47	-0.68		-0.59	0.61	0.46	0.51	0.8	0.45	INLX
BLBX	-0.81	-0.74	0.33	-0.59		-0.41	-0.6	-0.61	-0.79	-0.25	BLBX
BMR	0.7	0.51	-0.62	0.61	-0.41		0.59	0.58	0.68	0.49	BMR
PHUN	0.75	0.65	-0.56	0.46	-0.6	0.59		0.61	0.66	0.43	PHUN
KNRX	0.74	0.63	-0.51	0.51	-0.61	0.58	0.61		0.71	0.55	KNRX
MOGO	0.91	0.67	-0.67	0.8	-0.79	0.68	0.66	0.71		0.53	MOGO
WFCF	0.4	0.06	-0.75	0.45	-0.25	0.49	0.43	0.55	0.53		WFCF
	AWRE	SURG	HKIT	INLX	BLBX	BMR	PHUN	KNRX	MOGO	WFCF

Please upgrade your account to get full access to Macroaxis premium features

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

MOGO	+ 0.91	AWRE
MOGO	+ 0.8	INLX
SURG	+ 0.76	AWRE
PHUN	+ 0.75	AWRE
KNRX	+ 0.74	AWRE
MOGO	+ 0.71	KNRX

High negative correlations

BLBX	- 0.81	AWRE
MOGO	- 0.79	BLBX
WFCF	- 0.75	HKIT
BLBX	- 0.74	SURG
INLX	- 0.68	HKIT
MOGO	- 0.67	HKIT

Risk-Adjusted Indicators

There is a big difference between NetSol Stock performing well and NetSol Technologies 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 NetSol Technologies' 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
AWRE	2.10	(0.47)	0.00	(0.29)	0.00	0.00	4.10	(4.37)	18.30
SURG	3.96	(0.82)	0.00	7.00	0.00	0.00	11.49	(7.41)	52.00
HKIT	4.15	0.50	0.05	(0.67)	5.66	(4.35)	9.56	(8.87)	27.47
INLX	1.38	(0.13)	0.00	0.28	0.00	0.00	2.96	(4.00)	11.14
BLBX	5.93	1.58	0.22	1.97	6.03	(6.58)	17.56	(10.05)	37.77
BMR	3.52	(0.11)	(0.02)	0.01	4.02	(4.49)	8.77	(7.91)	19.37
PHUN	2.77	(0.23)	(0.03)	0.00	2.94	(3.40)	6.18	(4.79)	14.60
KNRX	8.29	0.90	0.07	(0.35)	8.10	(13.72)	12.77	(16.26)	197.35
MOGO	2.50	(0.95)	0.00	(0.94)	0.00	0.00	4.50	(6.40)	14.17
WFCF	1.57	0.02	(0.03)	0.24	2.05	(2.21)	3.14	(2.89)	18.75

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