Paysafe Correlations

PSFE-WT Stock

USD 0.03 0 15.00%

The current 90-days correlation between Paysafe Ltd Wt and EVgo Equity Warrants is 0.08 (i.e., Significant diversification). The correlation of Paysafe 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.

Paysafe Correlation With Market

Significant diversification

The correlation between Paysafe Ltd Wt and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Paysafe Ltd Wt and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysafe Ltd Wt. 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.

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

Moving together with Paysafe Stock

0.65	SOFI	SoFi Technologies Aggressive Push	Pair Corr
0.64	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.62	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.66	BAC	Bank of America Aggressive Push	Pair Corr

Moving against Paysafe Stock

0.58	LCID	Lucid Group Aggressive Push	Pair Corr
0.42	RIVN	Rivian Automotive Upward Rally	Pair Corr
0.41	MPW	Medical Properties Trust Aggressive Push	Pair Corr
0.5	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	EVGOW	NVVEW	INDIW	MVSTW
EVGOW		0.43	0.56	-0.06	EVGOW
NVVEW	0.43		0.64	0.11	NVVEW
INDIW	0.56	0.64		0.04	INDIW
MVSTW	-0.06	0.11	0.04		MVSTW
	EVGOW	NVVEW	INDIW	MVSTW

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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

INDIW	+ 0.64	NVVEW
INDIW	+ 0.56	EVGOW
NVVEW	+ 0.43	EVGOW
MVSTW	+ 0.11	NVVEW
MVSTW	+ 0.04	INDIW

High negative correlations

MVSTW

- 0.06

EVGOW

Risk-Adjusted Indicators

There is a big difference between Paysafe Stock performing well and Paysafe 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 Paysafe'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
EVGOW	11.53	3.44	0.37	3.76	7.48	(17.94)	27.94	(14.29)	187.32
NVVEW	13.18	2.19	0.21	0.81	9.80	(20.28)	24.49	(20.99)	208.66
INDIW	4.55	(0.25)	0.00	(1.23)	0.00	0.00	8.70	(9.13)	21.58
MVSTW	13.98	4.08	0.33	(3.46)	9.84	(20.00)	37.50	(18.33)	207.74

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