PayPal Holdings Correlations

PYPL Stock

USD 89.57 0.81 0.91%

The current 90-days correlation between PayPal Holdings and Visa Class A is 0.37 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PayPal Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PayPal Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

PayPal Holdings Correlation With Market

Modest diversification

The correlation between PayPal Holdings and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PayPal Holdings 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 PayPal Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

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

Moving together with PayPal Stock

0.76	V	Visa Class A	Pair Corr
0.63	DIST	Distoken Acquisition	Pair Corr
0.73	BN	Brookfield Corp Earnings Call This Week	Pair Corr
0.63	CG	Carlyle Group Earnings Call This Week	Pair Corr
0.73	DX	Dynex Capital	Pair Corr
0.76	GS	Goldman Sachs Group	Pair Corr
0.74	LC	LendingClub Corp	Pair Corr
0.7	LX	Lexinfintech Holdings Trending	Pair Corr
0.65	MA	Mastercard	Pair Corr
0.7	MC	Moelis Earnings Call This Week	Pair Corr
0.65	MS	Morgan Stanley	Pair Corr
0.81	PX	P10 Inc	Pair Corr
0.65	QD	Qudian Inc	Pair Corr
0.75	RM	Regional Management Corp Earnings Call This Week	Pair Corr
0.66	DMYY	dMY Squared Technology	Pair Corr
0.81	VIRT	Virtu Financial	Pair Corr
0.64	DYCQ	DT Cloud Acquisition	Pair Corr

Moving against PayPal Stock

0.69	XP	Xp Inc Normal Trading	Pair Corr
0.37	WD	Walker Dunlop	Pair Corr
0.35	TETEU	Technology Telecommunicatio	Pair Corr

Related Correlations Analysis

	SOFI	V	MA	COF	AXP	UPST	ALLY
SOFI		0.86	0.69	0.78	0.91	0.7	0.63	SOFI
V	0.86		0.85	0.88	0.91	0.52	0.61	V
MA	0.69	0.85		0.77	0.72	0.54	0.69	MA
COF	0.78	0.88	0.77		0.89	0.49	0.83	COF
AXP	0.91	0.91	0.72	0.89		0.45	0.71	AXP
UPST	0.7	0.52	0.54	0.49	0.45		0.48	UPST
ALLY	0.63	0.61	0.69	0.83	0.71	0.48		ALLY
	SOFI	V	MA	COF	AXP	UPST	ALLY

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Risk-Adjusted Indicators

There is a big difference between PayPal Stock performing well and PayPal Holdings 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 PayPal Holdings' 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
SOFI	2.96	0.58	0.16	0.59	3.39	(3.40)	7.16	(6.43)	19.60
V	0.75	0.27	0.22	1.57	0.52	(0.89)	2.13	(1.15)	7.49
MA	0.83	0.14	0.06	0.70	0.87	(0.92)	2.62	(1.81)	5.20
COF	1.59	0.40	0.24	0.63	1.15	(1.87)	3.23	(2.39)	18.73
AXP	1.15	0.20	0.11	0.42	1.19	(1.21)	2.13	(2.39)	11.46
UPST	4.21	0.79	0.12	(0.44)	4.39	(5.61)	8.00	(8.31)	60.49
ALLY	1.45	0.15	0.09	0.25	1.53	(1.74)	3.85	(2.69)	12.94

PayPal Holdings Corporate Management

Diego Scotti	GM VP	Profile
Alfonso Villanueva	Corp Strategy	Profile
Amy Bonitatibus	Senior Officer	Profile
Bimal Patel	Senior Counsel	Profile
Hannah Qiu	Senior Region	Profile

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