WixCom Correlations

Stocks . USA . 
Stock . WixCom
WIX Stock  USD 89.97  3.07  3.30%   
The current 90-days correlation between WixCom and Dropbox is 0.26 (i.e., Modest diversification). The correlation of WixCom 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.

WixCom Correlation With Market

Excellent diversification

The correlation between WixCom and DJI is -0.52 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding WixCom and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with WixCom Stock
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.

Moving together with WixCom Stock

  0.74GDDY GodaddyPairCorr
  0.77FCT Firstwave Cloud TechPairCorr
  0.78TRNR Interactive StrengthPairCorr
  0.73APVO Aptevo TherapeuticsPairCorr

Moving against WixCom Stock

  0.82NHPAP National HealthcarePairCorr
  0.75KNYJF KONE Oyj Earnings Call This WeekPairCorr
  0.73WNC Wabash National Earnings Call This WeekPairCorr
  0.7CSTM Constellium NvPairCorr
  0.69SHERF Sherritt InternationalPairCorr
  0.68HBM Hudbay MineralsPairCorr
  0.64HLFN Home Loan FinancialPairCorr
  0.62DOCN DigitalOcean HoldingsPairCorr
  0.61MGTC Megatech CorpPairCorr
  0.61BIT Blackrock Multi SectorPairCorr
  0.6CRARF Crdit Agricole SA Earnings Call This WeekPairCorr
  0.41TIG Team Internet GroupPairCorr
  0.38MBAI Check Cap Symbol ChangePairCorr
  0.36CYCC CYCC Old Symbol ChangePairCorr
  0.36GTBP GT BiopharmaPairCorr
  0.9GOOG Alphabet Class C Earnings Call This WeekPairCorr
  0.8NMM Navios Maritime PartnersPairCorr
  0.8JRVR James River GroupPairCorr
  0.8VLVLY Volvo AB ADRPairCorr
  0.74KFII KF Growth AcquisitionPairCorr
  0.74SUNFF Sun Life FinancialPairCorr
  0.69CLDT Chatham Lodging TrustPairCorr
  0.67SGHIY Shanghai IndustrialPairCorr
  0.66COMM COMM Old Symbol ChangePairCorr
  0.64KRG Kite Realty GroupPairCorr
  0.64APMRF Amper SAPairCorr
  0.62TRZBF Transat ATPairCorr
  0.6SMTC SemtechPairCorr
  0.6SYNA Synaptics Incorporated Earnings Call This WeekPairCorr

Related Correlations Analysis


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

SRAD
+ 0.84
BLSH
PATH
+ 0.82
DSGX
PCTY
+ 0.73
KVYO
BLSH
+ 0.68
DSGX
SRAD
+ 0.58
DSGX
SRAD
+ 0.57
DBX
  

High negative correlations

CFLT
- 0.79
DBX
CORZ
- 0.6
PCTY
CORZ
- 0.6
KVYO
SRAD
- 0.43
CFLT
BLSH
- 0.42
CFLT
CORZ
- 0.17
CFLT

Risk-Adjusted Indicators

There is a big difference between WixCom Stock performing well and WixCom 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 WixCom'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
DBX  1.33 (0.21) 0.00 (0.46) 0.00 
 0.00 
 2.53 
(2.46)
 15.22 
CFLT  1.67  0.48  0.26  0.91  1.06 
(2.03)
 3.91 
(3.28)
 29.51 
KVYO  2.43 (0.22) 0.00 (0.38) 0.00 
 0.00 
 4.71 
(5.68)
 16.84 
DSGX  1.50 (0.39) 0.00 (0.44) 0.00 
 0.00 
 2.02 
(3.74)
 18.10 
BLSH  3.24 (0.82) 0.00 (0.29) 0.00 
 0.00 
 5.75 
(6.26)
 15.46 
PATH  3.06 (0.30) 0.00 (0.18) 0.00 
 0.00 
 6.69 
(7.07)
 31.73 
PCTY  1.42 (0.26) 0.00 (0.19) 0.00 
 0.00 
 3.51 
(4.46)
 9.24 
CORZ  3.18 (0.02)(0.01) 0.03  3.92 
(3.42)
 6.92 
(7.56)
 16.53 
SRAD  1.55 (0.58) 0.00 (1.45) 0.00 
 0.00 
 2.44 
(4.19)
 10.47 
INFA  0.09 (0.01)(0.35) 0.24  0.12 
(0.11)
 0.16 
(0.16)
 1.08 

WixCom Corporate Executives

Elected by the shareholders, the WixCom's board of directors comprises two types of representatives: WixCom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WixCom. The board's role is to monitor WixCom's management team and ensure that shareholders' interests are well served. WixCom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WixCom's outside directors are responsible for providing unbiased perspectives on the board's policies.
Nadav AbrahamiCoFounder DevelopmentProfile
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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY