XWELL Correlations

XWEL Stock

USD 1.08 0.02 1.89%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as XWELL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if XWELL Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

XWELL Correlation With Market

Good diversification

The correlation between XWELL Inc and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding XWELL Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XWELL Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with XWELL Stock

0.64	ILMN	Illumina Sell-off Trend	Pair Corr
0.84	INZY	Inozyme Pharma	Pair Corr
0.76	TERN	Terns Pharmaceuticals	Pair Corr
0.75	CRNX	Crinetics Pharmaceuticals Buyout Trend	Pair Corr
0.73	CTMX	CytomX Therapeutics	Pair Corr
0.61	EMBC	Embecta Corp	Pair Corr

Moving against XWELL Stock

0.69	OPT	Opthea	Pair Corr
0.64	LTRN	Lantern Pharma	Pair Corr
0.56	PHGE	Biomx Inc	Pair Corr
0.52	GANX	Gain Therapeutics	Pair Corr
0.51	FENC	Fennec Pharmaceuticals	Pair Corr
0.5	CUE	Cue Biopharma	Pair Corr
0.31	A	Agilent Technologies	Pair Corr
0.67	DBVT	DBV Technologies Earnings Call This Week	Pair Corr
0.54	ELV	Elevance Health	Pair Corr
0.44	CPRX	Catalyst Pharmaceuticals	Pair Corr
0.78	EC	Ecopetrol SA ADR Sell-off Trend	Pair Corr
0.78	GPI	Group 1 Automotive	Pair Corr
0.7	OBI	Ondine Biomedical	Pair Corr
0.7	T	ATT Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	PRRWF	PDRO	MCW	TRNR	GDDFF	FTDR	RGS	GDET	AMIH	DSEY
PRRWF		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	PRRWF
PDRO	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	PDRO
MCW	0.0	0.0		-0.14	0.13	0.26	-0.06	0.0	-0.16	0.0	MCW
TRNR	0.0	0.0	-0.14		-0.12	-0.09	0.2	0.0	0.11	0.0	TRNR
GDDFF	0.0	0.0	0.13	-0.12		0.53	0.34	0.0	-0.15	0.0	GDDFF
FTDR	0.0	0.0	0.26	-0.09	0.53		0.13	0.0	-0.1	0.0	FTDR
RGS	0.0	0.0	-0.06	0.2	0.34	0.13		0.0	0.31	0.0	RGS
GDET	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	GDET
AMIH	0.0	0.0	-0.16	0.11	-0.15	-0.1	0.31	0.0		0.0	AMIH
DSEY	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		DSEY
	PRRWF	PDRO	MCW	TRNR	GDDFF	FTDR	RGS	GDET	AMIH	DSEY

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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

FTDR	+ 0.53	GDDFF
RGS	+ 0.34	GDDFF
AMIH	+ 0.31	RGS
FTDR	+ 0.26	MCW
RGS	+ 0.2	TRNR
GDDFF	+ 0.13	MCW

High negative correlations

AMIH	- 0.16	MCW
AMIH	- 0.15	GDDFF
TRNR	- 0.14	MCW
GDDFF	- 0.12	TRNR
AMIH	- 0.1	FTDR
FTDR	- 0.09	TRNR

Risk-Adjusted Indicators

There is a big difference between XWELL Stock performing well and XWELL 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 XWELL'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
PRRWF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PDRO	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MCW	1.60	0.15	0.09	0.12	1.58	(1.95)	3.63	(2.94)	8.74
TRNR	6.57	(0.03)	0.00	(0.03)	0.00	0.00	22.40	(12.42)	39.97
GDDFF	2.08	(0.36)	0.00	(0.37)	0.00	0.00	3.57	(6.45)	39.29
FTDR	1.63	(0.30)	0.00	(0.36)	0.00	0.00	2.65	(3.29)	23.72
RGS	3.57	0.22	0.04	0.10	4.94	(3.76)	7.15	(5.12)	29.71
GDET	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AMIH	6.38	2.21	0.00	0.68	0.00	0.00	0.00	0.00	266.67
DSEY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

XWELL Corporate Management

Cara Soffer	Senior Counsel	Profile
David Kohel	Chief Officer	Profile
Ian Brown	Chief Officer	Profile
Suzanne Scrabis	Chief Officer	Profile
Peter Vermeulen	Head Resources	Profile

Trending Assets

PDRO

Pedros List

0.00 0.00 0.00

AMIH

American International

0.0001 0.00 0.00

GDET

GD Entertainment Tec

0.0001 0.00 0.00

RGS

Regis Common

22.49 1.03 4.80

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