CXApp Correlations

CXAI Stock

0.40 0.01 2.44%

The current 90-days correlation between CXApp Inc and Smith Micro Software is 0.44 (i.e., Very weak diversification). The correlation of CXApp 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.

CXApp Correlation With Market

Very weak diversification

The correlation between CXApp Inc and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CXApp Inc and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with CXApp Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CXApp 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 nation.

Moving together with CXApp Stock

0.67	DT	Dynatrace Holdings LLC	Pair Corr
0.62	JG	Aurora Mobile Tech Boost	Pair Corr
0.61	PD	Pagerduty Earnings Call Tomorrow	Pair Corr
0.79	QH	Quhuo	Pair Corr
0.9	VS	Versus Systems Tech Boost	Pair Corr
0.84	ZD	Ziff Davis	Pair Corr
0.65	DMRC	Digimarc	Pair Corr
0.7	VEEA	Veea Inc	Pair Corr
0.84	VERX	Vertex	Pair Corr
0.69	DSGX	Descartes Systems	Pair Corr

Moving against CXApp Stock

0.59	MEGASOFT	Megasoft Limited	Pair Corr
0.45	BL	Blackline	Pair Corr
0.74	TREJHARA	TREJHARA SOLUTIONS	Pair Corr
0.54	RM	RM Plc	Pair Corr
0.37	300036	Beijing SuperMap Software	Pair Corr
0.73	IOM	iomart Group plc Earnings Call Tomorrow	Pair Corr

Related Correlations Analysis

	SMSI	AMST	ANY	NVNI	STEC	IPM	SOPA	DTSS	AMOD	BLIN
SMSI		0.31	0.76	0.26	0.4	0.5	0.35	0.69	0.52	0.8	SMSI
AMST	0.31		0.56	0.0	0.2	0.5	0.43	0.25	0.51	0.31	AMST
ANY	0.76	0.56		0.0	0.45	0.38	0.61	0.47	0.48	0.66	ANY
NVNI	0.26	0.0	0.0		0.16	0.24	-0.47	0.55	0.49	0.29	NVNI
STEC	0.4	0.2	0.45	0.16		0.25	0.08	0.33	0.28	0.24	STEC
IPM	0.5	0.5	0.38	0.24	0.25		0.22	0.38	0.67	0.35	IPM
SOPA	0.35	0.43	0.61	-0.47	0.08	0.22		-0.06	0.07	0.25	SOPA
DTSS	0.69	0.25	0.47	0.55	0.33	0.38	-0.06		0.71	0.84	DTSS
AMOD	0.52	0.51	0.48	0.49	0.28	0.67	0.07	0.71		0.62	AMOD
BLIN	0.8	0.31	0.66	0.29	0.24	0.35	0.25	0.84	0.62		BLIN
	SMSI	AMST	ANY	NVNI	STEC	IPM	SOPA	DTSS	AMOD	BLIN

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

BLIN	+ 0.84	DTSS
BLIN	+ 0.8	SMSI
ANY	+ 0.76	SMSI
AMOD	+ 0.71	DTSS
DTSS	+ 0.69	SMSI
AMOD	+ 0.67	IPM

High negative correlations

SOPA	- 0.47	NVNI
DTSS	- 0.06	SOPA
NVNI	- 0.0	ANY
NVNI	- 0.0	AMST

Risk-Adjusted Indicators

There is a big difference between CXApp Stock performing well and CXApp 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 CXApp'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
SMSI	3.28	(0.21)	0.00	(0.03)	0.00	0.00	6.94	(7.14)	29.23
AMST	3.78	(0.13)	0.00	0.17	0.00	0.00	5.54	(7.27)	53.52
ANY	4.69	(0.13)	0.00	(0.04)	0.00	0.00	11.76	(9.09)	32.96
NVNI	7.84	(0.21)	0.00	(0.02)	0.00	0.00	18.83	(10.00)	114.97
STEC	12.78	4.28	0.59	0.63	6.07	(20.79)	10.17	(10.98)	388.46
IPM	2.38	(0.03)	(0.01)	0.01	2.77	(3.29)	4.17	(4.98)	32.63
SOPA	11.19	2.14	0.29	1.03	6.90	(18.73)	14.72	(13.77)	293.36
DTSS	3.15	(0.53)	0.00	(0.62)	0.00	0.00	5.34	(5.61)	30.33
AMOD	3.56	(0.58)	0.00	(0.25)	0.00	0.00	9.26	(6.45)	25.02
BLIN	2.21	(0.58)	0.00	(0.34)	0.00	0.00	3.79	(6.80)	24.95

CXApp Corporate Management

Chris Wiegand	Executive Initiatives	Profile
Tyler Robbins	Vice Sales	Profile
Asim Husain	Managing Pacific	Profile
Joy Mbanugo	Chief Officer	Profile
Terry Blanchard	Senior Engineering	Profile
Naresh Soni	Chief Officer	Profile

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

2025 Macroaxis LLC