CXApp Correlations

Stocks . USA . 
Stock . CXApp Inc
CXAIW Stock   0.08  0  4.62%   
The current 90-days correlation between CXApp Inc and RadNet Inc is 0.25 (i.e., Modest 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. If the correlation is 0, the equities are not correlated; they are entirely random.

CXApp Correlation With Market

Modest diversification

The correlation between CXApp Inc and DJI is 0.23 (i.e., Modest 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 gross domestic product.

Moving together with CXApp Stock

  0.61FI Fiserv, Earnings Call This WeekPairCorr

Moving against CXApp Stock

  0.61DT Dynatrace Holdings LLCPairCorr
  0.61KD Kyndryl HoldingsPairCorr
  0.61KE Kimball ElectronicsPairCorr
  0.61KN Knowles Cor Earnings Call This WeekPairCorr
  0.59BL BlacklinePairCorr
  0.56BB BlackBerryPairCorr
  0.52DV DoubleVerify HoldingsPairCorr
  0.51DIOD Diodes IncorporatedPairCorr
  0.49MQ MarqetaPairCorr
  0.49MU Micron TechnologyPairCorr
  0.47AI C3 Ai IncPairCorr
  0.47MI NFT LimitedPairCorr
  0.45MX MagnaChip SemiconductorPairCorr
  0.44JG Aurora MobilePairCorr
  0.42FN FabrinetPairCorr
  0.39S SentinelOnePairCorr
  0.66PI Impinj Inc Earnings Call This WeekPairCorr
  0.57UI Ubiquiti Networks Tech BoostPairCorr
  0.56ZM Zoom Video CommunicationsPairCorr
  0.53ZS ZscalerPairCorr
  0.49DMRC DigimarcPairCorr
  0.46VERB Verb TechnologyPairCorr
  0.43VECO Veeco InstrumentsPairCorr
  0.41NN Nextnav Acquisition CorpPairCorr
  0.41ON ON SemiconductorPairCorr
  0.4DOMO Domo Inc Upward RallyPairCorr
  0.34AMPGW AmpliTech GroupPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

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   
AMKR
+ 0.84
XWEL
XWEL
+ 0.73
RDNT
AMKR
+ 0.62
RDNT
GNFT
+ 0.48
RDNT
USIO
+ 0.47
CMND
ANRO
+ 0.4
XWEL
  
High negative correlations   
GNFT
- 0.45
USIO
AMKR
- 0.34
CMND
CMND
- 0.31
XWEL
USIO
- 0.28
RDNT
CMND
- 0.27
RDNT
GNFT
- 0.09
AMKR

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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY