Nutanix Correlations
| NTNX Stock | USD 68.77 2.38 3.35% |
The current 90-days correlation between Nutanix and MongoDB is 0.26 (i.e., Modest diversification). The correlation of Nutanix 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.
Nutanix Correlation With Market
Weak diversification
The correlation between Nutanix and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nutanix and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Nutanix Stock
Moving against Nutanix Stock
Related Correlations Analysis
Risk-Adjusted Indicators
There is a big difference between Nutanix Stock performing well and Nutanix 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 Nutanix'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.Nutanix Corporate Management
| Sunil Mahale | VP business | Profile | |
| Anja Hamilton | Chief Officer | Profile | |
| Matthew Young | Senior Japan | Profile | |
| Rukmini Sivaraman | Chief of Staff | Profile | |
| Dave Gwyn | Senior Success | Profile | |
| Ajeet Singh | CoFounder Advisor | Profile |