Paysafe Correlations

Paysafe Correlation With Market

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paysafe. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Paysafe Stock refer to our How to Trade Paysafe Stock guide.

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    SOFI + 0.79 SKLZ SOFI + 0.76 STNE SKLZ + 0.65 STNE SKLZ + 0.59 AVPT SOFI + 0.42 RXT CLOV + 0.4 STEM

High negative correlations    CLOV - 0.68 STNE CLOV - 0.48 SOFI STNE - 0.48 STEM CLOV - 0.46 SKLZ CLOV - 0.42 AVPT OPEN - 0.4 SKLZ

Risk-Adjusted Indicators

There is a big difference between Paysafe Stock performing well and Paysafe 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 Paysafe'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.