Affirm Holdings Correlations
AFRM Stock | USD 43.70 4.26 8.88% |
The current 90-days correlation between Affirm Holdings and SoFi Technologies is 0.6 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Affirm Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Affirm Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Affirm Holdings Correlation With Market
Weak diversification
The correlation between Affirm Holdings and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Affirm Holdings and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Affirm Stock
Moving against Affirm Stock
Related Correlations Analysis
0.67 | 0.26 | 0.45 | 0.63 | UPST | ||
0.67 | 0.54 | 0.34 | 0.51 | SOFI | ||
0.26 | 0.54 | 0.74 | 0.78 | RBLX | ||
0.45 | 0.34 | 0.74 | 0.85 | HOOD | ||
0.63 | 0.51 | 0.78 | 0.85 | SNOW | ||
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Risk-Adjusted Indicators
There is a big difference between Affirm Stock performing well and Affirm Holdings 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 Affirm Holdings' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
UPST | 4.11 | (0.30) | 0.00 | (0.25) | 0.00 | 6.45 | 43.54 | |||
SOFI | 3.33 | (0.06) | 0.00 | (0.12) | 0.00 | 6.15 | 19.68 | |||
RBLX | 1.94 | 0.12 | 0.04 | 0.03 | 3.09 | 3.85 | 17.52 | |||
HOOD | 4.20 | 0.51 | 0.05 | 0.08 | 6.03 | 7.46 | 33.90 | |||
SNOW | 2.16 | (0.07) | 0.00 | (0.15) | 0.00 | 3.60 | 19.02 |
Affirm Holdings Corporate Management
Ronald Clark | VP Relations | Profile | |
Robert OHare | Senior Finance | Profile | |
Geoff Kott | Chief Officer | Profile | |
Pat Suh | Senior Revenue | Profile | |
Michael Linford | Chief Officer | Profile | |
CFA CFA | Head Relations | Profile | |
Eduardo Vilar | VP Solutions | Profile |