EzFill Holdings Correlations

EZFL Stock

USD 2.41 0.12 4.74%

The current 90-days correlation between EzFill Holdings and Paltalk is -0.05 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EzFill Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EzFill Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

EzFill Holdings Correlation With Market

Good diversification

The correlation between EzFill Holdings and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding EzFill Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EzFill Holdings. 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 more information on how to buy EzFill Stock please use our How to buy in EzFill Stock guide.

Moving together with EzFill Stock

0.65	DMAN	Innovativ Media Group	Pair Corr
0.68	VCSA	Vacasa Inc Trending	Pair Corr
0.7	WALD	Waldencast Acquisition	Pair Corr

Moving against EzFill Stock

0.74	DOCU	DocuSign Earnings Call This Week	Pair Corr
0.73	BL	Blackline	Pair Corr
0.67	AI	C3 Ai Inc Earnings Call This Week	Pair Corr
0.62	WK	Workiva	Pair Corr
0.58	DT	Dynatrace Holdings LLC	Pair Corr
0.57	KC	Kingsoft Cloud Holdings Upward Rally	Pair Corr
0.56	ZM	Zoom Video Communications	Pair Corr
0.56	DOMO	Domo Inc Earnings Call Today	Pair Corr
0.47	PD	Pagerduty Earnings Call Today	Pair Corr
0.46	ML	MoneyLion	Pair Corr
0.4	DJCO	Daily Journal Corp	Pair Corr
0.39	U	Unity Software Aggressive Push	Pair Corr
0.36	QH	Quhuo	Pair Corr
0.35	VS	Versus Systems	Pair Corr
0.75	DIDIY	Didi Global ADR	Pair Corr
0.7	DUOT	Duos Technologies	Pair Corr
0.68	DSGX	Descartes Systems Earnings Call This Week	Pair Corr
0.68	DUOL	Duolingo	Pair Corr
0.67	VERX	Vertex	Pair Corr
0.63	ENFN	Enfusion	Pair Corr
0.52	EGHT	8x8 Common Stock	Pair Corr
0.7	CRM	Salesforce	Pair Corr
0.59	WFCF	Where Food Comes	Pair Corr

Related Correlations Analysis

	RNAZ	SNTG	PALT	AQUI	MSTSX	LBHIX	ABHYX	SCAXF	VIASP	RRTLX
RNAZ		0.5	-0.26	0.0	0.78	0.38	0.25	0.25	-0.34	0.55	RNAZ
SNTG	0.5		0.16	0.0	0.27	0.0	0.25	0.64	-0.78	0.11	SNTG
PALT	-0.26	0.16		0.0	-0.31	-0.56	0.06	0.39	-0.4	-0.15	PALT
AQUI	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AQUI
MSTSX	0.78	0.27	-0.31	0.0		0.67	0.34	-0.02	-0.08	0.81	MSTSX
LBHIX	0.38	0.0	-0.56	0.0	0.67		0.51	-0.29	0.22	0.69	LBHIX
ABHYX	0.25	0.25	0.06	0.0	0.34	0.51		-0.05	-0.17	0.41	ABHYX
SCAXF	0.25	0.64	0.39	0.0	-0.02	-0.29	-0.05		-0.8	-0.07	SCAXF
VIASP	-0.34	-0.78	-0.4	0.0	-0.08	0.22	-0.17	-0.8		0.01	VIASP
RRTLX	0.55	0.11	-0.15	0.0	0.81	0.69	0.41	-0.07	0.01		RRTLX
	RNAZ	SNTG	PALT	AQUI	MSTSX	LBHIX	ABHYX	SCAXF	VIASP	RRTLX

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

RRTLX	+ 0.81	MSTSX
MSTSX	+ 0.78	RNAZ
RRTLX	+ 0.69	LBHIX
LBHIX	+ 0.67	MSTSX
SCAXF	+ 0.64	SNTG
RRTLX	+ 0.55	RNAZ

High negative correlations

VIASP	- 0.8	SCAXF
VIASP	- 0.78	SNTG
LBHIX	- 0.56	PALT
VIASP	- 0.4	PALT
VIASP	- 0.34	RNAZ
MSTSX	- 0.31	PALT

Risk-Adjusted Indicators

There is a big difference between EzFill Stock performing well and EzFill 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 EzFill 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
RNAZ	8.06	1.29	0.12	(0.60)	6.76	(12.17)	22.00	(11.43)	68.80
SNTG	2.40	0.02	0.00	0.08	0.00	0.00	5.91	(4.78)	21.33
PALT	4.67	(1.29)	0.00	(1.18)	0.00	0.00	8.82	(8.11)	55.20
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.49	(0.04)	(0.13)	0.06	0.52	(0.61)	1.21	(1.02)	2.80
LBHIX	0.11	0.01	(0.42)	0.38	0.00	(0.29)	0.24	(0.24)	0.96
ABHYX	0.17	0.00	(0.24)	0.19	0.25	(0.24)	0.34	(0.33)	1.91
SCAXF	0.70	(0.41)	0.00	(0.98)	0.00	0.00	0.00	0.00	23.47
VIASP	0.74	0.07	(0.04)	(2.04)	1.13	(0.80)	2.28	(1.20)	7.18
RRTLX	0.23	0.00	(0.34)	0.13	0.26	(0.26)	0.48	(0.56)	1.36

EzFill Holdings Corporate Management

Michael McConnell	CEO Director	Profile
Michael Farkas	Founder	Profile
Richard Dery	Chief Director	Profile
Arthur CPA	CFO Officer	Profile
Michael CPA	Chief Officer	Profile
Avishai Vaknin	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

2024 Macroaxis LLC