Katapult Holdings Correlations

KPLT Stock

USD 12.90 0.04 0.31%

The current 90-days correlation between Katapult Holdings and i3 Verticals is 0.16 (i.e., Average diversification). The correlation of Katapult Holdings 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.

Katapult Holdings Correlation With Market

Significant diversification

The correlation between Katapult Holdings and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Katapult Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Katapult 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 bureau of economic analysis.

For more information on how to buy Katapult Stock please use our How to Invest in Katapult Holdings guide.

Moving together with Katapult Stock

0.66	JG	Aurora Mobile	Pair Corr
0.91	VRSN	VeriSign	Pair Corr
0.7	DOX	Amdocs Sell-off Trend	Pair Corr
0.86	HCP	Hashicorp	Pair Corr

Moving against Katapult Stock

0.83	VRNT	Verint Systems Earnings Call This Week	Pair Corr
0.83	FMTO	Femto Technologies Symbol Change	Pair Corr
0.79	NN	Nextnav Acquisition Corp Tech Boost	Pair Corr
0.79	VRAR	Glimpse Group Tech Boost	Pair Corr
0.75	FLYW	Flywire Corp	Pair Corr
0.73	VRNS	Varonis Systems	Pair Corr
0.72	EVCM	EverCommerce	Pair Corr
0.68	FIVN	Five9 Inc	Pair Corr
0.53	S	SentinelOne	Pair Corr
0.53	FAAS	DigiAsia Corp Symbol Change	Pair Corr
0.5	FAASW	DigiAsia Corp Symbol Change	Pair Corr
0.47	DBX	Dropbox	Pair Corr
0.35	FOUR	Shift4 Payments	Pair Corr
0.83	RPD	Rapid7 Inc	Pair Corr
0.8	SOS	SOS Limited	Pair Corr
0.8	TDC	Teradata Corp	Pair Corr
0.76	XYZ	Block, Inc Symbol Change	Pair Corr
0.71	TLS	Telos Corp	Pair Corr
0.63	GDDY	Godaddy	Pair Corr
0.61	WIX	WixCom	Pair Corr
0.57	WEX	Wex Inc	Pair Corr
0.48	GCT	GigaCloud Technology	Pair Corr
0.34	DLO	Dlocal Tech Boost	Pair Corr

Related Correlations Analysis

	EVTC	IIIV	EEFT	ESMT	EVCM	LSAK	PRTH	CSGS	OSPN
EVTC		-0.14	0.39	0.0	-0.29	-0.47	-0.39	0.31	-0.71	EVTC
IIIV	-0.14		-0.07	0.0	-0.05	-0.31	0.46	0.71	0.27	IIIV
EEFT	0.39	-0.07		0.0	0.33	-0.11	0.02	-0.02	-0.21	EEFT
ESMT	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	ESMT
EVCM	-0.29	-0.05	0.33	0.0		0.58	0.51	-0.48	0.62	EVCM
LSAK	-0.47	-0.31	-0.11	0.0	0.58		0.5	-0.75	0.6	LSAK
PRTH	-0.39	0.46	0.02	0.0	0.51	0.5		-0.05	0.57	PRTH
CSGS	0.31	0.71	-0.02	0.0	-0.48	-0.75	-0.05		-0.34	CSGS
OSPN	-0.71	0.27	-0.21	0.0	0.62	0.6	0.57	-0.34		OSPN
	EVTC	IIIV	EEFT	ESMT	EVCM	LSAK	PRTH	CSGS	OSPN

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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

CSGS	+ 0.71	IIIV
OSPN	+ 0.62	EVCM
OSPN	+ 0.6	LSAK
LSAK	+ 0.58	EVCM
OSPN	+ 0.57	PRTH
PRTH	+ 0.51	EVCM

High negative correlations

CSGS	- 0.75	LSAK
OSPN	- 0.71	EVTC
CSGS	- 0.48	EVCM
LSAK	- 0.47	EVTC
PRTH	- 0.39	EVTC
OSPN	- 0.34	CSGS

Risk-Adjusted Indicators

There is a big difference between Katapult Stock performing well and Katapult 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 Katapult 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
EVTC	1.25	0.14	0.12	0.20	1.33	(1.53)	2.03	(1.85)	18.48
IIIV	1.56	0.22	0.13	0.20	1.66	(1.72)	3.09	(2.66)	13.80
EEFT	1.53	0.15	0.07	0.08	1.89	(1.62)	3.00	(3.60)	14.44
ESMT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EVCM	1.57	(0.19)	0.00	(0.22)	0.00	0.00	3.22	(3.52)	10.24
LSAK	1.65	(0.08)	0.00	(0.40)	0.00	0.00	3.68	(3.97)	11.38
PRTH	4.02	0.04	0.00	(0.04)	0.00	0.00	7.33	(11.78)	33.24
CSGS	1.24	0.24	0.16	0.21	1.41	(1.29)	2.82	(2.16)	8.74
OSPN	1.97	(0.08)	0.00	(0.15)	0.00	0.00	3.27	(4.57)	13.77

Katapult Holdings Corporate Management

Devjit Basu	Head Product	Profile
Karissa Cupito	Chief Officer	Profile
Nancy Walsh	Chief Officer	Profile
CPA BSc	Chief Officer	Profile
Reid Bork	Chief Officer	Profile

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