Katapult Holdings Correlations

KPLTW Stock

USD 0.01 0.0005 5.26%

The current 90-days correlation between Katapult Holdings Equity and AvePoint is 0.01 (i.e., Significant 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.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Katapult Holdings Equity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

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

Moving together with Katapult Stock

0.73

HCP

Hashicorp

Pair Corr

Moving against Katapult Stock

0.65	VRAR	Glimpse Group Tech Boost	Pair Corr
0.64	DVLT	Datavault AI Symbol Change	Pair Corr
0.62	NN	Nextnav Acquisition Corp Buyout Trend	Pair Corr
0.46	VRNT	Verint Systems	Pair Corr
0.41	EVCM	EverCommerce	Pair Corr
0.35	VRNS	Varonis Systems	Pair Corr
0.71	FMTO	Femto Technologies Symbol Change	Pair Corr
0.6	OLB	OLB Group	Pair Corr
0.43	FAAS	DigiAsia Corp Symbol Change	Pair Corr
0.31	FLYW	Flywire Corp	Pair Corr
0.64	ZENA	ZenaTech	Pair Corr
0.46	RPD	Rapid7 Inc	Pair Corr
0.44	TDC	Teradata Corp	Pair Corr
0.38	TLS	Telos Corp	Pair Corr

Related Correlations Analysis

	PAYOW	AVPTW	KPLT	INDIW	MAPSW
PAYOW		0.0	0.0	0.0	0.0	PAYOW
AVPTW	0.0		-0.34	0.0	0.46	AVPTW
KPLT	0.0	-0.34		0.0	0.16	KPLT
INDIW	0.0	0.0	0.0		0.0	INDIW
MAPSW	0.0	0.46	0.16	0.0		MAPSW
	PAYOW	AVPTW	KPLT	INDIW	MAPSW

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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

MAPSW	+ 0.46	AVPTW
MAPSW	+ 0.16	KPLT
AVPTW	+ 0.0	PAYOW
KPLT	+ 0.0	PAYOW
INDIW	+ 0.0	PAYOW
MAPSW	+ 0.0	PAYOW

High negative correlations

KPLT	- 0.34	AVPTW
MAPSW	- 0.0	INDIW
INDIW	- 0.0	KPLT
INDIW	- 0.0	AVPTW
MAPSW	- 0.0	PAYOW
INDIW	- 0.0	PAYOW

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
PAYOW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AVPTW	4.49	(0.31)	0.00	(0.23)	0.00	0.00	8.93	(9.27)	38.21
KPLT	4.72	1.54	0.37	9.83	3.21	(6.20)	10.03	(7.23)	54.61
INDIW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MAPSW	9.69	1.25	0.10	0.55	11.55	(11.56)	21.72	(19.02)	72.27

Katapult Holdings Corporate Management

Devjit Basu	Head Product	Profile
Nancy Walsh	Chief Officer	Profile
CPA BSc	Chief Officer	Profile
Reid Bork	Chief Officer	Profile
Colleen Gorsky	Chief Officer	Profile

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