MoneyLion Correlations

ML Stock

USD 87.61 0.51 0.59%

The current 90-days correlation between MoneyLion and Porch Group is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MoneyLion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MoneyLion moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

MoneyLion Correlation With Market

Significant diversification

The correlation between MoneyLion and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding MoneyLion 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 MoneyLion. 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 MoneyLion Stock please use our How to buy in MoneyLion Stock guide.

Moving against MoneyLion Stock

0.36

CYN

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Pair Corr

Related Correlations Analysis

	PRCH	NRDY	PET	MNTV	DAVEW	EXFY	GRND	ENFN	VTEX	ONTF
PRCH		-0.43	-0.28	0.0	0.14	0.11	-0.1	0.13	-0.8	-0.64	PRCH
NRDY	-0.43		0.47	0.0	0.32	0.54	0.36	0.07	0.69	0.75	NRDY
PET	-0.28	0.47		0.0	0.41	0.08	0.48	0.28	0.27	0.15	PET
MNTV	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	MNTV
DAVEW	0.14	0.32	0.41	0.0		0.29	0.55	0.31	0.09	0.03	DAVEW
EXFY	0.11	0.54	0.08	0.0	0.29		0.09	0.01	0.29	0.5	EXFY
GRND	-0.1	0.36	0.48	0.0	0.55	0.09		0.24	0.18	0.07	GRND
ENFN	0.13	0.07	0.28	0.0	0.31	0.01	0.24		-0.17	-0.34	ENFN
VTEX	-0.8	0.69	0.27	0.0	0.09	0.29	0.18	-0.17		0.91	VTEX
ONTF	-0.64	0.75	0.15	0.0	0.03	0.5	0.07	-0.34	0.91		ONTF
	PRCH	NRDY	PET	MNTV	DAVEW	EXFY	GRND	ENFN	VTEX	ONTF

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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

ONTF	+ 0.91	VTEX
ONTF	+ 0.75	NRDY
VTEX	+ 0.69	NRDY
GRND	+ 0.55	DAVEW
EXFY	+ 0.54	NRDY
ONTF	+ 0.5	EXFY

High negative correlations

VTEX	- 0.8	PRCH
ONTF	- 0.64	PRCH
NRDY	- 0.43	PRCH
ONTF	- 0.34	ENFN
PET	- 0.28	PRCH
VTEX	- 0.17	ENFN

Risk-Adjusted Indicators

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

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
PRCH	5.36	0.91	0.16	0.34	4.87	(7.80)	8.79	(9.39)	86.11
NRDY	3.44	0.17	0.04	0.04	3.57	(4.60)	8.07	(6.25)	26.75
PET	5.56	0.52	0.07	0.21	5.52	(8.01)	11.76	(11.11)	33.99
MNTV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DAVEW	7.91	0.59	0.05	0.28	9.28	(10.12)	16.67	(13.64)	58.22
EXFY	3.00	0.08	0.00	(0.04)	0.00	0.00	6.35	(5.52)	28.23
GRND	1.96	0.10	0.06	(0.33)	3.51	(1.89)	5.84	(3.35)	24.07
ENFN	1.21	0.13	0.12	0.48	1.60	(1.46)	3.38	(2.60)	10.10
VTEX	2.47	(0.10)	0.00	(0.15)	0.00	0.00	5.24	(5.60)	29.57
ONTF	1.52	(0.19)	0.00	(0.26)	0.00	0.00	2.99	(4.37)	8.36

MoneyLion Corporate Management

Cynthia Kleinbaum	Chief Officer	Profile
Richard Correia	CFO Treasurer	Profile
John Kaplan	Chief Officer	Profile
Diwakar Choubey	CEO, CoFounder	Profile
Timmie Hong	Chief Officer	Profile
Mark Torossian	Chief Officer	Profile
Adam VanWagner	Chief Secretary	Profile

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