Nixxy, Correlations

Nixxy, Correlation With Market

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

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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    MGPI + 0.93 FIZZ MGPI + 0.92 CWGL CWGL + 0.86 FIZZ KO + 0.43 PRMB PRMB + 0.35 FMCKO PRMB + 0.32 COCO

High negative correlations    KO - 0.7 CWGL PRMB - 0.67 FIZZ KO - 0.63 MGPI KO - 0.6 FIZZ PRMB - 0.59 CWGL PRMB - 0.58 MGPI

Risk-Adjusted Indicators

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