Swvl Holdings Correlations
| SWVL Stock | USD 5.06 0.54 11.95% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Swvl Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Swvl Holdings Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Swvl Holdings Correlation With Market
Good diversification
The correlation between Swvl Holdings Corp and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Swvl Holdings Corp and DJI in the same portfolio, assuming nothing else is changed.
Swvl |
Moving together with Swvl Stock
| 0.66 | U | Unity Software | PairCorr |
| 0.76 | DJCO | Daily Journal Corp | PairCorr |
| 0.92 | AI | C3 Ai Inc | PairCorr |
| 0.77 | BL | Blackline | PairCorr |
| 0.78 | DV | DoubleVerify Holdings | PairCorr |
| 0.65 | EB | Eventbrite Class A | PairCorr |
| 0.85 | KC | Kingsoft Cloud Holdings | PairCorr |
| 0.73 | ML | MoneyLion | PairCorr |
| 0.85 | WK | Workiva | PairCorr |
| 0.77 | ZM | Zoom Video Communications | PairCorr |
| 0.83 | DOCU | DocuSign | PairCorr |
| 0.72 | VCSA | Vacasa Inc | PairCorr |
| 0.79 | VERX | Vertex | PairCorr |
| 0.78 | DSGX | Descartes Systems | PairCorr |
| 0.82 | DUOL | Duolingo | PairCorr |
| 0.69 | VMEO | Vimeo Inc Downward Rally | PairCorr |
| 0.65 | EGHT | 8x8 Common Stock | PairCorr |
| 0.9 | ENFN | Enfusion | PairCorr |
| 0.68 | WBTN | WEBTOON Entertainment | PairCorr |
| 0.65 | XELAP | Exela Technologies | PairCorr |
| 0.73 | WDAY | Workday | PairCorr |
| 0.77 | WFCF | Where Food Comes | PairCorr |
| 0.83 | ESTC | Elastic NV | PairCorr |
| 0.83 | EXFY | Expensify | PairCorr |
Moving against Swvl Stock
| 0.62 | VTEX | VTEX | PairCorr |
| 0.56 | VERB | VERB TECHNOLOGY PANY | PairCorr |
| 0.5 | ETWO | E2open Parent Holdings | PairCorr |
| 0.37 | FRGE | Forge Global Holdings | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Swvl Stock performing well and Swvl 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 Swvl 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SOFO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CUEN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OLB | 4.81 | (0.19) | 0.00 | (0.24) | 0.00 | 13.01 | 43.35 | |||
| SBIG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FDBL | 3.10 | 0.74 | 0.00 | (0.26) | 0.00 | 0.00 | 150.00 | |||
| MNTV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| IDBA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ENFN | 1.66 | 0.17 | 0.09 | 2.00 | 1.94 | 3.65 | 9.86 | |||
| EGAN | 3.09 | 0.51 | 0.14 | (5.09) | 3.25 | 7.18 | 21.31 | |||
| VQS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |