Xp Correlations

XP Stock

USD 14.72 0.16 1.10%

The current 90-days correlation between Xp Inc and Marathon Digital Holdings is 0.09 (i.e., Significant diversification). The correlation of Xp 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.

Xp Correlation With Market

Significant diversification

The correlation between Xp Inc and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Xp Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xp 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 american community survey.

Moving together with Xp Stock

0.72	AC	Associated Capital	Pair Corr
0.85	DOMH	Dominari Holdings	Pair Corr

Moving against Xp Stock

0.55	LC	LendingClub Corp	Pair Corr
0.46	LGHLW	Lion Financial Group	Pair Corr

Related Correlations Analysis

	TIGR	BTBT	MARA	GHL	MKTX	IBKR	EVR	PJT	LPLA	SF
TIGR		-0.45	-0.44	0.0	-0.65	0.58	-0.3	0.53	0.63	-0.15	TIGR
BTBT	-0.45		0.95	0.0	0.81	-0.52	0.34	-0.07	-0.65	0.12	BTBT
MARA	-0.44	0.95		0.0	0.89	-0.54	0.33	-0.08	-0.68	0.1	MARA
GHL	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	GHL
MKTX	-0.65	0.81	0.89	0.0		-0.73	0.43	-0.35	-0.82	0.1	MKTX
IBKR	0.58	-0.52	-0.54	0.0	-0.73		-0.25	0.78	0.94	0.31	IBKR
EVR	-0.3	0.34	0.33	0.0	0.43	-0.25		0.04	-0.28	0.73	EVR
PJT	0.53	-0.07	-0.08	0.0	-0.35	0.78	0.04		0.63	0.4	PJT
LPLA	0.63	-0.65	-0.68	0.0	-0.82	0.94	-0.28	0.63		0.27	LPLA
SF	-0.15	0.12	0.1	0.0	0.1	0.31	0.73	0.4	0.27		SF
	TIGR	BTBT	MARA	GHL	MKTX	IBKR	EVR	PJT	LPLA	SF

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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

MARA	+ 0.95	BTBT
LPLA	+ 0.94	IBKR
MKTX	+ 0.89	MARA
MKTX	+ 0.81	BTBT
PJT	+ 0.78	IBKR
SF	+ 0.73	EVR

High negative correlations

LPLA	- 0.82	MKTX
IBKR	- 0.73	MKTX
LPLA	- 0.68	MARA
LPLA	- 0.65	BTBT
MKTX	- 0.65	TIGR
IBKR	- 0.54	MARA

Risk-Adjusted Indicators

There is a big difference between Xp Stock performing well and Xp 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 Xp'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
TIGR	4.40	0.53	0.09	(0.44)	5.07	(4.69)	9.76	(8.66)	40.88
BTBT	4.44	(0.86)	0.00	4.81	0.00	0.00	9.17	(9.15)	33.99
MARA	3.75	(1.20)	0.00	4.88	0.00	0.00	8.05	(9.72)	22.62
GHL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MKTX	1.11	(0.47)	0.00	(5.09)	0.00	0.00	1.78	(2.57)	10.70
IBKR	1.89	0.11	0.04	(1.18)	2.36	(2.04)	5.01	(3.63)	15.69
EVR	1.35	(0.32)	0.00	(0.28)	0.00	0.00	2.17	(3.46)	8.83
PJT	1.55	0.00	0.00	0.01	2.21	(1.44)	3.41	(2.79)	11.57
LPLA	1.02	0.16	0.11	(2.18)	1.24	(1.10)	2.00	(2.16)	4.45
SF	1.20	(0.14)	0.00	(0.12)	0.00	0.00	2.06	(3.07)	6.35

Xp Corporate Management

Gabriel Santos	Head Selection	Profile
Guilherme Benchimol	Founder Chairman	Profile
Andr Martins	Head Relations	Profile
Jose Neto	Chief SA	Profile
Thiago Maffra	Chief Officer	Profile

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