Zuora Correlations

Summary

ZUODelisted Stock

USD 10.02 0.00 0.00%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Zuora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Zuora Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Zuora Correlation With Market

Good diversification

The correlation between Zuora Inc and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zuora 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. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Moving together with Zuora Stock

0.74	BB	BlackBerry	Pair Corr
0.65	JG	Aurora Mobile	Pair Corr
0.61	DOCN	DigitalOcean Holdings Buyout Trend	Pair Corr
0.8	VRSN	VeriSign	Pair Corr
0.63	EXOD	Exodus Movement,	Pair Corr
0.82	NTCT	NetScout Systems	Pair Corr
0.85	FFIV	F5 Networks	Pair Corr
0.63	DBX	Dropbox	Pair Corr
0.86	DLO	Dlocal	Pair Corr
0.61	DOX	Amdocs	Pair Corr
0.88	OKTA	Okta Inc Earnings Call Tomorrow	Pair Corr

Moving against Zuora Stock

0.65	MSAI	Infrared Cameras Holdings	Pair Corr
0.61	NN	Nextnav Acquisition Corp Downward Rally	Pair Corr
0.61	VRNS	Varonis Systems	Pair Corr
0.59	MOGO	Mogo Inc	Pair Corr
0.57	MLGO	MicroAlgo Trending	Pair Corr
0.55	EVTC	Evertec Earnings Call Tomorrow	Pair Corr
0.49	DTSS	Datasea	Pair Corr
0.46	EVCM	EverCommerce	Pair Corr
0.38	S	SentinelOne	Pair Corr
0.35	FAAS	DigiAsia Corp Symbol Change	Pair Corr
0.34	EEFT	Euronet Worldwide	Pair Corr
0.75	FMTO	Femto Technologies Symbol Change	Pair Corr
0.66	RPD	Rapid7 Inc	Pair Corr
0.59	FLYW	Flywire Corp	Pair Corr
0.58	PAY	Paymentus Holdings	Pair Corr
0.55	FAASW	DigiAsia Corp Symbol Change	Pair Corr
0.43	GEN	Gen Digital	Pair Corr
0.34	GCT	GigaCloud Technology	Pair Corr

Related Correlations Analysis

	SPLK	VMW	PATH	NEWR	PANW	PAGS	DAVA	NTNX	TDC	RPAY
SPLK		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	SPLK
VMW	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	VMW
PATH	0.0	0.0		0.0	0.45	0.54	0.27	0.5	-0.01	0.15	PATH
NEWR	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	NEWR
PANW	0.0	0.0	0.45	0.0		0.53	-0.31	0.51	-0.29	0.39	PANW
PAGS	0.0	0.0	0.54	0.0	0.53		-0.19	0.89	-0.53	0.03	PAGS
DAVA	0.0	0.0	0.27	0.0	-0.31	-0.19		-0.03	0.12	-0.45	DAVA
NTNX	0.0	0.0	0.5	0.0	0.51	0.89	-0.03		-0.43	-0.03	NTNX
TDC	0.0	0.0	-0.01	0.0	-0.29	-0.53	0.12	-0.43		0.48	TDC
RPAY	0.0	0.0	0.15	0.0	0.39	0.03	-0.45	-0.03	0.48		RPAY
	SPLK	VMW	PATH	NEWR	PANW	PAGS	DAVA	NTNX	TDC	RPAY

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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

NTNX	+ 0.89	PAGS
PAGS	+ 0.54	PATH
PAGS	+ 0.53	PANW
NTNX	+ 0.51	PANW
NTNX	+ 0.5	PATH
RPAY	+ 0.48	TDC

High negative correlations

TDC	- 0.53	PAGS
RPAY	- 0.45	DAVA
TDC	- 0.43	NTNX
DAVA	- 0.31	PANW
TDC	- 0.29	PANW
DAVA	- 0.19	PAGS

Risk-Adjusted Indicators

There is a big difference between Zuora Stock performing well and Zuora 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 Zuora'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
SPLK	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VMW	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PATH	2.39	0.15	0.05	0.09	2.69	(2.69)	6.29	(5.10)	15.61
NEWR	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PANW	1.59	(0.04)	0.00	(0.36)	0.00	0.00	3.05	(3.90)	9.25
PAGS	2.33	0.07	0.02	0.08	3.00	(2.34)	4.63	(4.77)	13.85
DAVA	1.54	(0.02)	0.00	(0.03)	0.00	0.00	3.50	(4.27)	14.56
NTNX	1.66	0.00	0.00	(0.01)	2.18	(1.89)	3.64	(3.62)	11.77
TDC	1.49	(0.23)	0.00	(0.20)	0.00	0.00	1.90	(2.57)	23.66
RPAY	1.37	(0.10)	0.00	(0.20)	0.00	0.00	2.05	(3.27)	10.26

View Zuora Related Equities

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Risk & Return

Correlation

Zuora Corporate Management

Amy GuggenheimShenkan	Independent Director	Profile
Rachael Claudio	Director of Social Impact	Profile
Robert Traube	Chief Revenue Officer	Profile
Matthew Dobson	Chief Officer	Profile
Magdalena Yesil	Lead Independent Director	Profile

Still Interested in Zuora Inc?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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