Maplebear Correlations

CART Stock

USD 48.41 1.43 2.87%

The current 90-days correlation between Maplebear and SEI Investments is 0.14 (i.e., Average diversification). The correlation of Maplebear 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.

Maplebear Correlation With Market

Average diversification

The correlation between Maplebear and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Maplebear and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Maplebear Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Maplebear. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more information on how to buy Maplebear Stock please use our How to Invest in Maplebear guide.

Moving together with Maplebear Stock

0.73	DLTR	Dollar Tree	Pair Corr
0.7	WILC	G Willi Food	Pair Corr
0.66	SYY	Sysco Earnings Call Tomorrow	Pair Corr
0.62	TGT	Target	Pair Corr
0.68	WBA	Walgreens Boots Alliance	Pair Corr
0.79	PFGC	Performance Food	Pair Corr
0.74	CHEF	Chefs Warehouse Earnings Call This Week	Pair Corr
0.81	USFD	US Foods Holding	Pair Corr
0.72	IP	International Paper Earnings Call This Week	Pair Corr

Moving against Maplebear Stock

0.58	YI	111 Inc	Pair Corr
0.5	BJ	BJs Wholesale Club	Pair Corr
0.5	GO	Grocery Outlet Holding	Pair Corr
0.44	WNW	Meiwu Technology	Pair Corr
0.43	NGVC	Natural Grocers by Earnings Call This Week	Pair Corr
0.4	HFFG	Hf Foods Group Potential Growth	Pair Corr
0.39	GRDN	Guardian Pharmacy	Pair Corr
0.38	WMK	Weis Markets	Pair Corr
0.34	DDL	Dingdong ADR	Pair Corr
0.31	ACI	Albertsons Companies	Pair Corr
0.68	VIRC	Virco Manufacturing	Pair Corr
0.58	CHA	Chagee Holdings	Pair Corr
0.42	TBBB	BBB Foods	Pair Corr

Related Correlations Analysis

	HCM	SEIC	TMCI	STEP	PFLT	FDUS	CG
HCM		0.42	-0.41	0.22	0.68	0.56	0.59	HCM
SEIC	0.42		-0.54	0.81	0.88	0.91	0.93	SEIC
TMCI	-0.41	-0.54		-0.38	-0.56	-0.64	-0.55	TMCI
STEP	0.22	0.81	-0.38		0.76	0.83	0.82	STEP
PFLT	0.68	0.88	-0.56	0.76		0.95	0.95	PFLT
FDUS	0.56	0.91	-0.64	0.83	0.95		0.97	FDUS
CG	0.59	0.93	-0.55	0.82	0.95	0.97		CG
	HCM	SEIC	TMCI	STEP	PFLT	FDUS	CG

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

CG	+ 0.97	FDUS
FDUS	+ 0.95	PFLT
CG	+ 0.95	PFLT
CG	+ 0.93	SEIC
FDUS	+ 0.91	SEIC
PFLT	+ 0.88	SEIC

High negative correlations

FDUS	- 0.64	TMCI
PFLT	- 0.56	TMCI
CG	- 0.55	TMCI
TMCI	- 0.54	SEIC
TMCI	- 0.41	HCM
STEP	- 0.38	TMCI

Risk-Adjusted Indicators

There is a big difference between Maplebear Stock performing well and Maplebear 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 Maplebear'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
HCM	2.09	0.07	0.00	0.29	2.59	(2.19)	4.14	(4.63)	14.52
SEIC	0.94	0.11	0.15	0.29	0.53	(1.14)	2.44	(1.57)	9.87
TMCI	2.35	(0.58)	0.00	(0.05)	0.00	0.00	4.17	(5.56)	14.27
STEP	1.61	0.14	0.18	0.29	1.18	(2.01)	4.17	(2.16)	10.44
PFLT	0.75	0.08	0.01	0.34	0.74	(0.87)	1.76	(1.43)	4.80
FDUS	0.82	0.18	0.06	0.66	0.68	(0.95)	1.83	(1.30)	5.04
CG	1.56	0.46	0.36	0.41	1.12	(1.94)	4.09	(2.26)	14.63

Maplebear Corporate Management

Laura Jones	Chief Officer	Profile
Varouj Chitilian	Chief Officer	Profile
J Zhuang	Chief Architect	Profile
Alan Ramsay	Chief Officer	Profile
Anirban Kundu	Chief Officer	Profile
Asha Sharma	Chief Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC