Maplebear Correlations

CART Stock  USD 48.41  1.43  2.87%   
The current 90-days correlation between Maplebear and Federal Home Loan is 0.16 (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

Good diversification

The correlation between Maplebear and DJI is -0.17 (i.e., Good 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.
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

  0.71DLTR Dollar TreePairCorr
  0.67WILC G Willi FoodPairCorr
  0.65SYY Sysco Earnings Call This WeekPairCorr
  0.67WBA Walgreens Boots AlliancePairCorr
  0.78PFGC Performance FoodPairCorr
  0.76CHEF Chefs Warehouse Earnings Call This WeekPairCorr
  0.8USFD US Foods HoldingPairCorr
  0.72IP International Paper Earnings Call This WeekPairCorr

Moving against Maplebear Stock

  0.55YI 111 IncPairCorr
  0.54GO Grocery Outlet HoldingPairCorr
  0.53BJ BJs Wholesale ClubPairCorr
  0.45NGVC Natural Grocers by Earnings Call This WeekPairCorr
  0.43WMK Weis MarketsPairCorr
  0.41DDL Dingdong ADRPairCorr
  0.38GRDN Guardian PharmacyPairCorr
  0.38HFFG Hf Foods Group Potential GrowthPairCorr
  0.32ACI Albertsons CompaniesPairCorr
  0.69VIRC Virco ManufacturingPairCorr
  0.57CHA Chagee HoldingsPairCorr
  0.44TBBB BBB FoodsPairCorr

Related Correlations Analysis

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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   
HIWFMCKO
MESAFNNNF
FMCKOFNNNF
EVOHFNNNF
EVOHFMCKO
EVOHHIW
  
High negative correlations   
MESAHIW
MESAFMCKO
HIWFNNNF
MESAEVOH
EVOHHIW
EVOHFMCKO

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.

Maplebear Corporate Management

Laura JonesChief OfficerProfile
Varouj ChitilianChief OfficerProfile
J ZhuangChief ArchitectProfile
Alan RamsayChief OfficerProfile
Anirban KunduChief OfficerProfile
Asha SharmaChief OfficerProfile