Marqeta Correlations

MQ Stock

USD 3.85 0.01 0.26%

The current 90-days correlation between Marqeta and Dlocal is 0.19 (i.e., Average diversification). The correlation of Marqeta 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.

Marqeta Correlation With Market

Very weak diversification

The correlation between Marqeta and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Marqeta and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marqeta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.

To learn how to invest in Marqeta Stock, please use our How to Invest in Marqeta guide.

Moving together with Marqeta Stock

0.84	EVTC	Evertec	Pair Corr
0.76	XNET	Xunlei Ltd Adr	Pair Corr

Moving against Marqeta Stock

0.63	FLYW	Flywire Corp	Pair Corr
0.58	AI	C3 Ai Inc	Pair Corr
0.55	DBX	Dropbox	Pair Corr
0.55	DLO	Dlocal	Pair Corr
0.53	VRAR	Glimpse Group	Pair Corr
0.52	S	SentinelOne Sell-off Trend	Pair Corr
0.48	FIVN	Five9 Inc	Pair Corr
0.44	FAAS	DigiAsia Corp	Pair Corr
0.42	DVLT	Datavault AI Symbol Change	Pair Corr
0.42	FAASW	DigiAsia Corp	Pair Corr
0.42	FMTO	Femto Technologies Symbol Change	Pair Corr
0.41	BOX	Box Inc	Pair Corr
0.35	VRNS	Varonis Systems	Pair Corr
0.34	VRNT	Verint Systems	Pair Corr
0.33	VERI	Veritone	Pair Corr
0.58	ARBEW	Arbe Robotics	Pair Corr
0.55	ZENA	ZenaTech	Pair Corr
0.54	WIX	WixCom	Pair Corr
0.51	TLS	Telos Corp	Pair Corr
0.51	ZETA	Zeta Global Holdings	Pair Corr
0.5	RXT	Rackspace Technology	Pair Corr
0.5	INFA	Informatica	Pair Corr
0.49	MDB	MongoDB	Pair Corr
0.47	RPD	Rapid7 Inc	Pair Corr
0.46	IOT	Samsara	Pair Corr

Related Correlations Analysis

	DLO	DOCS	GLBE	DOCN	CFLT
DLO		0.4	0.87	0.67	0.74	DLO
DOCS	0.4		0.2	0.77	0.7	DOCS
GLBE	0.87	0.2		0.58	0.63	GLBE
DOCN	0.67	0.77	0.58		0.89	DOCN
CFLT	0.74	0.7	0.63	0.89		CFLT
	DLO	DOCS	GLBE	DOCN	CFLT

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Risk-Adjusted Indicators

There is a big difference between Marqeta Stock performing well and Marqeta 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 Marqeta'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
DLO	3.01	(0.19)	0.00	(0.26)	0.00	0.00	4.74	(5.03)	39.00
DOCS	3.16	0.16	0.03	0.05	3.98	(3.22)	4.93	(6.12)	45.86
GLBE	2.85	(0.39)	0.00	(0.26)	0.00	0.00	3.92	(8.39)	26.22
DOCN	3.21	(0.29)	0.00	0.87	0.00	0.00	5.22	(7.99)	21.10
CFLT	3.56	(0.38)	0.00	(3.34)	0.00	0.00	7.71	(7.17)	37.15

Marqeta Corporate Management

Crystal Sumner	General Officer	Profile
Todd Pollak	Chief Officer	Profile
Crystal JD	General Officer	Profile
Fouzi Husaini	Chief Officer	Profile
Randall Kern	Chief Officer	Profile
Karna Crawford	Chief Officer	Profile
Michael Milotich	Chief Officer	Profile

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