Microsoft Correlations
MSFT Stock | USD 511.70 6.08 1.20% |
The current 90-days correlation between Microsoft and Palantir Technologies Class is 0.28 (i.e., Modest diversification). The correlation of Microsoft 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.
Microsoft Correlation With Market
Very weak diversification
The correlation between Microsoft and DJI is 0.59 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Microsoft and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Microsoft Stock
0.92 | BB | BlackBerry | PairCorr |
0.89 | JG | Aurora Mobile | PairCorr |
0.94 | MQ | Marqeta | PairCorr |
0.76 | NN | Nextnav Acquisition Corp | PairCorr |
0.93 | ZS | Zscaler | PairCorr |
0.74 | VRAR | Glimpse Group | PairCorr |
0.96 | VRNS | Varonis Systems | PairCorr |
0.68 | VRNT | Verint Systems | PairCorr |
0.83 | VRSN | VeriSign Earnings Call This Week | PairCorr |
0.61 | EEFT | Euronet Worldwide | PairCorr |
0.66 | EVTC | Evertec | PairCorr |
0.94 | FFIV | F5 Networks | PairCorr |
0.77 | FIVN | Five9 Inc | PairCorr |
0.89 | FLYW | Flywire Corp | PairCorr |
0.61 | BOX | Box Inc | PairCorr |
0.94 | FOUR | Shift4 Payments | PairCorr |
0.87 | DLO | Dlocal | PairCorr |
0.82 | DOX | Amdocs | PairCorr |
0.94 | GEN | Gen Digital | PairCorr |
0.92 | MDB | MongoDB | PairCorr |
0.96 | NET | Cloudflare | PairCorr |
0.92 | ODD | ODDITY Tech | PairCorr |
0.95 | PGY | Pagaya Technologies Upward Rally | PairCorr |
Moving against Microsoft Stock
0.93 | VERI | Veritone Buyout Trend | PairCorr |
0.64 | EXOD | Exodus Movement, Upward Rally | PairCorr |
0.77 | HPAI | Helport AI Limited | PairCorr |
0.69 | XBP | XBP Europe Holdings | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Microsoft Stock performing well and Microsoft 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 Microsoft'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
PLTR | 2.69 | 0.67 | 0.17 | 0.70 | 3.54 | 7.27 | 19.31 | |||
CRWD | 1.95 | 0.40 | 0.08 | (1.49) | 2.28 | 3.73 | 13.11 | |||
ORCL | 1.91 | 0.77 | 0.43 | 0.93 | 1.03 | 4.65 | 16.01 | |||
CRWV | 6.30 | 1.78 | 0.34 | 0.90 | 5.11 | 19.00 | 42.39 | |||
PANW | 1.43 | 0.06 | 0.02 | 0.22 | 2.11 | 2.87 | 11.38 | |||
CORZ | 3.54 | 0.81 | 0.23 | 0.48 | 3.61 | 8.29 | 50.62 | |||
ZETA | 2.80 | 0.13 | 0.09 | 0.24 | 2.75 | 6.81 | 25.43 | |||
AI | 2.64 | 0.25 | 0.14 | 0.33 | 2.25 | 5.28 | 26.86 | |||
BB | 1.96 | 0.43 | 0.08 | (0.77) | 1.97 | 3.79 | 17.71 | |||
NET | 1.71 | 0.75 | 0.26 | 0.90 | 1.76 | 5.61 | 13.55 |
Microsoft Corporate Management
Hossein Nowbar | Chief Officer | Profile | |
Brett Iversen | Vice Relations | Profile | |
Christopher Young | Strategy Development | Profile | |
Takeshi Numoto | Executive Officer | Profile |