Vasta Platform Correlations

VSTA Stock

USD 4.10 0.04 0.99%

The current 90-days correlation between Vasta Platform and TAL Education Group is 0.08 (i.e., Significant diversification). The correlation of Vasta Platform 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.

Vasta Platform Correlation With Market

Very good diversification

The correlation between Vasta Platform and DJI is -0.24 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vasta Platform and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Vasta Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vasta Platform. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For information on how to trade Vasta Stock refer to our How to Trade Vasta Stock guide.

Moving against Vasta Stock

0.81	GOTU	Gaotu Techedu DRC	Pair Corr
0.81	LAUR	Laureate Education Earnings Call This Week	Pair Corr
0.78	UTI	Universal Technical	Pair Corr
0.7	DAO	Youdao Inc	Pair Corr
0.69	KIDZW	Classover Holdings,	Pair Corr
0.62	WAFU	Wah Fu Education	Pair Corr
0.59	YQ	17 Education Technology	Pair Corr
0.55	IH	Ihuman Inc	Pair Corr
0.53	VSA	TCTM Kids IT Symbol Change	Pair Corr
0.49	FEDU	Four Seasons Education	Pair Corr
0.42	TAL	TAL Education Group Earnings Call This Week	Pair Corr
0.41	QSG	QuantaSing Group	Pair Corr
0.4	COE	51Talk Online Education	Pair Corr
0.38	EDU	New Oriental Education Earnings Call This Week	Pair Corr
0.38	GHC	Graham Holdings Earnings Call This Week	Pair Corr
0.36	KIDZ	Classover Holdings, Class	Pair Corr
0.8	ATGE	Adtalem Global Education	Pair Corr
0.77	LINC	Lincoln Educational	Pair Corr
0.75	H	Hyatt Hotels Earnings Call Today	Pair Corr
0.75	AS	Amer Sports,	Pair Corr
0.74	APEI	American Public Education	Pair Corr
0.71	PRDO	Perdoceo Education Corp Earnings Call This Week	Pair Corr
0.71	COUR	Coursera	Pair Corr
0.61	BC	Brunswick Earnings Call Today	Pair Corr
0.6	M	Macys Inc Earnings Call This Week	Pair Corr
0.6	AN	AutoNation Earnings Call Tomorrow	Pair Corr
0.59	F	Ford Motor Earnings Call This Week	Pair Corr
0.58	W	Wayfair	Pair Corr
0.57	UDMY	Udemy Inc Earnings Call This Week	Pair Corr
0.55	LGCY	Legacy Education	Pair Corr
0.54	CHGG	Chegg Inc	Pair Corr
0.53	BEDU	Bright Scholar Education	Pair Corr

Related Correlations Analysis

	COUR	TAL	EDU	GOTU	FSLY	DDOG	CHWY	RNG	W
COUR		-0.01	0.25	0.59	0.71	0.37	0.55	0.62	0.31	COUR
TAL	-0.01		0.18	0.59	0.45	0.47	0.45	0.25	0.55	TAL
EDU	0.25	0.18		0.31	0.13	0.63	0.03	0.59	0.58	EDU
GOTU	0.59	0.59	0.31		0.76	0.61	0.72	0.58	0.64	GOTU
FSLY	0.71	0.45	0.13	0.76		0.42	0.67	0.66	0.42	FSLY
DDOG	0.37	0.47	0.63	0.61	0.42		0.22	0.74	0.96	DDOG
CHWY	0.55	0.45	0.03	0.72	0.67	0.22		0.38	0.24	CHWY
RNG	0.62	0.25	0.59	0.58	0.66	0.74	0.38		0.68	RNG
W	0.31	0.55	0.58	0.64	0.42	0.96	0.24	0.68		W
	COUR	TAL	EDU	GOTU	FSLY	DDOG	CHWY	RNG	W

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

W	+ 0.96	DDOG
FSLY	+ 0.76	GOTU
RNG	+ 0.74	DDOG
CHWY	+ 0.72	GOTU
FSLY	+ 0.71	COUR
W	+ 0.68	RNG

High negative correlations

TAL

- 0.01

COUR

Risk-Adjusted Indicators

There is a big difference between Vasta Stock performing well and Vasta Platform 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 Vasta Platform'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
COUR	1.70	0.20	0.05	0.51	2.09	(1.84)	3.26	(3.21)	19.18
TAL	2.08	0.18	(0.01)	(5.78)	4.05	(2.08)	3.54	(4.40)	26.28
EDU	1.83	0.18	(0.03)	(0.69)	1.91	(2.22)	4.48	(3.48)	19.73
GOTU	2.09	0.53	0.15	(8.62)	1.60	(2.88)	6.69	(2.76)	14.90
FSLY	2.46	0.13	0.10	0.27	2.71	(2.64)	5.47	(3.73)	36.37
DDOG	1.75	0.50	0.30	0.69	1.16	(2.18)	4.17	(2.24)	19.16
CHWY	1.66	(0.02)	(0.04)	0.17	2.61	(1.59)	3.71	(3.27)	17.30
RNG	1.59	0.02	0.06	0.22	1.79	(1.69)	3.94	(2.85)	12.25
W	3.07	0.72	0.43	0.43	1.99	(3.88)	8.60	(3.60)	25.22

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