Netcapital Correlations

Market Correlation Context: Netcapital

Netcapital has operating margin of -41.67%, ROE of -99.67%. Review Correlation Analysis for broader portfolio context. This reflects a position in Netcapital in the portfolio view. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.Our How to Invest in Netcapital guide provides practical guidance on trading Netcapital Stock.

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 MLAC + 0.85 WTG AIFU + 0.75 MEGL TVE + 0.66 WTG GLBZ + 0.62 MLAC MLAC + 0.59 TVE GLBZ + 0.48 WTG

High negative correlations AIFU - 0.81 MLAC AIFU - 0.77 WTG MLAC - 0.74 MEGL WTG - 0.71 MEGL AIFU - 0.7 GLBZ AIFU - 0.66 TVE

Risk-Adjusted Indicators

There is a big difference between Netcapital Stock performing well and Netcapital 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 Netcapital'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.