Wayfair Correlations

W Stock

USD 72.35 -3.92 -5.14%

Low or negative correlation with other holdings can meaningfully reduce portfolio drawdowns during market stress. The current 90-days correlation between Wayfair and Chewy Inc is 0.19 (i.e., Good diversification).

Correlation Against Market - Wayfair

Weak diversification

The correlation between Wayfair and Dow Jones is 0.43, which Macroaxis classifies as Weak diversification for the selected horizon. This chart helps evaluate whether adding Dow Jones genuinely reduces risk relative to holding Wayfair alone.

Build portfolio with Wayfair Stock

Wayfair has a market cap of 9.46 B, operating margin of 2.07%. See Your Current Watchlist for additional portfolio context. A position in Wayfair is indicated here. This is part of the broader portfolio composition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

To learn how to invest in Wayfair Stock, please use our How to Trade Wayfair Stock guide. It outlines the key steps from research to execution when investing in Wayfair.

Moving together with Wayfair Stock

0.75	IBM	International Business	Pair Corr
0.87	DIS	Walt Disney	Pair Corr

Moving against Wayfair Stock

0.83	TRV	The Travelers Companies	Pair Corr
0.79	MCD	McDonalds	Pair Corr
0.79	VZ	Verizon Communications	Pair Corr
0.7	NIHK	Video River Networks	Pair Corr
0.7	JNJ	Johnson Johnson	Pair Corr
0.7	KO	Coca Cola	Pair Corr
0.61	SLF	Sun Life Financial	Pair Corr
0.6	PG	Procter Gamble	Pair Corr
0.56	SUNFF	Sun Life Financial	Pair Corr
0.55	WMT	Walmart Common Stock	Pair Corr
0.55	CAT	Caterpillar	Pair Corr
0.48	MRK	Merck Company	Pair Corr
0.47	DD	Dupont De Nemours	Pair Corr
0.41	CSCO	Cisco Systems	Pair Corr

Related Correlations Analysis

	CHWY	DPZ	MGA	DKNG	TOL	WYNN	H	GME	CART	BBY
CHWY		0.7	-0.48	0.93	-0.4	0.73	0.48	-0.72	0.75	0.65	CHWY
DPZ	0.7		-0.31	0.66	-0.38	0.47	0.25	-0.4	0.72	0.44	DPZ
MGA	-0.48	-0.31		-0.57	0.72	-0.18	0.31	0.26	-0.32	-0.32	MGA
DKNG	0.93	0.66	-0.57		-0.58	0.71	0.36	-0.8	0.82	0.73	DKNG
TOL	-0.4	-0.38	0.72	-0.58		-0.06	0.47	0.52	-0.66	-0.22	TOL
WYNN	0.73	0.47	-0.18	0.71	-0.06		0.73	-0.58	0.59	0.8	WYNN
H	0.48	0.25	0.31	0.36	0.47	0.73		-0.31	0.21	0.55	H
GME	-0.72	-0.4	0.26	-0.8	0.52	-0.58	-0.31		-0.81	-0.48	GME
CART	0.75	0.72	-0.32	0.82	-0.66	0.59	0.21	-0.81		0.55	CART
BBY	0.65	0.44	-0.32	0.73	-0.22	0.8	0.55	-0.48	0.55		BBY
	CHWY	DPZ	MGA	DKNG	TOL	WYNN	H	GME	CART	BBY

Please upgrade your account to get full access to Macroaxis premium features

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

DKNG	+ 0.93	CHWY
CART	+ 0.82	DKNG
BBY	+ 0.8	WYNN
CART	+ 0.75	CHWY
WYNN	+ 0.73	CHWY
BBY	+ 0.73	DKNG

High negative correlations

CART	- 0.81	GME
GME	- 0.8	DKNG
GME	- 0.72	CHWY
CART	- 0.66	TOL
GME	- 0.58	WYNN
TOL	- 0.58	DKNG

Risk-Adjusted Indicators

Surface-level performance for Wayfair Stock can mask how the business actually stacks up against its competitive set. A thorough review of Wayfair's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. 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
CHWY	2.29	-0.51	0.00	3.91	0.00	0.00	3.85	-4.67	13.57
DPZ	1.28	-0.26	0.00	0.38	0.00	0.00	2.68	-3.16	8.96
MGA	1.56	-0.06	0.00	0.06	0.00	0.00	3.04	-2.86	22.24
DKNG	2.29	-0.60	0.00	3.87	0.00	0.00	3.81	-6.31	17.82
TOL	1.44	-0.09	0.00	0.53	0.00	0.00	3.25	-2.61	11.09
WYNN	1.68	-0.41	0.00	0.61	0.00	0.00	2.68	-3.57	11.56
H	1.86	-0.23	0.00	4.30	0.00	0.00	3.28	-5.23	13.00
GME	1.65	0.06	0.08	-0.44	1.88	-1.85	4.44	-2.85	13.39
CART	1.91	-0.36	0.00	0.47	0.00	0.00	3.56	-4.58	12.65
BBY	1.62	-0.28	0.00	0.21	0.00	0.00	3.36	-3.29	9.74

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC