Correlation Between Fastly and WisdomTree China
The pairing of Fastly Class A and WisdomTree China ex State Owned highlights how their return series behave together. This measure reflects the degree of diversifiable risk between the two instruments. This metric is based on observed return series over time.
This reference page shows whether Fastly Class A and WisdomTree China ex State Owned provide true diversification or mostly duplicate risk. The output helps evaluate whether combining the two amplifies or reduces concentration risk. A relative-value view using long Fastly and short WisdomTree China is available for further analysis. Go to your portfolio center
Diversification Opportunities for Fastly and WisdomTree China
-0.85 | Correlation Coefficient |
Near-perfect hedge
The 3 months correlation between Fastly and WisdomTree is -0.85. Overlapping area represents the amount of risk that can be diversified away by holding Fastly Class A and WisdomTree China ex State Owne in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on WisdomTree China and Fastly is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Fastly Class A are associated (or correlated) with WisdomTree China. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of WisdomTree China has no effect on the direction of Fastly i.e., Fastly and WisdomTree China go up and down completely randomly.
Pair Corralation between Fastly and WisdomTree China
Given the investment horizon of 90 days Fastly Class A is expected to generate 7.72 times more return on investment than WisdomTree China. However, Fastly is 7.72 times more volatile than WisdomTree China ex State Owned. It trades about 0.2 of its potential returns per unit of risk. WisdomTree China ex State Owned is currently generating about -0.12 per unit of risk. If you had invested $ 1,024 in Fastly Class A on December 26, 2025 and sold it today you would have earned a total of $ 1,858 from holding Fastly Class A or generated 181.4% return on investment over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Significant |
| Accuracy | 100.0% |
| Values | Daily Returns |
Fastly Class A vs. WisdomTree China ex State Owne
Performance |
| Timeline |
| Fastly Class A |
Risk-Adjusted Performance
Constructive
Weak | Strong |
| WisdomTree China |
Risk-Adjusted Performance
Weak
Weak | Strong |
Fastly and WisdomTree China Volatility Contrast
Predicted Return Distribution |
| Density |
Pair Trading with Fastly and WisdomTree China
A paired position in Fastly and WisdomTree China is useful when investors want a more relative-value expression than a simple directional trade. This is most useful when the two securities share economic drivers but still create room for relative-performance divergence.| WisdomTree China vs. WisdomTree International Equity | WisdomTree China vs. iShares Morningstar Small Cap | WisdomTree China vs. WisdomTree SmallCap Earnings | WisdomTree China vs. Longview Advantage ETF |
Go to your portfolio centerThe information on this page should be treated as a complementary input when building or adjusting a diversified portfolio. The stronger workflow is to validate these signals with other models before acting. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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