My Size Correlations

MYSZ Stock

USD 1.18 0.08 6.35%

The current 90-days correlation between My Size and Powerbridge Technologies Co is -0.02 (i.e., Good diversification). The correlation of My Size 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.

My Size Correlation With Market

Significant diversification

The correlation between My Size and DJI is 0.06 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding My Size and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in My Size. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more information on how to buy MYSZ Stock please use our How to Invest in My Size guide.

Moving together with MYSZ Stock

0.65	WALD	Waldencast Acquisition Trending	Pair Corr
0.62	ETWO	E2open Parent Holdings	Pair Corr
0.74	EVOL	Evolving Systems	Pair Corr

Moving against MYSZ Stock

0.78	AI	C3 Ai Inc	Pair Corr
0.77	KC	Kingsoft Cloud Holdings	Pair Corr
0.74	WK	Workiva	Pair Corr
0.72	DOCU	DocuSign Sell-off Trend	Pair Corr
0.71	ML	MoneyLion	Pair Corr
0.7	BL	Blackline	Pair Corr
0.68	ZM	Zoom Video Communications	Pair Corr
0.67	DV	DoubleVerify Holdings Sell-off Trend	Pair Corr
0.63	DJCO	Daily Journal Corp	Pair Corr
0.63	PD	Pagerduty	Pair Corr
0.61	EB	Eventbrite Class A	Pair Corr
0.61	DOMO	Domo Inc	Pair Corr
0.55	DT	Dynatrace Holdings LLC	Pair Corr
0.54	U	Unity Software	Pair Corr
0.32	QH	Quhuo	Pair Corr
0.83	DUOL	Duolingo	Pair Corr
0.78	VERX	Vertex	Pair Corr
0.76	DSGX	Descartes Systems	Pair Corr
0.76	ENFN	Enfusion	Pair Corr
0.71	DUOT	Duos Technologies	Pair Corr
0.71	EGHT	8x8 Common Stock	Pair Corr
0.66	WFCF	Where Food Comes	Pair Corr
0.63	VMEO	Vimeo Inc	Pair Corr
0.61	WBTN	WEBTOON Entertainment	Pair Corr
0.49	WDAY	Workday	Pair Corr
0.38	EGAN	eGain	Pair Corr
0.79	CRM	Salesforce	Pair Corr
0.78	APP	Applovin Corp	Pair Corr
0.74	FICO	Fair Isaac	Pair Corr
0.73	API	Agora Inc	Pair Corr
0.72	ESTC	Elastic NV	Pair Corr
0.65	EXFY	Expensify	Pair Corr

Related Correlations Analysis

	PBTS	OCFT	IDAI	AMST	IFBD	MTC	BLBX	NOGN	FRGT
PBTS		-0.34	-0.62	-0.6	-0.61	0.38	-0.16	0.86	0.63	PBTS
OCFT	-0.34		0.1	0.21	0.35	0.48	0.55	-0.38	-0.62	OCFT
IDAI	-0.62	0.1		0.47	0.8	-0.49	-0.18	-0.49	-0.23	IDAI
AMST	-0.6	0.21	0.47		0.48	-0.31	-0.01	-0.56	-0.19	AMST
IFBD	-0.61	0.35	0.8	0.48		-0.24	-0.03	-0.55	-0.4	IFBD
MTC	0.38	0.48	-0.49	-0.31	-0.24		0.37	0.32	-0.06	MTC
BLBX	-0.16	0.55	-0.18	-0.01	-0.03	0.37		-0.39	-0.59	BLBX
NOGN	0.86	-0.38	-0.49	-0.56	-0.55	0.32	-0.39		0.75	NOGN
FRGT	0.63	-0.62	-0.23	-0.19	-0.4	-0.06	-0.59	0.75		FRGT
	PBTS	OCFT	IDAI	AMST	IFBD	MTC	BLBX	NOGN	FRGT

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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

NOGN	+ 0.86	PBTS
IFBD	+ 0.8	IDAI
FRGT	+ 0.75	NOGN
FRGT	+ 0.63	PBTS
BLBX	+ 0.55	OCFT
MTC	+ 0.48	OCFT

High negative correlations

FRGT	- 0.62	OCFT
IDAI	- 0.62	PBTS
IFBD	- 0.61	PBTS
AMST	- 0.6	PBTS
FRGT	- 0.59	BLBX
NOGN	- 0.56	AMST

Risk-Adjusted Indicators

There is a big difference between MYSZ Stock performing well and My Size 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 My Size'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
PBTS	71.04	28.20	1.68	0.74	15.82	(128.99)	25.00	(21.84)	2,409
OCFT	7.80	1.74	0.20	2.28	7.06	(9.46)	27.92	(11.73)	75.58
IDAI	9.63	2.35	0.17	(1.29)	8.29	(19.87)	19.05	(16.33)	160.36
AMST	3.50	1.00	0.24	(1.52)	3.07	(4.53)	10.23	(4.64)	21.01
IFBD	5.06	0.61	0.08	3.91	5.57	(5.84)	11.00	(7.58)	65.71
MTC	7.49	0.87	0.04	(0.19)	8.18	(12.37)	16.00	(14.89)	89.69
BLBX	2.72	0.20	0.01	(0.18)	3.54	(3.46)	6.37	(5.66)	21.16
NOGN	3.81	(1.40)	0.00	18.83	0.00	0.00	6.30	(10.77)	29.19
FRGT	5.52	(0.87)	0.00	(0.25)	0.00	0.00	12.73	(11.76)	41.50

My Size Corporate Management

Yuval Weinstock	Executive	Profile
Ilia Turchinsky	Chief Officer	Profile
Or CPA	Chief Officer	Profile
Yoav Venkert	Chief Israel	Profile
David Nadav	Executive	Profile
Shaul Dukeman	CoFounder	Profile
Erez Morag	Executive	Profile

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