Visa Correlations

V Stock

USD 315.08 0.38 0.12%

The current 90-days correlation between Visa Class A and American Express is 0.42 (i.e., Very weak diversification). The correlation of Visa 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.

Visa Correlation With Market

Very weak diversification

The correlation between Visa Class A and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Visa Class A and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Visa Stock

0.88	DIST	Distoken Acquisition	Pair Corr
0.83	MA	Mastercard	Pair Corr
0.65	DYCQ	DT Cloud Acquisition	Pair Corr
0.69	ROCLW	Roth CH Acquisition	Pair Corr
0.76	EMCG	Embrace Change Acqui	Pair Corr
0.66	ESHA	ESH Acquisition Corp	Pair Corr
0.83	FDUS	Fidus Investment Corp	Pair Corr
0.78	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.89	COF	Capital One Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.9	DFS	Discover Financial Fiscal Year End 15th of January 2025	Pair Corr
0.85	FRHC	Freedom Holding Corp	Pair Corr
0.89	SYF	Synchrony Financial Fiscal Year End 28th of January 2025	Pair Corr

Moving against Visa Stock

0.53	PWUPW	PowerUp Acquisition Corp	Pair Corr
0.41	EARN	Ellington Residential	Pair Corr
0.37	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.35	BRACU	Broad Capital Acquisition	Pair Corr
0.71	BRKHU	BurTech Acquisition Corp	Pair Corr
0.57	ARR	ARMOUR Residential REIT	Pair Corr
0.51	CIM	Chimera Investment	Pair Corr
0.46	PFTAW	Portage Fintech Acqu	Pair Corr
0.4	EFC	Ellington Financial	Pair Corr
0.36	BRKHW	BurTech Acquisition Corp	Pair Corr
0.83	HRZN	Horizon Technology	Pair Corr
0.8	TWO	Two Harbors Investments	Pair Corr
0.7	PSEC	Prospect Capital	Pair Corr
0.65	WHF	WhiteHorse Finance	Pair Corr
0.45	GROW	US Global Investors	Pair Corr
0.34	PFLT	PennantPark Floating Rate	Pair Corr

Related Correlations Analysis

	AXP	PYPL	COF	UPST	MA	ALLY	SOFI
AXP		0.91	0.92	0.9	0.9	0.14	0.9	AXP
PYPL	0.91		0.87	0.86	0.86	0.04	0.85	PYPL
COF	0.92	0.87		0.95	0.89	0.28	0.96	COF
UPST	0.9	0.86	0.95		0.89	0.29	0.97	UPST
MA	0.9	0.86	0.89	0.89		-0.02	0.9	MA
ALLY	0.14	0.04	0.28	0.29	-0.02		0.22	ALLY
SOFI	0.9	0.85	0.96	0.97	0.9	0.22		SOFI
	AXP	PYPL	COF	UPST	MA	ALLY	SOFI

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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

SOFI	+ 0.97	UPST
SOFI	+ 0.96	COF
UPST	+ 0.95	COF
COF	+ 0.92	AXP
PYPL	+ 0.91	AXP
UPST	+ 0.9	AXP

High negative correlations

ALLY

- 0.02

Risk-Adjusted Indicators

There is a big difference between Visa Stock performing well and Visa 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 Visa'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
AXP	1.23	0.05	0.10	0.16	1.11	(1.34)	2.83	(2.19)	9.79
PYPL	1.38	0.17	0.11	0.28	1.50	(1.51)	3.52	(2.75)	10.05
COF	1.71	0.14	0.23	0.18	1.15	(2.21)	5.23	(2.39)	18.23
UPST	4.07	0.71	0.26	0.33	3.52	(5.30)	7.37	(5.57)	56.41
MA	0.70	0.08	0.06	0.24	0.68	(0.78)	1.70	(1.33)	5.05
ALLY	1.54	(0.29)	0.00	(0.02)	0.00	0.00	2.84	(2.91)	19.33
SOFI	2.51	1.00	0.46	0.67	1.71	(3.19)	7.21	(2.94)	17.87

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