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Last Update: 06-Dec-2024, 18:03 CST

NU Correlation Report

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Correlation Plot    ExplainYTD: NU  44.4 %  vs. SPX  27.7 % 
Nu Holdings Ltd. Class A Ordinary Shares

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: HIGH

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.375

-0.388

4.05

-14

-1.9

51.7
* Last 60 market days. NU relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankNU CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.539 Subscribe first then Login to view complete reports now

0.258

-0.862

3.48
2
0.525 Subscribe first then Login to view complete reports now

0.485

-1.258

8.04
3
1
0.523 Subscribe first then Login to view complete reports now

0.441

0.197

4.14
4
1
0.518 Subscribe first then Login to view complete reports now

0.290

-0.213

1.59
5
0.498 PRTA - Prothena Corporation plc

0.549

-0.858

5.61
Least Correlated Non-ETF Securities:
RankNU CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
23
0.000 Subscribe first then Login to view complete reports now

0.257

0.091

1.62
2
27
0.000 Subscribe first then Login to view complete reports now

0.213

-0.245

1.28
3
39
0.000 Subscribe first then Login to view complete reports now

0.299

-1.286

10.30
4
148
0.000 Subscribe first then Login to view complete reports now

0.084

-1.507

6.64
5
170
0.000 XRAY - DENTSPLY SIRONA Inc.

0.296

-0.584

2.81
Most Anti-Correlated Non-ETF Securities:
RankNU CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
1
-0.327 Subscribe first then Login to view complete reports now

0.136

-0.715

5.50
2
1
-0.321 Subscribe first then Login to view complete reports now

-0.132

0.834

-2.39
3
-0.300 Subscribe first then Login to view complete reports now

-0.169

0.121

-3.66
4
-0.294 Subscribe first then Login to view complete reports now

0.234

-0.116

3.10
5
-0.262 PPTA - Perpetua Resources Corp.

-0.100

1.167

-7.27




 

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