F5 Networks Correlations
| FFIV Stock | MXN 3,169 0.00 0.00% |
The correlation of F5 Networks 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as F5 Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if F5 Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Significant diversification
The correlation between F5 Networks and NYA is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding F5 Networks and NYA in the same portfolio, assuming nothing else is changed.
FFIV |
The ability to find closely correlated positions to F5 Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace F5 Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back F5 Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling F5 Networks to buy it.
Moving against FFIV Stock
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between FFIV Stock performing well and F5 Networks 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 F5 Networks' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CTSH | 0.43 | (0.23) | 0.00 | 1.49 | 0.00 | 0.00 | 10.88 | |||
| MNST | 0.52 | (0.04) | 0.00 | 0.14 | 0.00 | 1.32 | 16.02 | |||
| SMSNN | 0.53 | (0.01) | 0.00 | 0.09 | 0.00 | 0.03 | 20.58 | |||
| CVS | 1.11 | (0.12) | 0.00 | 1.84 | 0.00 | 2.18 | 10.17 | |||
| PRU | 0.32 | 0.14 | 0.00 | 2.35 | 0.00 | 0.00 | 10.65 | |||
| TSMN | 2.01 | 0.30 | 0.11 | (0.57) | 1.87 | 4.83 | 13.09 | |||
| DBN | 1.12 | 0.29 | 0.07 | 0.56 | 1.32 | 4.11 | 8.81 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in F5 Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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F5 Networks Corporate Directors
F5 Networks corporate directors refer to members of a F5 Networks board of directors. The board of directors generally takes responsibility for the F5 Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of F5 Networks' board members must vote for the resolution. The F5 Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jonathan Chadwick | Independent Director | Profile | |
| Deborah Bevier | Independent Director | Profile | |
| Peter Klein | Independent Director | Profile | |
| Marie Myers | Independent Director | Profile |
Already Invested in F5 Networks?
The danger of trading F5 Networks is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of F5 Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than F5 Networks. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile F5 Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether F5 Networks is a strong investment it is important to analyze F5 Networks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact F5 Networks' future performance. For an informed investment choice regarding FFIV Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in F5 Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy FFIV Stock please use our How to Invest in F5 Networks guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for FFIV Stock analysis
When running F5 Networks' price analysis, check to measure F5 Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy F5 Networks is operating at the current time. Most of F5 Networks' value examination focuses on studying past and present price action to predict the probability of F5 Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move F5 Networks' price. Additionally, you may evaluate how the addition of F5 Networks to your portfolios can decrease your overall portfolio volatility.
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