Data IO Correlations
DAIO Stock | USD 3.10 0.14 4.32% |
The current 90-days correlation between Data IO and Deswell Industries is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Data IO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data IO moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Data IO Correlation With Market
Good diversification
The correlation between Data IO and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Data IO and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Data Stock
0.81 | DSWL | Deswell Industries | PairCorr |
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0.92 | HPE | Hewlett Packard Ente | PairCorr |
0.93 | VSH | Vishay Intertechnology Potential Growth | PairCorr |
0.94 | LASR | nLIGHT Inc | PairCorr |
0.92 | NTAP | NetApp Inc | PairCorr |
0.8 | PSTG | Pure Storage | PairCorr |
0.9 | SMCI | Super Micro Computer | PairCorr |
0.88 | BKSY | Blacksky Technology | PairCorr |
0.96 | CSCO | Cisco Systems | PairCorr |
0.94 | DELL | Dell Technologies | PairCorr |
0.7 | DQ | Daqo New Energy Earnings Call This Week | PairCorr |
0.91 | MU | Micron Technology | PairCorr |
0.83 | MX | MagnaChip Semiconductor Earnings Call This Week | PairCorr |
0.94 | ON | ON Semiconductor Earnings Call This Week | PairCorr |
0.72 | VRNT | Verint Systems | PairCorr |
0.65 | VRSN | VeriSign | PairCorr |
0.61 | ENTG | Entegris Earnings Call This Week | PairCorr |
0.91 | ADI | Analog Devices | PairCorr |
0.94 | AMD | Advanced Micro Devices | PairCorr |
0.92 | ARM | Arm Holdings plc Earnings Call This Week | PairCorr |
0.92 | ASX | ASE Industrial Holding Sell-off Trend | PairCorr |
0.91 | FORM | FormFactor Earnings Call This Week | PairCorr |
0.8 | GFS | Globalfoundries | PairCorr |
0.89 | IBM | International Business | PairCorr |
0.69 | LGL | LGL Group | PairCorr |
0.93 | STM | STMicroelectronics NV ADR | PairCorr |
0.93 | TER | Teradyne Earnings Call This Week | PairCorr |
0.62 | TRT | Trio Tech International | PairCorr |
0.97 | TSM | Taiwan Semiconductor | PairCorr |
0.78 | UMC | United Microelectronics Earnings Call This Week | PairCorr |
Moving against Data 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 Data Stock performing well and Data IO 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 Data IO'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
CSPI | 2.94 | (0.43) | 0.00 | (0.43) | 0.00 | 4.76 | 20.20 | |||
DSWL | 1.82 | 0.59 | 0.15 | (2.28) | 1.43 | 5.24 | 13.01 | |||
ELSE | 2.37 | 0.38 | 0.02 | (1.12) | 3.98 | 4.22 | 39.66 | |||
FEIM | 3.45 | 0.65 | 0.14 | 1.12 | 3.92 | 8.15 | 27.35 | |||
LINK | 4.74 | 0.25 | 0.04 | 0.47 | 5.81 | 11.72 | 38.63 | |||
NSYS | 2.67 | 0.24 | (0.01) | (0.71) | 3.50 | 5.38 | 23.21 | |||
OST | 9.08 | 0.50 | 0.00 | 0.11 | 0.00 | 20.00 | 126.44 | |||
SGMA | 5.60 | 3.58 | 0.44 | (0.51) | 2.51 | 11.51 | 131.24 | |||
SMIT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Data IO Corporate Executives
Elected by the shareholders, the Data IO's board of directors comprises two types of representatives: Data IO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Data. The board's role is to monitor Data IO's management team and ensure that shareholders' interests are well served. Data IO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Data IO's outside directors are responsible for providing unbiased perspectives on the board's policies.
Todd Henne | Corporate CFO | Profile | |
Gerald Ng | CFO, VP | Profile | |
Joel Hatlen | CFO, VP of Fin., Treasurer and Secretary | Profile | |
Rajeev Gulati | CTO and VP of Engineering | Profile |