Power Solutions Correlations

PSIX Stock

USD 77.66 0.76 0.99%

The current 90-days correlation between Power Solutions Inte and Enerpac Tool Group is 0.23 (i.e., Modest diversification). The correlation of Power Solutions 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.

Power Solutions Correlation With Market

Weak diversification

The correlation between Power Solutions International and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Power Solutions International and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Power Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Power Stock

0.83	NNE	Nano Nuclear Energy Downward Rally	Pair Corr
0.69	601218	Jiangsu SINOJIT Wind	Pair Corr
0.72	603050	Shijiazhuang Kelin Elec	Pair Corr
0.66	POLA	Polar Power Buyout Trend	Pair Corr
0.68	300153	Shanghai Cooltech Power	Pair Corr
0.63	600406	NARI Technology	Pair Corr
0.75	603111	Nanjing Kangni Mechanical	Pair Corr

Moving against Power Stock

0.81	300477	Beijing Hezong Scien	Pair Corr
0.56	BW	Babcock Wilcox Enter	Pair Corr
0.63	PPERY	Bank Mandiri Persero Normal Trading	Pair Corr
0.44	300011	Beijing Dinghan Tech	Pair Corr
0.33	BWEN	Broadwind Energy	Pair Corr
0.32	PTAIY	Astra International Tbk	Pair Corr

Related Correlations Analysis

	EPAC	ALG	HLIO	NNE	SBLK	ENOV	DXPE	CYD	HI	BWLP
EPAC		0.76	0.43	0.63	-0.44	0.39	0.74	0.29	-0.32	0.23	EPAC
ALG	0.76		0.77	0.39	-0.11	-0.02	0.83	0.53	0.1	0.5	ALG
HLIO	0.43	0.77		0.04	0.37	-0.4	0.62	0.78	0.52	0.73	HLIO
NNE	0.63	0.39	0.04		-0.57	0.63	0.46	0.04	-0.71	-0.18	NNE
SBLK	-0.44	-0.11	0.37	-0.57		-0.61	-0.25	0.38	0.73	0.47	SBLK
ENOV	0.39	-0.02	-0.4	0.63	-0.61		0.07	-0.32	-0.82	-0.46	ENOV
DXPE	0.74	0.83	0.62	0.46	-0.25	0.07		0.36	0.02	0.37	DXPE
CYD	0.29	0.53	0.78	0.04	0.38	-0.32	0.36		0.38	0.84	CYD
HI	-0.32	0.1	0.52	-0.71	0.73	-0.82	0.02	0.38		0.54	HI
BWLP	0.23	0.5	0.73	-0.18	0.47	-0.46	0.37	0.84	0.54		BWLP
	EPAC	ALG	HLIO	NNE	SBLK	ENOV	DXPE	CYD	HI	BWLP

Please upgrade your account to get full access to Macroaxis premium features

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

BWLP	+ 0.84	CYD
DXPE	+ 0.83	ALG
CYD	+ 0.78	HLIO
HLIO	+ 0.77	ALG
ALG	+ 0.76	EPAC
DXPE	+ 0.74	EPAC

High negative correlations

HI	- 0.82	ENOV
HI	- 0.71	NNE
ENOV	- 0.61	SBLK
SBLK	- 0.57	NNE
BWLP	- 0.46	ENOV
SBLK	- 0.44	EPAC

Risk-Adjusted Indicators

There is a big difference between Power Stock performing well and Power Solutions 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 Power Solutions' 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
EPAC	1.39	(0.07)	(0.03)	0.00	1.96	(1.59)	3.65	(2.53)	13.58
ALG	1.29	(0.02)	(0.01)	0.04	1.41	(1.38)	2.47	(2.08)	7.38
HLIO	1.76	0.18	0.12	0.17	1.70	(1.98)	3.90	(3.11)	9.88
NNE	4.70	(0.75)	0.00	(0.14)	0.00	0.00	9.26	(8.88)	20.96
SBLK	1.37	0.30	0.12	8.95	1.80	(1.45)	3.15	(2.54)	9.64
ENOV	2.32	(0.56)	0.00	(0.18)	0.00	0.00	4.13	(5.64)	17.04
DXPE	2.46	(0.05)	0.01	0.04	4.52	(2.38)	4.42	(4.12)	21.93
CYD	2.37	0.19	0.07	0.25	2.61	(2.56)	6.61	(4.61)	14.47
HI	0.11	0.02	(0.23)	0.56	0.00	(0.14)	0.32	(0.22)	0.99
BWLP	1.56	0.29	0.12	(2.35)	1.61	(1.75)	3.89	(2.78)	8.94

Power Solutions Corporate Management

Xun Li	Chief Officer	Profile
Timothy CPA	Financial Consultant	Profile
Jason Lin	Chief Officer	Profile
Randall Lehner	General Counsel	Profile
Jeremy Lessaris	VP Communications	Profile
Zhaoying Du	General Secretary	Profile
Matthew Thomas	Corporate Controller	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC