QuickLogic Correlations

QUIK Stock  USD 6.14  0.11  1.76%   
The current 90-days correlation between QuickLogic and Pixelworks is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as QuickLogic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QuickLogic moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

QuickLogic Correlation With Market

Weak diversification

The correlation between QuickLogic and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding QuickLogic and DJI in the same portfolio, assuming nothing else is changed.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuickLogic. 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.
For more information on how to buy QuickLogic Stock please use our How to buy in QuickLogic Stock guide.

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Moving against QuickLogic Stock

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between QuickLogic Stock performing well and QuickLogic 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 QuickLogic'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.

QuickLogic Corporate Management

Brian FaithVP of Worldwide MarketingProfile
Owen BatemanVP SalesProfile
Elias NaderPrincipal CFOProfile
Andrew ChanCoFounderProfile