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.
QuickLogic | Build AI portfolio with QuickLogic Stock |
Moving together with QuickLogic Stock
0.74 | MU | Micron Technology | PairCorr |
0.75 | AMD | Advanced Micro Devices Aggressive Push | PairCorr |
0.77 | TSM | Taiwan Semiconductor Aggressive Push | PairCorr |
0.81 | INTC | Intel Earnings Call This Week | PairCorr |
0.79 | MRVL | Marvell Technology Aggressive Push | PairCorr |
0.74 | NVDA | NVIDIA Aggressive Push | PairCorr |
0.73 | NVMI | Nova | PairCorr |
0.79 | OLED | Universal Display | PairCorr |
0.82 | QRVO | Qorvo Inc Sell-off Trend | PairCorr |
0.65 | AMBA | Ambarella | PairCorr |
0.73 | AVGO | Broadcom Aggressive Push | PairCorr |
0.68 | TSEM | Tower Semiconductor | PairCorr |
0.78 | CAMT | Camtek | PairCorr |
0.74 | VRRM | Verra Mobility Corp | PairCorr |
0.74 | ENLV | Enlivex Therapeutics | PairCorr |
0.79 | FRGE | Forge Global Holdings | PairCorr |
0.72 | IBM | International Business Earnings Call This Week | PairCorr |
0.8 | LPL | LG Display Earnings Call This Week | PairCorr |
0.71 | GILT | Gilat Satellite Networks | PairCorr |
0.65 | ITRN | Ituran Location | PairCorr |
0.74 | LITE | Lumentum Holdings | PairCorr |
0.7 | MITK | Mitek Systems Earnings Call This Week | PairCorr |
0.77 | MSFT | Microsoft | PairCorr |
0.61 | NTGR | NETGEAR | PairCorr |
0.66 | QUBT | Quantum Computing Aggressive Push | PairCorr |
0.73 | RDWR | Radware | PairCorr |
0.74 | AAOI | Applied Opt | PairCorr |
Moving against QuickLogic Stock
Related Correlations Analysis
0.35 | 0.38 | 0.9 | 0.85 | 0.76 | 0.54 | SKYT | ||
0.35 | 0.05 | 0.17 | 0.39 | 0.18 | 0.4 | PXLW | ||
0.38 | 0.05 | 0.35 | 0.28 | 0.26 | 0.22 | WBTNF | ||
0.9 | 0.17 | 0.35 | 0.78 | 0.74 | 0.47 | MX | ||
0.85 | 0.39 | 0.28 | 0.78 | 0.78 | 0.54 | AXTI | ||
0.76 | 0.18 | 0.26 | 0.74 | 0.78 | 0.79 | POWI | ||
0.54 | 0.4 | 0.22 | 0.47 | 0.54 | 0.79 | LSCC | ||
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
SKYT | 3.02 | 0.53 | 0.21 | 0.49 | 2.47 | 8.69 | 16.22 | |||
PXLW | 5.38 | 0.78 | 0.14 | 1.51 | 4.60 | 11.70 | 53.83 | |||
WBTNF | 5.41 | 1.17 | 0.12 | (1.21) | 4.97 | 16.38 | 35.98 | |||
MX | 2.42 | 0.63 | 0.19 | 9.83 | 2.07 | 6.29 | 17.85 | |||
AXTI | 4.09 | 0.94 | 0.25 | 0.49 | 3.81 | 10.92 | 33.42 | |||
POWI | 2.01 | 0.10 | 0.07 | 0.20 | 2.11 | 4.58 | 15.27 | |||
LSCC | 2.43 | 0.09 | 0.07 | 0.18 | 2.63 | 5.44 | 21.11 |
QuickLogic Corporate Management
Brian Faith | VP of Worldwide Marketing | Profile | |
Owen Bateman | VP Sales | Profile | |
Elias Nader | Principal CFO | Profile | |
Andrew Chan | CoFounder | Profile |