Correlation Between Lattice Semiconductor and OSRAM LICHT

Can any of the company-specific risk be diversified away by investing in both Lattice Semiconductor and OSRAM LICHT at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Lattice Semiconductor and OSRAM LICHT into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Lattice Semiconductor and OSRAM LICHT N, you can compare the effects of market volatilities on Lattice Semiconductor and OSRAM LICHT and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Lattice Semiconductor with a short position of OSRAM LICHT. Check out your portfolio center. Please also check ongoing floating volatility patterns of Lattice Semiconductor and OSRAM LICHT.

Diversification Opportunities for Lattice Semiconductor and OSRAM LICHT

0.0

Correlation Coefficient

Lattice Semiconductor  OSRAM LICHT

Pay attention - limited upside

The 3 months correlation between Lattice and OSRAM is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Lattice Semiconductor and OSRAM LICHT N in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on OSRAM LICHT N and Lattice Semiconductor is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Lattice Semiconductor are associated (or correlated) with OSRAM LICHT. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of OSRAM LICHT N has no effect on the direction of Lattice Semiconductor i.e., Lattice Semiconductor and OSRAM LICHT go up and down completely randomly.

Pair Corralation between Lattice Semiconductor and OSRAM LICHT

If you would invest  5,071  in Lattice Semiconductor on May 13, 2025 and sell it today you would earn a total of  159.00  from holding Lattice Semiconductor or generate 3.14% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	1.54%
Values	Daily Returns

Lattice Semiconductor  vs.  OSRAM LICHT N

Lattice Semiconductor

Risk-Adjusted Performance

Weak

Compared to the overall equity markets, risk-adjusted returns on investments in Lattice Semiconductor are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Lattice Semiconductor may actually be approaching a critical reversion point that can send shares even higher in September 2025.

OSRAM LICHT N

Risk-Adjusted Performance

Mild

Over the last 90 days OSRAM LICHT N has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, OSRAM LICHT is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors.

Pair Trading with Lattice Semiconductor and OSRAM LICHT

The main advantage of trading using opposite Lattice Semiconductor and OSRAM LICHT positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Lattice Semiconductor position performs unexpectedly, OSRAM LICHT can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OSRAM LICHT will offset losses from the drop in OSRAM LICHT's long position.

The idea behind Lattice Semiconductor and OSRAM LICHT N pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.