Correlation Between QuickLogic and Peraso

Can any of the company-specific risk be diversified away by investing in both QuickLogic and Peraso 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 QuickLogic and Peraso into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between QuickLogic and Peraso Inc, you can compare the effects of market volatilities on QuickLogic and Peraso 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 QuickLogic with a short position of Peraso. Check out your portfolio center. Please also check ongoing floating volatility patterns of QuickLogic and Peraso.

Diversification Opportunities for QuickLogic and Peraso

0.09

Correlation Coefficient

QuickLogic  Peraso

Significant diversification

The 3 months correlation between QuickLogic and Peraso is 0.09. Overlapping area represents the amount of risk that can be diversified away by holding QuickLogic and Peraso Inc in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Peraso Inc and QuickLogic 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 QuickLogic are associated (or correlated) with Peraso. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Peraso Inc has no effect on the direction of QuickLogic i.e., QuickLogic and Peraso go up and down completely randomly.

Pair Corralation between QuickLogic and Peraso

Given the investment horizon of 90 days QuickLogic is expected to generate 6.81 times less return on investment than Peraso. But when comparing it to its historical volatility, QuickLogic is 2.33 times less risky than Peraso. It trades about 0.02 of its potential returns per unit of risk. Peraso Inc is currently generating about 0.05 of returns per unit of risk over similar time horizon. If you would invest  109.00  in Peraso Inc on June 29, 2025 and sell it today you would earn a total of  12.00  from holding Peraso Inc or generate 11.01% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

QuickLogic  vs.  Peraso Inc

QuickLogic

Risk-Adjusted Performance

Weak

Compared to the overall equity markets, risk-adjusted returns on investments in QuickLogic are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent forward indicators, QuickLogic is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors.

Peraso Inc

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in Peraso Inc are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Peraso displayed solid returns over the last few months and may actually be approaching a breakup point.

Pair Trading with QuickLogic and Peraso

The main advantage of trading using opposite QuickLogic and Peraso positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if QuickLogic position performs unexpectedly, Peraso 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 Peraso will offset losses from the drop in Peraso's long position.

The idea behind QuickLogic and Peraso Inc 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..