Ambarella Correlations

AMBA Stock

USD 68.73 4.13 6.39%

The current 90-days correlation between Ambarella and IPG Photonics is 0.49 (i.e., Very weak diversification). The correlation of Ambarella 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.

Ambarella Correlation With Market

Weak diversification

The correlation between Ambarella and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ambarella and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Ambarella Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ambarella. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For information on how to trade Ambarella Stock refer to our How to Trade Ambarella Stock guide.

Moving together with Ambarella Stock

0.65	NA	Nano Labs	Pair Corr
0.63	AMD	Advanced Micro Devices Aggressive Push	Pair Corr
0.72	ARM	Arm Holdings plc	Pair Corr

Moving against Ambarella Stock

0.73	ON	ON Semiconductor	Pair Corr
0.72	688127	Zhejiang Lante Optics	Pair Corr
0.7	001270	Zhejiang Chengchang	Pair Corr
0.6	MU	Micron Technology Buyout Trend	Pair Corr
0.59	300672	Goke Microelectronics	Pair Corr
0.57	SPRQ	Sparq Systems	Pair Corr
0.55	002745	MLS Co	Pair Corr
0.55	4DS	4DS Memory	Pair Corr
0.54	603061	JHT Design	Pair Corr
0.54	002865	Hainan Drinda Automotive	Pair Corr
0.54	300118	Risen Energy	Pair Corr
0.52	688313	Henan Shijia Photons	Pair Corr
0.47	VECO	Veeco Instruments	Pair Corr
0.45	300474	Changsha Jingjia Mic	Pair Corr
0.39	ENTG	Entegris Tech Boost	Pair Corr
0.35	603986	GigaDevice SemiconductorBei	Pair Corr
0.86	ADI	Analog Devices	Pair Corr
0.81	ICG	Intchains Group Tech Boost	Pair Corr
0.78	TRT	Trio Tech International	Pair Corr
0.77	601133	BOTH Engineering Tec	Pair Corr
0.76	TXN	Texas Instruments	Pair Corr
0.76	UMC	United Microelectronics	Pair Corr
0.76	688110	Dosilicon	Pair Corr
0.68	MXL	MaxLinear	Pair Corr

Related Correlations Analysis

	IPGP	SLAB	SIMO	SYNA	GBTG	NIQ	COMM	NVTS	FORM	VRRM
IPGP		0.06	0.15	-0.13	0.32	-0.74	-0.51	0.68	-0.42	0.53	IPGP
SLAB	0.06		0.76	0.94	0.64	0.52	0.37	0.27	0.59	0.14	SLAB
SIMO	0.15	0.76		0.75	0.46	0.29	0.03	0.36	0.59	0.34	SIMO
SYNA	-0.13	0.94	0.75		0.49	0.64	0.52	0.06	0.77	-0.05	SYNA
GBTG	0.32	0.64	0.46	0.49		0.05	0.03	0.47	0.08	0.44	GBTG
NIQ	-0.74	0.52	0.29	0.64	0.05		0.68	-0.44	0.68	-0.41	NIQ
COMM	-0.51	0.37	0.03	0.52	0.03	0.68		-0.63	0.64	-0.71	COMM
NVTS	0.68	0.27	0.36	0.06	0.47	-0.44	-0.63		-0.4	0.8	NVTS
FORM	-0.42	0.59	0.59	0.77	0.08	0.68	0.64	-0.4		-0.42	FORM
VRRM	0.53	0.14	0.34	-0.05	0.44	-0.41	-0.71	0.8	-0.42		VRRM
	IPGP	SLAB	SIMO	SYNA	GBTG	NIQ	COMM	NVTS	FORM	VRRM

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

SYNA	+ 0.94	SLAB
VRRM	+ 0.8	NVTS
FORM	+ 0.77	SYNA
SIMO	+ 0.76	SLAB
SYNA	+ 0.75	SIMO
NVTS	+ 0.68	IPGP

High negative correlations

NIQ	- 0.74	IPGP
VRRM	- 0.71	COMM
NVTS	- 0.63	COMM
COMM	- 0.51	IPGP
NVTS	- 0.44	NIQ
VRRM	- 0.42	FORM

Risk-Adjusted Indicators

There is a big difference between Ambarella Stock performing well and Ambarella 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 Ambarella'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
IPGP	1.79	(0.16)	(0.04)	(0.01)	2.45	(1.74)	3.62	(4.00)	12.41
SLAB	1.77	0.05	0.06	0.12	1.78	(1.98)	4.55	(2.94)	11.01
SIMO	2.37	0.31	0.11	0.33	2.64	(2.63)	4.40	(5.47)	23.47
SYNA	2.27	0.28	0.17	0.20	2.10	(2.54)	7.07	(3.88)	14.32
GBTG	1.88	(0.22)	0.00	(0.03)	0.00	0.00	3.82	(4.08)	13.45
NIQ	2.17	0.27	0.12	0.36	2.05	(2.68)	4.93	(3.20)	10.33
COMM	1.99	0.33	0.11	0.64	2.44	(2.16)	4.14	(4.01)	15.17
NVTS	5.47	(0.31)	(0.01)	0.01	6.35	(6.07)	16.64	(10.34)	35.22
FORM	3.08	0.94	0.32	0.60	2.57	(3.72)	6.53	(4.63)	32.46
VRRM	1.03	(0.17)	0.00	(0.18)	0.00	0.00	2.25	(2.58)	7.22

Ambarella Corporate Management

John Young	Chief Officer	Profile
Amee OrozcoGuiriba	Vice Resources	Profile
Chan Lee	Chief Officer	Profile
Michael Morehead	General Secretary	Profile
Alberto Broggi	General VisLab	Profile
ChiHong Ju	Senior Centers	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