Analog Devices Correlations
| ANL Stock | EUR 337.30 -7.05 -2.05% |
Low or negative correlation with other holdings can meaningfully reduce portfolio drawdowns during market stress. The current 90-days correlation between Analog Devices and CHINA FOODS UNSPADR20 is 0.23 (i.e., Moderate diversification).
Correlation to Market: Analog Devices
Weak diversification
The correlation between Analog Devices and Dow Jones is 0.56, which Macroaxis classifies as Weak diversification for the selected horizon. A 0.56 reading means Analog Devices and Dow Jones have partial price overlap, providing moderate risk reduction when paired.
Analog Devices |
The correlation structure for Analog Devices captures its relationship with related exposures. Substantially identical replacement restrictions may apply under certain wash sale rules.
Moving Against Analog Devices Stock
| 0.81 | BZG2 | BANK CENTRAL ASIA | PairCorr |
| 0.77 | BZG2 | BANK CENTRAL ASIA | PairCorr |
| 0.7 | BZG2 | PT Bank Central | PairCorr |
| 0.63 | BZG | PT BK CEASADR25 | PairCorr |
| 0.51 | BYRA | PT Bank Rakyat | PairCorr |
| 0.47 | BYR | PT Bank Rakyat | PairCorr |
| 0.45 | BYRA | PT Bank Rakyat | PairCorr |
| 0.43 | DBPD | Xtrackers ShortDAX | PairCorr |
Related Correlations Analysis
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
| High negative correlations
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Risk-Adjusted Indicators
Return momentum in Analog Devices Stock is more useful when tested against peer-relative fundamentals and risk. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CFH0 | 1.24 | -0.28 | 0.00 | 0.65 | 0.00 | 2.55 | 8.07 | |||
| 472 | 1.55 | 0.12 | 0.05 | 0.55 | 2.30 | 3.04 | 13.55 | |||
| CHWD | 0.69 | 0.04 | 0.02 | -14.89 | 0.97 | 1.67 | 6.65 | |||
| HO7 | 1.25 | -0.19 | 0.00 | -1.98 | 0.00 | 1.96 | 9.19 | |||
| CQD | 2.56 | -0.07 | 0.00 | -16.95 | 0.00 | 4.43 | 40.96 | |||
| KMBA | 2.73 | 0.50 | 0.19 | 1.75 | 2.29 | 8.20 | 21.62 | |||
| AZU | 0.99 | 0.01 | 0.00 | 0.04 | 1.46 | 2.03 | 7.73 | |||
| DFA1 | 2.01 | 0.16 | 0.07 | -3.25 | 2.08 | 4.85 | 15.30 |
Be Your Own Money Manager
Portfolio optimization matters because investors need a repeatable way to decide whether adding Analog Devices improves expected return without taking on disproportionate risk. When applied, optimization turns position sizing and rebalancing into measurable decisions rather than guesswork.
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Analog Devices Corporate Management
The leadership structure of Analog Devices reveals who sets direction, approves budgets, and monitors management performance. In practice, governance review frames whether strategic control is paired with enough accountability and independent perspective.
| Vivek Jain | Executive Vice President of Global Operations & Technology | Profile | |
| Martin Cotter | Senior Vice President of Vertical Business Units & President of ADI EMEA | Profile | |
| Joseph Hassett | VP Bus | Profile | |
| Gregory Henderson | Energy, Automotive | Profile |