Arm Holdings Correlations
| ARM Stock | 147.60 1.87 1.25% |
The current 90-days correlation between Arm Holdings plc and PROG Holdings is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Arm Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Arm Holdings plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Arm Holdings Correlation With Market
Average diversification
The correlation between Arm Holdings plc and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Arm Holdings plc and DJI in the same portfolio, assuming nothing else is changed.
Arm |
Moving together with Arm Stock
| 0.82 | KLAC | KLA Tencor Earnings Call Tomorrow | PairCorr |
| 0.81 | LRCX | Lam Research Corp | PairCorr |
| 0.62 | NVMI | Nova | PairCorr |
| 0.7 | AMAT | Applied Materials | PairCorr |
Moving against Arm Stock
Related Correlations Analysis
| 0.02 | -0.5 | -0.25 | -0.29 | -0.11 | MWG | ||
| 0.02 | 0.26 | 0.37 | 0.55 | -0.29 | WLFC | ||
| -0.5 | 0.26 | 0.48 | 0.58 | 0.33 | PRG | ||
| -0.25 | 0.37 | 0.48 | 0.67 | -0.01 | NLOP | ||
| -0.29 | 0.55 | 0.58 | 0.67 | -0.32 | CTOS | ||
| -0.11 | -0.29 | 0.33 | -0.01 | -0.32 | MOLN | ||
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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
There is a big difference between Arm Stock performing well and Arm Holdings 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 Arm Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MWG | 3.22 | 0.13 | 0.02 | 0.43 | 3.17 | 8.33 | 25.68 | |||
| WLFC | 2.70 | 0.12 | 0.01 | (0.30) | 3.79 | 5.71 | 33.51 | |||
| PRG | 1.45 | (0.02) | (0.03) | 0.01 | 2.01 | 2.35 | 14.99 | |||
| NLOP | 1.36 | 0.03 | (0.01) | 0.17 | 1.52 | 2.53 | 7.03 | |||
| CTOS | 2.44 | 0.67 | 0.24 | 0.63 | 1.99 | 8.95 | 20.86 | |||
| MOLN | 3.46 | (0.04) | 0.00 | (0.10) | 0.00 | 8.43 | 23.47 |
Arm Holdings Corporate Management
| Tamika Smith | Senior Officer | Profile | |
| Spencer Collins | Executive Officer | Profile | |
| Drew Henry | Executive Ecosystem | Profile | |
| Ami Badani | Chief Officer | Profile | |
| Kirsty Gill | Executive Officer | Profile |