Bel Fuse Correlations
| BELFB Stock | USD 77.15 1.82 2.42% |
The current 90-days correlation between Bel Fuse B and Benchmark Electronics is 0.52 (i.e., Very weak diversification). The correlation of Bel Fuse 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.
Bel Fuse Correlation With Market
Poor diversification
The correlation between Bel Fuse B and DJI is 0.63 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bel Fuse B and DJI in the same portfolio, assuming nothing else is changed.
Bel |
Moving together with Bel Stock
| 0.7 | CSCO | Cisco Systems | PairCorr |
| 0.82 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.73 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.71 | HPQ | HP Inc | PairCorr |
| 0.75 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.73 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.75 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.91 | HD | Home Depot | PairCorr |
Moving against Bel Stock
| 0.62 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.44 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.35 | PG | Procter Gamble | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Bel Stock performing well and Bel Fuse 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 Bel Fuse'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BHE | 1.68 | (0.02) | 0.05 | 0.09 | 1.79 | 3.32 | 13.28 | |||
| MEI | 2.78 | (0.43) | 0.00 | (0.02) | 0.00 | 7.58 | 18.54 | |||
| RELL | 1.46 | 0.18 | 0.14 | 0.24 | 1.22 | 3.38 | 11.38 | |||
| PLXS | 1.40 | 0.19 | 0.17 | 0.20 | 1.21 | 3.38 | 12.92 | |||
| BELFA | 1.42 | 0.01 | 0.03 | 0.11 | 1.45 | 2.71 | 17.70 | |||
| OSIS | 1.52 | 0.06 | 0.06 | 0.14 | 1.76 | 3.86 | 12.11 | |||
| SANM | 1.49 | 0.00 | 0.06 | 0.10 | 1.49 | 2.44 | 15.90 | |||
| CTS | 1.55 | (0.07) | 0.03 | 0.07 | 1.65 | 3.28 | 15.09 | |||
| VIAO | 20.35 | 1.38 | 0.10 | 0.19 | 19.78 | 66.67 | 232.14 |
Bel Fuse Corporate Management
| Steve Dawson | VP Protection | Profile | |
| Uma Pingali | Global Marketing | Profile | |
| Sherry Urban | VP HR | Profile | |
| Lynn Hutkin | Principal Reporting | Profile | |
| Farouq Tuweiq | Principal CFO | Profile | |
| Ping Gencianeo | Global Director | Profile |