Camtek Correlations
| CAMT Stock | USD 75.51 0.34 0.45% |
The current 90-days correlation between Camtek and Veeco Instruments is 0.71 (i.e., Poor diversification). The correlation of Camtek 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Camtek Correlation With Market
Weak diversification
The correlation between Camtek and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Camtek and DJI in the same portfolio, assuming nothing else is changed.
Camtek |
Moving together with Camtek Stock
| 0.76 | VECO | Veeco Instruments | PairCorr |
| 0.76 | FORM | FormFactor | PairCorr |
| 0.74 | SIMO | Silicon Motion Technology | PairCorr |
| 0.69 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Camtek Stock
| 0.33 | EHGO | Eshallgo Class A | PairCorr |
| 0.33 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.76 | T | ATT Inc Aggressive Push | PairCorr |
| 0.58 | WMT | Walmart Aggressive Push | PairCorr |
| 0.39 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.39 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.38 | HD | Home Depot | 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 Camtek Stock performing well and Camtek 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 Camtek'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASYS | 1.91 | (0.06) | 0.00 | 0.19 | 0.00 | 3.76 | 10.29 | |||
| VECO | 1.73 | (0.71) | 0.00 | (0.28) | 0.00 | 3.96 | 12.77 | |||
| ICHR | 2.53 | (0.14) | 0.00 | 0.04 | 3.02 | 4.28 | 21.12 | |||
| ACLS | 2.02 | (0.87) | 0.00 | (0.31) | 0.00 | 3.99 | 14.28 | |||
| COHU | 2.12 | (0.23) | 0.00 | (0.01) | 0.00 | 4.44 | 13.72 | |||
| KLIC | 1.95 | (0.02) | 0.03 | 0.09 | 2.39 | 4.74 | 11.34 | |||
| ENTG | 2.10 | (0.27) | 0.00 | (0.07) | 0.00 | 3.84 | 12.71 | |||
| PLAB | 1.76 | (0.18) | (0.04) | 0.01 | 2.36 | 3.86 | 11.66 | |||
| UCTT | 2.56 | (0.23) | 0.00 | (0.02) | 0.00 | 5.13 | 20.10 |
Camtek Corporate Management
| Orit Dvash | Vice Resources | Profile | |
| Moshe Eisenberg | Chief Officer | Profile | |
| Ramy Langer | Chief Officer | Profile | |
| Shimon Koren | Chief Officer | Profile | |
| Omri Katz | Vice Support | Profile |