Data IO Correlations

The current 90-days correlation between Data IO and Nortech Systems Incorporated is 0.06 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Data IO moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Data IO moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Data IO Correlation With Market

Good diversification

The correlation between Data IO and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Data IO and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Data Stock

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Data Stock

0.71	603936	Bomin Electronics	Pair Corr
0.64	002960	Jade Bird Fire	Pair Corr
0.78	SATLW	Satellogic Warrant	Pair Corr
0.83	000988	Huagong Tech	Pair Corr
0.72	SOLI	Solid State Plc	Pair Corr
0.62	301321	Highbroad Advanced	Pair Corr
0.67	EVLV	Evolv Technologies	Pair Corr

Moving against Data Stock

0.33	300259	Suntront Tech	Pair Corr
0.62	603556	Hexing Electrical	Pair Corr
0.32	002134	Tianjin Printronics	Pair Corr
0.73	300626	Huarui Electrical	Pair Corr
0.57	301045	Talant Optronics	Pair Corr
0.56	001373	Jiangsu Topfly New	Pair Corr
0.54	300862	Anhui Landun Photoel	Pair Corr

Related Correlations Analysis

	NSYS	FCUV	SLNH	SELX	FOXX	BOSC	CREX	ZSPC	LGL	SPPL
NSYS		0.48	0.77	0.75	-0.17	0.6	-0.02	0.89	0.49	0.81	NSYS
FCUV	0.48		0.64	0.38	0.22	0.43	0.32	0.4	0.35	0.68	FCUV
SLNH	0.77	0.64		0.55	-0.03	0.61	0.2	0.72	0.43	0.82	SLNH
SELX	0.75	0.38	0.55		-0.28	0.34	-0.32	0.65	0.57	0.68	SELX
FOXX	-0.17	0.22	-0.03	-0.28		-0.28	0.14	-0.18	-0.21	0.04	FOXX
BOSC	0.6	0.43	0.61	0.34	-0.28		0.22	0.42	0.11	0.5	BOSC
CREX	-0.02	0.32	0.2	-0.32	0.14	0.22		-0.08	-0.36	-0.05	CREX
ZSPC	0.89	0.4	0.72	0.65	-0.18	0.42	-0.08		0.62	0.76	ZSPC
LGL	0.49	0.35	0.43	0.57	-0.21	0.11	-0.36	0.62		0.58	LGL
SPPL	0.81	0.68	0.82	0.68	0.04	0.5	-0.05	0.76	0.58		SPPL
	NSYS	FCUV	SLNH	SELX	FOXX	BOSC	CREX	ZSPC	LGL	SPPL

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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

ZSPC	+ 0.89	NSYS
SPPL	+ 0.82	SLNH
SPPL	+ 0.81	NSYS
SLNH	+ 0.77	NSYS
SPPL	+ 0.76	ZSPC
SELX	+ 0.75	NSYS

High negative correlations

LGL	- 0.36	CREX
CREX	- 0.32	SELX
BOSC	- 0.28	FOXX
FOXX	- 0.28	SELX
LGL	- 0.21	FOXX
ZSPC	- 0.18	FOXX

Risk-Adjusted Indicators

There is a big difference between Data Stock performing well and Data IO 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 Data IO'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
NSYS	2.01	(0.40)	0.00	(0.17)	0.00	0.00	4.02	(4.09)	25.34
FCUV	6.35	(1.17)	0.00	(14.81)	0.00	0.00	14.89	(13.73)	54.82
SLNH	9.25	0.10	0.00	0.03	0.00	0.00	17.32	(14.14)	78.89
SELX	7.49	0.25	0.02	0.78	8.44	(10.71)	10.96	(15.65)	104.21
FOXX	8.72	0.63	0.05	(0.49)	9.04	(13.23)	23.93	(18.10)	101.37
BOSC	2.48	0.00	(0.02)	0.06	3.36	(3.33)	5.21	(5.35)	25.07
CREX	2.75	0.36	0.08	(0.43)	2.57	(4.15)	9.13	(5.28)	23.98
ZSPC	8.12	(1.15)	0.00	(0.24)	0.00	0.00	18.92	(17.52)	57.90
LGL	1.64	(0.25)	0.00	(0.46)	0.00	0.00	3.48	(3.53)	10.59
SPPL	3.98	(0.47)	0.00	(0.65)	0.00	0.00	8.73	(7.69)	23.88

Data IO Corporate Executives

Elected by the shareholders, the Data IO's board of directors comprises two types of representatives: Data IO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Data. The board's role is to monitor Data IO's management team and ensure that shareholders' interests are well served. Data IO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Data IO's outside directors are responsible for providing unbiased perspectives on the board's policies.

Todd Henne	Corporate CFO	Profile
Gerald Ng	CFO, VP	Profile
Joel Hatlen	CFO, VP of Fin., Treasurer and Secretary	Profile
Rajeev Gulati	CTO and VP of Engineering	Profile

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