F5 Networks Correlations

FFIV Stock

USD 275.61 6.92 2.45%

The current 90-days correlation between F5 Networks and Joint Stock is 0.23 (i.e., Modest diversification). The correlation of F5 Networks 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.

F5 Networks Correlation With Market

Very poor diversification

The correlation between F5 Networks and DJI is 0.81 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding F5 Networks and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with FFIV Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in F5 Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

For more information on how to buy FFIV Stock please use our How to Invest in F5 Networks guide.

Moving together with FFIV Stock

0.73	1RN	NuRAN Wireless Split	Pair Corr
0.69	ET	Evertz Technologies	Pair Corr
0.71	1RNA	NURAN WIRELESS INC Split	Pair Corr
0.65	CEK	CeoTronics AG	Pair Corr
0.79	A59	Applied Optoelectronics	Pair Corr
0.66	FHRT	First Hartford	Pair Corr
0.69	LIN	Linde plc Ordinary Earnings Call This Week	Pair Corr
0.71	SPGX	Sustainable Projects	Pair Corr
0.61	WMT	Walmart Common Stock	Pair Corr
0.73	AA	Alcoa Corp	Pair Corr

Moving against FFIV Stock

0.52	96W	MAVEN WIRELESS SWEDEN	Pair Corr
0.53	T	ATT Inc Earnings Call This Week	Pair Corr
0.43	MMM	3M Company	Pair Corr

Related Correlations Analysis

	KSPI	GEN	RBRK	OKTA	DT	KLAR	AKAM	DOCU	GDDY	CPAY
KSPI		0.12	-0.02	0.67	-0.5	-0.42	0.41	-0.19	-0.5	0.78	KSPI
GEN	0.12		0.75	0.12	0.34	0.23	-0.19	0.68	0.55	0.1	GEN
RBRK	-0.02	0.75		0.22	0.47	0.37	-0.41	0.64	0.57	-0.03	RBRK
OKTA	0.67	0.12	0.22		-0.16	-0.01	0.05	-0.05	-0.36	0.55	OKTA
DT	-0.5	0.34	0.47	-0.16		0.9	-0.81	0.81	0.88	-0.78	DT
KLAR	-0.42	0.23	0.37	-0.01	0.9		-0.78	0.71	0.74	-0.69	KLAR
AKAM	0.41	-0.19	-0.41	0.05	-0.81	-0.78		-0.71	-0.71	0.69	AKAM
DOCU	-0.19	0.68	0.64	-0.05	0.81	0.71	-0.71		0.89	-0.46	DOCU
GDDY	-0.5	0.55	0.57	-0.36	0.88	0.74	-0.71	0.89		-0.69	GDDY
CPAY	0.78	0.1	-0.03	0.55	-0.78	-0.69	0.69	-0.46	-0.69		CPAY
	KSPI	GEN	RBRK	OKTA	DT	KLAR	AKAM	DOCU	GDDY	CPAY

Please upgrade your account to get full access to Macroaxis premium features

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

KLAR	+ 0.9	DT
GDDY	+ 0.89	DOCU
GDDY	+ 0.88	DT
DOCU	+ 0.81	DT
CPAY	+ 0.78	KSPI
RBRK	+ 0.75	GEN

High negative correlations

AKAM	- 0.81	DT
AKAM	- 0.78	KLAR
CPAY	- 0.78	DT
GDDY	- 0.71	AKAM
DOCU	- 0.71	AKAM
CPAY	- 0.69	GDDY

Risk-Adjusted Indicators

There is a big difference between FFIV Stock performing well and F5 Networks 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 F5 Networks' 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
KSPI	1.42	(0.04)	(0.03)	(0.01)	1.57	(1.62)	3.31	(2.58)	8.44
GEN	1.08	(0.19)	0.00	(0.18)	0.00	0.00	2.03	(3.23)	7.70
RBRK	2.69	(0.47)	0.00	(0.33)	0.00	0.00	4.04	(6.37)	31.36
OKTA	1.48	(0.12)	0.00	(0.09)	0.00	0.00	3.85	(3.27)	11.03
DT	1.46	(0.43)	0.00	(0.91)	0.00	0.00	2.62	(3.61)	11.08
KLAR	2.66	(0.86)	0.00	(0.31)	0.00	0.00	4.76	(6.00)	13.05
AKAM	1.90	0.37	0.19	0.35	1.70	(2.18)	4.04	(3.43)	18.87
DOCU	1.95	(0.47)	0.00	(0.54)	0.00	0.00	3.08	(4.99)	12.28
GDDY	1.17	(0.43)	0.00	(0.68)	0.00	0.00	1.77	(3.27)	9.52
CPAY	1.63	0.11	0.06	0.11	1.89	(1.80)	3.76	(3.06)	11.04

F5 Networks Corporate Management

Scot Rogers	Executive VP, General Counsel and Assistant Secretary	Profile
Scot JD	General VP	Profile
Thomas Fountain	Executive Officer	Profile
Lyra Schramm	Executive Officer	Profile
Adam Judd	China Pacific	Profile
Chad Esq	Executive Officer	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC