FormFactor Correlations

FORM Stock

USD 40.78 1.12 2.82%

The current 90-days correlation between FormFactor and Silicon Laboratories is 0.75 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as FormFactor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if FormFactor moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

FormFactor Correlation With Market

Very weak diversification

The correlation between FormFactor and DJI is 0.54 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FormFactor and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FormFactor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

To learn how to invest in FormFactor Stock, please use our How to Invest in FormFactor guide.

Moving together with FormFactor Stock

0.71	ENPH	Enphase Energy	Pair Corr
0.87	ACLS	Axcelis Technologies	Pair Corr
0.9	AMKR	Amkor Technology	Pair Corr
0.79	SEDG	SolarEdge Technologies	Pair Corr
0.75	VRRM	Verra Mobility Corp	Pair Corr
0.76	ARW	Arrow Electronics	Pair Corr
0.81	CDW	CDW Corp	Pair Corr
0.61	VHC	VirnetX Holding Corp	Pair Corr

Moving against FormFactor Stock

0.62	GB	Global Blue Group Earnings Call Tomorrow	Pair Corr
0.57	ZM	Zoom Video Communications Earnings Call This Week	Pair Corr
0.53	ZD	Ziff Davis	Pair Corr
0.34	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.64	NOW	ServiceNow Fiscal Year End 22nd of January 2025	Pair Corr
0.49	EVCM	EverCommerce	Pair Corr
0.49	CRM	Salesforce Earnings Call This Week	Pair Corr
0.48	EBON	Ebang International	Pair Corr
0.47	ENFN	Enfusion	Pair Corr
0.44	ANY	Sphere 3D Corp	Pair Corr
0.34	NET	Cloudflare Buyout Trend	Pair Corr

Related Correlations Analysis

	SLAB	DIOD	MTSI	AMKR	POWI	MXL	CRUS	MX	CEVA
SLAB		0.79	-0.14	0.76	0.57	-0.04	0.46	0.71	-0.27	SLAB
DIOD	0.79		-0.26	0.77	0.65	-0.34	0.7	0.71	-0.37	DIOD
MTSI	-0.14	-0.26		-0.57	0.44	0.55	-0.77	-0.61	0.86	MTSI
AMKR	0.76	0.77	-0.57		0.25	-0.32	0.83	0.88	-0.53	AMKR
POWI	0.57	0.65	0.44	0.25		0.01	0.05	0.13	0.24	POWI
MXL	-0.04	-0.34	0.55	-0.32	0.01		-0.47	-0.36	0.46	MXL
CRUS	0.46	0.7	-0.77	0.83	0.05	-0.47		0.78	-0.69	CRUS
MX	0.71	0.71	-0.61	0.88	0.13	-0.36	0.78		-0.67	MX
CEVA	-0.27	-0.37	0.86	-0.53	0.24	0.46	-0.69	-0.67		CEVA
	SLAB	DIOD	MTSI	AMKR	POWI	MXL	CRUS	MX	CEVA

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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

MX	+ 0.88	AMKR
CEVA	+ 0.86	MTSI
CRUS	+ 0.83	AMKR
DIOD	+ 0.79	SLAB
MX	+ 0.78	CRUS
AMKR	+ 0.77	DIOD

High negative correlations

CRUS	- 0.77	MTSI
CEVA	- 0.69	CRUS
CEVA	- 0.67	MX
MX	- 0.61	MTSI
AMKR	- 0.57	MTSI
CEVA	- 0.53	AMKR

Risk-Adjusted Indicators

There is a big difference between FormFactor Stock performing well and FormFactor 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 FormFactor'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
SLAB	2.08	(0.30)	0.00	(0.02)	0.00	0.00	3.99	(4.19)	14.95
DIOD	2.25	(0.43)	0.00	(0.11)	0.00	0.00	3.96	(4.41)	15.29
MTSI	2.07	0.17	0.09	0.19	2.39	(2.32)	5.00	(3.42)	17.09
AMKR	1.99	(0.53)	0.00	(0.15)	0.00	0.00	3.95	(4.84)	13.56
POWI	1.89	(0.22)	0.00	(0.03)	0.00	0.00	3.85	(3.33)	11.40
MXL	3.31	0.03	0.06	0.09	4.18	(3.66)	8.45	(6.75)	27.68
CRUS	1.79	(0.58)	0.00	(0.44)	0.00	0.00	2.25	(5.64)	11.43
MX	1.68	(0.45)	0.00	(3.19)	0.00	0.00	3.36	(3.81)	17.81
CEVA	2.03	0.16	0.09	0.21	1.95	(2.59)	3.48	(3.89)	20.17

FormFactor Corporate Management

Christy Robertson	Secretary	Profile
Aliza Scott	Chief Officer	Profile
Shai Shahar	Chief Officer	Profile
Sudhakar Raman	Senior Unit	Profile
Sergio Loureiro	Senior Operations	Profile
Chunyi Leong	VP Officer	Profile

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