GSI Technology Correlations

GSIT Stock

USD 7.83 1.12 16.69%

Rolling correlation with major benchmarks shows how the stock's diversification benefit shifts over time. The current 90-days correlation between GSI Technology and Aeluma is 0.37 (i.e., Moderate diversification).

Market Correlation - GSI Technology

Moderate diversification

The correlation between GSI Technology and Dow Jones is 0.28, which Macroaxis classifies as Moderate diversification for the selected horizon. The overlap area shows the portion of risk diversified away by holding both instruments together.

GSI Technology has a market cap of 283.34 M, an operating margin of -113.66% on a trailing twelve-month basis, compared to -58.0% in the last reported annual period, current ratio of 6.92. Position sizing depends on both risk tolerance and the weight of correlated holdings. Broader economic conditions can influence GSI Technology's company valuation - related indicators include signals in gross domestic product.

Exploring GSI Stock for the first time? Start with our How to Buy GSI Stock step-by-step guide. It provides a clear overview of how to add GSI Technology to your portfolio. It is a useful companion to the data and analysis available for GSI Stock.

Moving Against GSI Stock

0.48	GCTS	GCT Semiconductor Holding	Pair Corr
0.38	OIA	AOI Electronics	Pair Corr
0.56	TOW	Tower Semiconductor	Pair Corr
0.54	S92	SMA Solar Technology	Pair Corr
0.56	TSEM	Tower Semiconductor	Pair Corr
0.34	SLAB	Silicon Laboratories	Pair Corr

Related Correlations Analysis

	ALMU	XPER	DGXX	NVEC	OCFT	MRAM	GPRO	ALTS	PAYS	BKTI
ALMU		0.48	0.74	0.34	-0.23	0.67	0.69	0.26	-0.11	0.33	ALMU
XPER	0.48		0.79	0.79	0.58	0.37	0.53	-0.31	0.53	0.66	XPER
DGXX	0.74	0.79		0.7	0.18	0.62	0.75	0.01	0.26	0.57	DGXX
NVEC	0.34	0.79	0.7		0.63	0.49	0.58	-0.41	0.7	0.75	NVEC
OCFT	-0.23	0.58	0.18	0.63		-0.19	-0.08	-0.77	0.82	0.5	OCFT
MRAM	0.67	0.37	0.62	0.49	-0.19		0.87	0.46	0.17	0.3	MRAM
GPRO	0.69	0.53	0.75	0.58	-0.08	0.87		0.32	0.31	0.34	GPRO
ALTS	0.26	-0.31	0.01	-0.41	-0.77	0.46	0.32		-0.51	-0.49	ALTS
PAYS	-0.11	0.53	0.26	0.7	0.82	0.17	0.31	-0.51		0.4	PAYS
BKTI	0.33	0.66	0.57	0.75	0.5	0.3	0.34	-0.49	0.4		BKTI
	ALMU	XPER	DGXX	NVEC	OCFT	MRAM	GPRO	ALTS	PAYS	BKTI

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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

GPRO	+ 0.87	MRAM
PAYS	+ 0.82	OCFT
DGXX	+ 0.79	XPER
NVEC	+ 0.79	XPER
GPRO	+ 0.75	DGXX
BKTI	+ 0.75	NVEC

High negative correlations

ALTS	- 0.77	OCFT
PAYS	- 0.51	ALTS
BKTI	- 0.49	ALTS
ALTS	- 0.41	NVEC
ALTS	- 0.31	XPER
OCFT	- 0.23	ALMU

Risk-Adjusted Indicators

Strong recent returns in GSI Stock do not always mean GSI Technology Company is outperforming peers on business quality. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
ALMU	5.60	0.38	0.06	0.22	5.60	-6.52	16.62	-8.40	54.36
XPER	2.11	0.16	0.05	0.12	2.87	-2.16	4.20	-4.90	11.08
DGXX	4.68	0.35	0.05	0.11	6.11	-5.03	11.63	-9.12	30.28
NVEC	1.94	0.33	0.13	0.26	2.30	-2.09	3.50	-2.76	19.14
OCFT	0.57	0.10	0.12	0.56	0.52	-0.79	1.55	-1.11	4.57
MRAM	3.82	-0.08	0.00	-0.03	0.00	0.00	7.72	-7.59	25.01
GPRO	5.47	0.31	0.05	0.13	6.20	-6.77	14.93	-8.25	44.00
ALTS	4.95	-1.37	0.00	-0.77	0.00	0.00	10.39	-10.24	36.73
PAYS	3.44	0.68	0.21	0.41	2.98	-4.59	8.26	-5.29	44.13
BKTI	2.49	0.18	0.06	0.12	3.09	-2.68	5.09	-6.50	16.63

GSI Technology Corporate Management

Patrick Chuang	Senior Vice President of Memory Design	Profile
Ping Wu	VP of U.S. Operations	Profile
Didier Lasserre	Vice President of Sales	Profile
Douglas CPA	Chief Officer	Profile