ChipMOS Technologies Correlations

IMOS Stock

USD 44.66 2.09 4.91%

The current 90-days correlation between ChipMOS Technologies and Aehr Test Systems is 0.16 (i.e., Average diversification). The correlation of ChipMOS Technologies 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.

ChipMOS Technologies Correlation With Market

Significant diversification

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

Build AI portfolio with ChipMOS Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ChipMOS Technologies. 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.

For more information on how to buy ChipMOS Stock please use our How to Invest in ChipMOS Technologies guide.

Moving together with ChipMOS Stock

0.85	MU	Micron Technology Aggressive Push	Pair Corr
0.7	002745	MLS Co	Pair Corr
0.75	603061	JHT Design	Pair Corr
0.83	001270	Zhejiang Chengchang	Pair Corr
0.8	002865	Hainan Drinda Automotive	Pair Corr
0.76	300118	Risen Energy	Pair Corr
0.89	300672	Goke Microelectronics	Pair Corr
0.74	688127	Zhejiang Lante Optics	Pair Corr
0.77	ADI	Analog Devices	Pair Corr
0.82	ASX	ASE Industrial Holding	Pair Corr
0.87	FORM	FormFactor	Pair Corr

Moving against ChipMOS Stock

0.57	WOLF	Wolfspeed Earnings Call This Week	Pair Corr
0.54	NA	Nano Labs	Pair Corr
0.33	PI	Impinj Inc	Pair Corr
0.31	688123	Giantec Semiconductor	Pair Corr
0.85	ARM	Arm Holdings plc	Pair Corr
0.79	GCTS	GCT Semiconductor Holding	Pair Corr
0.74	CAN	Canaan Inc	Pair Corr
0.57	XPER	Xperi Corp	Pair Corr
0.51	AMD	Advanced Micro Devices Aggressive Push	Pair Corr

Related Correlations Analysis

	AEHR	SKYT	ICHR	AOSL	LAES	VTEX	GILT	GDYN	IBTA	WOLF
AEHR		0.46	0.73	0.66	0.59	0.18	0.72	0.01	0.39	0.58	AEHR
SKYT	0.46		0.69	-0.12	-0.2	-0.61	0.78	0.42	-0.29	-0.21	SKYT
ICHR	0.73	0.69		0.53	0.24	-0.16	0.93	0.05	0.16	0.42	ICHR
AOSL	0.66	-0.12	0.53		0.82	0.66	0.44	-0.45	0.77	0.93	AOSL
LAES	0.59	-0.2	0.24	0.82		0.77	0.27	-0.51	0.89	0.78	LAES
VTEX	0.18	-0.61	-0.16	0.66	0.77		-0.17	-0.57	0.84	0.71	VTEX
GILT	0.72	0.78	0.93	0.44	0.27	-0.17		0.06	0.2	0.29	GILT
GDYN	0.01	0.42	0.05	-0.45	-0.51	-0.57	0.06		-0.7	-0.56	GDYN
IBTA	0.39	-0.29	0.16	0.77	0.89	0.84	0.2	-0.7		0.78	IBTA
WOLF	0.58	-0.21	0.42	0.93	0.78	0.71	0.29	-0.56	0.78		WOLF
	AEHR	SKYT	ICHR	AOSL	LAES	VTEX	GILT	GDYN	IBTA	WOLF

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

GILT	+ 0.93	ICHR
WOLF	+ 0.93	AOSL
IBTA	+ 0.89	LAES
IBTA	+ 0.84	VTEX
LAES	+ 0.82	AOSL
GILT	+ 0.78	SKYT

High negative correlations

IBTA	- 0.7	GDYN
VTEX	- 0.61	SKYT
GDYN	- 0.57	VTEX
WOLF	- 0.56	GDYN
GDYN	- 0.51	LAES
GDYN	- 0.45	AOSL

Risk-Adjusted Indicators

There is a big difference between ChipMOS Stock performing well and ChipMOS Technologies 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 ChipMOS Technologies' 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
AEHR	4.10	(0.10)	0.01	0.04	4.95	(4.24)	9.76	(8.64)	27.00
SKYT	5.80	1.01	0.19	0.32	6.01	(6.69)	12.40	(10.23)	48.91
ICHR	3.51	0.38	0.07	0.19	6.98	(3.39)	6.17	(6.57)	36.36
AOSL	2.60	(0.62)	0.00	(0.17)	0.00	0.00	4.89	(6.22)	32.38
LAES	5.35	(0.81)	0.00	(0.14)	0.00	0.00	10.08	(10.17)	35.63
VTEX	1.78	(0.45)	0.00	(0.49)	0.00	0.00	3.58	(4.49)	16.08
GILT	2.72	0.17	0.09	0.12	2.86	(2.98)	6.71	(4.56)	15.78
GDYN	2.43	0.12	0.07	0.13	2.32	(3.01)	5.80	(4.18)	27.74
IBTA	2.54	(0.49)	0.00	(0.16)	0.00	0.00	4.14	(6.44)	33.30
WOLF	3.65	(0.64)	0.00	(0.56)	0.00	0.00	9.02	(7.83)	22.69

ChipMOS Technologies Corporate Management

YuYing Chen	Senior Centre	Profile
G Shen	Deputy Relations	Profile
JingLong Fang	VP	Profile
Silvia Su	VP Officer	Profile
D Tsai	Executive Center	Profile
Guang Chen	Deputy Manager	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