SEALSQ Corp Correlations

LAES Stock

0.47 0.02 4.44%

The current 90-days correlation between SEALSQ Corp and Franklin Wireless Corp is -0.02 (i.e., Good diversification). The correlation of SEALSQ Corp 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.

SEALSQ Corp Correlation With Market

Significant diversification

The correlation between SEALSQ Corp 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 SEALSQ Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SEALSQ Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

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

Moving together with SEALSQ Stock

0.76	ASYS	Amtech Systems Fiscal Year End 12th of December 2024	Pair Corr
0.61	SIMO	Silicon Motion Technology	Pair Corr
0.8	EC	Ecopetrol SA ADR	Pair Corr
0.74	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Moving against SEALSQ Stock

0.6	IPGP	IPG Photonics	Pair Corr
0.59	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.58	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.47	KLIC	Kulicke and Soffa	Pair Corr
0.45	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.45	CWAN	Clearwater Analytics	Pair Corr
0.37	EHGO	Eshallgo Class A	Pair Corr
0.74	T	ATT Inc Sell-off Trend	Pair Corr
0.66	SSNLF	Samsung Electronics	Pair Corr
0.6	HD	Home Depot	Pair Corr
0.58	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.58	WMT	Walmart Aggressive Push	Pair Corr
0.43	MCD	McDonalds Fiscal Year End 3rd of February 2025	Pair Corr
0.42	BAC	Bank of America Aggressive Push	Pair Corr
0.41	HPQ	HP Inc	Pair Corr
0.35	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr

Related Correlations Analysis

	DLTTF	PLYA	VIRC	FKWL	JBGS	TOWTF	MMSI	SG
DLTTF		0.5	-0.31	0.51	0.02	0.0	0.37	0.66	DLTTF
PLYA	0.5		0.27	0.05	-0.54	0.0	0.69	0.62	PLYA
VIRC	-0.31	0.27		-0.4	-0.28	0.0	0.18	0.21	VIRC
FKWL	0.51	0.05	-0.4		0.01	0.0	0.16	0.23	FKWL
JBGS	0.02	-0.54	-0.28	0.01		0.0	-0.61	-0.05	JBGS
TOWTF	0.0	0.0	0.0	0.0	0.0		0.0	0.0	TOWTF
MMSI	0.37	0.69	0.18	0.16	-0.61	0.0		0.34	MMSI
SG	0.66	0.62	0.21	0.23	-0.05	0.0	0.34		SG
	DLTTF	PLYA	VIRC	FKWL	JBGS	TOWTF	MMSI	SG

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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

MMSI	+ 0.69	PLYA
SG	+ 0.66	DLTTF
SG	+ 0.62	PLYA
FKWL	+ 0.51	DLTTF
PLYA	+ 0.5	DLTTF
MMSI	+ 0.37	DLTTF

High negative correlations

MMSI	- 0.61	JBGS
JBGS	- 0.54	PLYA
FKWL	- 0.4	VIRC
VIRC	- 0.31	DLTTF
JBGS	- 0.28	VIRC
SG	- 0.05	JBGS

Risk-Adjusted Indicators

There is a big difference between SEALSQ Stock performing well and SEALSQ Corp 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 SEALSQ Corp'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
DLTTF	0.02	0.00	0.00	0.26	0.00	0.00	0.00	0.00	0.83
PLYA	1.30	0.24	0.17	0.32	1.12	(1.42)	3.23	(2.00)	9.17
VIRC	2.60	(0.36)	0.00	(0.06)	0.00	0.00	4.64	(5.23)	17.12
FKWL	1.63	(0.05)	(0.03)	0.07	1.92	(1.66)	3.17	(2.85)	15.19
JBGS	1.16	(0.16)	0.00	(0.05)	0.00	0.00	2.58	(2.38)	9.14
TOWTF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MMSI	0.88	0.13	0.08	0.37	0.71	(0.96)	2.11	(1.23)	6.42
SG	3.29	0.12	0.08	0.17	3.33	(3.89)	7.39	(6.27)	15.89

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