Motorola Solutions Correlations

MSI Stock

USD 488.37 12.53 2.50%

The current 90-days correlation between Motorola Solutions and Ciena Corp is 0.39 (i.e., Weak diversification). The correlation of Motorola Solutions 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.

Motorola Solutions Correlation With Market

Very weak diversification

The correlation between Motorola Solutions and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Motorola Solutions 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 Motorola Solutions. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

For more detail on how to invest in Motorola Stock please use our How to Invest in Motorola Solutions guide.

Moving together with Motorola Stock

0.72	EHGO	Eshallgo Class A	Pair Corr
0.91	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.82	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.75	KLIC	Kulicke and Soffa	Pair Corr
0.89	CWAN	Clearwater Analytics	Pair Corr
0.88	WMT	Walmart Aggressive Push	Pair Corr
0.8	AMZN	Amazon Inc	Pair Corr
0.75	HNHPF	Hon Hai Precision	Pair Corr
0.71	ACN	Accenture plc	Pair Corr
0.83	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against Motorola Stock

0.81	ACLS	Axcelis Technologies	Pair Corr
0.73	ASYS	Amtech Systems Fiscal Year End 12th of December 2024	Pair Corr
0.68	CDW	CDW Corp	Pair Corr
0.68	VECO	Veeco Instruments	Pair Corr
0.68	KLAC	KLA Tencor	Pair Corr
0.67	TER	Teradyne	Pair Corr
0.64	SIMO	Silicon Motion Technology	Pair Corr
0.62	ICG	Intchains Group	Pair Corr
0.51	FORM	FormFactor	Pair Corr
0.44	LRCX	Lam Research Corp Aggressive Push	Pair Corr
0.33	CAMT	Camtek	Pair Corr
0.87	VWAGY	Volkswagen AG 110	Pair Corr
0.86	VWAPY	Volkswagen AG Pref	Pair Corr
0.84	VLKAF	Volkswagen AG	Pair Corr
0.84	DPSTF	Deutsche Post AG	Pair Corr
0.84	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.77	VLKPF	Volkswagen AG VZO	Pair Corr
0.76	KO	Coca Cola Aggressive Push	Pair Corr
0.75	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.75	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.69	PFE	Pfizer Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	CIEN	EXTR	HPE	NTGR	PI	LITE	UI	CSCO	JNPR	NOK
CIEN		0.64	0.91	0.79	0.59	0.87	0.8	0.93	-0.17	0.51	CIEN
EXTR	0.64		0.7	0.62	0.08	0.71	0.59	0.61	-0.17	0.13	EXTR
HPE	0.91	0.7		0.69	0.44	0.87	0.76	0.84	-0.28	0.35	HPE
NTGR	0.79	0.62	0.69		0.39	0.83	0.85	0.85	-0.34	0.36	NTGR
PI	0.59	0.08	0.44	0.39		0.25	0.14	0.39	0.32	0.31	PI
LITE	0.87	0.71	0.87	0.83	0.25		0.95	0.88	-0.51	0.24	LITE
UI	0.8	0.59	0.76	0.85	0.14	0.95		0.89	-0.58	0.34	UI
CSCO	0.93	0.61	0.84	0.85	0.39	0.88	0.89		-0.27	0.59	CSCO
JNPR	-0.17	-0.17	-0.28	-0.34	0.32	-0.51	-0.58	-0.27		0.34	JNPR
NOK	0.51	0.13	0.35	0.36	0.31	0.24	0.34	0.59	0.34		NOK
	CIEN	EXTR	HPE	NTGR	PI	LITE	UI	CSCO	JNPR	NOK

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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

UI	+ 0.95	LITE
CSCO	+ 0.93	CIEN
HPE	+ 0.91	CIEN
CSCO	+ 0.89	UI
CSCO	+ 0.88	LITE
LITE	+ 0.87	CIEN

High negative correlations

JNPR	- 0.58	UI
JNPR	- 0.51	LITE
JNPR	- 0.34	NTGR
JNPR	- 0.28	HPE
JNPR	- 0.27	CSCO
JNPR	- 0.17	EXTR

Risk-Adjusted Indicators

There is a big difference between Motorola Stock performing well and Motorola Solutions 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 Motorola Solutions' 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
CIEN	1.76	0.19	0.14	0.23	1.74	(2.05)	4.13	(3.63)	12.09
EXTR	1.79	(0.09)	0.01	0.07	2.11	(1.93)	3.95	(3.30)	18.17
HPE	1.67	0.08	0.06	0.17	2.30	(1.73)	3.74	(3.48)	12.19
NTGR	2.31	0.61	0.32	0.63	1.52	(3.08)	5.28	(3.74)	34.60
PI	2.14	0.15	0.05	0.23	3.43	(2.05)	4.05	(4.56)	23.52
LITE	2.55	0.41	0.24	0.26	2.36	(3.22)	6.22	(4.66)	18.19
UI	2.03	1.05	0.34	1.61	1.97	(2.46)	6.12	(3.05)	23.21
CSCO	0.75	0.13	0.14	0.26	0.56	(0.84)	1.72	(1.29)	6.38
JNPR	0.38	(0.14)	0.00	(0.54)	0.00	0.00	0.57	(0.80)	5.98
NOK	1.32	0.00	(0.04)	0.11	1.69	(1.56)	2.56	(2.71)	16.46

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