Power Solutions Correlations

PSIX Stock

USD 66.88 1.64 2.39%

The current 90-days correlation between Power Solutions Inte and Luxfer Holdings PLC is 0.39 (i.e., Weak diversification). The correlation of Power 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Power Solutions Correlation With Market

Very weak diversification

The correlation between Power Solutions International 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 Power Solutions International and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Power Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Power Solutions International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Power Stock

0.86

Home Depot

Pair Corr

Moving against Power Stock

0.89	BW	Babcock Wilcox Enter	Pair Corr
0.85	TLK	Telkom Indonesia Tbk	Pair Corr
0.78	PPERY	Bank Mandiri Persero	Pair Corr
0.76	JNJ	Johnson Johnson	Pair Corr
0.67	FTV	Fortive Corp	Pair Corr
0.66	CASXF	Casa Minerals	Pair Corr
0.63	BWEN	Broadwind Energy	Pair Corr
0.58	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.58	ADAMI	New York Mortgage Symbol Change	Pair Corr
0.52	PBCRY	Bank Central Asia	Pair Corr
0.47	PPERF	Bank Mandiri Persero	Pair Corr
0.46	PBCRF	PT Bank Central	Pair Corr
0.87	KO	Coca Cola	Pair Corr
0.83	CSCO	Cisco Systems	Pair Corr
0.75	MRK	Merck Company	Pair Corr
0.73	TRV	The Travelers Companies	Pair Corr
0.68	MMM	3M Company	Pair Corr
0.56	AXP	American Express	Pair Corr
0.51	IBM	International Business	Pair Corr
0.5	MCD	McDonalds	Pair Corr
0.5	BAC	Bank of America	Pair Corr
0.46	WMT	Walmart Common Stock Sell-off Trend	Pair Corr
0.43	AA	Alcoa Corp	Pair Corr
0.34	PFE	Pfizer Inc Sell-off Trend	Pair Corr

Related Correlations Analysis

	NPWR	WNC	TITN	LXFR	MTW	JELD	MAGN	NVX	SPIR	MTRX
NPWR		-0.12	0.02	-0.17	-0.66	0.75	-0.62	0.81	0.81	0.67	NPWR
WNC	-0.12		-0.02	0.8	0.44	0.34	0.66	0.08	0.29	-0.08	WNC
TITN	0.02	-0.02		-0.2	-0.04	-0.06	0.13	-0.22	-0.1	0.02	TITN
LXFR	-0.17	0.8	-0.2		0.58	0.28	0.66	0.05	0.19	0.05	LXFR
MTW	-0.66	0.44	-0.04	0.58		-0.43	0.77	-0.5	-0.46	-0.37	MTW
JELD	0.75	0.34	-0.06	0.28	-0.43		-0.32	0.78	0.89	0.64	JELD
MAGN	-0.62	0.66	0.13	0.66	0.77	-0.32		-0.43	-0.36	-0.49	MAGN
NVX	0.81	0.08	-0.22	0.05	-0.5	0.78	-0.43		0.85	0.41	NVX
SPIR	0.81	0.29	-0.1	0.19	-0.46	0.89	-0.36	0.85		0.55	SPIR
MTRX	0.67	-0.08	0.02	0.05	-0.37	0.64	-0.49	0.41	0.55		MTRX
	NPWR	WNC	TITN	LXFR	MTW	JELD	MAGN	NVX	SPIR	MTRX

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

SPIR	+ 0.89	JELD
SPIR	+ 0.85	NVX
NVX	+ 0.81	NPWR
SPIR	+ 0.81	NPWR
LXFR	+ 0.8	WNC
NVX	+ 0.78	JELD

High negative correlations

MTW	- 0.66	NPWR
MAGN	- 0.62	NPWR
NVX	- 0.5	MTW
MTRX	- 0.49	MAGN
SPIR	- 0.46	MTW
NVX	- 0.43	MAGN

Risk-Adjusted Indicators

There is a big difference between Power Stock performing well and Power 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 Power 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
NPWR	4.99	(0.21)	0.00	0.02	6.05	(5.37)	10.95	(10.06)	39.73
WNC	1.92	(0.15)	0.00	(0.04)	0.00	0.00	4.38	(3.27)	13.07
TITN	1.89	(0.18)	0.00	(0.21)	0.00	0.00	2.89	(4.05)	27.01
LXFR	1.37	(0.06)	(0.02)	0.03	1.95	(1.33)	2.90	(3.16)	10.48
MTW	2.13	0.30	0.10	0.77	2.46	(2.46)	4.45	(5.02)	14.96
JELD	3.49	(1.08)	0.00	(0.30)	0.00	0.00	5.38	(8.33)	35.15
MAGN	3.28	0.27	0.10	0.20	3.23	(3.90)	8.35	(5.75)	30.73
NVX	5.51	0.27	0.04	0.35	6.53	(6.85)	13.89	(10.75)	56.77
SPIR	4.43	(0.30)	0.00	3.38	0.00	0.00	7.61	(12.50)	40.39
MTRX	2.00	(0.13)	(0.01)	0.01	4.52	(1.63)	3.71	(4.06)	22.65

Power Solutions Corporate Management

Xun Li	Chief Officer	Profile
Timothy CPA	Financial Consultant	Profile
Jason Lin	Chief Officer	Profile
Randall Lehner	General Counsel	Profile
Jeremy Lessaris	VP Communications	Profile
Zhaoying Du	General Secretary	Profile
Matthew Thomas	Corporate Controller	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