Radcom Correlations

RDCM Stock

USD 11.62 0.16 1.36%

The current 90-days correlation between Radcom and ATN International is -0.14 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Radcom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Radcom moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Radcom Correlation With Market

Significant diversification

The correlation between Radcom and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Radcom and DJI in the same portfolio, assuming nothing else is changed.

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

To learn how to invest in Radcom Stock, please use our How to Invest in Radcom guide.

Moving together with Radcom Stock

0.68	EHGO	Eshallgo Class A Downward Rally	Pair Corr
0.82	CSCO	Cisco Systems Aggressive Push	Pair Corr
0.73	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.7	KLIC	Kulicke and Soffa	Pair Corr
0.78	CWAN	Clearwater Analytics	Pair Corr
0.77	WMT	Walmart Aggressive Push	Pair Corr
0.66	AMZN	Amazon Inc	Pair Corr
0.64	HNHPF	Hon Hai Precision	Pair Corr
0.67	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against Radcom Stock

0.75	ACLS	Axcelis Technologies	Pair Corr
0.68	CDW	CDW Corp	Pair Corr
0.65	ASYS	Amtech Systems Fiscal Year End 12th of December 2024	Pair Corr
0.64	ICG	Intchains Group	Pair Corr
0.61	TER	Teradyne	Pair Corr
0.6	KLAC	KLA Tencor	Pair Corr
0.56	VECO	Veeco Instruments	Pair Corr
0.52	SIMO	Silicon Motion Technology	Pair Corr
0.47	FORM	FormFactor	Pair Corr
0.39	LRCX	Lam Research Corp Aggressive Push	Pair Corr
0.78	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.75	VWAGY	Volkswagen AG 110	Pair Corr
0.75	DPSTF	Deutsche Post AG	Pair Corr
0.74	VWAPY	Volkswagen AG Pref	Pair Corr
0.73	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.72	VLKAF	Volkswagen AG	Pair Corr
0.7	KO	Coca Cola Aggressive Push	Pair Corr
0.68	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.67	VLKPF	Volkswagen AG VZO	Pair Corr
0.67	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr

Related Correlations Analysis

	SHEN	ATEX	SKM	LBRDK	ASGXF	BCPPF	AXLX	ALVRQ	AVIFY	KT
SHEN		0.59	0.66	-0.64	0.0	-0.47	0.0	0.0	-0.39	-0.16	SHEN
ATEX	0.59		0.82	-0.66	0.0	-0.41	0.0	0.0	-0.44	-0.32	ATEX
SKM	0.66	0.82		-0.73	0.0	-0.64	0.0	0.0	-0.24	-0.13	SKM
LBRDK	-0.64	-0.66	-0.73		0.0	0.73	0.0	0.0	0.58	0.52	LBRDK
ASGXF	0.0	0.0	0.0	0.0		0.0	1.0	1.0	0.0	0.0	ASGXF
BCPPF	-0.47	-0.41	-0.64	0.73	0.0		0.0	0.0	0.21	0.44	BCPPF
AXLX	0.0	0.0	0.0	0.0	1.0	0.0		1.0	0.0	0.0	AXLX
ALVRQ	0.0	0.0	0.0	0.0	1.0	0.0	1.0		0.0	0.0	ALVRQ
AVIFY	-0.39	-0.44	-0.24	0.58	0.0	0.21	0.0	0.0		0.63	AVIFY
KT	-0.16	-0.32	-0.13	0.52	0.0	0.44	0.0	0.0	0.63		KT
	SHEN	ATEX	SKM	LBRDK	ASGXF	BCPPF	AXLX	ALVRQ	AVIFY	KT

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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

AXLX	+ 1.0	ASGXF
ALVRQ	+ 1.0	ASGXF
ALVRQ	+ 1.0	AXLX
SKM	+ 0.82	ATEX
BCPPF	+ 0.73	LBRDK
SKM	+ 0.66	SHEN

High negative correlations

LBRDK	- 0.73	SKM
LBRDK	- 0.66	ATEX
BCPPF	- 0.64	SKM
LBRDK	- 0.64	SHEN
BCPPF	- 0.47	SHEN
AVIFY	- 0.44	ATEX

Risk-Adjusted Indicators

There is a big difference between Radcom Stock performing well and Radcom 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 Radcom'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
SHEN	2.46	(0.21)	0.00	(0.04)	0.00	0.00	5.32	(3.94)	25.16
ATEX	1.58	(0.20)	0.00	(0.36)	0.00	0.00	3.31	(4.08)	12.42
SKM	0.89	(0.02)	0.00	(0.13)	0.00	0.00	2.11	(1.71)	5.94
LBRDK	2.13	0.44	0.27	0.43	1.51	(2.82)	4.96	(3.20)	30.97
ASGXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BCPPF	0.09	0.04	0.00	(0.44)	0.00	0.00	0.00	0.00	2.90
AXLX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ALVRQ	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AVIFY	2.35	0.30	0.05	2.29	2.43	(5.17)	8.92	(5.52)	20.20
KT	1.23	0.16	0.05	0.47	1.62	(1.37)	3.58	(2.09)	11.99

Radcom Corporate Management

Eyal Harari	VP of Products and Marketing	Profile
Guy Shemesh	Chief Officer	Profile
Michal Fridman	Vice Development	Profile
Ronen Hovav	Director Sales	Profile
Moran Adania	Vice Resources	Profile

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