Sanmina Correlations

Sanmina Correlation With Market

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.

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 MKSI + 0.97 LFUS MKSI + 0.9 TTMI DSGX + 0.86 PCTY LFUS + 0.85 TTMI ESE + 0.82 LFUS BMI + 0.81 DSGX

High negative correlations ESE - 0.93 PCTY ESE - 0.88 DSGX PCTY - 0.86 LFUS BMI - 0.84 LFUS BMI - 0.82 MKSI MKSI - 0.79 PCTY

Risk-Adjusted Indicators

There is a big difference between Sanmina Stock performing well and Sanmina 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 Sanmina'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.