Silicom Correlations
| SILC Stock | USD 20.20 2.09 11.54% |
The current 90-days correlation between Silicom and Comtech Telecommunications Corp is -0.05 (i.e., Good diversification). The correlation of Silicom 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.
Silicom Correlation With Market
Modest diversification
The correlation between Silicom and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Silicom and DJI in the same portfolio, assuming nothing else is changed.
Related Correlations Analysis
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Silicom Stock performing well and Silicom 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 Silicom'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CMTL | 3.69 | 0.94 | 0.22 | 0.85 | 3.64 | 8.77 | 22.76 | |||
| NA | 3.51 | (0.47) | 0.00 | (0.43) | 0.00 | 7.45 | 38.30 | |||
| INVE | 2.59 | (0.23) | 0.00 | (1.81) | 0.00 | 4.62 | 15.58 | |||
| ATOM | 4.20 | (0.08) | 0.00 | (0.06) | 0.00 | 8.98 | 31.96 | |||
| AMPG | 4.27 | (0.01) | (0.01) | (0.10) | 5.19 | 11.28 | 31.09 | |||
| MIND | 4.63 | (0.17) | 0.00 | (0.09) | 0.00 | 8.99 | 37.32 | |||
| PSQH | 3.27 | (1.51) | 0.00 | (0.66) | 0.00 | 5.36 | 19.40 | |||
| KVHI | 2.22 | 0.28 | 0.09 | (0.42) | 2.17 | 5.24 | 14.76 | |||
| VELO | 10.69 | 1.65 | 0.21 | 0.25 | 8.77 | 23.12 | 74.12 | |||
| LINK | 3.82 | (0.95) | 0.00 | (0.83) | 0.00 | 7.09 | 23.00 |
Silicom Corporate Executives
Elected by the shareholders, the Silicom's board of directors comprises two types of representatives: Silicom inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Silicom. The board's role is to monitor Silicom's management team and ensure that shareholders' interests are well served. Silicom's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Silicom's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eran CPA | CFO Secretary | Profile | |
| Eran Gilad | CFO and Company Secretary | Profile |