Siltronic Correlations

SSLLF Stock

USD 59.00 2.13 3.75%

The correlation of Siltronic 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.

Siltronic Correlation With Market

Very good diversification

The correlation between Siltronic AG and DJI is -0.28 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Siltronic AG and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Siltronic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Siltronic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Siltronic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Siltronic AG to buy it.

Moving against Siltronic Pink Sheet

0.39	PPERY	Bank Mandiri Persero	Pair Corr
0.5	CNO	CNO Financial Group	Pair Corr
0.39	KGKG	Kona Gold Solutions	Pair Corr
0.33	PAOG	Pao Group	Pair Corr
0.54	KDK	Kodiak AI Common Symbol Change	Pair Corr
0.51	MCW	Mister Car Wash	Pair Corr
0.49	DTST	Data Storage Corp	Pair Corr
0.4	VSCO	Victorias Secret	Pair Corr

Related Correlations Analysis

	SLOIY	SILXF	SLOIF	OXINF	AWEVF	AIXXF	AUKUF	CSIOY	AIIXY	PRXXF
SLOIY		0.29	0.81	0.0	0.13	-0.05	0.73	0.07	0.05	-0.03	SLOIY
SILXF	0.29		0.06	-0.72	0.62	-0.54	0.25	-0.43	-0.56	0.54	SILXF
SLOIF	0.81	0.06		0.21	0.04	0.11	0.63	0.19	0.25	-0.14	SLOIF
OXINF	0.0	-0.72	0.21		-0.76	0.82	-0.14	0.78	0.78	-0.85	OXINF
AWEVF	0.13	0.62	0.04	-0.76		-0.85	0.09	-0.52	-0.74	0.62	AWEVF
AIXXF	-0.05	-0.54	0.11	0.82	-0.85		-0.15	0.61	0.71	-0.71	AIXXF
AUKUF	0.73	0.25	0.63	-0.14	0.09	-0.15		-0.21	-0.05	0.15	AUKUF
CSIOY	0.07	-0.43	0.19	0.78	-0.52	0.61	-0.21		0.62	-0.88	CSIOY
AIIXY	0.05	-0.56	0.25	0.78	-0.74	0.71	-0.05	0.62		-0.6	AIIXY
PRXXF	-0.03	0.54	-0.14	-0.85	0.62	-0.71	0.15	-0.88	-0.6		PRXXF
	SLOIY	SILXF	SLOIF	OXINF	AWEVF	AIXXF	AUKUF	CSIOY	AIIXY	PRXXF

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

AIXXF	+ 0.82	OXINF
SLOIF	+ 0.81	SLOIY
CSIOY	+ 0.78	OXINF
AIIXY	+ 0.78	OXINF
AUKUF	+ 0.73	SLOIY
AIIXY	+ 0.71	AIXXF

High negative correlations

PRXXF	- 0.88	CSIOY
AIXXF	- 0.85	AWEVF
PRXXF	- 0.85	OXINF
AWEVF	- 0.76	OXINF
AIIXY	- 0.74	AWEVF
OXINF	- 0.72	SILXF

Risk-Adjusted Indicators

There is a big difference between Siltronic Pink Sheet performing well and Siltronic 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 Siltronic'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
SLOIY	1.45	(0.07)	0.00	0.19	0.00	0.00	0.00	0.00	43.28
SILXF	3.87	(0.24)	0.00	(0.11)	0.00	0.00	7.80	(7.05)	36.94
SLOIF	3.28	0.12	0.00	2.17	5.78	(6.50)	8.51	(7.70)	32.00
OXINF	1.35	0.64	0.00	(2.11)	0.00	0.00	0.00	0.00	32.86
AWEVF	2.92	(1.02)	0.00	(0.71)	0.00	0.00	4.40	(12.83)	44.10
AIXXF	2.84	0.23	0.09	0.23	2.79	(3.63)	8.36	(4.79)	15.93
AUKUF	2.18	(0.59)	0.00	(1.35)	0.00	0.00	5.20	(6.72)	30.50
CSIOY	1.54	0.49	0.25	(44.40)	0.99	(1.89)	4.03	(2.78)	13.67
AIIXY	1.42	0.04	0.01	0.13	1.86	(9.49)	5.50	(4.39)	23.79
PRXXF	0.89	(0.40)	0.00	2.43	0.00	0.00	0.21	(3.23)	17.31

Be your own money manager

Our tools can tell you how much better you can do entering a position in Siltronic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Sign In To Macroaxis Now

Sign In To Macroaxis

All Next

Launch Module

Siltronic Corporate Management

Volker Braetsch	VP Marketing	Profile
KlausPeter Estermaier	Member of the Supervisory Board - Representative of Senior Executives	Profile
Andreas Muhe	VP Operations	Profile
Bernhard Schmidt	VP Engineering	Profile
Rudiger Schmolke	VP Technology	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