Teradyne Correlations

TER Stock

USD 219.50 11.94 5.75%

The current 90-days correlation between Teradyne and Sunrun Inc is 0.35 (i.e., Weak diversification). The correlation of Teradyne 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.

Teradyne Correlation With Market

Very weak diversification

The correlation between Teradyne and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teradyne and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Teradyne Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teradyne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

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

Moving together with Teradyne Stock

0.86	MU	Micron Technology Aggressive Push	Pair Corr
0.68	UMC	United Microelectronics	Pair Corr
0.88	LRCX	Lam Research Corp Aggressive Push	Pair Corr
0.64	QCOM	Qualcomm Incorporated	Pair Corr
0.9	AMAT	Applied Materials	Pair Corr
0.89	AMKR	Amkor Technology Buyout Trend	Pair Corr
0.91	TSEM	Tower Semiconductor	Pair Corr
0.64	WMT	Walmart Common Stock Sell-off Trend	Pair Corr
0.75	ACN	Accenture plc	Pair Corr
0.83	VLKAF	Volkswagen AG	Pair Corr
0.82	VWAGY	Volkswagen AG 110	Pair Corr
0.7	VLKPF	Volkswagen AG VZO	Pair Corr
0.83	ADAMI	New York Mortgage Symbol Change	Pair Corr
0.87	FTV	Fortive Corp	Pair Corr
0.76	AA	Alcoa Corp	Pair Corr
0.66	JNJ	Johnson Johnson	Pair Corr
0.89	BAC	Bank of America	Pair Corr
0.81	CSCO	Cisco Systems	Pair Corr

Moving against Teradyne Stock

0.71	JD	JD Inc Adr	Pair Corr
0.64	OLED	Universal Display	Pair Corr
0.56	GCTS	GCT Semiconductor Holding	Pair Corr
0.46	NVTS	Navitas Semiconductor Aggressive Push	Pair Corr
0.43	INDI	indie Semiconductor	Pair Corr
0.4	MX	MagnaChip Semiconductor	Pair Corr
0.31	UCTT	Ultra Clean Holdings Tech Boost	Pair Corr
0.82	PG	Procter Gamble	Pair Corr
0.75	T	ATT Inc	Pair Corr
0.7	MSFT	Microsoft Sell-off Trend	Pair Corr

Related Correlations Analysis

	RUN	CVI	MUR	VVV	CRC	VAL	MGY	PBF	RIG	AROC
RUN		0.23	-0.57	0.5	0.06	-0.27	0.02	-0.1	-0.45	-0.11	RUN
CVI	0.23		-0.57	0.64	0.56	0.41	0.52	0.66	-0.3	-0.42	CVI
MUR	-0.57	-0.57		-0.66	-0.13	0.28	0.11	-0.17	0.67	0.14	MUR
VVV	0.5	0.64	-0.66		0.66	-0.28	0.49	-0.05	-0.84	-0.16	VVV
CRC	0.06	0.56	-0.13	0.66		0.1	0.8	0.15	-0.42	-0.1	CRC
VAL	-0.27	0.41	0.28	-0.28	0.1		0.32	0.76	0.7	-0.22	VAL
MGY	0.02	0.52	0.11	0.49	0.8	0.32		0.19	-0.17	-0.39	MGY
PBF	-0.1	0.66	-0.17	-0.05	0.15	0.76	0.19		0.38	-0.43	PBF
RIG	-0.45	-0.3	0.67	-0.84	-0.42	0.7	-0.17	0.38		0.06	RIG
AROC	-0.11	-0.42	0.14	-0.16	-0.1	-0.22	-0.39	-0.43	0.06		AROC
	RUN	CVI	MUR	VVV	CRC	VAL	MGY	PBF	RIG	AROC

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

MGY	+ 0.8	CRC
PBF	+ 0.76	VAL
RIG	+ 0.7	VAL
RIG	+ 0.67	MUR
PBF	+ 0.66	CVI
CRC	+ 0.66	VVV

High negative correlations

RIG	- 0.84	VVV
VVV	- 0.66	MUR
MUR	- 0.57	CVI
MUR	- 0.57	RUN
RIG	- 0.45	RUN
AROC	- 0.43	PBF

Risk-Adjusted Indicators

There is a big difference between Teradyne Stock performing well and Teradyne 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 Teradyne'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
RUN	3.64	(0.12)	0.01	0.03	4.50	(3.98)	7.63	(6.02)	28.72
CVI	1.76	(0.56)	0.00	(0.71)	0.00	0.00	3.43	(4.02)	13.22
MUR	2.04	0.03	0.01	0.10	2.59	(2.23)	4.80	(3.78)	13.82
VVV	1.42	(0.36)	0.00	(0.20)	0.00	0.00	3.36	(2.97)	10.22
CRC	1.30	(0.26)	0.00	(0.37)	0.00	0.00	2.50	(3.10)	8.86
VAL	2.06	(0.05)	0.00	0.04	2.80	(2.20)	4.22	(3.97)	20.91
MGY	1.38	(0.18)	0.00	(0.19)	0.00	0.00	2.65	(2.96)	6.80
PBF	2.58	(0.03)	(0.01)	0.05	3.32	(2.71)	5.09	(4.92)	26.68
RIG	2.10	0.37	0.13	0.34	2.46	(2.33)	5.53	(3.50)	20.08
AROC	1.43	0.03	(0.04)	0.01	2.00	(1.35)	2.47	(3.45)	10.69

Teradyne Corporate Executives

Elected by the shareholders, the Teradyne's board of directors comprises two types of representatives: Teradyne inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teradyne. The board's role is to monitor Teradyne's management team and ensure that shareholders' interests are well served. Teradyne'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, Teradyne's outside directors are responsible for providing unbiased perspectives on the board's policies.

Michelle Turner

CFO Officer

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