Telos Corp Correlations

TLS Stock

USD 3.32 0.12 3.75%

The current 90-days correlation between Telos Corp and MicroAlgo is -0.15 (i.e., Good diversification). The correlation of Telos Corp 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.

Telos Corp Correlation With Market

Very weak diversification

The correlation between Telos Corp and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Telos Corp and DJI in the same portfolio, assuming nothing else is changed.

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

For more information on how to buy Telos Stock please use our How to Invest in Telos Corp guide.

Moving together with Telos Stock

0.78

DOX

Amdocs

Pair Corr

Moving against Telos Stock

0.34	VRAR	Glimpse Group	Pair Corr
0.31	MQ	Marqeta	Pair Corr
0.38	TCX	Tucows Inc	Pair Corr
0.31	LIDRW	AEye Inc	Pair Corr

Related Correlations Analysis

	GCT	ARQQ	IRNT	CETX	RPD	QLYS	CYBR	VRNS	CHKP	ZUO
GCT		-0.29	-0.65	-0.74	0.74	0.18	0.5	0.28	0.13	0.39	GCT
ARQQ	-0.29		0.25	0.2	-0.04	0.36	0.19	-0.34	-0.32	0.3	ARQQ
IRNT	-0.65	0.25		0.81	-0.74	-0.36	-0.77	-0.13	-0.05	-0.54	IRNT
CETX	-0.74	0.2	0.81		-0.83	-0.4	-0.64	0.04	0.09	-0.75	CETX
RPD	0.74	-0.04	-0.74	-0.83		0.51	0.71	0.07	-0.19	0.66	RPD
QLYS	0.18	0.36	-0.36	-0.4	0.51		0.61	-0.43	-0.53	0.5	QLYS
CYBR	0.5	0.19	-0.77	-0.64	0.71	0.61		0.04	-0.03	0.61	CYBR
VRNS	0.28	-0.34	-0.13	0.04	0.07	-0.43	0.04		0.8	-0.3	VRNS
CHKP	0.13	-0.32	-0.05	0.09	-0.19	-0.53	-0.03	0.8		-0.36	CHKP
ZUO	0.39	0.3	-0.54	-0.75	0.66	0.5	0.61	-0.3	-0.36		ZUO
	GCT	ARQQ	IRNT	CETX	RPD	QLYS	CYBR	VRNS	CHKP	ZUO

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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

CETX	+ 0.81	IRNT
CHKP	+ 0.8	VRNS
RPD	+ 0.74	GCT
CYBR	+ 0.71	RPD
ZUO	+ 0.66	RPD
CYBR	+ 0.61	QLYS

High negative correlations

RPD	- 0.83	CETX
CYBR	- 0.77	IRNT
ZUO	- 0.75	CETX
RPD	- 0.74	IRNT
CETX	- 0.74	GCT
IRNT	- 0.65	GCT

Risk-Adjusted Indicators

There is a big difference between Telos Stock performing well and Telos Corp 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 Telos Corp'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
GCT	4.92	0.13	0.04	0.18	4.98	(5.70)	9.70	(7.70)	30.15
ARQQ	7.81	0.69	0.10	0.33	8.07	(9.79)	24.01	(13.79)	58.48
IRNT	7.07	(0.62)	0.00	(14.67)	0.00	0.00	11.76	(13.04)	72.73
CETX	7.66	(4.81)	0.00	(5.59)	0.00	0.00	10.53	(31.84)	57.84
RPD	1.77	0.04	0.06	0.12	1.64	(2.15)	4.23	(2.74)	10.83
QLYS	1.74	0.04	0.14	0.11	1.41	(2.11)	3.17	(2.59)	26.78
CYBR	1.40	0.14	0.09	0.23	1.43	(1.55)	3.32	(2.69)	8.13
VRNS	1.48	(0.33)	0.00	(0.12)	0.00	0.00	2.88	(3.60)	14.38
CHKP	1.11	(0.13)	0.00	(0.05)	0.00	0.00	2.75	(1.86)	17.62
ZUO	1.06	0.18	0.06	2.52	1.12	(1.34)	2.95	(2.83)	9.30

Telos Corp Corporate Management

Alvin Whitehead	Senior Communications	Profile
Donna Hill	Vice Resources	Profile
Victoria Harding	Chief Controller	Profile
Tom Dimtsios	Head Practice	Profile
Chace Hatcher	Senior Strategy	Profile
Josh Salmanson	Senior Solutions	Profile

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