Trend Micro Correlations

TMICF Stock

USD 39.93 2.89 6.75%

The current 90-days correlation between Trend Micro and Nexi SpA is -0.02 (i.e., Good diversification). The correlation of Trend Micro 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.

Trend Micro Correlation With Market

Pay attention - limited upside

The correlation between Trend Micro and DJI is -0.77 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trend Micro and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Trend Micro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trend Micro 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 Trend Micro - 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 Trend Micro to buy it.

Moving together with Trend Pink Sheet

0.64	MSFT	Microsoft Sell-off Trend	Pair Corr
0.62	ORCL	Oracle Aggressive Push	Pair Corr
0.61	ADBE	Adobe Systems	Pair Corr
0.77	CRWD	Crowdstrike Holdings	Pair Corr
0.62	HOOD	Robinhood Markets Earnings Call This Week	Pair Corr
0.73	BROGF	BROGF	Pair Corr

Moving against Trend Pink Sheet

0.9	SECVY	Seche Environnement	Pair Corr
0.79	BIMT	Bitmis Corp	Pair Corr
0.77	ENS	Enersys Earnings Call Today	Pair Corr
0.75	RILYL	B Riley Financial	Pair Corr
0.73	FIBK	First Interstate Ban	Pair Corr
0.72	OBYCF	Obayashi	Pair Corr
0.71	BNKHF	BOC Hong Kong	Pair Corr
0.56	SNPS	Synopsys	Pair Corr
0.47	FCTI	Fact Inc	Pair Corr
0.35	NFG	National Fuel Gas	Pair Corr

Related Correlations Analysis

	NEXPF	NEXXY	TOITF	TMSNY	SQNXF	SQNNY	OTGLY	KSFTF	SHMZF	TMNSF
NEXPF		0.59	0.86	0.49	0.28	0.48	-0.49	0.81	-0.14	0.1	NEXPF
NEXXY	0.59		0.74	0.56	0.16	0.37	-0.24	0.61	-0.45	0.03	NEXXY
TOITF	0.86	0.74		0.43	0.42	0.52	-0.61	0.88	-0.25	-0.02	TOITF
TMSNY	0.49	0.56	0.43		-0.39	0.1	-0.02	0.44	0.1	0.11	TMSNY
SQNXF	0.28	0.16	0.42	-0.39		0.41	-0.47	0.42	-0.27	-0.2	SQNXF
SQNNY	0.48	0.37	0.52	0.1	0.41		-0.46	0.51	-0.33	-0.07	SQNNY
OTGLY	-0.49	-0.24	-0.61	-0.02	-0.47	-0.46		-0.68	0.22	0.41	OTGLY
KSFTF	0.81	0.61	0.88	0.44	0.42	0.51	-0.68		-0.18	-0.36	KSFTF
SHMZF	-0.14	-0.45	-0.25	0.1	-0.27	-0.33	0.22	-0.18		0.06	SHMZF
TMNSF	0.1	0.03	-0.02	0.11	-0.2	-0.07	0.41	-0.36	0.06		TMNSF
	NEXPF	NEXXY	TOITF	TMSNY	SQNXF	SQNNY	OTGLY	KSFTF	SHMZF	TMNSF

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

KSFTF	+ 0.88	TOITF
TOITF	+ 0.86	NEXPF
KSFTF	+ 0.81	NEXPF
TOITF	+ 0.74	NEXXY
KSFTF	+ 0.61	NEXXY
NEXXY	+ 0.59	NEXPF

High negative correlations

KSFTF	- 0.68	OTGLY
OTGLY	- 0.61	TOITF
OTGLY	- 0.49	NEXPF
OTGLY	- 0.47	SQNXF
OTGLY	- 0.46	SQNNY
SHMZF	- 0.45	NEXXY

Risk-Adjusted Indicators

There is a big difference between Trend Pink Sheet performing well and Trend Micro 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 Trend Micro'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	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
NEXPF	0.82	(0.43)	(9.54)	0.00	0.00	0.00	0.00	27.62
NEXXY	1.40	(0.36)	(0.72)	0.00	0.00	3.60	(4.39)	8.19
TOITF	1.90	(0.52)	(9.51)	0.00	0.00	3.71	(4.22)	14.44
TMSNY	1.43	(0.15)	(0.22)	0.00	0.00	2.17	(3.41)	9.73
SQNXF	1.04	0.00	0.13	0.00	0.00	2.42	(5.30)	23.06
SQNNY	3.00	(0.14)	(0.01)	0.00	0.00	11.25	(7.40)	29.71
OTGLY	2.12	0.13	(0.20)	2.88	(2.22)	4.61	(4.64)	15.93
KSFTF	0.51	(0.26)	1.90	0.00	0.00	0.00	0.00	13.18
SHMZF	0.15	0.00	0.00	0.00	0.00	0.00	0.00	5.43
TMNSF	0.44	(0.06)	(0.11)	0.00	0.00	0.00	0.00	27.71

Be your own money manager

Our tools can tell you how much better you can do entering a position in Trend Micro 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 Idea Optimizer Now

Idea Optimizer

Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio

All Next

Launch Module

Trend Micro Corporate Management

Max Cheng	Ex CIO	Profile
Claudia Wu	VP HR	Profile
Akihiko Omikawa	GM Japan	Profile
Leah MacMillan	Chief Officer	Profile
Kevin Simzer	Chief Officer	Profile
Dhanya Thakkar	Middle Asia	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