Ultra Clean Correlations
| UCTT Stock | USD 38.45 1.15 3.08% |
The current 90-days correlation between Ultra Clean Holdings and IPG Photonics is 0.53 (i.e., Very weak diversification). The correlation of Ultra Clean 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.
Ultra Clean Correlation With Market
Very weak diversification
The correlation between Ultra Clean Holdings and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ultra Clean Holdings and DJI in the same portfolio, assuming nothing else is changed.
Ultra |
Moving together with Ultra Stock
| 0.71 | LRCX | Lam Research Corp Aggressive Push | PairCorr |
| 0.66 | PLAB | Photronics Fiscal Year End 11th of December 2024 | PairCorr |
Moving against Ultra Stock
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Ultra Clean Corporate Management
| Jamie Palfrey | Senior Resources | Profile | |
| Brian CPA | Senior Officer | Profile | |
| Vijayan Chinnasami | Chief Officer | Profile | |
| Jeffrey Mckibben | Chief Officer | Profile | |
| William Williams | Pres Division | Profile | |
| Yoonku Cho | General Secretary | Profile |