Universal Technical Correlations

UTI Stock

USD 27.44 2.60 10.47%

The current 90-days correlation between Universal Technical and Strategic Education is 0.63 (i.e., Poor diversification). The correlation of Universal Technical 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.

Universal Technical Correlation With Market

Weak diversification

The correlation between Universal Technical Institute and DJI is 0.35 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Universal Technical Institute and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Universal Stock

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

Moving together with Universal Stock

0.69	JZ	Jianzhi Education	Pair Corr
0.81	EEIQ	Elite Education Group	Pair Corr
0.73	FTDR	Frontdoor	Pair Corr
0.68	SGN	Signing Day Sports	Pair Corr
0.71	STG	Sunlands Technology	Pair Corr
0.88	LOPE	Grand Canyon Education	Pair Corr
0.73	NAMI	Jinxin Technology Holding	Pair Corr
0.92	PRDO	Perdoceo Education Corp	Pair Corr
0.82	ATGE	Adtalem Global Education	Pair Corr

Moving against Universal Stock

0.78	PPERY	Bank Mandiri Persero	Pair Corr
0.72	TLK	Telkom Indonesia Tbk	Pair Corr
0.64	TLKMF	Telkom Indonesia Tbk	Pair Corr
0.6	PPERF	Bank Mandiri Persero	Pair Corr
0.49	BEDU	Bright Scholar Education	Pair Corr
0.41	LAUR	Laureate Education	Pair Corr
0.38	PBCRF	PT Bank Central	Pair Corr
0.78	JNJ	Johnson Johnson	Pair Corr
0.73	CSCO	Cisco Systems	Pair Corr
0.72	FTV	Fortive Corp	Pair Corr
0.72	DD	Dupont De Nemours	Pair Corr
0.7	TRV	The Travelers Companies	Pair Corr
0.64	CAT	Caterpillar	Pair Corr
0.62	DGWPF	Drgerwerk AG	Pair Corr
0.61	NAUFF	NevGold Corp	Pair Corr
0.6	CASXF	Casa Minerals	Pair Corr

Related Correlations Analysis

	STRA	AFYA	PXED	TR	COUR	ANDE	DAO	WMK	PRDO	JJSF
STRA		0.58	0.13	0.22	0.37	-0.09	-0.02	0.57	0.49	0.58	STRA
AFYA	0.58		-0.13	0.42	0.31	-0.16	-0.04	0.51	0.21	0.61	AFYA
PXED	0.13	-0.13		0.14	0.5	-0.38	0.51	0.21	0.56	0.26	PXED
TR	0.22	0.42	0.14		0.81	-0.67	0.27	0.77	0.56	0.43	TR
COUR	0.37	0.31	0.5	0.81		-0.84	0.49	0.75	0.85	0.4	COUR
ANDE	-0.09	-0.16	-0.38	-0.67	-0.84		-0.55	-0.48	-0.78	-0.17	ANDE
DAO	-0.02	-0.04	0.51	0.27	0.49	-0.55		-0.01	0.66	-0.18	DAO
WMK	0.57	0.51	0.21	0.77	0.75	-0.48	-0.01		0.52	0.7	WMK
PRDO	0.49	0.21	0.56	0.56	0.85	-0.78	0.66	0.52		0.25	PRDO
JJSF	0.58	0.61	0.26	0.43	0.4	-0.17	-0.18	0.7	0.25		JJSF
	STRA	AFYA	PXED	TR	COUR	ANDE	DAO	WMK	PRDO	JJSF

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

PRDO	+ 0.85	COUR
COUR	+ 0.81	TR
WMK	+ 0.77	TR
WMK	+ 0.75	COUR
JJSF	+ 0.7	WMK
PRDO	+ 0.66	DAO

High negative correlations

ANDE	- 0.84	COUR
PRDO	- 0.78	ANDE
ANDE	- 0.67	TR
DAO	- 0.55	ANDE
WMK	- 0.48	ANDE
ANDE	- 0.38	PXED

Risk-Adjusted Indicators

There is a big difference between Universal Stock performing well and Universal Technical 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 Universal Technical'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
STRA	1.38	(0.07)	(0.03)	0.00	2.26	(1.28)	2.39	(4.08)	9.31
AFYA	1.05	(0.07)	0.00	(0.07)	0.00	0.00	1.84	(2.64)	5.31
PXED	2.77	(0.28)	0.00	(0.25)	0.00	0.00	4.84	(5.94)	14.83
TR	1.30	(0.22)	0.00	1.45	0.00	0.00	2.15	(3.33)	8.55
COUR	2.01	(0.70)	0.00	(1.11)	0.00	0.00	2.66	(6.89)	18.76
ANDE	1.43	0.39	0.21	0.77	1.26	(1.57)	4.37	(2.24)	13.44
DAO	2.73	0.20	0.07	0.23	2.85	(3.11)	7.14	(5.06)	15.88
WMK	1.10	(0.20)	0.00	(0.45)	0.00	0.00	2.06	(2.25)	7.02
PRDO	1.42	(0.31)	0.00	(0.26)	0.00	0.00	2.03	(3.58)	12.03
JJSF	1.16	(0.11)	0.00	0.69	0.00	0.00	2.79	(2.54)	9.28

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