Universal Technical Correlations

UTI Stock

USD 37.40 1.20 3.31%

The current 90-days correlation between Universal Technical and Strategic Education is 0.45 (i.e., Very weak 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

Very weak diversification

The correlation between Universal Technical Institute and DJI is 0.56 (i.e., Very 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 population.

Moving together with Universal Stock

0.67	7FW	TELLUSGRUPPEN AB	Pair Corr
0.72	CE1	Perdoceo Education	Pair Corr
0.71	8KS	LUMI GRUPPEN AS	Pair Corr
0.74	EWCZ	European Wax Center	Pair Corr
0.64	CSV	Carriage Services	Pair Corr
0.64	FTDR	Frontdoor Earnings Call Tomorrow	Pair Corr
0.65	LRN	Stride Inc	Pair Corr
0.86	MCW	Mister Car Wash	Pair Corr

Moving against Universal Stock

0.83	GV	Visionary Education	Pair Corr
0.82	GEM	G8 Education	Pair Corr
0.78	EEIQ	Elite Education Group	Pair Corr
0.72	DUOL	Duolingo	Pair Corr
0.71	FCHL	Fitness Champs Holdings	Pair Corr
0.62	JZ	Jianzhi Education	Pair Corr
0.58	5Q4	WISDOM EDINTLHLDHD-01	Pair Corr
0.4	WW	WW International Common	Pair Corr
0.81	NXD	Nexted Group	Pair Corr
0.71	GNS	Genius Group	Pair Corr
0.65	COE	51Talk Online Education	Pair Corr
0.65	HRB	HR Block	Pair Corr
0.59	RGS	Regis Common	Pair Corr
0.56	FEDU	Four Seasons Education	Pair Corr
0.45	ADT	ADT Inc	Pair Corr
0.43	SGN	Signing Day Sports	Pair Corr
0.41	KLC	KinderCare Learning	Pair Corr
0.36	AFL	Af Legal Group	Pair Corr

Related Correlations Analysis

	STRA	AFYA	PXED	TR	COUR	ANDE	DAO	WMK	PRDO	JJSF
STRA		0.2	0.24	-0.52	-0.06	-0.1	0.63	-0.25	0.35	0.61	STRA
AFYA	0.2		0.22	-0.59	0.2	-0.29	-0.05	-0.23	-0.36	0.01	AFYA
PXED	0.24	0.22		-0.6	0.77	-0.72	-0.1	-0.58	-0.5	0.46	PXED
TR	-0.52	-0.59	-0.6		-0.55	0.74	-0.22	0.67	0.45	-0.61	TR
COUR	-0.06	0.2	0.77	-0.55		-0.92	-0.33	-0.77	-0.81	0.39	COUR
ANDE	-0.1	-0.29	-0.72	0.74	-0.92		0.1	0.85	0.74	-0.53	ANDE
DAO	0.63	-0.05	-0.1	-0.22	-0.33	0.1		-0.08	0.54	0.44	DAO
WMK	-0.25	-0.23	-0.58	0.67	-0.77	0.85	-0.08		0.51	-0.51	WMK
PRDO	0.35	-0.36	-0.5	0.45	-0.81	0.74	0.54	0.51		-0.16	PRDO
JJSF	0.61	0.01	0.46	-0.61	0.39	-0.53	0.44	-0.51	-0.16		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

WMK	+ 0.85	ANDE
COUR	+ 0.77	PXED
ANDE	+ 0.74	TR
PRDO	+ 0.74	ANDE
WMK	+ 0.67	TR
DAO	+ 0.63	STRA

High negative correlations

ANDE	- 0.92	COUR
PRDO	- 0.81	COUR
WMK	- 0.77	COUR
ANDE	- 0.72	PXED
JJSF	- 0.61	TR
TR	- 0.6	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	1.41	0.10	0.04	0.16	2.33	(1.35)	2.63	(4.16)	14.59
AFYA	1.30	(0.21)	0.00	(0.14)	0.00	0.00	2.32	(3.20)	9.44
PXED	3.13	0.04	(0.02)	0.01	3.77	(3.45)	6.27	(5.92)	19.88
TR	0.94	0.19	0.12	3.14	0.87	(1.11)	2.19	(1.40)	6.77
COUR	1.93	(0.32)	0.00	3.96	0.00	0.00	3.58	(4.04)	14.34
ANDE	1.40	0.42	0.23	1.52	1.22	(1.54)	3.24	(2.24)	8.54
DAO	3.05	0.25	0.05	(0.86)	2.85	(3.59)	6.96	(4.65)	16.06
WMK	1.20	0.05	(0.01)	0.50	1.59	(1.39)	2.06	(1.72)	10.35
PRDO	1.16	0.25	0.16	0.32	1.17	(1.30)	2.78	(2.11)	11.36
JJSF	1.38	0.01	(0.02)	(0.03)	3.16	(1.28)	3.08	(2.68)	19.24

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