Viavi Solutions Correlations

VIAV Stock

USD 26.29 0.21 0.79%

The current 90-days correlation between Viavi Solutions and CommScope Holding Co is -0.07 (i.e., Good diversification). The correlation of Viavi Solutions 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.

Viavi Solutions Correlation With Market

Very weak diversification

The correlation between Viavi Solutions and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Viavi Solutions and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Viavi Stock

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

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

Moving together with Viavi Stock

0.74	VSAT	ViaSat Inc Tech Boost	Pair Corr
0.85	ERIC	Telefonaktiebolaget	Pair Corr
0.77	MTLA	Motorola Solutions	Pair Corr
0.81	FIEE	FiEE Inc Symbol Change	Pair Corr
0.74	S1L	SILICOM LTD IS	Pair Corr
0.82	ERCG	Telefonaktiebolaget	Pair Corr
0.61	NOA3	Nokia	Pair Corr
0.81	ERCA	Telefonaktiebolaget	Pair Corr
0.85	ERCB	Telefonaktiebolaget	Pair Corr
0.8	MSI	Motorola Solutions	Pair Corr
0.72	NOK	Nokia Corp ADR	Pair Corr

Moving against Viavi Stock

0.73	EXTR	Extreme Networks	Pair Corr
0.62	PARRO	Parrot	Pair Corr
0.61	ERFB	Erf Wireless	Pair Corr
0.41	GW3	GAPWAVES AB CLASS	Pair Corr
0.37	ALNTG	Netgem SA	Pair Corr
0.34	FBCE	FiberCore	Pair Corr
0.68	SEN	Senetas Split	Pair Corr
0.6	BVC	Batm Advanced Commun	Pair Corr
0.49	GNSS	Genasys Earnings Call Tomorrow	Pair Corr
0.48	3LO	POWERFLEET INC DL	Pair Corr
0.45	TLIK	TELES Informationstech	Pair Corr
0.42	BYL	Baylin Technologies	Pair Corr
0.34	ZTNO	Zoom Technologies	Pair Corr
0.31	GNRD	General Datacomm Ind	Pair Corr

Related Correlations Analysis

	COMM	AVT	BDC	PLXS	EXTR	DOCN	VRRM	VICR	VRNS	QTWO
COMM		0.42	0.34	0.54	-0.38	0.58	-0.13	0.71	-0.12	-0.18	COMM
AVT	0.42		0.83	0.93	-0.59	0.87	-0.88	0.76	-0.8	-0.69	AVT
BDC	0.34	0.83		0.75	-0.41	0.77	-0.71	0.51	-0.74	-0.53	BDC
PLXS	0.54	0.93	0.75		-0.68	0.89	-0.78	0.88	-0.65	-0.65	PLXS
EXTR	-0.38	-0.59	-0.41	-0.68		-0.74	0.39	-0.75	0.2	0.84	EXTR
DOCN	0.58	0.87	0.77	0.89	-0.74		-0.69	0.87	-0.54	-0.72	DOCN
VRRM	-0.13	-0.88	-0.71	-0.78	0.39	-0.69		-0.54	0.85	0.57	VRRM
VICR	0.71	0.76	0.51	0.88	-0.75	0.87	-0.54		-0.36	-0.56	VICR
VRNS	-0.12	-0.8	-0.74	-0.65	0.2	-0.54	0.85	-0.36		0.49	VRNS
QTWO	-0.18	-0.69	-0.53	-0.65	0.84	-0.72	0.57	-0.56	0.49		QTWO
	COMM	AVT	BDC	PLXS	EXTR	DOCN	VRRM	VICR	VRNS	QTWO

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

PLXS	+ 0.93	AVT
DOCN	+ 0.89	PLXS
VICR	+ 0.88	PLXS
DOCN	+ 0.87	AVT
VICR	+ 0.87	DOCN
VRNS	+ 0.85	VRRM

High negative correlations

VRRM	- 0.88	AVT
VRNS	- 0.8	AVT
VRRM	- 0.78	PLXS
VICR	- 0.75	EXTR
DOCN	- 0.74	EXTR
VRNS	- 0.74	BDC

Risk-Adjusted Indicators

There is a big difference between Viavi Stock performing well and Viavi Solutions 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 Viavi Solutions' 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
COMM	1.99	0.39	0.12	(4.23)	2.44	(2.16)	4.14	(4.01)	15.17
AVT	1.42	0.47	0.42	0.48	0.65	(1.88)	3.60	(1.76)	14.65
BDC	1.55	0.30	0.16	0.33	1.56	(1.73)	4.37	(2.93)	10.85
PLXS	1.93	0.42	0.19	0.34	2.03	(2.11)	4.31	(3.99)	12.94
EXTR	1.44	(0.22)	0.00	10.75	0.00	0.00	2.31	(4.33)	9.42
DOCN	2.60	0.35	0.15	0.24	2.52	(3.06)	7.04	(3.94)	16.76
VRRM	1.23	(0.38)	0.00	(0.53)	0.00	0.00	2.29	(2.65)	8.35
VICR	2.71	0.75	0.19	0.46	3.20	(2.80)	6.34	(6.12)	23.16
VRNS	2.43	(0.48)	0.00	(0.35)	0.00	0.00	4.40	(6.17)	17.40
QTWO	1.68	(0.42)	0.00	(2.73)	0.00	0.00	3.11	(5.37)	11.87

Viavi Solutions Corporate Management

Petra Nagel	Senior Resources	Profile
Pamela Avent	Global Controller	Profile
Sagar Hebbar	Head Relations	Profile
Michael Seidl	Sr Management	Profile
Jim Veler	Chief Officer	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