Viomi Technology Correlations

Correlation With Market Overview: Viomi Technology

Viomi Technology has a market cap of 66.8 million, an operating margin of 1.02% on a trailing twelve-month basis, compared to 4.4% in the last reported annual period, current ratio of 1.98. Diversification benefit depends on the correlation structure among all held positions. Broader economic conditions can influence Viomi Technology ADR's company valuation - related indicators include signals in metropolitan statistical area.

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 HBB + 0.86 LOVE KEQU + 0.86 INSE INSE + 0.84 GHG RICK + 0.8 LOVE RICK + 0.77 HBB KEQU + 0.75 GHG

High negative correlations DENN - 0.72 GHG LOGC - 0.66 GHG DENN - 0.65 INSE LOGC - 0.61 INSE LOGC - 0.51 KEQU KEQU - 0.49 DENN

Risk-Adjusted Indicators

Evaluating Viomi Technology Stock requires separating price momentum from underlying operating strength versus competitors. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.