Valens Semiconductor Correlations

VLN-WT Stock

0.04 0.01 28.21%

The current 90-days correlation between Valens Semiconductor and Legacy Education is -0.02 (i.e., Good diversification). The correlation of Valens Semiconductor 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.

Valens Semiconductor Correlation With Market

Significant diversification

The correlation between Valens Semiconductor and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Valens Semiconductor and DJI in the same portfolio, assuming nothing else is changed.

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

Moving against Valens Stock

0.32	PKX	POSCO Holdings	Pair Corr
0.34	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr

Related Correlations Analysis

	LGCY	AAPL	NVDA	MSFT	AMZN	BMYMP	GOOG	META
LGCY		-0.3	-0.5	0.0	-0.23	-0.08	-0.48	-0.74	LGCY
AAPL	-0.3		0.52	0.21	0.21	0.34	0.31	0.52	AAPL
NVDA	-0.5	0.52		0.07	0.72	0.71	0.81	0.7	NVDA
MSFT	0.0	0.21	0.07		0.31	-0.19	0.1	0.27	MSFT
AMZN	-0.23	0.21	0.72	0.31		0.68	0.79	0.55	AMZN
BMYMP	-0.08	0.34	0.71	-0.19	0.68		0.6	0.29	BMYMP
GOOG	-0.48	0.31	0.81	0.1	0.79	0.6		0.66	GOOG
META	-0.74	0.52	0.7	0.27	0.55	0.29	0.66		META
	LGCY	AAPL	NVDA	MSFT	AMZN	BMYMP	GOOG	META

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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

GOOG	+ 0.81	NVDA
GOOG	+ 0.79	AMZN
AMZN	+ 0.72	NVDA
BMYMP	+ 0.71	NVDA
META	+ 0.7	NVDA
BMYMP	+ 0.68	AMZN

High negative correlations

META	- 0.74	LGCY
NVDA	- 0.5	LGCY
GOOG	- 0.48	LGCY
AAPL	- 0.3	LGCY
AMZN	- 0.23	LGCY
BMYMP	- 0.19	MSFT

Risk-Adjusted Indicators

There is a big difference between Valens Stock performing well and Valens Semiconductor 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 Valens Semiconductor'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
LGCY	3.58	1.65	0.37	5.52	3.08	(4.60)	10.85	(5.42)	22.33
AAPL	0.91	(0.01)	(0.05)	0.10	1.19	(0.94)	1.84	(2.25)	6.62
NVDA	2.18	(0.02)	0.00	0.10	3.07	(2.12)	4.07	(4.69)	12.87
MSFT	0.92	(0.05)	(0.05)	0.05	1.49	(0.89)	2.09	(1.85)	8.19
AMZN	1.45	0.13	0.09	0.23	1.53	(1.59)	3.18	(3.06)	10.38
BMYMP	1.49	0.45	0.00	(11.03)	0.00	0.00	3.84	(0.07)	21.01
GOOG	1.19	(0.04)	(0.04)	0.06	1.86	(1.04)	2.21	(2.47)	8.60
META	1.06	0.06	0.02	0.20	1.40	(1.15)	2.62	(3.15)	8.02

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