Frequency Electronics Correlations

FEIM Stock

USD 55.98 0.31 0.55%

The current 90-days correlation between Frequency Electronics and Teledyne Technologies Incorporated is 0.26 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Frequency Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Frequency Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Frequency Electronics Correlation With Market

Average diversification

The correlation between Frequency Electronics and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Frequency Electronics and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Frequency Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frequency Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Frequency Stock, please use our How to Invest in Frequency Electronics guide.

Moving together with Frequency Stock

0.62	688053	Chengdu Screen Micro	Pair Corr
0.73	300502	Eoptolink Technology	Pair Corr
0.66	301321	Highbroad Advanced	Pair Corr

Moving against Frequency Stock

0.31	DSWL	Deswell Industries Tech Boost	Pair Corr
0.65	ELSE	Electro Sensors	Pair Corr
0.51	000727	TPV Technology	Pair Corr
0.64	300862	Anhui Landun Photoel	Pair Corr
0.58	001373	Jiangsu Topfly New	Pair Corr
0.57	002402	Shenzhen HT Intelligent	Pair Corr
0.39	301045	Talant Optronics	Pair Corr

Related Correlations Analysis

	TDY	VRSN	NTAP	LDOS	FTV	PTC	BR	TRMB	TTD
TDY		0.79	0.77	0.18	-0.64	0.85	0.71	0.03	0.76	TDY
VRSN	0.79		0.52	-0.01	-0.57	0.59	0.76	0.01	0.46	VRSN
NTAP	0.77	0.52		0.11	-0.45	0.75	0.51	0.39	0.64	NTAP
LDOS	0.18	-0.01	0.11		-0.23	0.17	-0.15	0.03	0.38	LDOS
FTV	-0.64	-0.57	-0.45	-0.23		-0.79	-0.27	0.4	-0.86	FTV
PTC	0.85	0.59	0.75	0.17	-0.79		0.5	-0.02	0.92	PTC
BR	0.71	0.76	0.51	-0.15	-0.27	0.5		0.2	0.33	BR
TRMB	0.03	0.01	0.39	0.03	0.4	-0.02	0.2		-0.15	TRMB
TTD	0.76	0.46	0.64	0.38	-0.86	0.92	0.33	-0.15		TTD
	TDY	VRSN	NTAP	LDOS	FTV	PTC	BR	TRMB	TTD

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

TTD	+ 0.92	PTC
PTC	+ 0.85	TDY
VRSN	+ 0.79	TDY
NTAP	+ 0.77	TDY
TTD	+ 0.76	TDY
BR	+ 0.76	VRSN

High negative correlations

TTD	- 0.86	FTV
PTC	- 0.79	FTV
FTV	- 0.64	TDY
FTV	- 0.57	VRSN
FTV	- 0.45	NTAP
BR	- 0.27	FTV

Risk-Adjusted Indicators

There is a big difference between Frequency Stock performing well and Frequency Electronics 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 Frequency Electronics' 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
TDY	1.10	(0.21)	0.00	(0.12)	0.00	0.00	1.75	(1.97)	7.20
VRSN	1.04	(0.26)	0.00	(0.35)	0.00	0.00	1.93	(2.77)	7.38
NTAP	1.38	(0.25)	0.00	(0.12)	0.00	0.00	3.17	(2.85)	8.54
LDOS	1.11	(0.07)	(0.06)	(0.01)	1.49	(1.08)	2.11	(2.64)	6.28
FTV	0.92	0.15	0.13	0.25	0.87	(1.06)	2.11	(1.41)	5.25
PTC	1.03	(0.30)	0.00	(0.18)	0.00	0.00	1.48	(2.39)	11.28
BR	0.72	(0.08)	0.00	(0.12)	0.00	0.00	1.15	(1.92)	5.47
TRMB	1.27	(0.12)	(0.03)	0.01	2.05	(1.16)	2.51	(2.74)	9.57
TTD	1.86	(0.35)	0.00	(0.32)	0.00	0.00	3.16	(4.10)	11.62

Frequency Electronics Corporate Executives

Elected by the shareholders, the Frequency Electronics' board of directors comprises two types of representatives: Frequency Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Frequency. The board's role is to monitor Frequency Electronics' management team and ensure that shareholders' interests are well served. Frequency Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Frequency Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.

	Steven CPA	Secretary CFO	Profile
	Steven Bernstein	Secretary CFO	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

2025 Macroaxis LLC