GSI Technology Correlations

GSIT Stock

USD 3.01 0.19 5.94%

The current 90-days correlation between GSI Technology and Wisekey International Holding is -0.03 (i.e., Good diversification). The correlation of GSI Technology 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.

GSI Technology Correlation With Market

Modest diversification

The correlation between GSI Technology and DJI is 0.23 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GSI Technology and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with GSI Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GSI Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

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

Moving together with GSI Stock

0.78	ON	ON Semiconductor	Pair Corr
0.71	ENTG	Entegris	Pair Corr
0.62	ARM	Arm Holdings plc	Pair Corr
0.68	ASX	ASE Industrial Holding	Pair Corr
0.66	GFS	Globalfoundries	Pair Corr
0.68	ICG	Intchains Group	Pair Corr
0.82	VLN	Valens	Pair Corr
0.66	MCHP	Microchip Technology	Pair Corr
0.72	MRAM	Everspin Technologies	Pair Corr
0.63	MTSI	MACOM Technology Sol	Pair Corr
0.76	EBON	Ebang International	Pair Corr

Moving against GSI Stock

0.41	ROG	Rogers	Pair Corr
0.32	FKWL	Franklin Wireless Corp	Pair Corr

Related Correlations Analysis

	WKEY	NA	LEDS	LAES	MRAM	AXTI	GENC	DAIO	TRAK
WKEY		0.48	0.65	0.65	-0.05	-0.18	-0.33	-0.57	0.63	WKEY
NA	0.48		0.52	0.83	0.32	-0.18	-0.38	-0.24	0.53	NA
LEDS	0.65	0.52		0.79	0.06	-0.39	-0.45	-0.72	0.93	LEDS
LAES	0.65	0.83	0.79		0.33	-0.25	-0.46	-0.44	0.78	LAES
MRAM	-0.05	0.32	0.06	0.33		0.35	0.04	0.42	0.0	MRAM
AXTI	-0.18	-0.18	-0.39	-0.25	0.35		0.56	0.38	-0.56	AXTI
GENC	-0.33	-0.38	-0.45	-0.46	0.04	0.56		0.44	-0.54	GENC
DAIO	-0.57	-0.24	-0.72	-0.44	0.42	0.38	0.44		-0.7	DAIO
TRAK	0.63	0.53	0.93	0.78	0.0	-0.56	-0.54	-0.7		TRAK
	WKEY	NA	LEDS	LAES	MRAM	AXTI	GENC	DAIO	TRAK

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

TRAK	+ 0.93	LEDS
LAES	+ 0.83	NA
LAES	+ 0.79	LEDS
TRAK	+ 0.78	LAES
LEDS	+ 0.65	WKEY
LAES	+ 0.65	WKEY

High negative correlations

DAIO	- 0.72	LEDS
TRAK	- 0.7	DAIO
DAIO	- 0.57	WKEY
TRAK	- 0.56	AXTI
TRAK	- 0.54	GENC
GENC	- 0.46	LAES

Risk-Adjusted Indicators

There is a big difference between GSI Stock performing well and GSI Technology 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 GSI Technology'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
WKEY	3.60	(0.12)	0.00	0.22	0.00	0.00	8.54	(7.28)	26.90
NA	8.41	1.83	0.18	(1.06)	7.17	(10.00)	25.62	(11.33)	94.81
LEDS	3.80	(0.65)	0.00	(0.92)	0.00	0.00	6.12	(7.01)	19.78
LAES	3.76	(0.42)	0.00	(0.14)	0.00	0.00	6.85	(7.93)	26.30
MRAM	2.11	(0.11)	(0.02)	0.06	2.48	(2.34)	5.51	(4.19)	10.75
AXTI	4.29	0.77	0.20	0.40	4.32	(4.92)	10.19	(7.42)	29.71
GENC	2.29	(0.01)	0.05	0.13	2.77	(2.33)	4.38	(3.89)	15.13
DAIO	1.90	0.31	0.03	(0.29)	2.71	(2.25)	4.81	(2.92)	19.18
TRAK	1.72	(0.67)	0.00	(0.29)	0.00	0.00	3.66	(4.10)	8.75

GSI Technology Corporate Management

Ping Wu	VP of U.S. Operations	Profile
Didier Lasserre	VP of Sales	Profile
Patrick Chuang	Senior Design	Profile
Douglas CPA	Chief Officer	Profile
Douglas Schirle	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

2025 Macroaxis LLC