Interlink Electronics Correlations

LINK Stock

USD 8.92 0.68 7.08%

The current 90-days correlation between Interlink Electronics and Gauzy Ltd Ordinary is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Interlink Electronics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Interlink Electronics moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Interlink Electronics Correlation With Market

Significant diversification

The correlation between Interlink Electronics and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Interlink Electronics and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Interlink Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Interlink Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

For more information on how to buy Interlink Stock please use our How to buy in Interlink Stock guide.

Moving together with Interlink Stock

0.65	NDEKY	Nitto Denko Corp	Pair Corr
0.77	TRV	The Travelers Companies	Pair Corr
0.79	BAC	Bank of America	Pair Corr
0.76	XOM	Exxon Mobil Corp	Pair Corr
0.83	AXP	American Express	Pair Corr
0.78	INTC	Intel	Pair Corr
0.79	GE	GE Aerospace Earnings Call This Week	Pair Corr
0.69	IBM	International Business Earnings Call This Week	Pair Corr

Moving against Interlink Stock

0.76	KO	Coca Cola Earnings Call This Week	Pair Corr
0.59	BA	Boeing	Pair Corr

Related Correlations Analysis

	GAUZ	WRAP	SLNH	OPTX	GNSS	QUIK	CSPI	MYPS	WBX	ASYS
GAUZ		0.15	0.24	0.49	-0.18	0.8	-0.29	0.55	0.79	-0.12	GAUZ
WRAP	0.15		0.75	0.29	0.81	0.37	0.31	-0.48	0.39	0.91	WRAP
SLNH	0.24	0.75		0.49	0.63	0.59	0.18	-0.4	0.52	0.59	SLNH
OPTX	0.49	0.29	0.49		0.11	0.61	-0.25	0.12	0.71	0.14	OPTX
GNSS	-0.18	0.81	0.63	0.11		0.06	0.6	-0.51	0.05	0.88	GNSS
QUIK	0.8	0.37	0.59	0.61	0.06		-0.17	0.29	0.79	0.1	QUIK
CSPI	-0.29	0.31	0.18	-0.25	0.6	-0.17		-0.23	-0.14	0.4	CSPI
MYPS	0.55	-0.48	-0.4	0.12	-0.51	0.29	-0.23		0.28	-0.62	MYPS
WBX	0.79	0.39	0.52	0.71	0.05	0.79	-0.14	0.28		0.11	WBX
ASYS	-0.12	0.91	0.59	0.14	0.88	0.1	0.4	-0.62	0.11		ASYS
	GAUZ	WRAP	SLNH	OPTX	GNSS	QUIK	CSPI	MYPS	WBX	ASYS

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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

ASYS	+ 0.91	WRAP
ASYS	+ 0.88	GNSS
GNSS	+ 0.81	WRAP
QUIK	+ 0.8	GAUZ
WBX	+ 0.79	GAUZ
WBX	+ 0.79	QUIK

High negative correlations

ASYS	- 0.62	MYPS
MYPS	- 0.51	GNSS
MYPS	- 0.48	WRAP
MYPS	- 0.4	SLNH
CSPI	- 0.29	GAUZ
CSPI	- 0.25	OPTX

Risk-Adjusted Indicators

There is a big difference between Interlink Stock performing well and Interlink 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 Interlink 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
GAUZ	3.00	(0.03)	0.00	(3.82)	0.00	0.00	5.77	(5.57)	16.49
WRAP	4.54	0.81	0.19	0.34	4.26	(5.47)	11.02	(7.11)	32.04
SLNH	10.94	4.20	0.49	2.85	6.67	(15.36)	39.41	(13.13)	113.36
OPTX	5.96	0.73	0.10	1.31	6.01	(7.20)	16.67	(11.30)	42.62
GNSS	2.83	0.28	0.06	(6.80)	3.15	(3.46)	7.29	(5.83)	20.62
QUIK	3.22	0.07	0.03	0.08	4.20	(3.23)	8.66	(5.47)	22.77
CSPI	2.67	(0.05)	0.00	0.27	0.00	0.00	5.95	(5.00)	13.91
MYPS	1.80	(0.39)	0.00	(1.00)	0.00	0.00	3.92	(5.00)	12.87
WBX	3.62	0.14	0.02	(0.57)	3.98	(4.34)	10.34	(6.58)	24.80
ASYS	4.68	0.81	0.18	0.33	4.35	(5.51)	13.62	(8.06)	35.04

Interlink Electronics Corporate Executives

Elected by the shareholders, the Interlink Electronics' board of directors comprises two types of representatives: Interlink Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Interlink. The board's role is to monitor Interlink Electronics' management team and ensure that shareholders' interests are well served. Interlink 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, Interlink Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.

Ryan Hoffman

CFO Secretary

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