Logitech International Correlations

LOGI Stock

USD 105.26 0.29 0.28%

The current 90-days correlation between Logitech International and IONQ Inc is 0.31 (i.e., Weak diversification). The correlation of Logitech International 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.

Logitech International Correlation With Market

Very weak diversification

The correlation between Logitech International SA and DJI is 0.46 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Logitech International SA and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Logitech Stock

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

Moving against Logitech Stock

0.31	FWDI	Forward Industries, Symbol Change	Pair Corr
0.34	002177	Guangzhou KingTeller	Pair Corr
0.32	000977	Inspur Electronic Info	Pair Corr

Related Correlations Analysis

	IONQ	GDDY	J	CPAY	IT	FTV	GEN	NTAP	GIB
IONQ		0.68	0.64	-0.23	0.5	-0.7	0.22	0.78	0.03	IONQ
GDDY	0.68		0.53	-0.24	0.53	-0.67	0.37	0.62	-0.09	GDDY
J	0.64	0.53		-0.65	0.24	-0.78	-0.2	0.48	-0.49	J
CPAY	-0.23	-0.24	-0.65		0.13	0.67	0.65	0.03	0.77	CPAY
IT	0.5	0.53	0.24	0.13		-0.28	0.67	0.48	0.38	IT
FTV	-0.7	-0.67	-0.78	0.67	-0.28		0.11	-0.45	0.55	FTV
GEN	0.22	0.37	-0.2	0.65	0.67	0.11		0.38	0.64	GEN
NTAP	0.78	0.62	0.48	0.03	0.48	-0.45	0.38		0.14	NTAP
GIB	0.03	-0.09	-0.49	0.77	0.38	0.55	0.64	0.14		GIB
	IONQ	GDDY	J	CPAY	IT	FTV	GEN	NTAP	GIB

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

NTAP	+ 0.78	IONQ
GIB	+ 0.77	CPAY
GDDY	+ 0.68	IONQ
FTV	+ 0.67	CPAY
GEN	+ 0.67	IT
GEN	+ 0.65	CPAY

High negative correlations

FTV	- 0.78	J
FTV	- 0.7	IONQ
FTV	- 0.67	GDDY
CPAY	- 0.65	J
GIB	- 0.49	J
NTAP	- 0.45	FTV

Risk-Adjusted Indicators

There is a big difference between Logitech Stock performing well and Logitech International 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 Logitech International'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
IONQ	5.19	(0.72)	0.00	(0.21)	0.00	0.00	11.10	(9.00)	30.56
GDDY	1.07	(0.24)	0.00	(0.25)	0.00	0.00	1.71	(3.27)	8.52
J	1.34	(0.23)	0.00	(0.08)	0.00	0.00	2.67	(2.84)	15.57
CPAY	1.42	(0.02)	0.00	0.06	1.94	(1.47)	3.76	(3.57)	8.99
IT	1.45	(0.14)	0.00	(0.04)	0.00	0.00	4.38	(4.35)	15.43
FTV	0.92	0.15	0.13	0.25	0.87	(1.06)	2.11	(1.41)	5.25
GEN	0.98	(0.13)	0.00	(0.07)	0.00	0.00	2.26	(1.90)	5.68
NTAP	1.38	(0.25)	0.00	(0.12)	0.00	0.00	3.17	(2.85)	8.54
GIB	0.92	(0.02)	(0.02)	0.05	1.67	(0.83)	1.62	(2.52)	10.29

Logitech International Corporate Management

Prakash Arunkundrum	Head Sustainability	Profile
Alastair Curtis	Chief Officer	Profile
Kirsty Russell	Head Culture	Profile
Bruno Rodriguez	Head Communications	Profile
Ehrika Gladden	Head Marketing	Profile
Nicole Kenyon	Head USA	Profile
Sree Chenincherry	Head Operations	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