MACOM Technology Correlations

Correlation to Market: MACOM Technology

MACOM Technology has a market cap of 16.42 B, operating margin of 15.94%, ROE of 12.95%. Correlation Analysis adds portfolio-level perspective. The portfolio structure is presented for analytical context. The view is constructed from recorded portfolio positions. A position in MACOM Technology Solutions appears within the mix. The allocation reflects this within the position set. Position sizing reflects the allocation methodology applied to the portfolio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

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 QRVO + 0.99 SWKS QBTS + 0.85 PCOR DAY + 0.75 NVMI LSCC + 0.71 NVMI AMKR + 0.69 NVMI DAY + 0.67 LSCC

High negative correlations PCOR - 0.77 LSCC PCOR - 0.75 NVMI DAY - 0.72 PCOR NVMI - 0.69 SWKS QBTS - 0.68 DAY QBTS - 0.64 LSCC

Risk-Adjusted Indicators

There is a big difference between MACOM Stock performing well and MACOM Technology Company doing well as a business compared to the competition. A thorough review of MACOM Technology's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.