Correlation Between QuickLogic and InTest

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The correlation profile for QuickLogic and inTest shows how their movements relate. The comparison reflects how diversifiable risk is distributed across the pair. The dataset reflects observed price behavior across time frames.
This reference page shows whether QuickLogic and inTest provide true diversification or mostly duplicate risk. Pair correlation can improve allocation efficiency and manage overlap risk. A paired long QuickLogic and short InTest view adds relative-value context. Go to your portfolio center

Diversification Opportunities for QuickLogic and InTest

0.78
  Correlation Coefficient
Poor diversification
The 3 months correlation between QuickLogic and InTest is 0.78. Overlapping area represents the amount of risk that can be diversified away by holding QuickLogic and inTest in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on inTest and QuickLogic is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on QuickLogic are associated (or correlated) with InTest. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of inTest has no effect on the direction of QuickLogic i.e., QuickLogic and InTest go up and down completely randomly.

Pair Corralation between QuickLogic and InTest

Given the investment horizon of 90 days QuickLogic is expected to generate 1.72 times less return on investment than InTest. In addition to that, QuickLogic is 1.11 times more volatile than inTest. It trades about 0.16 of its total potential returns per unit of risk. inTest is currently generating about 0.31 per unit of volatility. If you had invested $ 743.00 in inTest on December 24, 2025 and sold it today you would have earned a total of $ 708.00 from holding inTest or generated 95.29% return on investment over 90 days.
Time Period3 Months [change]
DirectionMoves Together 
StrengthSignificant
Accuracy98.36%
ValuesDaily Returns

QuickLogic  vs.  inTest

 Performance 
       Timeline  
QuickLogic 
Risk-Adjusted Performance
Balanced
 
Weak
 
Strong
On a recent 90-day basis, QuickLogic sits below 12% of comparable global equities and portfolios in risk-adjusted performance. Used properly, the ranking helps separate absolute gains from efficient gains. Despite quite weak forward indicators, QuickLogic disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
inTest 
Risk-Adjusted Performance
Constructive
 
Weak
 
Strong
Compared with the broader market, risk-adjusted returns on inTest rank lower than 24% of all global equities and portfolios over the last 90 days. The business is commonly classified in the Technology sector and the Semiconductor Equipment & Materials industry. In spite of comparatively weak basic indicators, InTest unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more

QuickLogic and InTest Volatility Contrast

   Predicted Return Distribution   
       Density  

Pair Trading with QuickLogic and InTest

Two-leg strategies using QuickLogic and InTest matter because the combined position can be designed to be more market-neutral. The stronger process checks whether the correlation is stable enough to justify the hedge logic before the trade is sized.
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The information on this page should be treated as a complementary input when building or adjusting a diversified portfolio. The stronger workflow is to validate these signals with other models before acting. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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