Amprius Technologies Correlations
AMPX Stock | USD 5.53 0.59 11.94% |
The current 90-days correlation between Amprius Technologies and NETGEAR is 0.32 (i.e., Weak diversification). The correlation of Amprius Technologies 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.
Amprius Technologies Correlation With Market
Very weak diversification
The correlation between Amprius Technologies and DJI is 0.51 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amprius Technologies and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Amprius Stock
0.9 | BE | Bloom Energy Corp | PairCorr |
0.72 | ELVA | Electrovaya Common Shares | PairCorr |
0.93 | ENVX | Enovix Corp | PairCorr |
0.66 | FCEL | FuelCell Energy | PairCorr |
0.86 | AYI | Acuity Brands | PairCorr |
0.66 | EAF | GrafTech International | PairCorr |
0.87 | ESP | Espey Mfg Electronics | PairCorr |
0.77 | NVT | nVent Electric PLC | PairCorr |
0.76 | VRT | Vertiv Holdings | PairCorr |
0.74 | HUBB | Hubbell | PairCorr |
0.95 | PLPC | Preformed Line Products | PairCorr |
0.72 | PLUG | Plug Power | PairCorr |
0.77 | POWL | Powell Industries | PairCorr |
0.87 | RAYA | Erayak Power Solution | PairCorr |
0.61 | APWC | Asia Pacific Wire | PairCorr |
0.68 | ATKR | Atkore International | PairCorr |
Moving against Amprius Stock
0.63 | GWH | ESS Tech | PairCorr |
0.46 | ADN | Advent Technologies | PairCorr |
0.36 | STI | Solidion Technology | PairCorr |
0.81 | DFLI | Chardan NexTech Acqu | PairCorr |
0.66 | DFLIW | Chardan NexTech Acqu | PairCorr |
0.57 | POLA | Polar Power | PairCorr |
0.52 | ADSEW | ADS TEC ENERGY | PairCorr |
0.42 | IPWR | Ideal Power | PairCorr |
0.35 | LNKS | Linkers Industries | PairCorr |
Related Correlations Analysis
0.83 | 0.92 | 0.85 | 0.84 | 0.95 | MTG | ||
0.83 | 0.84 | 0.78 | 0.79 | 0.79 | VGRDF | ||
0.92 | 0.84 | 0.87 | 0.87 | 0.93 | IPGP | ||
0.85 | 0.78 | 0.87 | 0.81 | 0.87 | NTGR | ||
0.84 | 0.79 | 0.87 | 0.81 | 0.83 | VPG | ||
0.95 | 0.79 | 0.93 | 0.87 | 0.83 | ARW | ||
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Risk-Adjusted Indicators
There is a big difference between Amprius Stock performing well and Amprius Technologies 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 Amprius Technologies' 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
MTG | 1.40 | 0.04 | 0.02 | 0.11 | 1.88 | 3.14 | 10.35 | |||
VGRDF | 0.47 | 0.12 | 0.00 | 1.28 | 0.00 | 2.64 | 5.41 | |||
IPGP | 2.46 | 0.14 | 0.05 | 0.15 | 4.18 | 5.17 | 28.70 | |||
NTGR | 2.48 | 0.25 | 0.09 | 0.23 | 3.10 | 5.80 | 22.43 | |||
VPG | 3.65 | 0.46 | 0.06 | (1.53) | 4.99 | 9.10 | 44.34 | |||
ARW | 1.46 | 0.28 | 0.13 | 0.32 | 1.90 | 2.88 | 13.98 |
Amprius Technologies Corporate Management
Constantin Stefan | Chief Officer | Profile | |
Jonathan Bornstein | Chief Officer | Profile | |
Sandra Wallach | Chief Officer | Profile | |
Ronnie Tao | Vice Sales | Profile | |
Siyu Jiang | Vice Affairs | Profile | |
Scott Zafiropoulo | Senior Marketing | Profile |