Aviat Networks Correlations

Stocks . USA . 
Stock . Aviat Networks
AVNW Stock  USD 23.64  0.01  0.04%   
The current 90-days correlation between Aviat Networks and Cambium Networks Corp is 0.16 (i.e., Average diversification). The correlation of Aviat Networks 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.

Aviat Networks Correlation With Market

Weak diversification

The correlation between Aviat Networks and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aviat Networks and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with Aviat Stock
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.

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Risk-Adjusted Indicators

There is a big difference between Aviat Stock performing well and Aviat Networks 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 Aviat Networks' 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.

Aviat Networks Corporate Management

Erin BoaseVP CounselProfile
Bryan TuckerVP AmericasProfile
James FlynnVice ChainProfile
Keith FanneronVP RelationsProfile
Christy CornetVice ChainProfile
Spencer StoakleyChief OfficerProfile
Andrew FredricksonDirector RelationsProfile
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