Lattice Semiconductor Correlations

LSCC Stock  USD 53.58  1.08  2.06%   
The correlation of Lattice Semiconductor 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.

Lattice Semiconductor Correlation With Market

Very weak diversification

The correlation between Lattice Semiconductor and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lattice Semiconductor and DJI in the same portfolio, assuming nothing else is changed.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lattice Semiconductor. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Lattice Stock refer to our How to Trade Lattice Stock guide.

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Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Lattice Stock performing well and Lattice Semiconductor 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 Lattice Semiconductor'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
QRVO  1.52  0.72  0.32 (3.52) 0.88 
 3.78 
 17.45 
SITM  2.40  0.33  0.13  0.39  3.23 
 6.58 
 29.08 
MCHP  2.23  0.70  0.38  0.74  1.39 
 6.40 
 15.85 
SLAB  2.07  0.38  0.21  0.46  1.77 
 5.73 
 17.01 
NXPI  1.88  0.17  0.12  0.34  1.81 
 4.49 
 13.96 
ADI  1.32  0.48  0.19 (3.73) 0.92 
 3.01 
 12.17 
ON  2.46  0.57  0.25  0.60  2.14 
 6.14 
 17.47 
RMBS  1.92  0.30  0.18  0.43  1.71 
 4.73 
 13.09 
AMKR  1.74  0.21  0.15  0.37  1.44 
 3.82 
 11.83 
MPWR  1.92  0.13  0.16  0.27  1.56 
 4.99 
 17.55 

Lattice Semiconductor Corporate Management

Tonya StevensCorporate OfficerProfile
Pravinchandra DesaleSenior DevelopmentProfile
Lorenzo FloresChief OfficerProfile
Mark NelsonSenior SalesProfile
Glenn ORourkeSenior QualityProfile