RF Industries Correlations

RFIL Stock

USD 7.03 0.31 4.61%

The current 90-days correlation between RF Industries and Flux Power Holdings is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as RF Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if RF Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

RF Industries Correlation With Market

Good diversification

The correlation between RF Industries and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding RF Industries and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with RFIL Stock

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RF Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

Moving together with RFIL Stock

0.82	VSH	Vishay Intertechnology	Pair Corr
0.68	GILT	Gilat Satellite Networks	Pair Corr
0.68	LASR	nLIGHT Inc	Pair Corr
0.62	RDWR	Radware	Pair Corr
0.66	AAOI	Applied Opt	Pair Corr
0.69	ADTN	ADTRAN Inc	Pair Corr
0.61	MX	MagnaChip Semiconductor	Pair Corr
0.61	ENLV	Enlivex Therapeutics	Pair Corr
0.61	AMD	Advanced Micro Devices Aggressive Push	Pair Corr
0.76	ARM	Arm Holdings plc	Pair Corr
0.68	GFS	Globalfoundries	Pair Corr

Moving against RFIL Stock

0.61	QMCO	Quantum	Pair Corr
0.32	HPQ	HP Inc	Pair Corr
0.37	S	SentinelOne	Pair Corr
0.51	FRGT	Freight Technologies	Pair Corr

Related Correlations Analysis

	FLUX	EAF	AEIS	PPSI	ABBNY	NSYS	RELL	SMIT	ALOT
FLUX		-0.17	0.27	0.18	0.0	0.19	0.39	0.0	0.48	FLUX
EAF	-0.17		0.73	0.29	0.0	0.24	0.54	0.0	0.4	EAF
AEIS	0.27	0.73		0.29	0.0	0.3	0.88	0.0	0.83	AEIS
PPSI	0.18	0.29	0.29		0.0	-0.14	0.33	0.0	0.24	PPSI
ABBNY	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	ABBNY
NSYS	0.19	0.24	0.3	-0.14	0.0		0.27	0.0	0.32	NSYS
RELL	0.39	0.54	0.88	0.33	0.0	0.27		0.0	0.84	RELL
SMIT	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	SMIT
ALOT	0.48	0.4	0.83	0.24	0.0	0.32	0.84	0.0		ALOT
	FLUX	EAF	AEIS	PPSI	ABBNY	NSYS	RELL	SMIT	ALOT

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

RELL	+ 0.88	AEIS
ALOT	+ 0.84	RELL
ALOT	+ 0.83	AEIS
AEIS	+ 0.73	EAF
RELL	+ 0.54	EAF
ALOT	+ 0.48	FLUX

High negative correlations

EAF	- 0.17	FLUX
NSYS	- 0.14	PPSI
ALOT	- 0.0	SMIT
SMIT	- 0.0	RELL
SMIT	- 0.0	NSYS
ALOT	- 0.0	ABBNY

Risk-Adjusted Indicators

There is a big difference between RFIL Stock performing well and RF Industries 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 RF Industries' 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
FLUX	4.00	0.51	0.11	0.59	4.06	(4.94)	9.15	(7.69)	33.82
EAF	5.88	1.93	0.34	(2.47)	4.41	(7.85)	14.85	(7.69)	35.27
AEIS	1.68	0.71	0.47	0.81	0.77	(2.06)	3.86	(2.01)	14.25
PPSI	2.32	0.18	0.07	0.26	2.49	(2.94)	7.33	(3.66)	15.61
ABBNY	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NSYS	2.75	0.25	0.02	(0.81)	3.63	(3.06)	5.38	(5.61)	23.21
RELL	1.89	0.06	0.06	0.17	2.08	(2.04)	3.89	(3.43)	10.26
SMIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
ALOT	2.02	0.51	0.21	0.79	1.74	(2.24)	4.33	(3.55)	28.83

RF Industries Corporate Executives

Elected by the shareholders, the RF Industries' board of directors comprises two types of representatives: RF Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RFIL. The board's role is to monitor RF Industries' management team and ensure that shareholders' interests are well served. RF Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RF Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.

Peter CPA

CFO Treasurer

Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC