SigmaTron International Correlations

SGMA Stock

USD 3.01 0.01 0.33%

The current 90-days correlation between SigmaTron International and Ostin Technology Group is 0.02 (i.e., Significant diversification). The correlation of SigmaTron International 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.

SigmaTron International Correlation With Market

Good diversification

The correlation between SigmaTron International and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SigmaTron International and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with SigmaTron Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SigmaTron International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.

Moving together with SigmaTron Stock

0.79	LPL	LG Display Earnings Call This Week	Pair Corr
0.76	VSH	Vishay Intertechnology	Pair Corr
0.92	LASR	nLIGHT Inc	Pair Corr
0.84	LITE	Lumentum Holdings	Pair Corr
0.62	NTGR	NETGEAR	Pair Corr
0.74	RGTIW	Rigetti Computing Trending	Pair Corr
0.9	QBTS	D Wave Quantum Aggressive Push	Pair Corr
0.85	QUBT	Quantum Computing Aggressive Push	Pair Corr
0.71	RDWR	Radware	Pair Corr
0.7	RGTI	Rigetti Computing Trending	Pair Corr
0.66	AAOI	Applied Opt	Pair Corr
0.86	AVNW	Aviat Networks	Pair Corr
0.68	CIEN	Ciena Corp	Pair Corr
0.66	CRNT	Ceragon Networks	Pair Corr
0.86	CSCO	Cisco Systems	Pair Corr
0.85	MU	Micron Technology	Pair Corr
0.8	MX	MagnaChip Semiconductor	Pair Corr
0.8	ON	ON Semiconductor	Pair Corr
0.8	VRRM	Verra Mobility Corp	Pair Corr
0.79	ADI	Analog Devices	Pair Corr
0.77	AMD	Advanced Micro Devices Aggressive Push	Pair Corr
0.79	ARM	Arm Holdings plc	Pair Corr
0.7	FRGE	Forge Global Holdings	Pair Corr
0.62	GFS	Globalfoundries	Pair Corr

Moving against SigmaTron Stock

0.71	IMTE	Integrated Media Tec Tech Boost	Pair Corr
0.36	QMCO	Quantum	Pair Corr
0.79	FRGT	Freight Technologies	Pair Corr

Related Correlations Analysis

	OST	SANM	PLXS	BHE	IMTE	KTCC	NSYS	RCMT	SMIT
OST		-0.36	-0.07	-0.29	-0.12	0.08	0.15	-0.04	0.0	OST
SANM	-0.36		0.86	0.87	-0.63	0.66	0.35	0.85	0.0	SANM
PLXS	-0.07	0.86		0.82	-0.62	0.73	0.45	0.93	0.0	PLXS
BHE	-0.29	0.87	0.82		-0.5	0.62	0.1	0.74	0.0	BHE
IMTE	-0.12	-0.63	-0.62	-0.5		-0.5	-0.34	-0.58	0.0	IMTE
KTCC	0.08	0.66	0.73	0.62	-0.5		0.45	0.8	0.0	KTCC
NSYS	0.15	0.35	0.45	0.1	-0.34	0.45		0.55	0.0	NSYS
RCMT	-0.04	0.85	0.93	0.74	-0.58	0.8	0.55		0.0	RCMT
SMIT	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		SMIT
	OST	SANM	PLXS	BHE	IMTE	KTCC	NSYS	RCMT	SMIT

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

RCMT	+ 0.93	PLXS
BHE	+ 0.87	SANM
PLXS	+ 0.86	SANM
RCMT	+ 0.85	SANM
BHE	+ 0.82	PLXS
RCMT	+ 0.8	KTCC

High negative correlations

IMTE	- 0.63	SANM
IMTE	- 0.62	PLXS
RCMT	- 0.58	IMTE
KTCC	- 0.5	IMTE
IMTE	- 0.5	BHE
SANM	- 0.36	OST

Risk-Adjusted Indicators

There is a big difference between SigmaTron Stock performing well and SigmaTron International 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 SigmaTron International'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
OST	13.71	3.51	0.12	(4.43)	19.69	(15.13)	25.42	(36.36)	392.65
SANM	1.42	0.31	0.19	0.44	1.41	(1.69)	2.86	(2.48)	8.16
PLXS	1.11	0.04	0.02	0.18	1.09	(1.27)	2.47	(2.10)	6.55
BHE	1.44	0.03	0.02	0.16	2.94	(1.55)	3.22	(1.98)	18.09
IMTE	2.74	0.14	0.00	3.02	2.82	(3.50)	5.93	(4.17)	12.46
KTCC	2.37	0.46	0.12	(2.55)	2.09	(2.96)	6.17	(4.40)	17.82
NSYS	2.71	0.14	0.02	0.51	3.50	(3.08)	5.38	(5.61)	23.21
RCMT	2.01	0.61	0.35	0.87	1.18	(2.52)	4.39	(2.82)	19.76
SMIT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

SigmaTron International Corporate Executives

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

	James Reiman	Treasurer CFO	Profile
	BS CPA	VP CFO	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