TE Connectivity Correlations

TEL Stock

USD 177.11 2.08 1.19%

The current 90-days correlation between TE Connectivity and Jabil Circuit is 0.73 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TE Connectivity moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TE Connectivity moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

TE Connectivity Correlation With Market

Very poor diversification

The correlation between TE Connectivity and DJI is 0.83 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TE Connectivity and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with TEL Stock

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

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

Moving together with TEL Stock

0.87	ELTK	Eltek	Pair Corr
0.75	BHE	Benchmark Electronics	Pair Corr
0.88	CDW	CDW Corp	Pair Corr
0.92	CLS	Celestica	Pair Corr
0.94	CTS	CTS Corporation	Pair Corr
0.97	GLW	Corning Incorporated	Pair Corr
0.89	JBL	Jabil Circuit	Pair Corr
0.92	LPL	LG Display	Pair Corr
0.89	MEI	Methode Electronics	Pair Corr
0.96	VSH	Vishay Intertechnology Sell-off Trend	Pair Corr
0.95	WDC	Western Digital	Pair Corr
0.7	BELFA	Bel Fuse A	Pair Corr
0.79	BELFB	Bel Fuse B	Pair Corr
0.84	KVHI	KVH Industries	Pair Corr
0.91	LASR	nLIGHT Inc	Pair Corr
0.89	NTGR	NETGEAR	Pair Corr
0.89	OSIS	OSI Systems	Pair Corr
0.94	PLUS	ePlus inc	Pair Corr
0.94	PLXS	Plexus Corp	Pair Corr
0.9	RDCM	Radcom	Pair Corr
0.76	RELL	Richardson Electronics	Pair Corr
0.88	SANM	Sanmina	Pair Corr
0.91	SSYS	Stratasys	Pair Corr
0.83	BOSC	BOS Better Online	Pair Corr
0.93	TTMI	TTM Technologies	Pair Corr
0.78	CODA	Coda Octopus Group	Pair Corr
0.96	CRSR	Corsair Gaming	Pair Corr
0.64	UMAC	Unusual Machines, Upward Rally	Pair Corr

Moving against TEL Stock

0.88	FKWL	Franklin Wireless Corp	Pair Corr
0.82	IMTE	Integrated Media Tec	Pair Corr
0.46	EHGO	Eshallgo Class A	Pair Corr
0.42	WBX	Wallbox NV	Pair Corr
0.92	STAI	ScanTech AI Systems	Pair Corr

Related Correlations Analysis

	LFUS	FN	JBL	SANM	MEI	APH	PLXS	OSIS	BHE	BELFA
LFUS		0.9	0.89	0.87	0.9	0.97	0.93	0.89	0.73	0.72	LFUS
FN	0.9		0.99	0.96	0.91	0.93	0.86	0.68	0.81	0.9	FN
JBL	0.89	0.99		0.97	0.91	0.92	0.86	0.66	0.83	0.91	JBL
SANM	0.87	0.96	0.97		0.87	0.9	0.87	0.65	0.88	0.91	SANM
MEI	0.9	0.91	0.91	0.87		0.92	0.87	0.77	0.76	0.79	MEI
APH	0.97	0.93	0.92	0.9	0.92		0.93	0.85	0.76	0.73	APH
PLXS	0.93	0.86	0.86	0.87	0.87	0.93		0.84	0.83	0.7	PLXS
OSIS	0.89	0.68	0.66	0.65	0.77	0.85	0.84		0.53	0.47	OSIS
BHE	0.73	0.81	0.83	0.88	0.76	0.76	0.83	0.53		0.83	BHE
BELFA	0.72	0.9	0.91	0.91	0.79	0.73	0.7	0.47	0.83		BELFA
	LFUS	FN	JBL	SANM	MEI	APH	PLXS	OSIS	BHE	BELFA

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between TEL Stock performing well and TE Connectivity 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 TE Connectivity'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
LFUS	2.06	0.23	0.14	0.38	2.24	(2.31)	4.72	(2.71)	19.64
FN	2.40	0.32	0.18	0.40	2.45	(2.86)	5.66	(4.62)	25.48
JBL	1.60	0.62	0.51	0.70	0.37	(1.95)	5.04	(1.57)	18.07
SANM	1.56	0.33	0.22	0.53	1.37	(2.00)	3.71	(2.48)	14.36
MEI	2.77	0.10	0.04	0.31	4.98	(2.83)	6.58	(3.95)	36.47
APH	1.30	0.46	0.43	0.62	0.27	(1.61)	4.42	(1.49)	13.26
PLXS	1.30	(0.03)	0.03	0.22	1.15	(1.56)	2.55	(2.10)	16.40
OSIS	1.75	0.01	0.02	0.25	2.29	(1.72)	4.51	(3.52)	14.87
BHE	1.61	0.01	0.02	0.24	2.90	(1.79)	3.49	(2.16)	25.51
BELFA	2.48	0.29	0.16	0.42	2.20	(2.81)	5.48	(3.92)	19.05

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