Correlation Between Semilux International and CLPS

Can any of the company-specific risk be diversified away by investing in both Semilux International and CLPS at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Semilux International and CLPS into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Semilux International Ltd and CLPS Inc, you can compare the effects of market volatilities on Semilux International and CLPS and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Semilux International with a short position of CLPS. Check out your portfolio center. Please also check ongoing floating volatility patterns of Semilux International and CLPS.

Diversification Opportunities for Semilux International and CLPS

0.4

Correlation Coefficient

Semilux International  CLPS

Very weak diversification

The 3 months correlation between Semilux and CLPS is 0.4. Overlapping area represents the amount of risk that can be diversified away by holding Semilux International Ltd and CLPS Inc in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on CLPS Inc and Semilux International is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Semilux International Ltd are associated (or correlated) with CLPS. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of CLPS Inc has no effect on the direction of Semilux International i.e., Semilux International and CLPS go up and down completely randomly.

Pair Corralation between Semilux International and CLPS

Given the investment horizon of 90 days Semilux International Ltd is expected to under-perform the CLPS. In addition to that, Semilux International is 1.76 times more volatile than CLPS Inc. It trades about -0.02 of its total potential returns per unit of risk. CLPS Inc is currently generating about 0.01 per unit of volatility. If you would invest  105.00  in CLPS Inc on August 26, 2025 and sell it today you would lose (13.00) from holding CLPS Inc or give up 12.38% of portfolio value over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Weak
Accuracy	100.0%
Values	Daily Returns

Semilux International Ltd  vs.  CLPS Inc

Semilux International

Risk-Adjusted Performance

Weakest

Over the last 90 days Semilux International Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's essential indicators remain fairly strong which may send shares a bit higher in December 2025. The current disturbance may also be a sign of long term up-swing for the company investors.

CLPS Inc

Risk-Adjusted Performance

Weakest

Over the last 90 days CLPS Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, CLPS is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors.

Pair Trading with Semilux International and CLPS

The main advantage of trading using opposite Semilux International and CLPS positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Semilux International position performs unexpectedly, CLPS can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CLPS will offset losses from the drop in CLPS's long position.

The idea behind Semilux International Ltd and CLPS Inc pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.