Airgain Correlations

Stocks . USA . 
Stock . Airgain
AIRG Stock  USD 7.15  0.03  0.42%   
The correlation of Airgain 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.

Airgain Correlation With Market

Modest diversification

The correlation between Airgain and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Airgain and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Airgain. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in Airgain Stock please use our How to Invest in Airgain guide.

Moving together with Airgain Stock

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  0.63BHE Benchmark ElectronicsPairCorr
  0.65HPQ HP IncPairCorr
  0.7WDC Western DigitalPairCorr
  0.71BELFA Bel Fuse A Earnings Call This WeekPairCorr
  0.75NTAP NetApp IncPairCorr
  0.7DELL Dell Technologies Aggressive PushPairCorr
  0.62S SentinelOnePairCorr

Moving against Airgain Stock

  0.79LPTH LightPath TechnologiesPairCorr
  0.66KULR KULR Technology Group Aggressive PushPairCorr
  0.55MTEKW Maris Tech WarrantsPairCorr
  0.4IONQ IONQ IncPairCorr
  0.39OST Ostin TechnologyPairCorr
  0.33IVDAW Iveda Solutions WarrantPairCorr
  0.62QBTS D Wave Quantum Aggressive PushPairCorr
  0.57CALX Calix IncPairCorr
  0.54PSTG Pure StoragePairCorr
  0.54CPSH Cps Technologies Tech BoostPairCorr
  0.46ANET Arista Networks Earnings Call TomorrowPairCorr
  0.37KD Kyndryl HoldingsPairCorr
  0.35CRCT Cricut IncPairCorr

Related Correlations Analysis

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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   
CMBM
+ 0.34
CPSH
CRNT
+ 0.11
CPSH
CPSH
+ 0.0
PCTI
AKTS
+ 0.0
PCTI
CMBM
+ 0.0
PCTI
CRNT
+ 0.0
PCTI
  
High negative correlations   
CRNT
- 0.27
CMBM
CRNT
- 0.0
AKTS
CMBM
- 0.0
AKTS
AKTS
- 0.0
CPSH
CRNT
- 0.0
PCTI
CMBM
- 0.0
PCTI

Risk-Adjusted Indicators

There is a big difference between Airgain Stock performing well and Airgain 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 Airgain'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.

Airgain Corporate Management

Morad SbahiChief OfficerProfile
Alexis WaadtDirector RelationsProfile
Dallas WuHead ServicesProfile
Leonard JohnsonAdvisorProfile
Jules CassanoDirector MarketingProfile
Suzanne ZoumarasChief OfficerProfile
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