AmpliTech Correlations
| AMPGW Stock | USD 0.45 0.04 9.76% |
The current 90-days correlation between AmpliTech Group and Auddia Inc is 0.15 (i.e., Average diversification). The correlation of AmpliTech 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. If the correlation is 0, the equities are not correlated; they are entirely random.
AmpliTech Correlation With Market
Good diversification
The correlation between AmpliTech Group 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 AmpliTech Group and DJI in the same portfolio, assuming nothing else is changed.
AmpliTech |
Moving together with AmpliTech Stock
| 0.72 | IONQ | IONQ Inc Buyout Trend | PairCorr |
| 0.74 | MOVE | Movano Inc | PairCorr |
| 0.65 | NTGR | NETGEAR | PairCorr |
| 0.74 | AI | C3 Ai Inc | PairCorr |
| 0.65 | DV | DoubleVerify Holdings | PairCorr |
| 0.61 | EVCM | EverCommerce | PairCorr |
| 0.68 | FIVN | Five9 Inc | PairCorr |
| 0.65 | BMR | Beamr Imaging | PairCorr |
| 0.72 | BSY | Bentley Systems | PairCorr |
| 0.64 | CRM | Salesforce | PairCorr |
| 0.72 | HKD | AMTD Digital | PairCorr |
Moving against AmpliTech Stock
| 0.61 | MQ | Marqeta | PairCorr |
| 0.45 | ENFN | Enfusion | PairCorr |
| 0.36 | UMC | United Microelectronics | PairCorr |
| 0.34 | GROV | Virgin Group Acquisition | PairCorr |
Related Correlations Analysis
| -0.25 | 0.0 | -0.06 | 0.29 | AUUDW | ||
| -0.25 | 0.0 | -0.51 | -0.51 | AMPG | ||
| 0.0 | 0.0 | 0.0 | 0.0 | CUENW | ||
| -0.06 | -0.51 | 0.0 | 0.63 | ADNWW | ||
| 0.29 | -0.51 | 0.0 | 0.63 | CYTHW | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between AmpliTech Stock performing well and AmpliTech 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 AmpliTech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AUUDW | 13.88 | 1.73 | 0.09 | (0.78) | 15.00 | 35.04 | 86.82 | |||
| AMPG | 7.61 | 0.26 | 0.01 | 0.04 | 10.39 | 16.90 | 100.75 | |||
| CUENW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ADNWW | 8.41 | 1.77 | 0.19 | 2.93 | 8.09 | 22.22 | 73.81 | |||
| CYTHW | 8.78 | 0.78 | 0.04 | 0.22 | 9.99 | 20.00 | 100.00 |
AmpliTech Corporate Management
| John Pastore | Director Sales | Profile | |
| Fawad Maqbool | Chairman, Founder | Profile | |
| Tom Wright | Vice Development | Profile | |
| Jorge Flores | Chief Officer | Profile |