Aviat Networks Correlations

Aviat Networks Correlation With Market

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aviat Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Aviat Stock please use our How to Invest in Aviat Networks guide.

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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    GILT + 0.89 AUDC ITRN + 0.83 GILT ITRN + 0.81 AUDC KVHI + 0.81 GILT KVHI + 0.72 AUDC GILT + 0.72 SILC

High negative correlations    CMTL - 0.7 GILT MYNA - 0.7 GILT MYNA - 0.67 SILC CMTL - 0.63 AUDC MYNA - 0.61 AUDC ITRN - 0.6 MYNA

Risk-Adjusted Indicators

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