BK Technologies Correlations
| BKTI Stock | USD 31.58 2.61 9.01% |
The current 90-days correlation between BK Technologies and Frequency Electronics is 0.31 (i.e., Weak diversification). The correlation of BK Technologies 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.
BK Technologies Correlation With Market
Significant diversification
The correlation between BK Technologies and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BK Technologies and DJI in the same portfolio, assuming nothing else is changed.
BKTI |
Moving against BKTI Stock
| 0.38 | PTAIF | PT Astra International | PairCorr |
| 0.35 | INTC | Intel Aggressive Push | PairCorr |
| 0.43 | GE | GE Aerospace Sell-off Trend | PairCorr |
| 0.39 | JNJ | Johnson Johnson | PairCorr |
| 0.33 | CVX | Chevron Corp | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 BKTI Stock performing well and BK Technologies 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 BK Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FEIM | 2.14 | 0.51 | 0.25 | 4.25 | 1.66 | 4.44 | 35.61 | |||
| WSTL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ITI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ASNS | 3.85 | (0.09) | 0.00 | (0.39) | 0.00 | 8.63 | 38.94 | |||
| TESS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OCC | 5.11 | 1.31 | 0.27 | 0.66 | 3.87 | 20.50 | 73.76 | |||
| PCTI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DZSI | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BYLTF | 1.13 | (0.60) | 0.00 | 4.12 | 0.00 | 0.00 | 22.22 | |||
| PWFL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
BK Technologies Corporate Management
| Lorenzo Cruger | Senior Engineering | Profile | |
| Gerardo Urbina | Vice Resources | Profile | |
| Scott Malmanger | Principal CFO | Profile | |
| Stephen Theisen | Senior Marketing | Profile | |
| Henry Willis | Chief Officer | Profile | |
| Branko Avanic | Chief Officer | Profile |