Cisco Systems Correlations

CSCO Stock

USD 59.29 0.30 0.50%

The current 90-days correlation between Cisco Systems and NETGEAR is 0.16 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cisco Systems moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cisco Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Cisco Systems Correlation With Market

Poor diversification

The correlation between Cisco Systems and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cisco Systems 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 Cisco Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

To learn how to invest in Cisco Stock, please use our How to Invest in Cisco Systems guide.

Moving together with Cisco Stock

0.64	KSCP	Knightscope	Pair Corr
0.86	NTGR	NETGEAR	Pair Corr
0.73	MU	Micron Technology	Pair Corr
0.86	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.88	AEIS	Advanced Energy Indu	Pair Corr
0.83	CMWCF	Cromwell Property	Pair Corr
0.82	PBMRF	PT Bumi Resources	Pair Corr
0.65	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.78	T	ATT Inc Aggressive Push	Pair Corr
0.88	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.94	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.86	WMT	Walmart Aggressive Push	Pair Corr
0.85	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.82	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.77	HD	Home Depot Sell-off Trend	Pair Corr
0.92	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr

Moving against Cisco Stock

0.74	LGMK	LogicMark	Pair Corr
0.73	TER	Teradyne	Pair Corr
0.66	MCHP	Microchip Technology	Pair Corr
0.44	ARW	Arrow Electronics	Pair Corr
0.9	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.77	BKRKF	PT Bank Rakyat	Pair Corr
0.69	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.67	PFE	Pfizer Inc Aggressive Push	Pair Corr
0.37	PG	Procter Gamble	Pair Corr

Related Correlations Analysis

	NTGR	CLFD	AAVXF	MSTSX	ID	KNF	CIRAX	GSHD	EURL
NTGR		-0.56	0.0	0.52	0.77	0.9	0.18	0.83	-0.73	NTGR
CLFD	-0.56		0.0	-0.04	-0.63	-0.47	0.44	-0.8	0.85	CLFD
AAVXF	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AAVXF
MSTSX	0.52	-0.04	0.0		0.46	0.67	0.82	0.33	-0.09	MSTSX
ID	0.77	-0.63	0.0	0.46		0.83	0.11	0.83	-0.68	ID
KNF	0.9	-0.47	0.0	0.67	0.83		0.33	0.83	-0.67	KNF
CIRAX	0.18	0.44	0.0	0.82	0.11	0.33		-0.13	0.39	CIRAX
GSHD	0.83	-0.8	0.0	0.33	0.83	0.83	-0.13		-0.91	GSHD
EURL	-0.73	0.85	0.0	-0.09	-0.68	-0.67	0.39	-0.91		EURL
	NTGR	CLFD	AAVXF	MSTSX	ID	KNF	CIRAX	GSHD	EURL

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

KNF	+ 0.9	NTGR
EURL	+ 0.85	CLFD
GSHD	+ 0.83	NTGR
KNF	+ 0.83	ID
GSHD	+ 0.83	ID
GSHD	+ 0.83	KNF

High negative correlations

EURL	- 0.91	GSHD
GSHD	- 0.8	CLFD
EURL	- 0.73	NTGR
EURL	- 0.68	ID
EURL	- 0.67	KNF
ID	- 0.63	CLFD

Risk-Adjusted Indicators

There is a big difference between Cisco Stock performing well and Cisco Systems 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 Cisco Systems' 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
NTGR	2.27	0.56	0.29	0.60	1.52	(2.97)	5.28	(3.74)	34.60
CLFD	2.09	(0.44)	0.00	(0.18)	0.00	0.00	3.15	(4.79)	10.81
AAVXF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.49	(0.04)	(0.13)	0.06	0.52	(0.61)	1.21	(1.02)	2.80
ID	3.77	0.53	0.10	0.68	4.01	(5.10)	7.69	(6.67)	20.54
KNF	1.55	0.21	0.13	0.23	1.90	(1.62)	2.77	(2.46)	12.78
CIRAX	0.34	(0.05)	(0.26)	0.00	0.43	(0.34)	0.66	(0.82)	1.81
GSHD	1.67	0.61	0.41	1.00	0.83	(2.15)	5.06	(2.22)	14.35
EURL	2.00	(0.56)	0.00	(0.38)	0.00	0.00	2.74	(5.13)	12.68

Cisco Systems Corporate Management

Kip Compton	Operations, Strategy	Profile
Tadhg Bourke	Senior Communities	Profile
Deborah Stahlkopf	Executive Officer	Profile
Maria Poveromo	Senior Officer	Profile
Marilyn Mora	Director Relations	Profile
Ahmed Badri	Head Relations	Profile
Nathan Jokel	Senior Alliances	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC