LogicMark Correlations

LGMK Stock

USD 0.17 0.01 5.56%

The current 90-days correlation between LogicMark and Knightscope is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LogicMark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LogicMark moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

LogicMark Correlation With Market

Average diversification

The correlation between LogicMark and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding LogicMark and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LogicMark. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more information on how to buy LogicMark Stock please use our How to buy in LogicMark Stock guide.

Moving together with LogicMark Stock

0.76	KE	Kimball Electronics	Pair Corr
0.93	KN	Knowles Cor	Pair Corr
0.64	DSWL	Deswell Industries	Pair Corr
0.88	EBON	Ebang International	Pair Corr
0.71	EHGO	Eshallgo Class A	Pair Corr
0.88	EXTR	Extreme Networks	Pair Corr
0.69	FEIM	Frequency Electronics	Pair Corr
0.76	APH	Amphenol	Pair Corr
0.77	BDC	Belden Inc	Pair Corr
0.91	BHE	Benchmark Electronics	Pair Corr
0.95	CTS	CTS Corporation	Pair Corr
0.68	HPE	Hewlett Packard Ente Aggressive Push	Pair Corr
0.83	IDN	Intellicheck Mobilisa Earnings Call Today	Pair Corr
0.76	MEI	Methode Electronics	Pair Corr
0.78	MOB	Mobilicom Limited	Pair Corr
0.82	MSI	Motorola Solutions	Pair Corr

Moving against LogicMark Stock

0.49	VIAV	Viavi Solutions	Pair Corr
0.45	SATLW	Satellogic Warrant	Pair Corr
0.91	FKWL	Franklin Wireless Corp	Pair Corr
0.62	DLB	Dolby Laboratories	Pair Corr
0.55	FFIV	F5 Networks	Pair Corr
0.91	NOK	Nokia Corp ADR Aggressive Push	Pair Corr
0.46	LPL	LG Display	Pair Corr
0.44	TEL	TE Connectivity	Pair Corr
0.38	OST	Ostin Technology	Pair Corr

Related Correlations Analysis

	GFAIW	KSCP	BAER	IVDA	GFAI	IVDAW	BAERW	BCO	ALLE	MG
GFAIW		0.44	0.27	0.4	0.7	0.28	0.07	0.06	-0.09	-0.56	GFAIW
KSCP	0.44		0.56	0.55	0.57	-0.03	0.1	0.56	0.59	-0.66	KSCP
BAER	0.27	0.56		0.43	0.67	0.21	0.83	0.42	0.33	-0.08	BAER
IVDA	0.4	0.55	0.43		0.6	0.52	0.22	0.21	0.05	-0.29	IVDA
GFAI	0.7	0.57	0.67	0.6		0.47	0.51	0.35	0.1	-0.2	GFAI
IVDAW	0.28	-0.03	0.21	0.52	0.47		0.28	0.01	-0.4	0.17	IVDAW
BAERW	0.07	0.1	0.83	0.22	0.51	0.28		0.19	0.05	0.31	BAERW
BCO	0.06	0.56	0.42	0.21	0.35	0.01	0.19		0.6	-0.06	BCO
ALLE	-0.09	0.59	0.33	0.05	0.1	-0.4	0.05	0.6		-0.26	ALLE
MG	-0.56	-0.66	-0.08	-0.29	-0.2	0.17	0.31	-0.06	-0.26		MG
	GFAIW	KSCP	BAER	IVDA	GFAI	IVDAW	BAERW	BCO	ALLE	MG

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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

BAERW	+ 0.83	BAER
GFAI	+ 0.7	GFAIW
GFAI	+ 0.67	BAER
GFAI	+ 0.6	IVDA
ALLE	+ 0.6	BCO
ALLE	+ 0.59	KSCP

High negative correlations

MG	- 0.66	KSCP
MG	- 0.56	GFAIW
ALLE	- 0.4	IVDAW
MG	- 0.29	IVDA
MG	- 0.26	ALLE
MG	- 0.2	GFAI

Risk-Adjusted Indicators

There is a big difference between LogicMark Stock performing well and LogicMark 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 LogicMark'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
GFAIW	13.93	1.81	0.14	(0.68)	12.48	(23.01)	35.00	(25.68)	138.35
KSCP	4.64	(1.32)	0.00	(0.65)	0.00	0.00	8.33	(9.92)	25.01
BAER	4.26	(0.32)	0.00	(2.91)	0.00	0.00	11.60	(7.49)	36.45
IVDA	9.72	1.22	0.14	(0.53)	10.21	(12.50)	25.53	(18.39)	78.84
GFAI	7.44	0.26	0.03	0.09	8.30	(9.59)	14.00	(12.00)	81.22
IVDAW	17.41	5.14	0.23	0.88	15.23	(23.60)	51.65	(26.32)	146.40
BAERW	11.25	1.67	0.13	0.71	10.20	(16.21)	22.69	(21.74)	111.05
BCO	1.33	(0.04)	0.00	(0.13)	0.00	0.00	2.39	(2.85)	8.34
ALLE	1.18	(0.06)	0.00	(0.19)	0.00	0.00	1.92	(3.02)	7.89
MG	1.45	0.22	0.15	0.21	1.45	(1.75)	3.15	(2.02)	16.34

LogicMark Corporate Management

Garett Hunter	Senior Marketing	Profile
ChiaLin Simmons	CEO and President	Profile
Mark Archer	Chief Officer	Profile
Kenneth Hoskins	Vice Operations	Profile
Brady Farrell	VP Sales	Profile

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