Logitech International Correlations
| LOGI Stock | USD 92.45 2.48 2.76% |
The current 90-days correlation between Logitech International and Pure Storage is -0.05 (i.e., Good diversification). The correlation of Logitech International 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.
Logitech International Correlation With Market
Good diversification
The correlation between Logitech International SA and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Logitech International SA and DJI in the same portfolio, assuming nothing else is changed.
Logitech |
Moving together with Logitech Stock
| 0.9 | CSCO | Cisco Systems | PairCorr |
| 0.83 | EC | Ecopetrol SA ADR | PairCorr |
| 0.69 | JPM | JPMorgan Chase | PairCorr |
| 0.76 | MMM | 3M Company | PairCorr |
| 0.61 | WMT | Walmart | PairCorr |
| 0.84 | GE | GE Aerospace | PairCorr |
| 0.68 | JNJ | Johnson Johnson | PairCorr |
Moving against Logitech Stock
| 0.56 | PTAIY | Astra International Tbk | PairCorr |
| 0.53 | PTITF | PT Indosat Tbk | PairCorr |
| 0.5 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.37 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.35 | CAT | Caterpillar | PairCorr |
Related Correlations Analysis
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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 Logitech Stock performing well and Logitech International 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 Logitech International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PSTG | 2.30 | (0.26) | 0.00 | (0.25) | 0.00 | 3.38 | 20.50 | |||
| STX | 1.52 | (0.05) | 0.00 | (0.08) | 0.00 | 3.20 | 13.10 | |||
| HPQ | 1.25 | (0.21) | 0.00 | (0.35) | 0.00 | 1.82 | 9.02 | |||
| DELL | 2.36 | (0.20) | 0.00 | (0.27) | 0.00 | 3.96 | 12.66 | |||
| WDC | 2.06 | (0.09) | 0.00 | (0.11) | 0.00 | 4.74 | 13.32 | |||
| NTAP | 1.63 | (0.37) | 0.00 | (0.66) | 0.00 | 2.13 | 18.90 | |||
| SMCI | 5.60 | 0.61 | 0.10 | 0.52 | 5.95 | 12.23 | 33.52 | |||
| ANET | 2.77 | (0.30) | 0.00 | (0.25) | 0.00 | 5.27 | 29.20 |
Logitech International Corporate Management
| Prakash Arunkundrum | Head Sustainability | Profile | |
| Alastair Curtis | Chief Officer | Profile | |
| Kirsty Russell | Head Culture | Profile | |
| Ehrika Gladden | Head Marketing | Profile | |
| Nicole Kenyon | Head USA | Profile | |
| Sree Chenincherry | Head Operations | Profile | |
| Krista Todd | VP USA | Profile |