Lam Research Correlations
| LRCX Stock | USD 75.84 1.71 2.21% |
The current 90-days correlation between Lam Research Corp and ASML Holding NV is 0.77 (i.e., Poor diversification). The correlation of Lam Research 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Lam Research Correlation With Market
Weak diversification
The correlation between Lam Research Corp and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lam Research Corp and DJI in the same portfolio, assuming nothing else is changed.
Lam |
Moving together with Lam Stock
| 0.75 | BB | BlackBerry | PairCorr |
| 0.69 | ZS | Zscaler | PairCorr |
| 0.69 | DOCN | DigitalOcean Holdings | PairCorr |
| 0.74 | FTNT | Fortinet | PairCorr |
| 0.72 | GWRE | Guidewire Software | PairCorr |
Moving against Lam Stock
| 0.41 | VRAR | Glimpse Group | PairCorr |
| 0.36 | NN | Nextnav Acquisition Corp | PairCorr |
| 0.52 | SGD | Safe and Green | 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 Lam Stock performing well and Lam Research 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 Lam Research'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ASML | 1.76 | 0.06 | 0.03 | 0.02 | 2.42 | 3.42 | 14.29 | |||
| KLAC | 1.69 | 0.21 | 0.08 | 0.12 | 2.33 | 4.13 | 11.35 | |||
| ACLS | 1.98 | (0.36) | 0.00 | (0.51) | 0.00 | 3.46 | 18.06 | |||
| TER | 2.17 | (0.40) | 0.00 | (0.47) | 0.00 | 3.19 | 24.25 | |||
| AMAT | 1.86 | (0.07) | 0.00 | (0.14) | 0.00 | 3.78 | 12.72 | |||
| AEHR | 4.34 | (0.12) | 0.00 | (0.18) | 0.00 | 7.69 | 52.75 | |||
| PLAB | 1.38 | (0.29) | 0.00 | (0.44) | 0.00 | 2.41 | 7.31 | |||
| KLIC | 1.55 | (0.41) | 0.00 | (0.51) | 0.00 | 2.73 | 9.74 | |||
| ENTG | 2.03 | (0.06) | 0.00 | (0.12) | 0.00 | 3.84 | 11.25 | |||
| IPGP | 1.80 | (0.21) | 0.00 | (0.29) | 0.00 | 4.39 | 9.93 |
Lam Research Corporate Management
| Richard Gottscho | Executive VP of Global Products | Profile | |
| Christina Correia | VP Officer | Profile | |
| Steve Fine | Corporate Officer | Profile | |
| Ram Ganesh | Vice Relations | Profile | |
| Ava Harter | Senior Officer | Profile | |
| Seshasayee Varadarajan | Senior Group | Profile |