M Tron Correlations

MPTI Stock

USD 37.39 0.61 1.61%

The current 90-days correlation between M tron Industries and Ieh Corp is 0.04 (i.e., Significant diversification). The correlation of M Tron 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.

M Tron Correlation With Market

Very weak diversification

The correlation between M tron Industries and DJI is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding M tron Industries 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 M tron Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with MPTI Stock

0.72	PAY	Paymentus Holdings	Pair Corr
0.73	IONQ	IONQ Inc Buyout Trend	Pair Corr
0.72	MOVE	Movano Inc	Pair Corr
0.81	S	SentinelOne	Pair Corr
0.81	AI	C3 Ai Inc	Pair Corr
0.87	BL	Blackline	Pair Corr
0.73	ZM	Zoom Video Communications Sell-off Trend	Pair Corr
0.85	VMEO	Vimeo Inc	Pair Corr
0.68	FIVN	Five9 Inc	Pair Corr
0.79	ARW	Arrow Electronics	Pair Corr
0.69	BMR	Beamr Imaging	Pair Corr
0.72	BSY	Bentley Systems	Pair Corr
0.86	CRM	Salesforce	Pair Corr
0.72	HKD	AMTD Digital	Pair Corr

Moving against MPTI Stock

0.42	MQ	Marqeta	Pair Corr
0.41	GB	Global Blue Group	Pair Corr
0.39	CSCO	Cisco Systems	Pair Corr
0.32	ENFN	Enfusion	Pair Corr
0.64	UMC	United Microelectronics	Pair Corr
0.54	GROV	Virgin Group Acquisition	Pair Corr
0.44	IBM	International Business	Pair Corr

Related Correlations Analysis

	IEHC	MPAD	INRD	DSWL	MEI	RELL	OSIS	BELFB	CTS	BELFA
IEHC		0.0	0.0	0.49	0.75	0.62	-0.39	0.41	0.85	0.74	IEHC
MPAD	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	MPAD
INRD	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	INRD
DSWL	0.49	0.0	0.0		0.55	0.59	-0.29	0.36	0.67	0.64	DSWL
MEI	0.75	0.0	0.0	0.55		0.67	-0.17	0.65	0.84	0.81	MEI
RELL	0.62	0.0	0.0	0.59	0.67		-0.27	0.6	0.74	0.79	RELL
OSIS	-0.39	0.0	0.0	-0.29	-0.17	-0.27		0.21	-0.46	-0.31	OSIS
BELFB	0.41	0.0	0.0	0.36	0.65	0.6	0.21		0.52	0.75	BELFB
CTS	0.85	0.0	0.0	0.67	0.84	0.74	-0.46	0.52		0.91	CTS
BELFA	0.74	0.0	0.0	0.64	0.81	0.79	-0.31	0.75	0.91		BELFA
	IEHC	MPAD	INRD	DSWL	MEI	RELL	OSIS	BELFB	CTS	BELFA

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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

BELFA	+ 0.91	CTS
CTS	+ 0.85	IEHC
CTS	+ 0.84	MEI
BELFA	+ 0.81	MEI
BELFA	+ 0.79	RELL
MEI	+ 0.75	IEHC

High negative correlations

CTS	- 0.46	OSIS
OSIS	- 0.39	IEHC
BELFA	- 0.31	OSIS
OSIS	- 0.29	DSWL
OSIS	- 0.27	RELL
OSIS	- 0.17	MEI

Risk-Adjusted Indicators

There is a big difference between MPTI Stock performing well and M Tron 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 M Tron'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
IEHC	3.12	(0.27)	0.00	0.27	0.00	0.00	8.91	(11.43)	30.95
MPAD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
INRD	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DSWL	0.95	(0.07)	0.00	(0.53)	0.00	0.00	2.15	(2.07)	6.97
MEI	3.13	(0.66)	0.00	(0.33)	0.00	0.00	5.37	(6.72)	38.95
RELL	1.63	(0.14)	0.00	(0.61)	0.00	0.00	3.79	(3.55)	17.14
OSIS	1.99	0.21	0.07	0.08	2.46	(2.04)	3.70	(4.10)	19.95
BELFB	1.65	(0.11)	0.00	(0.27)	0.00	0.00	3.05	(3.23)	12.43
CTS	1.28	(0.33)	0.00	(0.40)	0.00	0.00	2.05	(3.56)	6.79
BELFA	1.92	(0.36)	0.00	(0.87)	0.00	0.00	3.53	(4.33)	13.15

M Tron Corporate Management

James Tivy	Chief Officer	Profile
Dick Thompson	Vice Sales	Profile
Gregory Anderson	Pres Inc	Profile
Michael Sr	CEO Director	Profile
William Drafts	President	Profile
Cameron Pforr	Chief Officer	Profile

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