Maris Tech Correlations
| MTEKW Stock | USD 0.27 0.01 3.82% |
The current 90-days correlation between Maris Tech Warrants and Maris Tech is 0.1 (i.e., Average diversification). The correlation of Maris Tech 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.
Maris Tech Correlation With Market
Good diversification
The correlation between Maris Tech Ltd Warrants 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 Maris Tech Ltd Warrants and DJI in the same portfolio, assuming nothing else is changed.
Maris |
Moving together with Maris Stock
Moving against Maris Stock
| 0.34 | MLGO | MicroAlgo Trending | PairCorr |
| 0.32 | JG | Aurora Mobile | PairCorr |
| 0.31 | MQ | Marqeta | PairCorr |
| 0.66 | PG | Procter Gamble | PairCorr |
| 0.65 | MCD | McDonalds | PairCorr |
| 0.51 | VZ | Verizon Communications | PairCorr |
| 0.45 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.41 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.39 | TRV | The Travelers Companies | PairCorr |
| 0.33 | IBM | International Business | 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 Maris Stock performing well and Maris Tech 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 Maris Tech'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MTEK | 5.93 | (0.06) | 0.00 | (0.08) | 0.00 | 12.30 | 55.36 | |||
| SYTAW | 13.89 | 2.68 | 0.16 | 11.59 | 13.81 | 36.77 | 141.73 | |||
| KTTAW | 18.99 | 3.87 | 0.20 | (4.68) | 14.99 | 62.34 | 141.61 | |||
| RVSNW | 23.75 | 4.92 | 0.23 | 1.79 | 18.59 | 55.56 | 243.29 | |||
| DRCTW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Maris Tech Corporate Management
| David Raviv | VP Development | Profile | |
| Nir Bussy | Chief Officer | Profile | |
| Carmela Bastiker | Chief Officer | Profile | |
| Leslie Litwin | Member MD | Profile | |
| Yasmin Aboudy | Chief Accountant | Profile | |
| Magenya Roshanski | Chief Officer | Profile | |
| Elad Kashi | Head Design | Profile |