Sonim Technologies Correlations
| SONM Stock | USD 2.19 0.05 2.34% |
The current 90-days correlation between Sonim Technologies and Farmmi Inc is 0.2 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sonim Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonim Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Sonim Technologies Correlation With Market
Good diversification
The correlation between Sonim Technologies and DJI is -0.1 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sonim Technologies and DJI in the same portfolio, assuming nothing else is changed.
Sonim |
Moving together with Sonim Stock
| 0.72 | KN | Knowles Cor | PairCorr |
| 0.65 | EBON | Ebang International | PairCorr |
| 0.62 | EHGO | Eshallgo Class A | PairCorr |
| 0.77 | EXTR | Extreme Networks | PairCorr |
| 0.85 | BHE | Benchmark Electronics | PairCorr |
| 0.65 | MEI | Methode Electronics Earnings Call This Week | PairCorr |
| 0.64 | BELFA | Bel Fuse A | PairCorr |
| 0.65 | JNPR | Juniper Networks | PairCorr |
| 0.73 | MOVE | Movano Inc | PairCorr |
Moving against Sonim Stock
| 0.58 | ELTK | Eltek Tech Boost | PairCorr |
| 0.57 | GLW | Corning Incorporated | PairCorr |
| 0.55 | CLS | Celestica | PairCorr |
| 0.5 | FKWL | Franklin Wireless Corp | PairCorr |
| 0.66 | LPL | LG Display | PairCorr |
| 0.61 | INFN | Infinera Earnings Call This Week | PairCorr |
| 0.57 | JBL | Jabil Circuit | PairCorr |
| 0.5 | GAUZ | Gauzy Ordinary | PairCorr |
| 0.45 | KODK | Eastman Kodak | PairCorr |
| 0.39 | OCC | Optical Cable | PairCorr |
| 0.61 | NTCT | NetScout Systems | PairCorr |
| 0.61 | SANM | Sanmina | PairCorr |
| 0.61 | SSYS | Stratasys Earnings Call This Week | PairCorr |
| 0.47 | OSIS | OSI Systems | 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
|
Risk-Adjusted Indicators
There is a big difference between Sonim Stock performing well and Sonim Technologies 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 Sonim Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FAMI | 3.71 | (0.31) | 0.00 | 0.09 | 0.00 | 7.41 | 28.34 | |||
| BRQS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PBTS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| METX | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SONN | 4.46 | (0.62) | 0.00 | (4.36) | 0.00 | 9.38 | 44.37 |
Sonim Technologies Corporate Management
| Stephanie Sogawa | Legal Counsel | Profile | |
| Simon Rayne | EMEA UK | Profile | |
| Charles Becher | Chief America | Profile | |
| Clayton Crolius | Chief Officer | Profile | |
| Clay Crolius | Chief Officer | Profile | |
| Katie Smith | Chief Staff | Profile |