PC Tel Correlations

Summary

PCTIDelisted Stock

USD 5.02 0.02 0.40%

The current 90-days correlation between PC Tel Inc and CAMP4 THERAPEUTICS PORATION is 0.02 (i.e., Significant diversification). The correlation of PC Tel 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.

PC Tel Correlation With Market

Average diversification

The correlation between PC Tel Inc and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding PC Tel Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios. 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 against PCTI Stock

0.58	BPTS	Biophytis	Pair Corr
0.5	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr
0.49	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.45	PSGTF	PT Semen Indonesia	Pair Corr
0.45	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.44	NVR	NVR Inc	Pair Corr
0.44	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.43	VLCN	Volcon Inc	Pair Corr
0.41	AULT	Ault Alliance Symbol Change	Pair Corr
0.4	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.35	PFE	Pfizer Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	CAMP	DZSI	FEIM	DGII	ITRN	OCC	ITI	KVHI	KN
CAMP		-0.06	0.07	0.37	0.17	-0.34	0.04	-0.1	0.13	CAMP
DZSI	-0.06		-0.87	-0.57	-0.57	0.71	-0.77	-0.52	-0.66	DZSI
FEIM	0.07	-0.87		0.59	0.67	-0.69	0.83	0.63	0.67	FEIM
DGII	0.37	-0.57	0.59		0.81	-0.84	0.45	0.7	0.84	DGII
ITRN	0.17	-0.57	0.67	0.81		-0.87	0.62	0.89	0.9	ITRN
OCC	-0.34	0.71	-0.69	-0.84	-0.87		-0.6	-0.78	-0.8	OCC
ITI	0.04	-0.77	0.83	0.45	0.62	-0.6		0.6	0.56	ITI
KVHI	-0.1	-0.52	0.63	0.7	0.89	-0.78	0.6		0.79	KVHI
KN	0.13	-0.66	0.67	0.84	0.9	-0.8	0.56	0.79		KN
	CAMP	DZSI	FEIM	DGII	ITRN	OCC	ITI	KVHI	KN

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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

KN	+ 0.9	ITRN
KVHI	+ 0.89	ITRN
KN	+ 0.84	DGII
ITI	+ 0.83	FEIM
ITRN	+ 0.81	DGII
KN	+ 0.79	KVHI

High negative correlations

OCC	- 0.87	ITRN
FEIM	- 0.87	DZSI
OCC	- 0.84	DGII
KN	- 0.8	OCC
KVHI	- 0.78	OCC
ITI	- 0.77	DZSI

Risk-Adjusted Indicators

There is a big difference between PCTI Stock performing well and PC Tel 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 PC Tel'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
CAMP	11.31	(3.89)	0.00	3.95	0.00	0.00	15.38	(24.75)	86.38
DZSI	5.85	(2.71)	0.00	5.62	0.00	0.00	8.73	(20.00)	63.79
FEIM	1.78	0.73	0.52	7.83	0.69	(2.41)	4.30	(2.26)	31.40
DGII	1.52	0.26	0.16	0.17	1.48	(1.72)	3.54	(2.88)	14.14
ITRN	1.05	0.11	0.09	0.16	1.05	(1.21)	2.27	(1.74)	7.32
OCC	2.10	(0.34)	0.00	(0.81)	0.00	0.00	4.43	(4.85)	13.79
ITI	88.12	46.84	46.73	(1.12)	0.00	(108.41)	5.42	(0.41)	2,939
KVHI	1.71	0.21	0.10	0.35	1.77	(2.11)	4.38	(3.23)	10.54
KN	1.50	0.16	0.11	0.12	1.51	(1.75)	2.56	(2.58)	12.11

PC Tel Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PC Tel stock to make a market-neutral strategy. Peer analysis of PC Tel could also be used in its relative valuation, which is a method of valuing PC Tel by comparing valuation metrics with similar companies.

CAMP4 THERAPEUTICS PORATION DZS Inc Frequency Electronics Digi International Ituran Location and Optical Cable Iteris Inc KVH Industries Knowles Cor Comtech Telecommunications Corp Telesat Corp Mynaric AG ADR Silicom American Airlines Group Alcoa Corp

Risk & Return

Correlation

PC Tel Corporate Management

David Neumann	Sr. VP and General Manager of RF Solutions	Profile
Suzanne Cafferty	VP Marketing	Profile
Arnt Arvik	VP Officer	Profile
Michael Rosenberg	Director Marketing	Profile
Shelley Bacastow	Chief VP	Profile

Still Interested in PC Tel Inc?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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