F5 Networks Correlations

FFIV
 Stock
  

USD 153.94  1.09  0.70%   

The correlation of F5 Networks is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as F5 Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if F5 Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
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The ability to find closely correlated positions to F5 Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace F5 Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back F5 Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling F5 Networks to buy it.

Moving together with F5 Networks

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Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether 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   
AVIDAPH
AKTSAAPL
APHAKTS
ARLOAAPL
AKTSAIRG
APHAIRG
  
High negative correlations   
ARLOAPH
AVIDARLO
ARLOAIRG
AVIDALOT

F5 Networks Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between F5 Networks Stock performing well and F5 Networks company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze F5 Networks' multiple risk-adjusted performance indicators. 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
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
AAPL 1.93 (0.20)  0.00 (0.05)  0.00 (0.06)  0.00  3.85 (3.73)  11.79 
AIRG 2.15 (0.01) (0.01)  0.08  2.50 (0.0133) (2.52)  4.44 (4.89)  14.22 
AKTS 3.82 (0.33)  0.00 (0.07)  0.00 (0.0467)  0.00  7.84 (7.51)  23.16 
ALOT 1.47 (0.15)  0.00 (1.98)  0.00 (0.11)  0.00  2.49 (3.84)  12.87 
APH 1.42  0.04  0.03  0.13  1.55  0.0288 (1.58)  3.49 (3.14)  9.29 
ARLO 2.73 (0.80)  0.00 (0.30)  0.00 (0.14)  0.00  6.11 (5.05)  40.14 
AVID 2.57  0.00  0.02  0.10  3.35  0.0189 (2.60)  6.04 (4.47)  18.69 

Be your own money manager

Our tools can tell you how much better you can do entering a position in F5 Networks without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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F5 Networks Corporate Directors

F5 Networks corporate directors refer to members of a F5 Networks board of directors. The board of directors generally takes responsibility for the F5 Networks' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of F5 Networks' board members must vote for the resolution. The F5 Networks board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jonathan Chadwick - Independent DirectorProfile
Deborah Bevier - Independent DirectorProfile
Peter Klein - DirectorProfile
Marie Myers - DirectorProfile

Invested in F5 Networks?

The danger of trading F5 Networks is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of F5 Networks is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than F5 Networks. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile F5 Networks is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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When running F5 Networks price analysis, check to measure F5 Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy F5 Networks is operating at the current time. Most of F5 Networks' value examination focuses on studying past and present price action to predict the probability of F5 Networks' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move F5 Networks' price. Additionally, you may evaluate how the addition of F5 Networks to your portfolios can decrease your overall portfolio volatility.
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Is F5 Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of F5 Networks. If investors know F5 Networks will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about F5 Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.18) 
Market Capitalization
9.3 B
Quarterly Revenue Growth YOY
0.026
Return On Assets
0.0508
Return On Equity
0.13
The market value of F5 Networks is measured differently than its book value, which is the value of F5 Networks that is recorded on the company's balance sheet. Investors also form their own opinion of F5 Networks' value that differs from its market value or its book value, called intrinsic value, which is F5 Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because F5 Networks' market value can be influenced by many factors that don't directly affect F5 Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between F5 Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine F5 Networks value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, F5 Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.