Dhc Software Correlations

002065 Stock

9.93 0.62 5.88%

The current 90-days correlation between Dhc Software and Fibocom Wireless is 0.47 (i.e., Very weak diversification). The correlation of Dhc Software 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.

Dhc Software Correlation With Market

Significant diversification

The correlation between Dhc Software Co and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dhc Software Co and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Dhc Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dhc Software 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 Dhc Software - 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 Dhc Software Co to buy it.

Moving together with Dhc Stock

0.63	603360	Dalian Bio Chem	Pair Corr
0.75	003022	Levima Advanced Materials	Pair Corr
0.7	002571	Anhui Deli Household	Pair Corr

Moving against Dhc Stock

0.72	600941	China Mobile Limited Earnings Call This Week	Pair Corr
0.71	601939	China Construction Bank	Pair Corr
0.6	601398	Industrial and Commercial	Pair Corr
0.54	600036	China Merchants Bank	Pair Corr
0.44	601898	China Coal Energy Earnings Call This Week	Pair Corr
0.37	601988	Bank of China	Pair Corr
0.32	601857	PetroChina	Pair Corr

Related Correlations Analysis

	300638	603551	000526	000609	688111	300590	600498
300638		0.58	-0.4	0.7	0.75	0.12	0.86	300638
603551	0.58		-0.35	0.79	0.44	0.22	0.59	603551
000526	-0.4	-0.35		-0.75	-0.2	0.56	-0.48	000526
000609	0.7	0.79	-0.75		0.51	-0.19	0.7	000609
688111	0.75	0.44	-0.2	0.51		0.25	0.59	688111
300590	0.12	0.22	0.56	-0.19	0.25		-0.13	300590
600498	0.86	0.59	-0.48	0.7	0.59	-0.13		600498
	300638	603551	000526	000609	688111	300590	600498

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

600498	+ 0.86	300638
000609	+ 0.79	603551
688111	+ 0.75	300638
000609	+ 0.7	300638
600498	+ 0.7	000609
600498	+ 0.59	603551

High negative correlations

000609	- 0.75	000526
600498	- 0.48	000526
000526	- 0.4	300638
000526	- 0.35	603551
688111	- 0.2	000526
300590	- 0.19	000609

Risk-Adjusted Indicators

There is a big difference between Dhc Stock performing well and Dhc Software 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 Dhc Software'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
300638	2.42	0.15	0.04	0.72	3.04	(2.45)	5.19	(5.07)	15.95
603551	1.43	0.14	0.04	(0.26)	1.62	(1.70)	4.00	(2.13)	11.58
000526	1.43	(0.13)	0.00	0.59	0.00	0.00	3.15	(3.98)	11.42
000609	2.29	0.52	0.20	0.72	2.10	(2.75)	4.97	(4.99)	10.27
688111	2.15	0.18	0.05	0.44	2.60	(2.36)	5.21	(4.25)	16.80
300590	1.56	(0.16)	0.00	0.77	0.00	0.00	2.56	(3.01)	8.82
600498	2.10	0.31	0.09	(1.94)	2.51	(2.28)	4.85	(5.36)	16.02

Be your own money manager

Our tools can tell you how much better you can do entering a position in Dhc Software 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.

Did you try this?

Run Commodity Directory Now

Commodity Directory

Find actively traded commodities issued by global exchanges

All Next

Launch Module

Dhc Software Corporate Management

Elected by the shareholders, the Dhc Software's board of directors comprises two types of representatives: Dhc Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dhc. The board's role is to monitor Dhc Software's management team and ensure that shareholders' interests are well served. Dhc Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dhc Software's outside directors are responsible for providing unbiased perspectives on the board's policies.

Wei Jin	Deputy Mang	Profile
Haozhe Guo	Deputy Manager	Profile
Bo Lv	Vice GM	Profile
Jinhui Tong	Deputy Manager	Profile
Jinchong Xia	Deputy Mang	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC