DocCheck Correlations
| AJ91 Stock | EUR 11.40 0.10 0.88% |
The current 90-days correlation between DocCheck AG and BE Semiconductor Industries is 0.19 (i.e., Good diversification).The correlation coefficient ranges from -1 to +1 and quantifies how closely the stock co-moves with paired assets.
DocCheck Correlation With Broad Market
Poor diversification
DocCheck currently posts a 0.63 correlation with Dow Jones, indicating a Poor diversification relationship for the active sample. In portfolio terms, the overlap shows how much shared movement remains after combining both positions.
DocCheck |
Return correlation data for DocCheck reflects its behavior alongside similar assets. The data captures return relationships using observed price behavior.
Moving together with DocCheck Stock
Moving against DocCheck Stock
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Related Correlations Analysis
| -0.88 | 0.0 | -0.03 | -0.79 | 0.76 | -0.62 | KY1 | ||
| -0.88 | 0.0 | -0.06 | 0.93 | -0.76 | 0.76 | 74E | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | WNT0 | ||
| -0.03 | -0.06 | 0.0 | -0.12 | 0.35 | 0.31 | SMG | ||
| -0.79 | 0.93 | 0.0 | -0.12 | -0.76 | 0.72 | 1KT | ||
| 0.76 | -0.76 | 0.0 | 0.35 | -0.76 | -0.34 | T7W | ||
| -0.62 | 0.76 | 0.0 | 0.31 | 0.72 | -0.34 | BSI | ||
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
Strong recent returns in DocCheck Stock do not always mean DocCheck Company is outperforming peers on business quality. Risk-adjusted metrics help compare DocCheck's efficiency and downside exposure against peers on a like-for-like basis. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KY1 | 1.42 | -0.13 | 0.00 | -0.40 | 0.00 | 3.31 | 10.20 | |||
| 74E | 0.93 | 0.35 | 0.36 | 3.52 | 0.47 | 2.60 | 5.85 | |||
| WNT0 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SMG | 2.67 | 0.25 | 0.08 | 0.24 | 2.83 | 6.14 | 18.25 | |||
| 1KT | 1.91 | 0.69 | 0.31 | 0.72 | 1.61 | 3.94 | 28.17 | |||
| T7W | 2.51 | -0.40 | 0.00 | -0.75 | 0.00 | 4.78 | 15.86 | |||
| BSI | 2.79 | 0.58 | 0.15 | -1.61 | 4.08 | 7.41 | 30.98 |
Be your own money manager
Optimization tools can help investors judge whether capital allocated to DocCheck AG is being used efficiently relative to other opportunities in the same equity universe. The better process compares expected return, volatility, and correlation before the position is increased or introduced.
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DocCheck Corporate Management
Governance context around DocCheck AG gives investors another way to assess whether decision-making power is balanced, accountable, and aligned with shareholder priorities. A disciplined governance review can reveal strengths or weaknesses that may not be obvious in financial ratios alone.
| Thilo Kolzer | COO Board | Profile | |
| Jens Knoop | CTO Board | Profile | |
| Philip Stadtmann | CFO Board | Profile | |
| Tanja Antwerpes | Unit Ag | Profile | |
| Stefan Kellner | Unit Ag | Profile |