Dividend Growth Correlations
| DGS Stock | CAD 7.41 -0.29 -3.77% |
The current 90-days correlation between Dividend Growth Split and Brompton Split Banc is 0.52 (i.e., Very weak diversification).The statistical correlation between Dividend Growth and related instruments captures the linear component of their co-movement; nonlinear tail dependence may require additional analysis.
Market Correlation Summary - Dividend Growth
Very weak diversification
The correlation between DGS and DJI is 0.48, which Macroaxis classifies as Very weak diversification for the selected horizon. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.
Dividend |
The correlation view for Dividend Growth describes alignment with comparable instruments. All values are drawn from historical return correlation across available windows. Wash sale rules in certain markets may restrict similar-instrument substitutions.
Moving together with Dividend Stock
| 0.77 | BNP | BNP Paribas CDR | PairCorr |
| 0.62 | TD | Toronto Dominion Bank | PairCorr |
| 0.75 | MPCT-UN | Dream Impact Trust | PairCorr |
Moving against Dividend Stock
Related Correlations Analysis
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
There is a big difference between Dividend Stock performing well and Dividend Growth Company doing well as a business compared to the competition. A thorough review of Dividend Growth's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SBC | 1.16 | 0.13 | 0.07 | 0.03 | 1.62 | 2.32 | 9.85 | |||
| URB | 1.81 | 0.20 | 0.09 | 0.12 | 2.12 | 3.92 | 11.09 | |||
| URB-A | 1.16 | 0.00 | 0.00 | -0.09 | 0.00 | 2.23 | 8.98 | |||
| FFN | 1.52 | -0.01 | 0.00 | -0.10 | 0.00 | 3.11 | 12.74 | |||
| LBS | 1.09 | -0.02 | 0.00 | -0.12 | 0.00 | 1.99 | 8.71 | |||
| ENS | 0.97 | 0.24 | 0.26 | -2.31 | 1.04 | 1.93 | 6.14 | |||
| DFN | 1.06 | 0.12 | 0.07 | 0.05 | 1.81 | 2.02 | 10.29 | |||
| AIM-PC | 0.52 | 0.10 | 0.09 | -0.76 | 0.62 | 2.02 | 6.04 | |||
| GDV | 0.81 | 0.04 | 0.00 | -0.03 | 0.00 | 1.25 | 5.15 |
Be your own money manager
Optimization tools can help investors judge whether capital allocated to Dividend Growth Split is being used efficiently relative to other opportunities in the same equity universe. This is most useful when investors want to improve risk-adjusted return instead of simply owning more ideas at once.
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Dividend Growth Corporate Management
Governance context around Dividend Growth Split 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.