Dominion Energy Correlations

D Stock

USD 63.35 0.22 0.35%

The current 90-days correlation between Dominion Energy and Xcel Energy is 0.5 (i.e., Very weak diversification). The correlation of Dominion Energy 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.

Dominion Energy Correlation With Market

Weak diversification

The correlation between Dominion Energy and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dominion Energy and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Dominion Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominion Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in small area income & poverty estimates.

For information on how to trade Dominion Stock refer to our How to Trade Dominion Stock guide.

Moving together with Dominion Stock

0.89	ED	Consolidated Edison Sell-off Trend	Pair Corr
0.91	NI	NiSource	Pair Corr
0.86	NG	National Grid PLC	Pair Corr
0.92	AEE	Ameren Corp	Pair Corr
0.69	AQN	Algonquin Power Utilities	Pair Corr
0.87	AVA	Avista	Pair Corr
0.85	BIP	Brookfield Infrastructure	Pair Corr
0.73	BKH	Black Hills	Pair Corr
0.87	CMS	CMS Energy	Pair Corr
0.93	CNP	CenterPoint Energy	Pair Corr
0.91	DTE	DTE Energy	Pair Corr
0.81	NGG	National Grid PLC Sell-off Trend	Pair Corr
0.76	NWE	NorthWestern	Pair Corr
0.87	PEG	Public Service Enterprise Earnings Call This Week	Pair Corr
0.9	UTL	UNITIL	Pair Corr
0.92	WEC	WEC Energy Group	Pair Corr
0.81	VIE	Veolia Environnement	Pair Corr
0.68	CNA	Centrica PLC	Pair Corr
0.63	SOJE	Southern Company	Pair Corr
0.71	SOJC	Southern	Pair Corr
0.75	CMSA	CMS Energy Corp	Pair Corr
0.78	DTW	DTE Energy	Pair Corr
0.75	RBGPF	Reckitt Benckiser Earnings Call This Week	Pair Corr
0.71	MBINN	Merchants Bancorp	Pair Corr
0.75	MUFG	Mitsubishi UFJ Financial	Pair Corr
0.91	SOMMY	Sumitomo Chemical	Pair Corr
0.78	AIQUF	LAir Liquide SA	Pair Corr

Moving against Dominion Stock

0.92	BKNG	Booking Holdings	Pair Corr
0.44	VLCN	Volcon Inc Symbol Change	Pair Corr

Related Correlations Analysis

	XEL	EXC	ETR	NEE-PN	PEG	SRE	AEP	WEC	ED	PCG
XEL		0.9	0.84	0.37	0.8	0.81	0.93	0.87	0.62	0.72	XEL
EXC	0.9		0.79	0.4	0.82	0.7	0.88	0.81	0.62	0.73	EXC
ETR	0.84	0.79		0.68	0.91	0.69	0.96	0.91	0.89	0.88	ETR
NEE-PN	0.37	0.4	0.68		0.53	0.16	0.56	0.61	0.76	0.44	NEE-PN
PEG	0.8	0.82	0.91	0.53		0.71	0.9	0.84	0.78	0.87	PEG
SRE	0.81	0.7	0.69	0.16	0.71		0.77	0.6	0.39	0.72	SRE
AEP	0.93	0.88	0.96	0.56	0.9	0.77		0.94	0.83	0.87	AEP
WEC	0.87	0.81	0.91	0.61	0.84	0.6	0.94		0.89	0.76	WEC
ED	0.62	0.62	0.89	0.76	0.78	0.39	0.83	0.89		0.77	ED
PCG	0.72	0.73	0.88	0.44	0.87	0.72	0.87	0.76	0.77		PCG
	XEL	EXC	ETR	NEE-PN	PEG	SRE	AEP	WEC	ED	PCG

Please upgrade your account to get full access to Macroaxis premium features

Risk-Adjusted Indicators

There is a big difference between Dominion Stock performing well and Dominion Energy 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 Dominion Energy'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
XEL	0.88	0.10	(0.02)	(0.65)	1.16	(0.85)	1.68	(1.88)	4.63
EXC	0.95	0.10	(0.01)	4.01	1.09	(0.98)	1.52	(1.67)	8.64
ETR	0.91	0.16	0.07	0.71	1.06	(0.97)	1.91	(1.96)	5.01
NEE-PN	0.23	0.01	(0.27)	0.17	0.21	(0.27)	0.46	(0.45)	1.87
PEG	0.84	0.10	(0.01)	(6.00)	1.08	(0.88)	1.73	(2.04)	5.47
SRE	0.98	0.05	(0.02)	0.26	1.62	(0.86)	1.93	(2.76)	6.43
AEP	0.79	0.17	0.03	(0.66)	0.88	(0.79)	1.98	(1.54)	5.70
WEC	0.64	0.08	(0.04)	(0.93)	0.79	(0.65)	1.33	(1.22)	3.90
ED	0.86	0.21	0.03	(0.27)	0.94	(0.92)	1.91	(1.49)	3.91
PCG	1.23	0.27	0.11	(29.43)	1.24	(1.41)	2.69	(2.20)	6.66

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

2026 Macroaxis LLC