Duke Energy Correlations
| D2MN Stock | EUR 99.29 0.45 0.45% |
The current 90-days correlation between Duke Energy and APPLIED MATERIALS is -0.2 (i.e., Good diversification). The correlation of Duke 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.
Duke Energy Correlation With Market
Excellent diversification
The correlation between Duke Energy and DJI is -0.58 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Duke Energy and DJI in the same portfolio, assuming nothing else is changed.
Duke |
The ability to find closely correlated positions to Duke Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duke Energy 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 Duke Energy - 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 Duke Energy to buy it.
Moving together with Duke Stock
Moving against Duke Stock
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| 0.49 | E908 | Lyxor 1 | PairCorr |
| 0.47 | L7D | Imperial Metals | PairCorr |
| 0.4 | P4Q | Perseus Mining | PairCorr |
Related Correlations Analysis
| -0.71 | -0.23 | -0.45 | 0.43 | 0.0 | 0.53 | AP2 | ||
| -0.71 | 0.25 | 0.46 | -0.42 | 0.0 | -0.38 | CI7 | ||
| -0.23 | 0.25 | 0.39 | -0.11 | 0.0 | -0.06 | GS2C | ||
| -0.45 | 0.46 | 0.39 | -0.72 | 0.0 | -0.35 | GIFN | ||
| 0.43 | -0.42 | -0.11 | -0.72 | 0.0 | 0.38 | YRB | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | RHRD | ||
| 0.53 | -0.38 | -0.06 | -0.35 | 0.38 | 0.0 | FH0 | ||
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 Duke Stock performing well and Duke 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 Duke 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AP2 | 2.53 | 0.47 | 0.16 | 0.83 | 2.47 | 5.66 | 18.54 | |||
| CI7 | 3.22 | (0.07) | 0.00 | 0.14 | 0.00 | 12.07 | 26.14 | |||
| GS2C | 1.70 | (0.05) | 0.00 | (0.04) | 0.00 | 4.14 | 9.90 | |||
| GIFN | 1.59 | (0.27) | 0.00 | (2.15) | 0.00 | 2.48 | 12.98 | |||
| YRB | 1.22 | 0.15 | 0.03 | (0.34) | 1.33 | 3.58 | 8.77 | |||
| RHRD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FH0 | 2.95 | 0.15 | (0.01) | (0.03) | 3.85 | 5.85 | 16.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Duke Energy 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?
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Duke Energy Corporate Management
Elected by the shareholders, the Duke Energy's board of directors comprises two types of representatives: Duke Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Duke. The board's role is to monitor Duke Energy's management team and ensure that shareholders' interests are well served. Duke Energy'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, Duke Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charles Moorman | Independent Director | Profile | |
| Marya Rose | Independent Director | Profile | |
| Thomas Skains | Independent Director | Profile | |
| Theodore Craver | Independent Director | Profile | |
| Kodwo GharteyTagoe | Executive Vice President Chief Legal Officer | Profile | |
| Melissa Anderson | Chief Human Resource Officer, Executive Vice President - Administration | Profile |