Dicker Data Correlations
| DDR Stock | 8.37 0.07 0.83% |
The current 90-days correlation between Dicker Data and Champion Iron is 0.1 (i.e., Average diversification). The correlation of Dicker Data 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Dicker Data Correlation With Market
Significant diversification
The correlation between Dicker Data and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dicker Data and DJI in the same portfolio, assuming nothing else is changed.
Dicker |
The ability to find closely correlated positions to Dicker Data could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dicker Data 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 Dicker Data - 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 Dicker Data to buy it.
Moving together with Dicker Stock
Moving against Dicker Stock
Related Correlations Analysis
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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 Dicker Stock performing well and Dicker Data 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 Dicker Data'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CSL | 0.66 | (0.18) | 0.00 | (2.71) | 0.00 | 1.19 | 4.49 | |||
| EOF | 6.01 | 0.85 | 0.09 | 1.19 | 6.02 | 20.00 | 47.93 | |||
| CIA | 2.20 | (0.06) | 0.00 | (3.98) | 0.00 | 4.08 | 21.48 | |||
| AHF | 4.34 | 0.59 | 0.08 | 0.80 | 4.29 | 10.53 | 28.76 | |||
| PCI | 0.61 | 0.09 | 0.03 | 0.41 | 0.37 | 0.91 | 2.63 | |||
| GRE | 4.15 | 0.08 | 0.01 | 0.18 | 5.21 | 11.11 | 39.02 | |||
| TLM | 2.93 | 0.31 | 0.04 | (1.90) | 2.82 | 9.09 | 19.62 | |||
| TI1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GTI | 8.84 | 0.96 | 0.04 | (4.88) | 9.84 | 25.00 | 65.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dicker Data 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 Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Dicker Data Corporate Management
Elected by the shareholders, the Dicker Data's board of directors comprises two types of representatives: Dicker Data inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dicker. The board's role is to monitor Dicker Data's management team and ensure that shareholders' interests are well served. Dicker Data'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, Dicker Data's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mary Stojcevski | CFO Director | Profile | |
| Fiona Brown | Founder Director | Profile | |
| Vladimir Mitnovetski | COO Director | Profile | |
| David Dicker | Chairman CEO | Profile | |
| Erin McMullen | Company Secretary | Profile | |
| Ian Welch | Director Officer | Profile |