DeMem Correlations

DEM Stock

0.11 0.00 0.00%

The current 90-days correlation between DeMem and D3 Energy is -0.18 (i.e., Good diversification). The correlation of DeMem 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.

DeMem Correlation With Market

Significant diversification

The correlation between DeMem and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DeMem and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to DeMem could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DeMem 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 DeMem - 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 DeMem to buy it.

Moving together with DeMem Stock

0.63

TLS

Telstra Group

Pair Corr

Moving against DeMem Stock

0.69	DVP	Develop Global	Pair Corr
0.39	ORE	Orezone Gold	Pair Corr
0.31	JYC	Joyce	Pair Corr
0.65	ODY	Odyssey Gold	Pair Corr
0.64	RPL	Regal Partners	Pair Corr
0.48	ARD	Argent Minerals	Pair Corr
0.4	CC9	Chariot	Pair Corr

Related Correlations Analysis

	D3E	JHX	RHY	GGR	TBN	RHC	NGI	BHP	AAM	ACS
D3E		0.45	0.08	0.65	0.6	-0.64	-0.81	-0.26	0.68	-0.61	D3E
JHX	0.45		0.45	0.52	0.4	0.02	-0.52	0.31	0.77	-0.01	JHX
RHY	0.08	0.45		0.52	0.06	-0.06	-0.12	0.36	0.37	0.14	RHY
GGR	0.65	0.52	0.52		0.46	-0.45	-0.79	0.01	0.53	-0.27	GGR
TBN	0.6	0.4	0.06	0.46		-0.13	-0.5	0.08	0.49	-0.08	TBN
RHC	-0.64	0.02	-0.06	-0.45	-0.13		0.43	0.33	-0.35	0.67	RHC
NGI	-0.81	-0.52	-0.12	-0.79	-0.5	0.43		0.24	-0.56	0.45	NGI
BHP	-0.26	0.31	0.36	0.01	0.08	0.33	0.24		0.21	0.68	BHP
AAM	0.68	0.77	0.37	0.53	0.49	-0.35	-0.56	0.21		-0.27	AAM
ACS	-0.61	-0.01	0.14	-0.27	-0.08	0.67	0.45	0.68	-0.27		ACS
	D3E	JHX	RHY	GGR	TBN	RHC	NGI	BHP	AAM	ACS

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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

AAM	+ 0.77	JHX
AAM	+ 0.68	D3E
ACS	+ 0.68	BHP
ACS	+ 0.67	RHC
GGR	+ 0.65	D3E
TBN	+ 0.6	D3E

High negative correlations

NGI	- 0.81	D3E
NGI	- 0.79	GGR
RHC	- 0.64	D3E
ACS	- 0.61	D3E
AAM	- 0.56	NGI
NGI	- 0.52	JHX

Risk-Adjusted Indicators

There is a big difference between DeMem Stock performing well and DeMem 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 DeMem'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
D3E	4.82	(0.34)	0.00	(0.07)	0.00	0.00	7.27	(11.32)	44.42
JHX	2.12	0.18	0.03	(1.08)	2.71	(2.50)	5.45	(3.58)	22.57
RHY	4.26	0.67	0.10	(3.49)	4.89	(5.35)	12.24	(6.98)	46.17
GGR	5.73	0.40	0.02	(0.38)	6.27	(11.80)	14.29	(12.50)	27.62
TBN	2.68	0.27	0.05	0.38	2.46	(8.38)	5.88	(5.26)	27.78
RHC	1.28	0.09	0.04	0.26	1.12	(1.83)	2.58	(1.91)	15.51
NGI	1.90	0.61	0.23	(1.41)	1.60	(2.46)	5.17	(3.28)	13.49
BHP	1.10	0.17	0.08	0.70	1.28	(1.20)	2.29	(2.49)	7.27
AAM	4.63	0.44	0.07	0.51	4.84	(6.19)	14.29	(10.00)	33.56
ACS	14.98	6.96	0.00	3.13	0.00	0.00	4.55	0.00	405.61

Be your own money manager

Our tools can tell you how much better you can do entering a position in DeMem 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.

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DeMem Corporate Management

Elected by the shareholders, the DeMem's board of directors comprises two types of representatives: DeMem inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DeMem. The board's role is to monitor DeMem's management team and ensure that shareholders' interests are well served. DeMem'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, DeMem's outside directors are responsible for providing unbiased perspectives on the board's policies.

Andreas Kroell	CEO Director	Profile
Andrew Tay	Chief Officer	Profile
AGIA BCom	Company Secretary	Profile
Allan Afonso	Operations Mang	Profile
LLB AGIA	Joint Sec	Profile
ACIS ACIS	Company Secretary	Profile
ACIS AGIA	Joint Sec	Profile

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