Dominari Holdings Correlations

DOMH Stock

1.57 0.06 3.68%

The current 90-days correlation between Dominari Holdings and Neoleukin Therapeutics is -0.22 (i.e., Very good diversification). The correlation of Dominari Holdings 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.

Dominari Holdings Correlation With Market

Average diversification

The correlation between Dominari Holdings and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dominari Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dominari Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

For more detail on how to invest in Dominari Stock please use our How to Invest in Dominari Holdings guide.

Moving together with Dominari Stock

0.63

TERN

Terns Pharmaceuticals Downward Rally

Pair Corr

Moving against Dominari Stock

0.58	LGVN	Longeveron LLC	Pair Corr
0.47	VRAX	Virax Biolabs Group	Pair Corr
0.46	REVB	Revelation Biosciences	Pair Corr
0.45	ABOS	Acumen Pharmaceuticals	Pair Corr
0.31	CRNX	Crinetics Pharmaceuticals	Pair Corr
0.58	JPM	JPMorgan Chase Fiscal Year End 10th of January 2025	Pair Corr
0.43	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.36	BAC	Bank of America Fiscal Year End 10th of January 2025	Pair Corr

Related Correlations Analysis

	CTMX	TIL	NLTX	SPRO	ASMB	ACHL	NXTC	SNTI	HILS	SABS
CTMX		0.19	0.56	0.61	0.03	-0.68	0.44	0.61	0.31	-0.54	CTMX
TIL	0.19		0.05	0.0	0.21	0.26	-0.4	0.15	-0.49	-0.24	TIL
NLTX	0.56	0.05		0.79	0.15	-0.59	0.33	0.66	0.21	-0.01	NLTX
SPRO	0.61	0.0	0.79		0.1	-0.63	0.46	0.64	0.39	-0.17	SPRO
ASMB	0.03	0.21	0.15	0.1		-0.06	-0.17	0.27	-0.3	0.18	ASMB
ACHL	-0.68	0.26	-0.59	-0.63	-0.06		-0.59	-0.73	-0.58	0.35	ACHL
NXTC	0.44	-0.4	0.33	0.46	-0.17	-0.59		0.31	0.83	-0.29	NXTC
SNTI	0.61	0.15	0.66	0.64	0.27	-0.73	0.31		0.28	-0.17	SNTI
HILS	0.31	-0.49	0.21	0.39	-0.3	-0.58	0.83	0.28		-0.18	HILS
SABS	-0.54	-0.24	-0.01	-0.17	0.18	0.35	-0.29	-0.17	-0.18		SABS
	CTMX	TIL	NLTX	SPRO	ASMB	ACHL	NXTC	SNTI	HILS	SABS

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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

HILS	+ 0.83	NXTC
SPRO	+ 0.79	NLTX
SNTI	+ 0.66	NLTX
SNTI	+ 0.64	SPRO
SPRO	+ 0.61	CTMX
SNTI	+ 0.61	CTMX

High negative correlations

SNTI	- 0.73	ACHL
ACHL	- 0.68	CTMX
ACHL	- 0.63	SPRO
NXTC	- 0.59	ACHL
ACHL	- 0.59	NLTX
HILS	- 0.58	ACHL

Risk-Adjusted Indicators

There is a big difference between Dominari Stock performing well and Dominari Holdings 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 Dominari Holdings' 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
CTMX	2.66	(0.59)	0.00	(0.41)	0.00	0.00	5.00	(5.49)	20.61
TIL	9.34	1.59	0.25	0.39	6.85	(12.83)	20.63	(10.89)	105.83
NLTX	2.25	(0.18)	0.00	3.71	0.00	0.00	4.05	(3.53)	27.84
SPRO	1.89	(0.09)	0.00	(0.06)	0.00	0.00	4.03	(4.58)	15.20
ASMB	2.88	0.09	0.01	0.25	4.45	(2.78)	8.49	(5.34)	24.80
ACHL	2.04	0.51	0.22	0.42	1.56	(3.14)	3.06	(2.88)	38.16
NXTC	2.55	(0.31)	0.00	(5.12)	0.00	0.00	5.22	(5.52)	21.68
SNTI	3.69	0.14	0.01	0.57	5.13	(4.11)	7.66	(7.36)	45.90
HILS	5.56	(0.53)	0.00	1.09	0.00	0.00	8.33	(7.89)	113.15
SABS	5.73	0.42	0.06	1.02	6.40	(6.78)	17.06	(11.25)	45.73

Dominari Holdings Corporate Management

Matthew McCullough	General Counsel	Profile
Jaime Mercado	Chief Officer	Profile
Christopher Devall	Chief Officer	Profile
George CPA	Chief Officer	Profile

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