Domo Activos Correlations
| DOMO Stock | 1.28 0.00 0.00% |
The current 90-days correlation between Domo Activos Socimi and Metrovacesa SA is 0.16 (i.e., Average diversification). The correlation of Domo Activos 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.
Domo |
The ability to find closely correlated positions to Domo Activos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Domo Activos 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 Domo Activos - 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 Domo Activos Socimi to buy it.
Moving together with Domo Stock
Moving against Domo Stock
| 0.6 | TEF | Telefonica | PairCorr |
| 0.48 | YFID | Fidere Patrimonio SOCIMI | PairCorr |
| 0.36 | YADR | Adriano Care SOCIMI | PairCorr |
| 0.32 | YMPI | Mistral Patrimonio | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Domo Stock performing well and Domo Activos 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 Domo Activos' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MVC | 0.76 | 0.04 | (0.07) | 0.59 | 0.70 | 1.76 | 3.85 | |||
| ENO | 0.80 | 0.10 | (0.01) | 2.59 | 0.81 | 1.67 | 7.16 | |||
| MAP | 0.84 | 0.20 | 0.10 | 1.63 | 0.70 | 1.98 | 6.90 | |||
| YTAN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AMP | 1.84 | 0.18 | 0.02 | 1.20 | 2.53 | 10.00 | 19.09 | |||
| ALC | 1.28 | (0.07) | 0.00 | (0.31) | 0.00 | 2.38 | 14.38 | |||
| CCEP | 0.83 | 0.12 | 0.01 | 1.81 | 0.78 | 2.72 | 6.94 | |||
| ATRY | 1.38 | (0.18) | 0.00 | (0.48) | 0.00 | 3.74 | 8.76 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Domo Activos 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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Domo Activos Corporate Management
Elected by the shareholders, the Domo Activos' board of directors comprises two types of representatives: Domo Activos inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Domo. The board's role is to monitor Domo Activos' management team and ensure that shareholders' interests are well served. Domo Activos' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Domo Activos' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Silvia Canizares | Financial Director | Profile | |
| Juan Pepa | CEO Director | Profile | |
| Yolanda Barragn | Director Area | Profile | |
| Octavio Mendez | S Directors | Profile | |
| Marta Mora | Communication Director | Profile |