Dassault Systemes Correlations
| DSY Stock | EUR 37.70 0.02 0.05% |
The correlation of Dassault Systemes 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.
Dassault Systemes Correlation With Market
Modest diversification
The correlation between Dassault Systemes SE and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dassault Systemes SE and DJI in the same portfolio, assuming nothing else is changed.
Dassault |
The ability to find closely correlated positions to Dassault Systemes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dassault Systemes 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 Dassault Systemes - 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 Dassault Systemes SE to buy it.
Moving together with Dassault Stock
Moving against Dassault Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Dassault Stock performing well and Dassault Systemes 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 Dassault Systemes' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| HO | 1.08 | 0.10 | 0.00 | (23.59) | 1.39 | 2.36 | 8.27 | |||
| SAF | 1.01 | 0.21 | 0.06 | (2.03) | 1.67 | 2.42 | 10.29 | |||
| AI | 0.78 | (0.01) | 0.00 | 0.19 | 0.00 | 1.44 | 3.88 | |||
| CAP | 1.23 | (0.04) | (0.05) | (0.02) | 1.89 | 2.09 | 7.29 | |||
| RI | 1.26 | (0.17) | 0.00 | (0.65) | 0.00 | 2.87 | 7.04 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dassault Systemes 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 |
| All Next | Launch Module |
Dassault Systemes Corporate Management
Elected by the shareholders, the Dassault Systemes' board of directors comprises two types of representatives: Dassault Systemes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Dassault. The board's role is to monitor Dassault Systemes' management team and ensure that shareholders' interests are well served. Dassault Systemes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Dassault Systemes' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rouven Bergmann | CFO VP | Profile | |
| Sgolne Moignet | Co Counsel | Profile | |
| Victoire Margerie | Marketing Equity | Profile | |
| Laurence BaucherBarths | Ex Officer | Profile | |
| Tanneguy Bouaille | Corp Director | Profile | |
| Bernard Charles | Vice CEO | Profile | |
| Toshiko Mori | Lead Director | Profile |