D2L Correlations
| DTLIF Stock | USD 10.21 0.12 1.16% |
The current 90-days correlation between D2L Inc and iFresh Inc is 0.03 (i.e., Significant diversification). The correlation of D2L 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.
D2L Correlation With Market
Average diversification
The correlation between D2L Inc and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding D2L Inc and DJI in the same portfolio, assuming nothing else is changed.
D2L |
The ability to find closely correlated positions to D2L could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace D2L 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 D2L - 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 D2L Inc to buy it.
Moving together with D2L Pink Sheet
| 0.72 | ATGE | Adtalem Global Education | PairCorr |
| 0.74 | LRN | Stride Inc | PairCorr |
| 0.82 | ADVWW | Advantage Solutions | PairCorr |
| 0.74 | BASE | Couchbase | PairCorr |
| 0.63 | KTRIF | KTRIF | PairCorr |
Moving against D2L Pink Sheet
| 0.8 | CECO | CECO Environmental Corp | PairCorr |
| 0.79 | LAUR | Laureate Education | PairCorr |
| 0.77 | KLTHF | Koolearn Technology | PairCorr |
| 0.69 | BIMT | Bitmis Corp | PairCorr |
| 0.48 | FCTI | Fact Inc | PairCorr |
| 0.89 | AER | AerCap Holdings NV | PairCorr |
| 0.85 | TPB | Turning Point Brands | PairCorr |
| 0.81 | CALC | CalciMedica, Common Stock Trending | PairCorr |
| 0.81 | SPGI | SP Global | PairCorr |
| 0.79 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.77 | DNGFF | Dongfang ElectricLimited | PairCorr |
| 0.71 | KODK | Eastman Kodak | PairCorr |
| 0.63 | SSAAF | SSAB AB | PairCorr |
| 0.62 | BHC | Bausch Health Companies | PairCorr |
| 0.53 | SPOI | SPO Networks | PairCorr |
| 0.32 | IMTL | Image Protect | PairCorr |
| 0.8 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.8 | LMND | Lemonade | PairCorr |
| 0.77 | CSCO | Cisco Systems | PairCorr |
| 0.77 | HIRU | Hiru | PairCorr |
| 0.73 | TGI | Triumph Group | PairCorr |
| 0.73 | DGWR | Critic Clothing | PairCorr |
Related Correlations Analysis
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 D2L Pink Sheet performing well and D2L 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 D2L'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IFMK | 29.51 | 10.47 | 0.00 | 0.38 | 0.00 | 0.00 | 990.00 | |||
| EDMCQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ICNB | 2.39 | (1.24) | 0.00 | (5.57) | 0.00 | 0.00 | 80.00 | |||
| ZVOI | 259.55 | 141.44 | 1.78 | 25.18 | 43.80 | 900.00 | 3,497 | |||
| OGAA | 1.49 | (0.85) | 0.00 | (0.67) | 0.00 | 0.00 | 50.00 | |||
| BIQIF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TTCFQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PPBV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HKBV | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| VRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in D2L 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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Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
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D2L Corporate Management
| Anna Forgione | Chief Officer | Profile | |
| Melissa Howatson | Ex Officer | Profile | |
| Yvonne Bell | VP Culture | Profile | |
| Nick Oddson | Chief Officer | Profile | |
| Stephen Laster | Chief Officer | Profile | |
| Virginia Jamieson | Director Communications | Profile | |
| Jeremy Auger | Chief Officer | Profile |