Duo World Correlations
| DUUO Stock | USD 0.0002 0.00 0.00% |
The current 90-days correlation between Duo World and GainClients is 0.02 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Duo World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Duo World moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Duo |
The ability to find closely correlated positions to Duo World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Duo World 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 Duo World - 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 Duo World to buy it.
Moving together with Duo Pink Sheet
| 0.63 | SAP | SAP SE ADR Fiscal Year End 28th of January 2025 | PairCorr |
| 0.62 | APLD | Applied Blockchain Trending | PairCorr |
Moving against Duo Pink Sheet
| 0.49 | AFFL | Affiliated Resources Corp | PairCorr |
| 0.49 | AMIX | Autonomix Medical, Common | PairCorr |
| 0.35 | BRK-B | Berkshire Hathaway | PairCorr |
| 0.34 | VNTN | VentureNet Capital | 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 Duo Pink Sheet performing well and Duo World 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 Duo World'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ESKEF | 0.61 | 0.22 | 0.00 | 0.84 | 0.00 | 0.00 | 16.71 | |||
| NOGNW | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| DEQI | 2.97 | (1.71) | 0.00 | (0.92) | 0.00 | 0.00 | 95.00 | |||
| BZWR | 3.81 | (0.54) | 0.00 | 0.82 | 0.00 | 0.00 | 75.00 | |||
| GCLT | 2.86 | (1.20) | 0.00 | 0.65 | 0.00 | 0.00 | 91.67 | |||
| REGRF | 32.59 | 10.53 | 0.39 | 0.74 | 20.89 | 91.80 | 476.11 | |||
| TWOH | 3.01 | 0.66 | 0.00 | 1.06 | 0.00 | 0.00 | 150.00 | |||
| FERN | 5.06 | (0.16) | 0.00 | (0.07) | 0.00 | 12.50 | 36.11 | |||
| ABQQ | 13.61 | 1.91 | 0.07 | (0.49) | 12.96 | 40.00 | 112.50 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Duo World 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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Duo World Corporate Management
| Mahmud Ameen | Director Director | Profile | |
| Ajeewan Arumugam | Sr COO | Profile | |
| Muhunthan Canagasooryam | CEO, Founder | Profile | |
| Suzannah Perera | CFO Director | Profile |