DynaCERT Correlations
| DYFSF Stock | USD 0.07 0.01 16.67% |
The correlation of DynaCERT 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.
DynaCERT Correlation With Market
Good diversification
The correlation between dynaCERT and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding dynaCERT and DJI in the same portfolio, assuming nothing else is changed.
DynaCERT |
The ability to find closely correlated positions to DynaCERT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DynaCERT 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 DynaCERT - 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 dynaCERT to buy it.
Moving together with DynaCERT OTC Stock
| 0.82 | FNMFO | Federal National Mortgage | PairCorr |
| 0.85 | MSFT | Microsoft | PairCorr |
| 0.62 | PG | Procter Gamble Earnings Call This Week | PairCorr |
| 0.75 | HD | Home Depot | PairCorr |
Moving against DynaCERT OTC Stock
| 0.84 | CSCO | Cisco Systems Sell-off Trend | PairCorr |
| 0.83 | BCH | Banco De Chile | PairCorr |
| 0.79 | TRV | The Travelers Companies Earnings Call This Week | PairCorr |
| 0.74 | PFE | Pfizer Inc | PairCorr |
| 0.67 | WF | Woori Financial Group | PairCorr |
| 0.66 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.66 | CAT | Caterpillar Sell-off Trend | PairCorr |
| 0.64 | BAC | Bank of America | PairCorr |
| 0.63 | KB | KB Financial Group | PairCorr |
| 0.61 | AA | Alcoa Corp Earnings Call This Week | PairCorr |
| 0.61 | XOM | Exxon Mobil Corp Aggressive Push | PairCorr |
| 0.6 | AXP | American Express | PairCorr |
| 0.54 | SHG | Shinhan Financial | PairCorr |
| 0.53 | JPM | JPMorgan Chase | PairCorr |
| 0.46 | VZ | Verizon Communications | PairCorr |
| 0.4 | AVAL | Grupo Aval | PairCorr |
| 0.38 | IBM | International Business | 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
|
Risk-Adjusted Indicators
There is a big difference between DynaCERT OTC Stock performing well and DynaCERT OTC Stock 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 DynaCERT'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AFGVY | 0.49 | (0.23) | 0.00 | 0.75 | 0.00 | 0.00 | 13.55 | |||
| SSHPF | 2.21 | 0.95 | 0.00 | (1.47) | 0.00 | 0.00 | 73.68 | |||
| AQUEF | 0.30 | (0.16) | 0.00 | 8.55 | 0.00 | 0.00 | 10.00 | |||
| JETMF | 2.93 | (0.08) | 0.00 | (0.13) | 0.00 | 6.56 | 21.42 | |||
| TTNMF | 2.29 | 0.76 | 0.13 | 0.77 | 1.45 | 7.69 | 19.84 | |||
| LEIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| GEOUF | 2.45 | (1.51) | 0.00 | (0.98) | 0.00 | 0.00 | 42.65 | |||
| CRKT | 17.60 | 3.16 | 0.09 | 0.79 | 17.69 | 75.95 | 158.54 | |||
| BTQNF | 1.29 | 0.50 | 0.09 | (1.19) | 1.02 | 4.64 | 16.19 | |||
| PYRGF | 4.07 | 0.21 | 0.02 | (5.28) | 3.85 | 10.00 | 40.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in DynaCERT 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 Global Correlations Now
Global CorrelationsFind global opportunities by holding instruments from different markets |
| All Next | Launch Module |
DynaCERT Corporate Management
Elected by the shareholders, the DynaCERT's board of directors comprises two types of representatives: DynaCERT inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DynaCERT. The board's role is to monitor DynaCERT's management team and ensure that shareholders' interests are well served. DynaCERT's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DynaCERT's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Carmelo Marrelli | Chief Officer | Profile | |
| Juergen Hoer | Managing Gmbh | Profile | |
| Murray Payne | Pres CEO | Profile | |
| Enrico Schlapfer | VP Sales | Profile | |
| DCS LLL | Corp VP | Profile | |
| Sidney Harkema | Advisor | Profile |