D MARKET Correlations

HEPS Stock

USD 2.79 0.01 0.36%

The current 90-days correlation between D MARKET Electronic and Liquidity Services is -0.21 (i.e., Very good diversification). The correlation of D MARKET 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. If the correlation is 0, the equities are not correlated; they are entirely random.

D MARKET Correlation With Market

Good diversification

The correlation between D MARKET Electronic Services 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 D MARKET Electronic Services and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in D MARKET Electronic Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving against HEPS Stock

0.67	W	Wayfair	Pair Corr
0.65	BBY	Best Buy Sell-off Trend	Pair Corr
0.56	ASO	Academy Sports Outdoors Earnings Call This Week	Pair Corr
0.49	DIT	AMCON Distributing	Pair Corr
0.46	DIBS	1StdibsCom	Pair Corr
0.45	AN	AutoNation	Pair Corr
0.37	DBI	Designer Brands	Pair Corr
0.35	YJ	Yunji Inc	Pair Corr
0.32	AEO	American Eagle Outfitters Sell-off Trend	Pair Corr
0.77	FND	Floor Decor Holdings	Pair Corr
0.67	GPC	Genuine Parts	Pair Corr
0.64	ARHS	Arhaus Inc	Pair Corr
0.62	SCVL	Shoe Carnival	Pair Corr
0.59	HVT	Haverty Furniture	Pair Corr
0.58	HZO	MarineMax	Pair Corr
0.54	RAY	Raytech Holding	Pair Corr
0.54	BGFV	Big 5 Sporting	Pair Corr
0.47	LITB	LightInTheBox Holding Earnings Call This Week	Pair Corr

Related Correlations Analysis

	QRTEB	NHTC	LQDT	QRTEP	QRTEA	HOUR	MOGU	IPW	RERE
QRTEB		0.21	-0.49	0.36	0.75	-0.32	0.32	0.5	0.07	QRTEB
NHTC	0.21		-0.19	-0.26	0.06	-0.66	-0.42	-0.2	-0.6	NHTC
LQDT	-0.49	-0.19		0.26	-0.65	0.5	-0.05	-0.44	-0.07	LQDT
QRTEP	0.36	-0.26	0.26		0.29	0.27	0.4	0.44	0.16	QRTEP
QRTEA	0.75	0.06	-0.65	0.29		-0.33	0.39	0.72	0.11	QRTEA
HOUR	-0.32	-0.66	0.5	0.27	-0.33		0.22	-0.1	0.24	HOUR
MOGU	0.32	-0.42	-0.05	0.4	0.39	0.22		0.46	0.53	MOGU
IPW	0.5	-0.2	-0.44	0.44	0.72	-0.1	0.46		0.36	IPW
RERE	0.07	-0.6	-0.07	0.16	0.11	0.24	0.53	0.36		RERE
	QRTEB	NHTC	LQDT	QRTEP	QRTEA	HOUR	MOGU	IPW	RERE

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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

QRTEA	+ 0.75	QRTEB
IPW	+ 0.72	QRTEA
RERE	+ 0.53	MOGU
IPW	+ 0.5	QRTEB
HOUR	+ 0.5	LQDT
IPW	+ 0.46	MOGU

High negative correlations

HOUR	- 0.66	NHTC
QRTEA	- 0.65	LQDT
RERE	- 0.6	NHTC
LQDT	- 0.49	QRTEB
IPW	- 0.44	LQDT
MOGU	- 0.42	NHTC

Risk-Adjusted Indicators

There is a big difference between HEPS Stock performing well and D MARKET 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 D MARKET'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
QRTEB	3.57	(0.33)	0.00	(0.33)	0.00	0.00	9.00	(6.62)	27.73
NHTC	1.57	(0.28)	0.00	(0.83)	0.00	0.00	2.85	(3.33)	13.19
LQDT	1.30	0.08	0.08	0.14	1.36	(1.36)	2.88	(2.17)	8.99
QRTEP	1.35	(0.06)	(0.02)	0.04	1.94	(1.41)	3.45	(3.23)	9.82
QRTEA	3.37	(0.88)	0.00	(0.32)	0.00	0.00	7.69	(6.98)	29.54
HOUR	2.45	0.21	0.05	0.37	3.46	(2.73)	4.40	(4.82)	42.64
MOGU	3.48	(0.13)	(0.02)	0.00	3.96	(4.43)	8.67	(6.48)	32.91
IPW	6.60	(0.88)	0.00	(0.41)	0.00	0.00	13.81	(16.18)	67.04
RERE	3.08	0.20	0.04	0.51	3.34	(3.52)	8.20	(5.34)	20.09

D MARKET Corporate Management

Halil Oz	Chief Officer	Profile
Mehmethan Yallagoz	Chief Officer	Profile
Ender Ozgun	Chief Officer	Profile
Hakan Karadogan	Chief Logistics	Profile
Esra Beyzadeoglu	Chief Officer	Profile
Helin Celikbilek	Investor Director	Profile
Harika Eldogan	Head Relations	Profile

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