Day HaganNed Correlations
Monitoring how the stock's correlations evolve over time is a practical forward-looking risk management step.
Day HaganNed |
Related Correlations Analysis
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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
| High negative correlations
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Day HaganNed Competition Risk-Adjusted Indicators
Day HaganNed ETF can look attractive on recent price action while risk efficiency lags the peer group. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MSFT | 1.38 | -0.05 | 0.00 | -0.09 | 0.00 | 3.11 | 8.57 | |||
| UBER | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| F | 1.47 | -0.22 | 0.00 | -0.19 | 0.00 | 3.46 | 9.26 | |||
| T | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| A | 1.42 | -0.14 | 0.00 | -0.16 | 0.00 | 2.67 | 8.08 | |||
| CRM | 2.05 | -0.07 | 0.00 | -0.42 | 0.00 | 4.07 | 13.46 | |||
| JPM | 1.10 | 0.04 | 0.02 | 0.02 | 1.47 | 2.18 | 8.16 | |||
| MRK | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| XOM | 1.41 | 0.15 | 0.08 | -0.27 | 1.89 | 2.73 | 9.09 |
Day HaganNed Related Equities
The stocks listed below are peers of Day HaganNed within the Large Blend space and offer context for ranking and strength. Checking Day HaganNed against peers on P/E, margins, and return on equity helps put its position in context. Identifying peers that steadily beat or lag Day HaganNed across many periods highlights durable competitive gaps. Peer review is one of the most widely used methods in stock research and portfolio building.
| Risk & Return | Correlation |