DDC Enterprise Correlations

DDC Stock

0.22 0.02 8.33%

The current 90-days correlation between DDC Enterprise and Grupo Simec SAB is 0.03 (i.e., Significant diversification). The correlation of DDC Enterprise 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.

DDC Enterprise Correlation With Market

Significant diversification

The correlation between DDC Enterprise Limited and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DDC Enterprise Limited and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DDC Enterprise Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Moving together with DDC Stock

0.66

Jianzhi Education Tech Boost

Pair Corr

Moving against DDC Stock

0.63	RKDA	Arcadia Biosciences	Pair Corr
0.58	VITL	Vital Farms Earnings Call This Week	Pair Corr
0.54	BRID	Bridgford Foods	Pair Corr
0.35	PAVS	Paranovus Entertainment	Pair Corr
0.4	EL	Estee Lauder Companies	Pair Corr
0.33	DLTR	Dollar Tree Earnings Call Today	Pair Corr

Related Correlations Analysis

	SIM	SPHR	TNJIF	PINS	BDC	SEVT	PKX	ATI
SIM		-0.56	0.0	-0.41	0.25	0.0	0.38	-0.56	SIM
SPHR	-0.56		0.0	0.78	-0.44	0.0	-0.38	0.67	SPHR
TNJIF	0.0	0.0		0.0	0.0	-1.0	0.0	0.0	TNJIF
PINS	-0.41	0.78	0.0		-0.34	0.0	-0.43	0.61	PINS
BDC	0.25	-0.44	0.0	-0.34		0.0	0.58	0.05	BDC
SEVT	0.0	0.0	-1.0	0.0	0.0		0.0	0.0	SEVT
PKX	0.38	-0.38	0.0	-0.43	0.58	0.0		-0.08	PKX
ATI	-0.56	0.67	0.0	0.61	0.05	0.0	-0.08		ATI
	SIM	SPHR	TNJIF	PINS	BDC	SEVT	PKX	ATI

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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

PINS	+ 0.78	SPHR
ATI	+ 0.67	SPHR
ATI	+ 0.61	PINS
PKX	+ 0.58	BDC
PKX	+ 0.38	SIM
BDC	+ 0.25	SIM

High negative correlations

SEVT	- 1.0	TNJIF
ATI	- 0.56	SIM
SPHR	- 0.56	SIM
BDC	- 0.44	SPHR
PKX	- 0.43	PINS
PINS	- 0.41	SIM

Risk-Adjusted Indicators

There is a big difference between DDC Stock performing well and DDC Enterprise 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 DDC Enterprise'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
SIM	1.82	0.01	0.00	(0.04)	2.52	(2.76)	4.35	(5.26)	24.01
SPHR	1.78	0.08	0.03	1.30	2.11	(1.92)	4.86	(3.23)	10.52
TNJIF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PINS	1.92	0.39	0.20	(2.76)	1.53	(2.41)	4.75	(3.41)	23.71
BDC	1.18	(0.09)	0.00	0.72	0.00	0.00	2.15	(2.60)	8.46
SEVT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PKX	1.58	(0.14)	0.00	(0.18)	0.00	0.00	3.50	(3.76)	10.64
ATI	1.50	(0.01)	0.00	0.00	1.95	(1.47)	2.91	(3.57)	14.67

DDC Enterprise Corporate Management

Malik Sadiq	Chief Officer	Profile
ChangLing Yang	Head Commerce	Profile
Yiwei Chen	Head Marketing	Profile
Yong Yu	Principal Officer	Profile
Jeffrey MBA	CoChief Officer	Profile

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