Donnelley Financial Correlations
DFIN Stock | USD 60.25 0.40 0.67% |
The current 90-days correlation between Donnelley Financial and Oppenheimer Holdings is 0.31 (i.e., Weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Donnelley Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Donnelley Financial Solutions moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Donnelley Financial Correlation With Market
Very weak diversification
The correlation between Donnelley Financial Solutions and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Donnelley Financial Solutions and DJI in the same portfolio, assuming nothing else is changed.
Donnelley |
Moving together with Donnelley Stock
Moving against Donnelley Stock
0.78 | AZ | A2Z Smart Technologies | PairCorr |
0.73 | ZM | Zoom Video Communications | PairCorr |
0.71 | DOCU | DocuSign Earnings Call This Week | PairCorr |
0.67 | EB | Eventbrite Class A | PairCorr |
0.61 | WK | Workiva | PairCorr |
0.58 | BL | Blackline | PairCorr |
0.57 | ML | MoneyLion | PairCorr |
0.56 | AI | C3 Ai Inc Earnings Call This Week | PairCorr |
0.54 | DJCO | Daily Journal Corp | PairCorr |
0.48 | PD | Pagerduty | PairCorr |
0.45 | DT | Dynatrace Holdings LLC | PairCorr |
0.44 | DV | DoubleVerify Holdings | PairCorr |
0.4 | ZI | ZoomInfo Technologies | PairCorr |
0.75 | DUOT | Duos Technologies | PairCorr |
0.71 | EGHT | 8x8 Common Stock | PairCorr |
0.7 | DOMO | Domo Inc | PairCorr |
0.7 | DIDIY | Didi Global ADR | PairCorr |
0.69 | VERX | Vertex | PairCorr |
0.65 | DSGX | Descartes Systems Earnings Call Tomorrow | PairCorr |
0.63 | DUOL | Duolingo | PairCorr |
0.54 | VMEO | Vimeo Inc | PairCorr |
0.48 | VTSI | VirTra Inc | PairCorr |
0.4 | DTRK | DATATRAK International | PairCorr |
0.6 | FICO | Fair Isaac | PairCorr |
0.54 | ENFN | Enfusion | PairCorr |
0.53 | WFCF | Where Food Comes | PairCorr |
0.49 | ESTC | Elastic NV Tech Boost | PairCorr |
0.47 | ELWS | Earlyworks Co, | PairCorr |
0.31 | EXFY | Expensify | PairCorr |
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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Risk-Adjusted Indicators
There is a big difference between Donnelley Stock performing well and Donnelley Financial 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 Donnelley Financial'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SRL | 1.78 | (0.15) | 0.00 | (0.26) | 0.00 | 3.76 | 15.25 | |||
MFH | 9.41 | 2.94 | 0.36 | 0.78 | 7.38 | 26.81 | 115.89 | |||
HGBL | 2.01 | 0.02 | (0.03) | 0.24 | 2.53 | 4.27 | 13.10 | |||
OPY | 1.27 | 0.14 | 0.10 | 0.27 | 0.94 | 2.58 | 13.50 | |||
PWP | 1.96 | 0.04 | 0.15 | 0.14 | 1.72 | 3.77 | 22.05 | |||
SF-PC | 0.60 | (0.01) | (0.15) | 0.05 | 0.74 | 1.71 | 3.98 | |||
PIPR | 1.50 | 0.05 | 0.19 | 0.14 | 1.17 | 3.07 | 22.79 | |||
SF-PB | 0.33 | 0.04 | (0.23) | 31.80 | 0.28 | 0.68 | 2.21 | |||
HLI | 1.24 | 0.11 | 0.14 | 0.19 | 1.04 | 2.31 | 12.41 | |||
PJT | 1.50 | 0.16 | 0.28 | 0.19 | 0.90 | 3.55 | 18.44 |