DMCI Holdings Correlations
| DMCHYDelisted Stock | USD 2.10 0.00 0.00% |
The current 90-days correlation between DMCI Holdings ADR and San Miguel is 0.09 (i.e., Significant diversification). The correlation of DMCI Holdings 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.
DMCI Holdings Correlation With Market
Good diversification
The correlation between DMCI Holdings ADR and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DMCI Holdings ADR and DJI in the same portfolio, assuming nothing else is changed.
DMCI |
The ability to find closely correlated positions to DMCI Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DMCI Holdings 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 DMCI Holdings - 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 DMCI Holdings ADR to buy it.
Moving against DMCI Pink Sheet
| 0.36 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
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Risk-Adjusted Indicators
There is a big difference between DMCI Pink Sheet performing well and DMCI Holdings 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 DMCI Holdings' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SMGBF | 2.04 | 0.41 | 0.00 | (1.98) | 0.00 | 0.00 | 74.36 | |||
| AYYLF | 0.39 | 0.17 | 0.00 | 1.92 | 0.00 | 0.00 | 0.00 | |||
| TINLY | 1.41 | (0.16) | 0.00 | (0.18) | 0.00 | 4.09 | 19.33 | |||
| ALGGY | 0.26 | (0.04) | 0.00 | (0.79) | 0.00 | 0.00 | 9.96 | |||
| SWRBY | 1.16 | 0.17 | 0.00 | (0.05) | 0.00 | 7.73 | 27.35 | |||
| JARLF | 1.26 | 0.20 | 0.02 | 44.26 | 1.57 | 6.14 | 15.43 | |||
| CKHUF | 1.71 | (0.11) | (0.03) | 0.00 | 2.14 | 5.07 | 15.72 | |||
| AXXA | 6.73 | 0.03 | 0.00 | 0.09 | 0.00 | 14.29 | 44.44 | |||
| GEGR | 14.44 | 1.86 | 0.12 | 0.38 | 13.49 | 38.89 | 151.52 |
View DMCI Holdings Related Equities
| Risk & Return | Correlation |
DMCI Holdings Corporate Management
| Hannah Chan | Investor Officer | Profile | |
| Alfredo Austria | I HOMES | Profile | |
| Maria Laperal | Treasurer Director | Profile | |
| Attorney Laman | Co Sec | Profile | |
| Tulsi Reyes | VP Mining | Profile |
Still Interested in DMCI Holdings ADR?
Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.