DORO AB Correlations
| DORO Stock | SEK 34.40 0.30 0.88% |
The current 90-days correlation between DORO AB and Bredband2 i Skandinavien is -0.07 (i.e., Good diversification). The correlation of DORO AB 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.
DORO AB Correlation With Market
Good diversification
The correlation between DORO AB and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DORO AB and DJI in the same portfolio, assuming nothing else is changed.
DORO |
The ability to find closely correlated positions to DORO AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DORO AB 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 DORO AB - 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 DORO AB to buy it.
Moving together with DORO Stock
| 0.66 | MTG-A | Modern Times Group | PairCorr |
| 0.65 | SALT-B | SaltX Technology Holding | PairCorr |
| 0.66 | CARE | Careium AB | PairCorr |
| 0.66 | VOLV-B | AB Volvo | PairCorr |
| 0.76 | LIPUM | Lipum AB | PairCorr |
| 0.65 | BILL | BillerudKorsnas AB | PairCorr |
| 0.79 | CAMX | Camurus AB | PairCorr |
| 0.71 | ALIG | Alimak Hek Group | PairCorr |
| 0.69 | SHOT | Scandic Hotels Group | PairCorr |
| 0.69 | RATO-A | Ratos AB | PairCorr |
| 0.65 | MTG-B | Modern Times Group | PairCorr |
| 0.66 | ACCON | Acconeer AB | PairCorr |
Moving against DORO Stock
| 0.58 | CIRCHE | CirChem AB | PairCorr |
| 0.5 | RO | Rolling Optics Holding | PairCorr |
| 0.35 | LOGI-B | Logistea AB Series | PairCorr |
| 0.34 | LOGI-A | Logistea A | PairCorr |
| 0.43 | QLINEA | Q linea AB | PairCorr |
Related Correlations Analysis
| 0.17 | -0.04 | 0.11 | -0.33 | BRE2 | ||
| 0.17 | -0.8 | 0.82 | -0.51 | ENEA | ||
| -0.04 | -0.8 | -0.83 | 0.53 | KNOW | ||
| 0.11 | 0.82 | -0.83 | -0.64 | CEVI | ||
| -0.33 | -0.51 | 0.53 | -0.64 | CARE | ||
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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 DORO Stock performing well and DORO AB 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 DORO AB'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BRE2 | 1.03 | 0.13 | 0.15 | (2.69) | 1.12 | 2.97 | 6.90 | |||
| ENEA | 1.42 | (0.24) | 0.00 | (1.47) | 0.00 | 2.53 | 11.72 | |||
| KNOW | 1.31 | 0.26 | 0.21 | (1.54) | 1.46 | 3.12 | 9.23 | |||
| CEVI | 1.88 | (0.37) | 0.00 | (0.94) | 0.00 | 3.74 | 13.65 | |||
| CARE | 1.45 | 0.33 | 0.26 | 0.71 | 1.27 | 2.94 | 18.39 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in DORO AB without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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DORO AB Corporate Management
Elected by the shareholders, the DORO AB's board of directors comprises two types of representatives: DORO AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DORO. The board's role is to monitor DORO AB's management team and ensure that shareholders' interests are well served. DORO AB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, DORO AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jenny Karlsson | Operations Director | Profile | |
| Therese Brahed | HR Director | Profile | |
| Martin Trngren | Procurement Director | Profile | |
| Valrie Olek | Regional Europe | Profile | |
| Yucel Yasar | Director Category | Profile | |
| Fredrik Bengtsson | Technology Director | Profile |