Dah Sing Correlations
| DSFGY Stock | USD 11.27 0.00 0.00% |
The current 90-days correlation between Dah Sing Financial and National Bank Holdings is 0.07 (i.e., Significant diversification). The correlation of Dah Sing 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.
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The ability to find closely correlated positions to Dah Sing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dah Sing 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 Dah Sing - 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 Dah Sing Financial to buy it.
Moving together with Dah Pink Sheet
| 0.88 | CIHKY | China Merchants Bank Earnings Call This Week | PairCorr |
| 0.91 | BBAS3 | Banco do Brasil | PairCorr |
| 0.71 | USB-PH | US Bancorp | PairCorr |
| 0.89 | BNPQY | BNP Paribas SA | PairCorr |
| 0.89 | BNPQF | BNP Paribas SA | PairCorr |
| 0.84 | CWCO | Consolidated Water Earnings Call This Week | PairCorr |
| 0.89 | NVRO | Nevro Corp | PairCorr |
| 0.82 | MMM | 3M Company | PairCorr |
| 0.92 | JNJ | Johnson Johnson | PairCorr |
| 0.86 | IBM | International Business | PairCorr |
| 0.75 | CSCO | Cisco Systems | PairCorr |
| 0.84 | GE | GE Aerospace | PairCorr |
| 0.77 | VZ | Verizon Communications | PairCorr |
| 0.67 | TRV | The Travelers Companies | PairCorr |
| 0.71 | MCD | McDonalds | PairCorr |
Moving against Dah Pink Sheet
| 0.8 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.77 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.73 | PTAIY | Astra International Tbk | PairCorr |
| 0.7 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.45 | HDB | HDFC Bank Limited Normal Trading | PairCorr |
| 0.45 | IBN | ICICI Bank Limited Normal Trading | PairCorr |
| 0.83 | MSFT | Microsoft | PairCorr |
| 0.67 | CAT | Caterpillar | PairCorr |
| 0.52 | HPQ | HP Inc | PairCorr |
| 0.44 | DIS | Walt Disney | PairCorr |
| 0.4 | AXP | American Express Sell-off Trend | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Dah Pink Sheet performing well and Dah Sing 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 Dah Sing'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FBP | 1.29 | (0.02) | 0.00 | (0.09) | 0.00 | 2.50 | 11.01 | |||
| FRAF | 1.08 | 0.18 | 0.20 | 0.47 | 0.94 | 4.20 | 8.27 | |||
| NBHC | 1.12 | (0.17) | 0.00 | (0.25) | 0.00 | 1.77 | 6.80 | |||
| BWFG | 1.49 | (0.02) | 0.00 | (0.09) | 0.00 | 3.42 | 8.46 | |||
| FNWD | 1.06 | (0.08) | 0.00 | (0.45) | 0.00 | 2.12 | 8.51 | |||
| OPBK | 1.94 | (0.39) | 0.00 | (0.57) | 0.00 | 3.72 | 14.37 | |||
| HAFC | 1.45 | (0.25) | 0.00 | 2.43 | 0.00 | 2.47 | 11.30 | |||
| HOPE | 1.28 | (0.36) | 0.00 | 1.81 | 0.00 | 2.24 | 8.88 | |||
| NBN | 1.29 | (0.09) | 0.00 | (1.81) | 0.00 | 3.03 | 7.63 | |||
| RBB | 1.20 | (0.46) | 0.00 | 1.45 | 0.00 | 2.06 | 7.07 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Dah Sing 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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Dah Sing Corporate Management
| LungMan Chiu | Chief Bank | Profile | |
| Chow ChiLeung | Chief Officer | Profile | |
| CheungWah Lam | Exec div | Profile | |
| FCS FCIS | Company Sec | Profile |