Duos Technologies Correlations
| DUOT Stock | USD 6.07 0.11 1.78% |
The correlation of Duos Technologies 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.
Duos Technologies Correlation With Market
Average diversification
The correlation between Duos Technologies Group and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Duos Technologies Group and DJI in the same portfolio, assuming nothing else is changed.
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Moving against Duos Stock
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 Duos Stock performing well and Duos Technologies 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 Duos Technologies' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AMSWA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BCOV | 2.20 | 1.15 | 0.69 | 4.58 | 0.00 | 5.98 | 36.11 | |||
| ALKT | 2.04 | (0.46) | 0.00 | (0.32) | 0.00 | 3.49 | 19.06 | |||
| ADEA | 1.79 | 0.00 | 0.00 | (0.04) | 0.00 | 2.53 | 26.93 | |||
| IDBA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ISDR | 1.73 | (0.12) | 0.00 | (0.57) | 0.00 | 2.88 | 9.01 | |||
| CCRD | 2.28 | 0.01 | 0.00 | (0.02) | 0.00 | 4.75 | 12.83 | |||
| ENFN | 1.14 | 0.09 | 0.06 | 0.34 | 1.58 | 3.38 | 10.10 | |||
| PBTS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| OCFT | 4.81 | 1.82 | 0.36 | 1.51 | 3.63 | 14.95 | 36.20 |
Duos Technologies Corporate Management
| Mike Reilly | Human Manager | Profile | |
| Connie Weeks | Chief Officer | Profile | |
| Charles Ferry | CEO Director | Profile | |
| Christopher King | Chief Officer | Profile | |
| Joseph Dicamillo | General Counsel | Profile |