Dynasil Of Correlations

Summary

DYSLDelisted Stock

USD 2.50 0.00 0.00%

The current 90-days correlation between Dynasil Of and ESCO Technologies is 0.12 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dynasil Of moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynasil of moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Dynasil Of Correlation With Market

Average diversification

The correlation between Dynasil of and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dynasil of and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Dynasil Of could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynasil Of 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 Dynasil Of - 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 Dynasil of to buy it.

Moving together with Dynasil Pink Sheet

0.66	TDY	Teledyne Technologies Fiscal Year End 22nd of January 2025	Pair Corr
0.63	CPTNW	Cepton Inc	Pair Corr

Moving against Dynasil Pink Sheet

0.82	KNW	Know Labs Fiscal Year End 17th of December 2024	Pair Corr
0.81	LUNA	Luna Innovations	Pair Corr
0.8	AATC	Autoscope Technologies	Pair Corr
0.52	SVREW	SaverOne 2014	Pair Corr
0.49	ASTC	Astrotech Corp	Pair Corr
0.47	VPG	Vishay Precision	Pair Corr
0.44	FCUV	Focus Universal	Pair Corr
0.43	WATT	Energous	Pair Corr
0.35	ST	Sensata Technologies	Pair Corr
0.79	SMIT	Schmitt Industries	Pair Corr
0.74	EVOL	Evolving Systems	Pair Corr
0.71	DMAN	Innovativ Media Group	Pair Corr
0.69	ELCO	Elcom International	Pair Corr
0.64	SVRE	SaverOne 2014	Pair Corr
0.64	VEEA	Veea Inc Symbol Change	Pair Corr
0.6	VVPR	VivoPower International Tech Boost	Pair Corr
0.59	DLPX	Delphax Technologies	Pair Corr
0.54	SOBR	Sobr Safe Trending	Pair Corr

Related Correlations Analysis

	ESE	BMI	NOVT	ST	FTV	ITRI	MLAB	VNT	MKSI	COHR
ESE		0.48	-0.23	-0.79	0.42	0.88	-0.58	0.87	0.26	0.75	ESE
BMI	0.48		0.2	-0.25	0.68	0.61	0.03	0.36	0.4	0.64	BMI
NOVT	-0.23	0.2		0.63	0.11	-0.06	0.61	-0.07	0.15	0.09	NOVT
ST	-0.79	-0.25	0.63		-0.03	-0.72	0.75	-0.7	-0.02	-0.5	ST
FTV	0.42	0.68	0.11	-0.03		0.29	0.18	0.15	0.3	0.54	FTV
ITRI	0.88	0.61	-0.06	-0.72	0.29		-0.44	0.93	0.31	0.74	ITRI
MLAB	-0.58	0.03	0.61	0.75	0.18	-0.44		-0.48	-0.08	-0.27	MLAB
VNT	0.87	0.36	-0.07	-0.7	0.15	0.93	-0.48		0.29	0.65	VNT
MKSI	0.26	0.4	0.15	-0.02	0.3	0.31	-0.08	0.29		0.0	MKSI
COHR	0.75	0.64	0.09	-0.5	0.54	0.74	-0.27	0.65	0.0		COHR
	ESE	BMI	NOVT	ST	FTV	ITRI	MLAB	VNT	MKSI	COHR

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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

VNT	+ 0.93	ITRI
ITRI	+ 0.88	ESE
VNT	+ 0.87	ESE
COHR	+ 0.75	ESE
MLAB	+ 0.75	ST
COHR	+ 0.74	ITRI

High negative correlations

ST	- 0.79	ESE
ITRI	- 0.72	ST
VNT	- 0.7	ST
MLAB	- 0.58	ESE
COHR	- 0.5	ST
VNT	- 0.48	MLAB

Risk-Adjusted Indicators

There is a big difference between Dynasil Pink Sheet performing well and Dynasil Of 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 Dynasil Of'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
ESE	1.13	0.16	0.15	0.23	1.10	(1.23)	3.07	(1.64)	11.48
BMI	1.33	(0.10)	(0.01)	0.06	1.80	(1.37)	2.59	(2.39)	10.23
NOVT	1.47	(0.35)	0.00	(0.05)	0.00	0.00	2.84	(2.60)	14.41
ST	1.57	(0.42)	0.00	(0.15)	0.00	0.00	3.30	(3.01)	10.22
FTV	1.01	(0.03)	0.00	0.10	1.14	(1.12)	2.09	(1.69)	6.53
ITRI	1.44	0.12	0.08	0.24	1.58	(1.61)	3.35	(2.59)	10.19
MLAB	2.46	(0.56)	0.00	(0.05)	0.00	0.00	3.47	(5.50)	23.18
VNT	1.24	0.05	0.06	0.17	1.11	(1.52)	2.48	(2.06)	11.02
MKSI	2.18	(0.23)	(0.04)	0.00	3.22	(2.14)	4.95	(3.85)	18.54
COHR	2.43	0.19	0.08	0.24	2.95	(2.50)	6.27	(4.90)	15.34

Dynasil Of Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dynasil Of pink sheet to make a market-neutral strategy. Peer analysis of Dynasil Of could also be used in its relative valuation, which is a method of valuing Dynasil Of by comparing valuation metrics with similar companies.

ESCO Technologies Badger Meter Novanta Sensata Technologies Holding Fortive Corp Itron Inc Mesa Laboratories Vontier Corp MKS Instruments Coherent Teledyne Technologies Incorporated Cognex American Airlines Group Alcoa Corp Apple Inc

Risk & Return

Correlation

Dynasil Of Corporate Management

Patricia Kehe	Corporate Secretary	Profile
Holly Hicks	VP CFO	Profile
Matthew Gardella	Assistant Sec	Profile
Bruce Leonetti	VP Silica	Profile
Patricia Tuohy	VP Devel	Profile
Paul Schulz	Pres Corp	Profile

Still Interested in Dynasil of?

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.

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