De Rucci Correlations
| 001323 Stock | 26.16 0.06 0.23% |
The current 90-days correlation between De Rucci Healthy and Eastern Communications Co is -0.01 (i.e., Good diversification). The correlation of De Rucci 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.
De Rucci Correlation With Market
Average diversification
The correlation between De Rucci Healthy and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding De Rucci Healthy and DJI in the same portfolio, assuming nothing else is changed.
001323 |
The ability to find closely correlated positions to De Rucci could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace De Rucci 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 De Rucci - 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 De Rucci Healthy to buy it.
Moving together with 001323 Stock
| 0.67 | 601668 | China State Construction | PairCorr |
| 0.75 | 600048 | Poly Real Estate | PairCorr |
| 0.81 | 001979 | China Merchants Shekou | PairCorr |
| 0.78 | 000002 | China Vanke | PairCorr |
| 0.61 | 600519 | Kweichow Moutai | PairCorr |
| 0.83 | 600153 | Xiamen CD | PairCorr |
| 0.82 | 600325 | Huafa Industrial | PairCorr |
Moving against 001323 Stock
| 0.61 | 002379 | Shandong Hongchuang | PairCorr |
| 0.56 | 603828 | Suzhou Kelida Bldg | PairCorr |
| 0.56 | 600426 | Shandong Hualu Hengsheng | PairCorr |
| 0.43 | 688115 | Smartgiant Technology | PairCorr |
| 0.38 | 603799 | Zhejiang Huayou Cobalt | PairCorr |
| 0.33 | 600089 | Tbea | PairCorr |
| 0.31 | 002400 | Guangdong Advertising | PairCorr |
| 0.31 | 002177 | Guangzhou KingTeller | PairCorr |
Related Correlations Analysis
| 0.68 | 0.65 | 0.55 | 0.62 | 0.76 | 0.68 | 200468 | ||
| 0.68 | 0.36 | 0.29 | 0.52 | 0.46 | 0.37 | 301552 | ||
| 0.65 | 0.36 | 0.78 | 0.7 | 0.9 | 0.94 | 900941 | ||
| 0.55 | 0.29 | 0.78 | 0.67 | 0.78 | 0.75 | 301282 | ||
| 0.62 | 0.52 | 0.7 | 0.67 | 0.72 | 0.75 | 603002 | ||
| 0.76 | 0.46 | 0.9 | 0.78 | 0.72 | 0.85 | 300322 | ||
| 0.68 | 0.37 | 0.94 | 0.75 | 0.75 | 0.85 | 002446 | ||
Risk-Adjusted Indicators
There is a big difference between 001323 Stock performing well and De Rucci 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 De Rucci'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 200468 | 1.78 | 0.07 | 0.02 | 0.18 | 2.09 | 4.35 | 10.15 | |||
| 301552 | 0.89 | (0.01) | (0.02) | 0.08 | 1.17 | 1.59 | 5.91 | |||
| 900941 | 1.76 | 0.40 | 0.09 | 2.41 | 1.70 | 6.00 | 18.21 | |||
| 301282 | 1.99 | 0.14 | 0.07 | 0.22 | 1.97 | 4.97 | 21.17 | |||
| 603002 | 1.90 | 0.13 | 0.04 | 0.26 | 2.40 | 4.10 | 15.57 | |||
| 300322 | 2.51 | 0.21 | 0.07 | 0.24 | 3.05 | 5.39 | 22.98 | |||
| 002446 | 2.53 | 0.57 | 0.17 | 0.58 | 2.97 | 9.97 | 19.32 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in De Rucci 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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De Rucci Corporate Management
Elected by the shareholders, the De Rucci's board of directors comprises two types of representatives: De Rucci inside directors who are chosen from within the company, and outside directors, selected externally and held independent of 001323. The board's role is to monitor De Rucci's management team and ensure that shareholders' interests are well served. De Rucci'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, De Rucci's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Yuan Zhao | Deputy Secretary | Profile | |
| Jiqing Yao | Vice Manager | Profile | |
| Tao Tao | Deputy Manager | Profile | |
| Yonghui Deng | Deputy Controller | Profile | |
| Linfang Chen | Accounting Supervisor | Profile |