Datang International Correlations
| BJI Stock | EUR 0.21 0.01 5.00% |
The current 90-days correlation between Datang International and Hisense Home Appliances is 0.38 (i.e., Weak diversification). The correlation of Datang International 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.
Datang International Correlation With Market
Good diversification
The correlation between Datang International Power and DJI is -0.17 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Datang International Power and DJI in the same portfolio, assuming nothing else is changed.
Datang |
The ability to find closely correlated positions to Datang International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Datang International 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 Datang International - 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 Datang International Power to buy it.
Moving together with Datang Stock
| 0.74 | ENR0 | SIEMENS ENERGY AG | PairCorr |
| 0.73 | ENR | Siemens Energy AG | PairCorr |
| 0.72 | CENN | CENTRICA ADR NEW | PairCorr |
| 0.8 | DBK | Deutsche Bank Aktien | PairCorr |
| 0.9 | WUW | Wstenrot Wrttembergische Earnings Call This Week | PairCorr |
| 0.88 | 3AL | ALD SA | PairCorr |
Moving against Datang Stock
| 0.62 | CYZB | CN YANGTPWR GDR | PairCorr |
| 0.59 | BZB | Contact Energy | PairCorr |
| 0.43 | TZ1 | TransAlta | PairCorr |
| 0.4 | BYRA | PT Bank Rakyat | PairCorr |
| 0.35 | 9PAA | Pampa Energa SA Earnings Call Tomorrow | PairCorr |
| 0.31 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.47 | DBPD | Xtrackers ShortDAX | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Datang Stock performing well and Datang International 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 Datang International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GKE | 2.47 | (0.26) | 0.00 | 0.26 | 0.00 | 5.08 | 20.69 | |||
| 44B | 2.31 | 0.01 | 0.05 | (0.14) | 3.99 | 4.60 | 22.36 | |||
| A4XA | 1.68 | 0.06 | 0.10 | (0.58) | 1.80 | 3.77 | 10.38 | |||
| BE4A | 2.59 | (0.09) | 0.00 | 7.84 | 0.00 | 6.54 | 17.65 | |||
| PIJ | 2.81 | (0.04) | 0.00 | 0.08 | 0.00 | 6.67 | 28.43 | |||
| THM | 1.97 | (0.17) | 0.00 | (0.54) | 0.00 | 3.81 | 17.56 | |||
| T1I | 1.60 | (0.11) | 0.00 | 0.32 | 0.00 | 3.38 | 11.01 | |||
| RNT | 2.07 | (0.01) | 0.05 | (0.08) | 2.57 | 5.56 | 13.28 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Datang International 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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Piotroski F ScoreGet Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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Datang International Corporate Management
Elected by the shareholders, the Datang International's board of directors comprises two types of representatives: Datang International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Datang. The board's role is to monitor Datang International's management team and ensure that shareholders' interests are well served. Datang International'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, Datang International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Tongliang Wang | Member Department | Profile | |
| Yanwen Sun | Chief Accountant | Profile | |
| Fugui Bai | Deputy Mang | Profile | |
| Yongpan Liang | Ex GM | Profile | |
| Xuejun Ying | NonEx Director | Profile | |
| Xiangyang Xu | Member HR | Profile | |
| ACIS ACS | Company Sec | Profile |