Doma Holdings Correlations

Summary

DOMADelisted Stock

USD 6.28 0.24 3.97%

The current 90-days correlation between Doma Holdings and Re Max Holding is -0.01 (i.e., Good diversification). The correlation of Doma Holdings 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.

Doma Holdings Correlation With Market

Average diversification

The correlation between Doma Holdings 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 Doma Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving together with Doma Stock

0.62	COIN	Coinbase Global Aggressive Push	Pair Corr
0.64	WMT	Walmart Earnings Call This Week	Pair Corr
0.81	BAC	Bank of America Aggressive Push	Pair Corr
0.71	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr

Moving against Doma Stock

0.74	MRK	Merck Company Sell-off Trend	Pair Corr
0.7	TUXS	Tuxis	Pair Corr
0.49	BKLRF	Berkeley Energy	Pair Corr
0.36	AWCMY	Alumina Limited PK	Pair Corr
0.32	LNDNF	Lundin Energy AB	Pair Corr
0.7	KO	Coca Cola Fiscal Year End 11th of February 2025	Pair Corr
0.52	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.35	PG	Procter Gamble	Pair Corr
0.33	JNJ	Johnson Johnson Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	HOUS	OPEN	RMAX	RDFN	MMI	FRPH	MLP	MAYS	NEN	CIGI
HOUS		0.73	0.14	0.57	0.14	-0.2	0.18	-0.03	-0.55	-0.29	HOUS
OPEN	0.73		0.28	0.61	0.4	-0.11	0.34	0.19	-0.35	-0.18	OPEN
RMAX	0.14	0.28		0.78	0.51	0.46	0.04	-0.05	0.09	0.76	RMAX
RDFN	0.57	0.61	0.78		0.43	0.11	0.15	-0.02	-0.24	0.43	RDFN
MMI	0.14	0.4	0.51	0.43		0.5	0.35	0.42	-0.11	0.29	MMI
FRPH	-0.2	-0.11	0.46	0.11	0.5		0.28	-0.11	0.24	0.4	FRPH
MLP	0.18	0.34	0.04	0.15	0.35	0.28		0.01	-0.08	-0.23	MLP
MAYS	-0.03	0.19	-0.05	-0.02	0.42	-0.11	0.01		-0.12	-0.13	MAYS
NEN	-0.55	-0.35	0.09	-0.24	-0.11	0.24	-0.08	-0.12		0.28	NEN
CIGI	-0.29	-0.18	0.76	0.43	0.29	0.4	-0.23	-0.13	0.28		CIGI
	HOUS	OPEN	RMAX	RDFN	MMI	FRPH	MLP	MAYS	NEN	CIGI

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

RDFN	+ 0.78	RMAX
CIGI	+ 0.76	RMAX
OPEN	+ 0.73	HOUS
RDFN	+ 0.61	OPEN
RDFN	+ 0.57	HOUS
MMI	+ 0.51	RMAX

High negative correlations

NEN	- 0.55	HOUS
NEN	- 0.35	OPEN
CIGI	- 0.29	HOUS
NEN	- 0.24	RDFN
CIGI	- 0.23	MLP
FRPH	- 0.2	HOUS

Risk-Adjusted Indicators

There is a big difference between Doma Stock performing well and Doma Holdings 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 Doma Holdings' 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
HOUS	2.96	(0.26)	0.00	(0.05)	0.00	0.00	6.89	(5.35)	19.60
OPEN	3.78	(0.19)	0.00	0.06	4.39	(4.31)	6.86	(7.41)	21.47
RMAX	2.41	0.18	0.06	0.35	2.49	(2.79)	5.18	(4.18)	24.53
RDFN	4.45	0.13	0.05	0.21	4.85	(5.15)	12.03	(7.86)	41.27
MMI	1.41	(0.01)	0.02	0.14	1.49	(1.60)	4.32	(2.59)	9.67
FRPH	0.99	(0.08)	(0.06)	0.07	1.09	(1.14)	2.19	(2.34)	5.60
MLP	2.29	(0.26)	(0.01)	0.04	2.86	(2.56)	4.26	(5.00)	18.75
MAYS	0.95	0.03	0.00	0.04	0.00	0.00	3.31	(3.62)	11.71
NEN	1.28	0.22	0.05	1.14	1.45	(1.51)	2.65	(3.59)	12.12
CIGI	1.05	0.09	(0.01)	0.41	1.14	(1.14)	2.36	(2.03)	8.07

View Doma Holdings Related Equities

Anywhere Real Estate Opendoor Technologies Re Max Holding Redfin Corp Marcus Millichap Frp Holdings Ord Maui Land Pineapple J W Mays New England Realty Colliers International Group Cushman Wakefield plc eXp World Holdings Fathom Holdings RMR Group FirstService Corp

Risk & Return

Correlation

Doma Holdings Corporate Management

Wendy Zorick	Executive Officer	Profile
Jesse Kaplan	Executive Officer	Profile
Rebecca Salinas	Executive Officer	Profile
Eric Watson	Gen VP	Profile
Mini Peiris	Chief Officer	Profile
Maxwell Simkoff	CEO Founder	Profile

Still Interested in Doma Holdings?

Investing in delisted delisted stocks can be risky, as the stock 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC