Domo Correlations
| DOMO Stock | USD 8.23 0.51 6.61% |
The current 90-days correlation between Domo Inc and Pagerduty is 0.43 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Domo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Domo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Domo Correlation With Market
Very weak diversification
The correlation between Domo Inc and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Domo Inc and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Domo Stock
| 0.73 | DJCO | Daily Journal Corp Earnings Call This Week | PairCorr |
| 0.73 | PD | Pagerduty | PairCorr |
| 0.66 | WK | Workiva | PairCorr |
| 0.71 | DOCU | DocuSign | PairCorr |
| 0.66 | VERB | Verb Technology | PairCorr |
| 0.66 | VMEO | Vimeo Inc | PairCorr |
| 0.67 | EGHT | 8x8 Common Stock | PairCorr |
| 0.66 | ESTC | Elastic NV | PairCorr |
| 0.68 | ETWO | E2open Parent Holdings | PairCorr |
| 0.65 | EXFY | Expensify | PairCorr |
| 0.69 | CRM | Salesforce | PairCorr |
| 0.78 | CXM | Sprinklr | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Domo Stock performing well and Domo 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 Domo'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DT | 1.81 | (0.29) | 0.00 | (10.11) | 0.00 | 2.59 | 13.07 | |||
| ESTC | 2.84 | (0.18) | 0.00 | (0.21) | 0.00 | 5.91 | 24.93 | |||
| PD | 2.14 | (0.05) | 0.00 | (0.14) | 0.00 | 3.60 | 26.16 | |||
| MNDY | 3.25 | 0.49 | 0.09 | 0.14 | 4.13 | 7.13 | 38.83 | |||
| MCLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| WETG | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RSKD | 1.93 | (0.01) | 0.00 | (0.11) | 0.00 | 4.01 | 15.41 | |||
| MITK | 2.17 | (0.04) | 0.00 | (0.14) | 0.00 | 4.14 | 17.37 | |||
| YMM | 2.42 | 0.14 | 0.07 | 1.99 | 3.45 | 4.77 | 24.85 | |||
| LTCH | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Domo Corporate Management
| John Mellor | CEO Director | Profile | |
| Madison McCord | Vice Resources | Profile | |
| Alexis JD | Chief Officer | Profile | |
| R Tracy | Chief Officer | Profile | |
| Julie Kehoe | Chief Officer | Profile |