Dallasnews Corp Correlations
| DALN Stock | USD 13.71 0.01 0.07% |
The current 90-days correlation between Dallasnews Corp and Lee Enterprises Incorporated is 0.11 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dallasnews Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dallasnews Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Dallasnews Corp Correlation With Market
Good diversification
The correlation between Dallasnews Corp and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Dallasnews Corp and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Dallasnews Stock
Moving against Dallasnews Stock
| 0.83 | WPP | WPP PLC ADR | PairCorr |
| 0.5 | PSO | Pearson PLC ADR | PairCorr |
| 0.39 | BOC | Boston Omaha Corp | PairCorr |
| 0.38 | VZ | Verizon Communications Aggressive Push | 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 Dallasnews Stock performing well and Dallasnews Corp 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 Dallasnews Corp'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LEE | 2.41 | (0.36) | 0.00 | (8.77) | 0.00 | 5.08 | 19.19 | |||
| GWOX | 1.23 | (0.11) | 0.00 | (0.77) | 0.00 | 4.65 | 15.33 | |||
| PCSA | 6.57 | 0.26 | 0.02 | 0.52 | 7.48 | 13.64 | 50.00 | |||
| ATGN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AATC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dallasnews Corp Corporate Management
| Robert Decherd | Ex Chairman | Profile | |
| Chris Patheiger | Chief Officer | Profile | |
| Grant Moise | CEO Director | Profile | |
| Julie Hoagland | VP Officer | Profile | |
| Natalie Yancy | Chief News | Profile | |
| Christine Larkin | Gen VP | Profile | |
| Leona Ford | Chief Publisher | Profile |