Dupont De Related Correlations

DD Stock  USD 76.67  0.17  0.22%   
Generate correlation matrix for Dupont De and other related equities to check the degree to which Dupont De Nemours price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Dupont De Nemours. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dupont De Nemours. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
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Is Dupont De's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dupont De. If investors know Dupont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dupont De listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
1.44
Earnings Share
1.09
Revenue Per Share
26.824
Quarterly Revenue Growth
(0.07)
The market value of Dupont De Nemours is measured differently than its book value, which is the value of Dupont that is recorded on the company's balance sheet. Investors also form their own opinion of Dupont De's value that differs from its market value or its book value, called intrinsic value, which is Dupont De's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dupont De's market value can be influenced by many factors that don't directly affect Dupont De's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dupont De's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dupont De is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dupont De's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

WDFC
EUOT
NTIC
WTTR
WDFC
0.00.3-0.08
WDFC
EUOT
0.00.00.0
EUOT
NTIC
0.30.00.7
NTIC
WTTR
-0.080.00.7
WTTR
WDFC
EUOT
NTIC
WTTR
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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   
WTTRNTIC
NTICWDFC
EUOTWDFC
NTICEUOT
WTTREUOT
  
High negative correlations   
WTTRWDFC
WTTREUOT
NTICEUOT
EUOTWDFC

Risk-Adjusted Indicators

There is a big difference between Dupont Stock performing well and Dupont De 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 Dupont De'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.