DISH Network Correlations
| DISHDelisted Stock | USD 7.76 0.33 4.44% |
The current 90-days correlation between DISH Network and Vodafone Group PLC is -0.07 (i.e., Good diversification). The correlation of DISH Network 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.
DISH Network Correlation With Market
Significant diversification
The correlation between DISH Network and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding DISH Network and DJI in the same portfolio, assuming nothing else is changed.
DISH |
Moving against DISH Stock
| 0.45 | PTAIY | Astra International Tbk | PairCorr |
| 0.35 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.34 | PBCRY | Bank Central Asia | PairCorr |
| 0.34 | INTC | Intel Fiscal Year End 23rd of January 2025 | 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 DISH Stock performing well and DISH Network 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 DISH Network'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VZ | 0.98 | 0.09 | (0.01) | 1.11 | 1.32 | 2.16 | 8.86 | |||
| T | 1.00 | 0.29 | 0.16 | (7.31) | 0.90 | 2.65 | 6.59 | |||
| CMCSA | 1.04 | 0.04 | 0.02 | 0.14 | 1.11 | 2.52 | 8.17 | |||
| CHTR | 1.59 | 0.10 | 0.07 | 0.20 | 1.51 | 3.63 | 15.54 | |||
| VOD | 1.02 | (0.15) | 0.00 | (0.26) | 0.00 | 2.06 | 11.18 | |||
| TMUS | 0.92 | 0.26 | 0.16 | 0.51 | 1.00 | 1.95 | 8.79 | |||
| LUMN | 3.74 | 0.15 | 0.09 | 0.15 | 3.91 | 9.55 | 27.32 |
DISH Network Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with DISH Network stock to make a market-neutral strategy. Peer analysis of DISH Network could also be used in its relative valuation, which is a method of valuing DISH Network by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
DISH Network Corporate Executives
Elected by the shareholders, the DISH Network's board of directors comprises two types of representatives: DISH Network inside directors who are chosen from within the company, and outside directors, selected externally and held independent of DISH. The board's role is to monitor DISH Network's management team and ensure that shareholders' interests are well served. DISH Network'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, DISH Network's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Erik Carlson | Pres and COO | Profile |
Still Interested in DISH Network?
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