Diversey Holdings Correlations
| DSEYDelisted Stock | USD 8.39 0.00 0.00% |
The current 90-days correlation between Diversey Holdings and Mister Car Wash is 0.07 (i.e., Significant diversification). The correlation of Diversey 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Diversey Holdings Correlation With Market
Significant diversification
The correlation between Diversey Holdings and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Diversey Holdings and DJI in the same portfolio, assuming nothing else is changed.
Diversey |
Moving together with Diversey Stock
| 0.75 | FSTF | First State Financial | PairCorr |
| 0.72 | MET | MetLife Sell-off Trend | PairCorr |
| 0.78 | JXN-PA | Jackson Financial | PairCorr |
| 0.72 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.83 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.81 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.89 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.66 | XOM | Exxon Mobil Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.78 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.7 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.73 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.84 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.71 | HD | Home Depot | PairCorr |
| 0.8 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Diversey Stock
| 0.85 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.73 | JNJ | Johnson Johnson Sell-off Trend | PairCorr |
| 0.37 | MMM | 3M Company Fiscal Year End 28th 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 Diversey Stock performing well and Diversey 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 Diversey 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MCW | 1.65 | 0.21 | 0.12 | 0.37 | 1.30 | 4.63 | 16.56 | |||
| BFAM | 1.14 | (0.27) | 0.00 | (1.18) | 0.00 | 1.83 | 14.64 | |||
| EM | 3.04 | 0.29 | 0.05 | 1.13 | 2.87 | 7.04 | 36.17 | |||
| CSV | 1.25 | 0.27 | 0.17 | 0.61 | 0.88 | 2.84 | 16.85 | |||
| ROL | 0.98 | (0.05) | (0.06) | 0.02 | 1.83 | 1.53 | 9.52 | |||
| FTDR | 1.30 | 0.20 | 0.14 | 0.33 | 1.12 | 3.68 | 8.60 | |||
| SCI | 0.86 | 0.12 | 0.07 | 0.37 | 0.74 | 1.89 | 8.36 |
Diversey Holdings 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 Diversey Holdings stock to make a market-neutral strategy. Peer analysis of Diversey Holdings could also be used in its relative valuation, which is a method of valuing Diversey Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Diversey Holdings Corporate Management
| Michael Priore | Chief Global | Profile | |
| Sinead Kwant | Pres Europe | Profile | |
| Philip Wieland | CEO Director | Profile | |
| Grant Graver | VP Planning | Profile | |
| Michael Chapman | G Global | Profile | |
| Annette Bergknut | Chief Officer | Profile | |
| Philip Herndon | Chief Global | Profile |
Still Interested in Diversey 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.