Deutsche Börse Correlations
| DB1 Stock | 267.20 0.90 0.34% |
The current 90-days correlation between Deutsche Brse AG and Waste Management is 0.1 (i.e., Average diversification). The correlation of Deutsche Börse 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.
Deutsche Börse Correlation With Market
Good diversification
The correlation between Deutsche Brse AG and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Deutsche Brse AG and DJI in the same portfolio, assuming nothing else is changed.
Deutsche |
The ability to find closely correlated positions to Deutsche Börse could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Deutsche Börse when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Deutsche Börse - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Deutsche Brse AG to buy it.
Moving together with Deutsche Stock
| 0.72 | C67 | Cboe Global Markets | PairCorr |
| 0.82 | BRH | Berkshire Hathaway | PairCorr |
| 0.72 | KEI | KEISEI EL RAILWAY Split | PairCorr |
| 0.93 | TKA | thyssenkrupp AG | PairCorr |
| 0.8 | SOBA | ATT Inc | PairCorr |
| 0.94 | BSN | Danone SA | PairCorr |
| 0.94 | 5TP | BLUE LABEL | PairCorr |
| 0.81 | TLLB | Trelleborg AB | PairCorr |
| 0.62 | MRG | Outcrop Silver Gold | PairCorr |
| 0.84 | BY6A | BYD Limited Earnings Call Today | PairCorr |
| 0.93 | JYS1 | JYSKE BANK | PairCorr |
| 0.65 | ROM | Rohm Co | PairCorr |
| 0.91 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.79 | E908 | Lyxor 1 | PairCorr |
| 0.94 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Deutsche Stock
| 0.88 | PQ9 | PT Bank Mandiri | PairCorr |
| 0.88 | PQ9 | BANK MANDIRI | PairCorr |
| 0.79 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.74 | OSKU | JAPAN EX UNADR | PairCorr |
| 0.72 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.63 | BYRA | PT Bank Rakyat | PairCorr |
| 0.62 | BYRA | PT Bank Rakyat | PairCorr |
| 0.49 | NAQ | Nasdaq Inc | PairCorr |
| 0.41 | LS4D | LONDON STEXUNSPADRS1/2 | PairCorr |
| 0.94 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.35 | T9V | TASTY PLC LS | 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
|
Risk-Adjusted Indicators
There is a big difference between Deutsche Stock performing well and Deutsche Börse 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 Deutsche Börse'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UWS | 0.85 | 0.05 | 0.09 | 0.17 | 1.07 | 1.74 | 7.35 | |||
| AF4 | 1.58 | 0.15 | 0.10 | 0.27 | 1.49 | 4.06 | 9.92 | |||
| 4JP | 1.06 | 0.06 | 0.09 | 0.65 | 1.14 | 2.23 | 6.12 | |||
| I8M | 1.47 | 0.25 | 0.16 | 1.14 | 1.64 | 3.25 | 9.11 | |||
| H0O | 1.45 | 0.14 | 0.07 | 4.35 | 2.43 | 3.52 | 21.97 | |||
| ZFI1 | 1.76 | 0.17 | 0.09 | (5.50) | 2.02 | 4.32 | 9.87 | |||
| QBI | 0.30 | (0.16) | 0.00 | (1.85) | 0.00 | 0.00 | 4.26 | |||
| 0QN | 1.87 | (0.30) | 0.00 | (0.58) | 0.00 | 3.11 | 12.39 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Deutsche Börse without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Premium Stories Now
Premium StoriesFollow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
| All Next | Launch Module |
Deutsche Börse Corporate Management
Elected by the shareholders, the Deutsche Börse's board of directors comprises two types of representatives: Deutsche Börse inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Deutsche. The board's role is to monitor Deutsche Börse's management team and ensure that shareholders' interests are well served. Deutsche Börse'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, Deutsche Börse's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Richard Green | Interim Officer | Profile | |
| Gudrun Feiertag | Head Functionality | Profile | |
| Theodor Weimer | CEO Board | Profile | |
| Gregor Pottmeyer | CFO Board | Profile | |
| Stephan Leithner | MD Board | Profile | |
| Heike Eckert | Director Board | Profile | |
| Jan Strecker | Head Relations | Profile |