Kuehne + Correlations
| KHNGF Stock | USD 230.63 0.46 0.20% |
The current 90-days correlation between Kuehne Nagel Interna and DSV Panalpina AS is 0.03 (i.e., Significant diversification). The correlation of Kuehne + 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.
Kuehne + Correlation With Market
Good diversification
The correlation between Kuehne Nagel International and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kuehne Nagel International and DJI in the same portfolio, assuming nothing else is changed.
Kuehne |
The ability to find closely correlated positions to Kuehne + could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Kuehne + 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 Kuehne + - 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 Kuehne Nagel International to buy it.
Moving together with Kuehne Pink Sheet
| 0.84 | DPSTF | Deutsche Post AG | PairCorr |
| 0.99 | KHNGY | Kuehne Nagel Interna | PairCorr |
| 0.86 | VLKAF | Volkswagen AG | PairCorr |
| 0.87 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.82 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.85 | VWAPY | Volkswagen AG Pref | PairCorr |
Moving against Kuehne Pink Sheet
| 0.88 | WMT | Walmart Aggressive Push | PairCorr |
| 0.84 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.79 | HNHPF | Hon Hai Precision | PairCorr |
| 0.77 | UPS | United Parcel Service | PairCorr |
| 0.77 | XPO | XPO Logistics | PairCorr |
| 0.72 | DPSGY | Deutsche Post AG | PairCorr |
| 0.72 | JBHT | JB Hunt Transport Fiscal Year End 16th of January 2025 | PairCorr |
| 0.7 | DSDVY | DSV Panalpina AS | PairCorr |
| 0.67 | DSDVF | DSV Panalpina AS | PairCorr |
| 0.63 | ACN | Accenture plc Sell-off Trend | PairCorr |
| 0.9 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.89 | FDS | FactSet Research Systems | PairCorr |
| 0.88 | DDD | 3D Systems | PairCorr |
| 0.86 | NFLX | Netflix Fiscal Year End 28th of January 2025 | PairCorr |
| 0.85 | B | Barnes Group | PairCorr |
| 0.78 | STR | Sitio Royalties Corp | PairCorr |
| 0.78 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.71 | CIADY | China Mengniu Dairy | PairCorr |
| 0.7 | AUR | Aurora Innovation Buyout Trend | PairCorr |
| 0.68 | KD | Kyndryl Holdings Tech Boost | PairCorr |
| 0.56 | GARPF | Golden Agri Resources | PairCorr |
| 0.34 | ESRT | Empire State Realty | 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 Kuehne Pink Sheet performing well and Kuehne + 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 Kuehne +'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DSDVF | 1.72 | 0.26 | 0.05 | (1.06) | 2.01 | 3.57 | 20.49 | |||
| CHRW | 0.95 | (0.04) | (0.06) | 0.05 | 1.36 | 2.16 | 8.29 | |||
| KHNGY | 0.93 | (0.39) | 0.00 | 9.47 | 0.00 | 1.29 | 7.02 | |||
| DSDVY | 1.19 | 0.21 | 0.07 | (2.90) | 0.98 | 2.64 | 11.61 | |||
| DPSTF | 1.29 | (0.15) | 0.00 | 0.38 | 0.00 | 2.79 | 12.17 | |||
| DPSGY | 1.05 | 0.20 | 0.04 | (0.66) | 1.14 | 2.20 | 5.58 | |||
| FDX | 1.16 | (0.03) | (0.01) | 0.08 | 3.10 | 2.21 | 17.41 | |||
| GXO | 1.57 | 0.18 | 0.14 | 0.26 | 1.29 | 2.56 | 17.49 | |||
| JBHT | 1.26 | 0.03 | 0.03 | 0.14 | 1.36 | 3.15 | 6.94 | |||
| EXPD | 0.88 | (0.04) | 0.00 | (0.07) | 0.00 | 1.89 | 4.65 |
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Kuehne + Corporate Executives
Elected by the shareholders, the Kuehne +'s board of directors comprises two types of representatives: Kuehne + inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kuehne. The board's role is to monitor Kuehne +'s management team and ensure that shareholders' interests are well served. Kuehne +'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, Kuehne +'s outside directors are responsible for providing unbiased perspectives on the board's policies.
| Markus BlankaGraff | Member of the Management Board, CFO | Profile |