Trivago NV Correlations

TRVG Stock

USD 4.77 0.48 11.19%

The current 90-days correlation between Trivago NV and Cheetah Mobile is 0.38 (i.e., Weak diversification). The correlation of Trivago NV 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.

Trivago NV Correlation With Market

Significant diversification

The correlation between Trivago NV and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trivago NV and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trivago NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more detail on how to invest in Trivago Stock please use our How to Invest in Trivago NV guide.

Moving together with Trivago Stock

0.75	BZ	Kanzhun Ltd ADR	Pair Corr
0.75	WB	Weibo Corp	Pair Corr
0.86	YY	YY Inc Class	Pair Corr
0.81	ZH	Zhihu Inc ADR Earnings Call This Week	Pair Corr
0.82	EVER	EverQuote Class A	Pair Corr
0.73	TME	Tencent Music Entert	Pair Corr
0.66	GIFT	RDE, Inc Symbol Change	Pair Corr
0.86	JFIN	Jiayin Group Trending	Pair Corr

Moving against Trivago Stock

0.89	WBTN	WEBTOON Entertainment	Pair Corr
0.81	DJT	Trump Media Technology Symbol Change	Pair Corr
0.79	SLE	Super League Enterprise Earnings Call This Week	Pair Corr
0.78	MNY	MoneyHero Limited Class	Pair Corr
0.68	DJTWW	Trump Media Technology Symbol Change	Pair Corr
0.59	OB	Outbrain	Pair Corr
0.35	RUM	Rumble Inc	Pair Corr
0.81	GITS	Global Interactive Symbol Change	Pair Corr
0.74	GOOG	Alphabet Class C	Pair Corr
0.66	YELP	Yelp Inc	Pair Corr
0.66	BZFDW	BuzzFeed	Pair Corr
0.64	NRDS	Nerdwallet Potential Growth	Pair Corr
0.51	NAMI	Jinxin Technology Holding	Pair Corr
0.48	MNYWW	MoneyHero Limited	Pair Corr
0.4	LCFY	Locafy Upward Rally	Pair Corr
0.33	GETY	Getty Images Holdings	Pair Corr
0.32	KIND	Nextdoor Holdings	Pair Corr

Related Correlations Analysis

	UPXI	CMCM	SCOR	LOV	LTRPB	PGRU	EVER	TTGT	SABOF	OB
UPXI		0.14	0.47	0.0	0.0	0.0	-0.78	0.88	-0.62	0.77	UPXI
CMCM	0.14		0.22	0.0	0.0	0.0	0.18	-0.04	0.41	0.01	CMCM
SCOR	0.47	0.22		0.0	0.0	0.0	-0.28	0.34	-0.41	0.43	SCOR
LOV	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	LOV
LTRPB	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	LTRPB
PGRU	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	PGRU
EVER	-0.78	0.18	-0.28	0.0	0.0	0.0		-0.83	0.75	-0.8	EVER
TTGT	0.88	-0.04	0.34	0.0	0.0	0.0	-0.83		-0.77	0.77	TTGT
SABOF	-0.62	0.41	-0.41	0.0	0.0	0.0	0.75	-0.77		-0.63	SABOF
OB	0.77	0.01	0.43	0.0	0.0	0.0	-0.8	0.77	-0.63		OB
	UPXI	CMCM	SCOR	LOV	LTRPB	PGRU	EVER	TTGT	SABOF	OB

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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

TTGT	+ 0.88	UPXI
OB	+ 0.77	UPXI
OB	+ 0.77	TTGT
SABOF	+ 0.75	EVER
SCOR	+ 0.47	UPXI
OB	+ 0.43	SCOR

High negative correlations

TTGT	- 0.83	EVER
OB	- 0.8	EVER
EVER	- 0.78	UPXI
SABOF	- 0.77	TTGT
OB	- 0.63	SABOF
SABOF	- 0.62	UPXI

Risk-Adjusted Indicators

There is a big difference between Trivago Stock performing well and Trivago NV 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 Trivago NV'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
UPXI	5.26	(0.67)	0.00	(0.66)	0.00	0.00	10.04	(10.43)	42.77
CMCM	3.84	0.06	0.00	(0.07)	0.00	0.00	9.21	(6.77)	24.01
SCOR	3.89	(0.01)	0.00	(0.10)	0.00	0.00	9.17	(7.38)	38.22
LOV	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LTRPB	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PGRU	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EVER	3.08	0.82	0.27	0.31	2.33	(3.96)	7.67	(4.29)	32.47
TTGT	2.34	(0.61)	0.00	(0.85)	0.00	0.00	3.51	(5.22)	14.70
SABOF	2.72	0.45	0.07	(0.97)	3.07	(9.47)	9.09	(7.89)	34.38
OB	2.88	(0.62)	0.00	(0.83)	0.00	0.00	7.46	(6.91)	22.88

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