Deutsche Brse Correlations

Stocks . Germany . 
Stock . Deutsche Brse AG
DB1 Stock   222.90  0.40  0.18%   
The current 90-days correlation between Deutsche Brse AG and Datadog is 0.06 (i.e., Significant diversification). The correlation of Deutsche Brse 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 Brse Correlation With Market

Good diversification

The correlation between Deutsche Brse AG and DJI is -0.14 (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.
  
The ability to find closely correlated positions to Deutsche Brse 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 Brse 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 Brse - 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

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  0.62C67 Cboe Global MarketsPairCorr
  0.68AUX1 ASX LTD UNSPONSADRPairCorr
  0.74SOUU SINGAPORE EXUNSPADR15 SplitPairCorr
  0.76WMT WalmartPairCorr
  0.76WMT WalmartPairCorr
  0.66AMZ Amazon IncPairCorr
  0.65AMZ Amazon IncPairCorr
  0.65CSA Accenture plc Earnings Call TomorrowPairCorr
  0.81SAP SAP SEPairCorr
  0.7ACT AlzChem Group AGPairCorr
  0.72ACT AlzChem Group AGPairCorr
  0.9E6Q GOLD ROAD RESPairCorr
  0.73BN9 The BankPairCorr
  0.627SU Summit MaterialsPairCorr
  0.74UF2 Sunstone Hotel InvestorsPairCorr
  0.79E908 Lyxor 1PairCorr
  0.73DBPE Xtrackers LevDAXPairCorr

Moving against Deutsche Stock

  0.53VOW Volkswagen AGPairCorr
  0.5VOWB VOLKSWAGEN AG VZPairCorr
  0.48VOW3 Volkswagen AG VZOPairCorr
  0.47VOW3 Volkswagen AGPairCorr
  0.82DBPD Xtrackers ShortDAXPairCorr

Related Correlations Analysis

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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   
3QD
+ 0.82
6PU
2H4
+ 0.78
6PU
2H4
+ 0.66
3QD
2H4
+ 0.56
MLT
YE42
+ 0.56
PSMA
YE42
+ 0.55
06L
  
High negative correlations   
YE42
- 0.87
3QD
YE42
- 0.77
6PU
YE42
- 0.74
2H4
PSMA
- 0.62
20Y
06L
- 0.57
3QD
PSMA
- 0.55
3QD

Risk-Adjusted Indicators

There is a big difference between Deutsche Stock performing well and Deutsche Brse 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 Brse'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Deutsche Brse 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.

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Deutsche Brse Corporate Management

Elected by the shareholders, the Deutsche Brse's board of directors comprises two types of representatives: Deutsche Brse 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 Brse's management team and ensure that shareholders' interests are well served. Deutsche Brse'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 Brse's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard GreenInterim OfficerProfile
Gudrun FeiertagHead FunctionalityProfile
Theodor WeimerCEO BoardProfile
Gregor PottmeyerCFO BoardProfile
Stephan LeithnerMD BoardProfile
Heike EckertDirector BoardProfile
Jan StreckerHead RelationsProfile
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