Deutsche Telekom Correlations
| DTE Stock | EUR 30.15 0.18 0.60% |
The current 90-days correlation between Deutsche Telekom and ATT Inc is 0.17 (i.e., Average diversification). The correlation of Deutsche Telekom 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.
Deutsche Telekom Correlation With Market
Significant diversification
The correlation between Deutsche Telekom AG 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 Deutsche Telekom AG and DJI in the same portfolio, assuming nothing else is changed.
Deutsche |
The ability to find closely correlated positions to Deutsche Telekom 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 Telekom 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 Telekom - 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 Telekom AG to buy it.
Moving together with Deutsche Stock
| 0.96 | TM5 | T Mobile | PairCorr |
| 0.91 | SOBA | ATT Inc | PairCorr |
| 0.92 | SOBA | ATT Inc | PairCorr |
| 0.97 | DTEA | Deutsche Telekom | PairCorr |
| 1.0 | DTE | Deutsche Telekom | PairCorr |
| 0.9 | ADH2 | Air Canada | PairCorr |
| 0.79 | SIX2 | Sixt SE | PairCorr |
Moving against Deutsche Stock
| 0.72 | CXT | Carmat SA | PairCorr |
| 0.62 | MTO | METTLER TOLEDO INTL | PairCorr |
| 0.62 | MTO | METTLER TOLEDO INTL | PairCorr |
| 0.62 | MTO | Mitie Group PLC | PairCorr |
| 0.49 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.31 | NTT | Nippon Telegraph | 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 Deutsche Stock performing well and Deutsche Telekom 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 Telekom'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SOBA | 0.96 | 0.37 | 0.20 | (1.73) | 0.85 | 2.49 | 6.02 | |||
| DTE | 0.66 | 0.23 | 0.13 | 4.14 | 0.65 | 1.52 | 4.30 | |||
| 8SP | 2.07 | (0.11) | 0.00 | 0.59 | 0.00 | 3.36 | 20.22 | |||
| 6NM | 1.25 | 0.02 | (0.01) | 0.14 | 1.73 | 2.89 | 9.64 | |||
| 39O1 | 3.53 | 0.06 | (0.01) | 0.49 | 3.52 | 8.41 | 24.06 | |||
| 2DG | 4.16 | (1.39) | 0.00 | (0.70) | 0.00 | 7.14 | 52.42 | |||
| TM9 | 2.82 | 0.01 | 0.00 | 0.09 | 0.00 | 5.56 | 36.50 | |||
| TLX | 0.96 | (0.05) | (0.09) | 0.01 | 1.14 | 2.67 | 7.58 | |||
| INVN | 2.13 | 0.15 | 0.06 | 0.26 | 2.41 | 5.61 | 14.01 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Deutsche Telekom 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?
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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
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Deutsche Telekom Corporate Management
Elected by the shareholders, the Deutsche Telekom's board of directors comprises two types of representatives: Deutsche Telekom 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 Telekom's management team and ensure that shareholders' interests are well served. Deutsche Telekom'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 Telekom's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thorsten Langheim | Member USA | Profile | |
| Yvette Leroy | Member BoardEurope | Profile | |
| Srinivasan Gopalan | Management GmbH | Profile | |
| Peter Leukert | Group Officer | Profile | |
| Timotheus Hottges | CEO Board | Profile | |
| Claudia Nemat | Member Innovation | Profile | |
| Christian Illek | CFO Board | Profile |