Temenos Group Correlations
| TEMN Stock | CHF 66.25 0.45 0.68% |
The correlation of Temenos Group 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.
Temenos Group Correlation With Market
Good diversification
The correlation between Temenos Group AG and DJI is -0.06 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Temenos Group AG and DJI in the same portfolio, assuming nothing else is changed.
Temenos |
The ability to find closely correlated positions to Temenos Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Temenos Group 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 Temenos Group - 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 Temenos Group AG to buy it.
Moving together with Temenos Stock
Related Correlations Analysis
| 0.56 | 0.49 | 0.34 | 0.57 | LOGN | ||
| 0.56 | 0.33 | 0.86 | 0.29 | STMN | ||
| 0.49 | 0.33 | 0.44 | 0.09 | GEBN | ||
| 0.34 | 0.86 | 0.44 | 0.05 | VACN | ||
| 0.57 | 0.29 | 0.09 | 0.05 | PGHN | ||
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Risk-Adjusted Indicators
There is a big difference between Temenos Stock performing well and Temenos Group 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 Temenos Group'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LOGN | 1.23 | 0.05 | 0.00 | 0.20 | 1.94 | 2.79 | 9.40 | |||
| STMN | 1.42 | (0.03) | 0.00 | 0.23 | 0.00 | 2.76 | 12.01 | |||
| GEBN | 0.87 | (0.03) | 0.00 | (0.07) | 0.00 | 2.05 | 7.48 | |||
| VACN | 1.42 | (0.26) | 0.00 | (7.41) | 0.00 | 2.36 | 13.29 | |||
| PGHN | 0.95 | 0.07 | 0.00 | 0.43 | 1.12 | 2.30 | 6.77 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Temenos Group 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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Temenos Group Corporate Management
Elected by the shareholders, the Temenos Group's board of directors comprises two types of representatives: Temenos Group inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Temenos. The board's role is to monitor Temenos Group's management team and ensure that shareholders' interests are well served. Temenos Group'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, Temenos Group's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Max Chuard | Chief Officer | Profile | |
| JeanPaul Mergeai | Pres Board | Profile | |
| Panagiotis CEFA | Chief Officer | Profile | |
| Deirdre DempseyLeclercq | Chief Board | Profile | |
| Kanika Hope | Chief Board | Profile | |
| Kalliopi Chioti | Environmental, Marketing | Profile | |
| Colin Jarrett | Chief Officer | Profile |