United Internet Correlations
| UTDI Stock | EUR 15.64 0.02 0.13% |
The current 90-days correlation between United Internet AG and T Mobile is -0.12 (i.e., Good diversification). The correlation of United Internet 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.
United Internet Correlation With Market
Average diversification
The correlation between United Internet AG and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding United Internet AG and DJI in the same portfolio, assuming nothing else is changed.
United |
The ability to find closely correlated positions to United Internet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Internet 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 United Internet - 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 United Internet AG to buy it.
Moving together with United Stock
Moving against United Stock
| 0.88 | XTP | Sino AG | PairCorr |
| 0.78 | SOBA | ATT Inc | PairCorr |
| 0.78 | 74F | LIFE BANC SPLIT | PairCorr |
| 0.74 | SOBA | ATT Inc | PairCorr |
| 0.72 | TM5 | T Mobile | PairCorr |
| 0.71 | NLV | Nippon Telegraph | PairCorr |
| 0.69 | DTE | Deutsche Telekom | PairCorr |
| 0.69 | DTE | Deutsche Telekom | PairCorr |
| 0.63 | DTEA | Deutsche Telekom | PairCorr |
| 0.62 | BAC | Verizon Communications | PairCorr |
| 0.52 | NTT | Nippon Telegraph | PairCorr |
| 0.48 | U9O0 | OAKRIDGE INTERNATIONAL | PairCorr |
Related Correlations Analysis
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Be your own money manager
Our tools can tell you how much better you can do entering a position in United Internet 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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United Internet Corporate Management
Elected by the shareholders, the United Internet's board of directors comprises two types of representatives: United Internet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of United. The board's role is to monitor United Internet's management team and ensure that shareholders' interests are well served. United Internet'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, United Internet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Martin Mildner | Group Board | Profile | |
| Stephan Gramkow | Investor Relations Contact Officer | Profile | |
| Dominic Grossman | Investor Mang | Profile | |
| Marcus Schaps | Head PR | Profile |