Deutsche Telekom Related Correlations

DTEGF Stock

USD 22.33 0.31 1.37%

Generate correlation matrix for Deutsche Telekom and other related equities to check the degree to which Deutsche Telekom AG price movement is correlated to its related entities. Use comma (,) to separate each symbol. If not specified, the peers will be provided automatically based on Macroaxis sector classification standards for Deutsche Telekom AG. To filter out specific equities, please toggle its corresponding legend item. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deutsche Telekom AG. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in price.

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Please note, there is a significant difference between Deutsche Telekom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Deutsche Telekom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deutsche Telekom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Correlations

	RDCM	FNGR	KORE	CNSL	TV	ORAN	VIV	TEF	LBRDA	IDCC
RDCM		-0.48	-0.54	-0.67	0.25	-0.44	0.1	0.36	-0.53	-0.01	RDCM
FNGR	-0.48		-0.16	0.02	0.14	-0.25	-0.25	0.01	-0.24	-0.33	FNGR
KORE	-0.54	-0.16		0.62	-0.26	0.56	0.37	-0.6	0.7	0.55	KORE
CNSL	-0.67	0.02	0.62		-0.3	0.72	0.06	-0.22	0.71	0.21	CNSL
TV	0.25	0.14	-0.26	-0.3		-0.2	0.13	-0.07	-0.28	0.05	TV
ORAN	-0.44	-0.25	0.56	0.72	-0.2		0.2	-0.05	0.88	0.38	ORAN
VIV	0.1	-0.25	0.37	0.06	0.13	0.2		-0.57	0.24	0.61	VIV
TEF	0.36	0.01	-0.6	-0.22	-0.07	-0.05	-0.57		-0.29	-0.43	TEF
LBRDA	-0.53	-0.24	0.7	0.71	-0.28	0.88	0.24	-0.29		0.45	LBRDA
IDCC	-0.01	-0.33	0.55	0.21	0.05	0.38	0.61	-0.43	0.45		IDCC
	RDCM	FNGR	KORE	CNSL	TV	ORAN	VIV	TEF	LBRDA	IDCC

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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

LBRDA	+ 0.88	ORAN
ORAN	+ 0.72	CNSL
LBRDA	+ 0.71	CNSL
LBRDA	+ 0.7	KORE
CNSL	+ 0.62	KORE
IDCC	+ 0.61	VIV

High negative correlations

CNSL	- 0.67	RDCM
TEF	- 0.6	KORE
TEF	- 0.57	VIV
KORE	- 0.54	RDCM
LBRDA	- 0.53	RDCM
FNGR	- 0.48	RDCM

Risk-Adjusted Indicators

There is a big difference between Deutsche OTC Stock performing well and Deutsche Telekom OTC Stock 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
RDCM	2.61	0.22	0.07	0.25	3.18	(2.76)	5.45	(5.39)	19.64
FNGR	4.35	0.12	0.04	0.11	4.77	(4.76)	9.56	(7.00)	26.45
KORE	4.81	(0.28)	0.00	(0.17)	0.00	0.00	10.00	(9.41)	41.80
CNSL	0.38	(0.13)	0.00	(0.67)	0.00	0.00	0.70	(0.70)	4.16
TV	2.29	0.13	0.04	0.21	3.06	(2.49)	5.40	(4.11)	21.27
ORAN	0.61	(0.11)	0.00	(0.53)	0.00	0.00	1.52	(1.45)	4.80
VIV	1.17	(0.11)	0.00	0.66	0.00	0.00	2.32	(2.28)	6.99
TEF	0.75	0.00	(0.03)	0.06	0.79	(1.00)	1.47	(1.64)	4.23
LBRDA	1.81	(0.73)	0.00	(0.44)	0.00	0.00	2.78	(4.16)	20.87
IDCC	1.12	(0.19)	0.00	(0.07)	0.00	0.00	1.74	(1.73)	19.57

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Deutsche Telekom Related Correlations

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