Delivery Hero Correlations
| DHER Stock | EUR 37.80 0.52 1.36% |
The current 90-days correlation between Delivery Hero SE and American Homes 4 is 0.14 (i.e., Average diversification). The correlation of Delivery Hero 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.
Delivery Hero Correlation With Market
Average diversification
The correlation between Delivery Hero SE and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Delivery Hero SE and DJI in the same portfolio, assuming nothing else is changed.
Delivery |
The ability to find closely correlated positions to Delivery Hero could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Delivery Hero 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 Delivery Hero - 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 Delivery Hero SE to buy it.
Moving together with Delivery Stock
| 0.66 | ABEA | Alphabet Class A | PairCorr |
| 0.65 | ABEA | Alphabet Class A | PairCorr |
| 0.66 | ABEC | Alphabet | PairCorr |
| 0.92 | FB2A | Meta Platforms | PairCorr |
| 0.83 | NNN1 | Tencent Holdings | PairCorr |
| 0.91 | FB2A | Meta Platforms | PairCorr |
| 0.84 | NNND | Tencent Holdings | PairCorr |
| 0.91 | 1YL | PROSUS NV ADR Earnings Call This Week | PairCorr |
| 0.92 | 1TY | Prosus NV Earnings Call This Week | PairCorr |
| 0.86 | 6Z1 | AIRBNB INC DL | PairCorr |
| 0.78 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Delivery Stock
| 0.84 | SSU | Samsung Electronics | PairCorr |
| 0.83 | SSU | Samsung Electronics | PairCorr |
| 0.81 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.8 | SSUN | Samsung Electronics | PairCorr |
| 0.79 | SSUN | Samsung Electronics | PairCorr |
| 0.63 | BYRA | PT Bank Rakyat | PairCorr |
| 0.61 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.46 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.4 | PQ9 | PT Bank Mandiri | 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 Delivery Stock performing well and Delivery Hero 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 Delivery Hero'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| A4XA | 1.61 | 0.11 | (0.01) | (1.73) | 1.72 | 3.60 | 9.43 | |||
| 1QK | 1.34 | 0.03 | (0.01) | 0.18 | 1.76 | 3.45 | 9.07 | |||
| TC7 | 1.14 | 0.67 | 0.00 | (0.64) | 0.00 | 0.00 | 38.10 | |||
| UEO | 1.10 | (0.27) | 0.00 | (0.07) | 0.00 | 1.68 | 7.35 | |||
| T86 | 1.33 | (0.02) | (0.07) | 0.00 | 1.60 | 3.03 | 10.01 | |||
| GCB | 2.14 | 0.18 | (0.01) | (0.10) | 2.43 | 5.00 | 16.35 | |||
| H1Q | 2.13 | 0.33 | 0.03 | (1.83) | 2.38 | 8.00 | 16.70 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Delivery Hero 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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Delivery Hero Corporate Management
Elected by the shareholders, the Delivery Hero's board of directors comprises two types of representatives: Delivery Hero inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Delivery. The board's role is to monitor Delivery Hero's management team and ensure that shareholders' interests are well served. Delivery Hero'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, Delivery Hero's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christoph Bast | Head Relations | Profile | |
| Christian Hardenberg | Chief Officer | Profile | |
| Bodo Braunmhl | Head Communications | Profile | |
| Ana Mitrasevic | VP People | Profile | |
| Julia Stoetzel | Director Relations | Profile | |
| Jose Calderon | Chief Domicilios | Profile |