Deutsche Telekom Correlations

Summary

DTEGYDelisted Stock

USD 21.93 0.06 0.27%

The current 90-days correlation between Deutsche Telekom and KDDI Corp PK is 0.01 (i.e., Significant 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Deutsche Telekom Correlation With Market

Good diversification

The correlation between Deutsche Telekom AG and DJI is -0.18 (i.e., Good 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.

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 OTC Stock

0.66	CHT	Chunghwa Telecom	Pair Corr
0.61	IHS	IHS Holding	Pair Corr
0.67	RCI	Rogers Communications	Pair Corr
0.62	SKM	SK Telecom	Pair Corr
0.81	TKC	Turkcell Iletisim	Pair Corr
0.63	UCL	Ucloudlink Group	Pair Corr
0.69	TIAIY	Telecom Italia SpA	Pair Corr
0.66	KORE	KORE Group Holdings	Pair Corr

Moving against Deutsche OTC Stock

0.79	IDT	IDT Corporation Earnings Call This Week	Pair Corr
0.66	VEON	VEON	Pair Corr
0.54	TV	Grupo Televisa SAB	Pair Corr
0.51	FYBR	Frontier Communications	Pair Corr
0.49	KT	KT Corporation	Pair Corr
0.61	IDCC	InterDigital	Pair Corr
0.57	USM	United States Cellular	Pair Corr
0.53	TDS	Telephone and Data	Pair Corr
0.39	TEO	Telecom Argentina	Pair Corr
0.7	CMCSA	Comcast Corp Sell-off Trend	Pair Corr
0.68	IRDM	Iridium Communications	Pair Corr
0.67	OOMA	Ooma Inc	Pair Corr
0.58	TDS-PU	Telephone and Data	Pair Corr

Related Correlations Analysis

	KDDIY	NPPXF	SFTBF	KT	TELNF	TLSNY	MTNOY	PTXKY	VDMCY	TEF
KDDIY		0.59	-0.46	-0.4	0.18	0.49	0.44	0.54	0.42	0.1	KDDIY
NPPXF	0.59		-0.25	-0.38	0.35	0.48	0.53	0.5	0.46	0.46	NPPXF
SFTBF	-0.46	-0.25		0.28	0.18	-0.01	0.13	-0.05	0.06	0.18	SFTBF
KT	-0.4	-0.38	0.28		-0.23	-0.13	-0.26	-0.45	-0.26	-0.07	KT
TELNF	0.18	0.35	0.18	-0.23		0.53	0.31	0.37	0.28	0.33	TELNF
TLSNY	0.49	0.48	-0.01	-0.13	0.53		0.47	0.49	0.47	0.23	TLSNY
MTNOY	0.44	0.53	0.13	-0.26	0.31	0.47		0.67	0.92	0.7	MTNOY
PTXKY	0.54	0.5	-0.05	-0.45	0.37	0.49	0.67		0.68	0.49	PTXKY
VDMCY	0.42	0.46	0.06	-0.26	0.28	0.47	0.92	0.68		0.65	VDMCY
TEF	0.1	0.46	0.18	-0.07	0.33	0.23	0.7	0.49	0.65		TEF
	KDDIY	NPPXF	SFTBF	KT	TELNF	TLSNY	MTNOY	PTXKY	VDMCY	TEF

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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

VDMCY	+ 0.92	MTNOY
TEF	+ 0.7	MTNOY
VDMCY	+ 0.68	PTXKY
PTXKY	+ 0.67	MTNOY
TEF	+ 0.65	VDMCY
NPPXF	+ 0.59	KDDIY

High negative correlations

SFTBF	- 0.46	KDDIY
PTXKY	- 0.45	KT
KT	- 0.4	KDDIY
KT	- 0.38	NPPXF
VDMCY	- 0.26	KT
MTNOY	- 0.26	KT

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
KDDIY	0.85	(0.03)	0.00	(0.28)	0.00	0.00	1.70	(1.97)	5.62
NPPXF	3.76	0.22	0.01	(0.40)	4.58	(4.45)	7.53	(10.43)	29.09
SFTBF	2.30	(0.03)	0.00	0.23	0.00	0.00	5.57	(5.29)	14.86
KT	1.23	0.16	0.05	0.47	1.62	(1.37)	3.58	(2.09)	11.99
TELNF	1.09	0.04	(0.03)	(0.42)	1.59	(3.32)	3.84	(4.22)	10.83
TLSNY	1.22	(0.11)	0.00	2.04	0.00	0.00	2.04	(3.19)	7.17
MTNOY	1.84	(0.19)	0.00	(5.13)	0.00	0.00	3.99	(4.23)	12.40
PTXKY	3.23	0.08	0.00	0.05	0.00	0.00	7.88	(6.92)	19.82
VDMCY	1.62	(0.14)	0.00	1.19	0.00	0.00	3.28	(3.68)	9.90
TEF	0.81	0.03	0.00	0.04	0.00	0.00	2.12	(1.77)	6.16

View Deutsche Telekom Related Equities

KDDI Corp PK Nippon Telegraph Telephone Softbank Group Corp KT Corporation Telenor ASA Telia Company AB MTN Group Ltd XL Axiata Tbk Vodacom Group Ltd Telefonica SA ADR Telefonica Brasil SA America Movil SAB SK Telecom Co Vodafone Group PLC BCE Inc

Risk & Return

Correlation

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 of the Management Board, Responsible for USA and Group Development	Profile
Yvette Leroy	Member BoardEurope	Profile
Srinivasan Gopalan	Member of the Management Board, Responsible for Europe	Profile
Peter Leukert	Group Officer	Profile
Claudia Nemat	Member of the Management Board, Responsible for Europe and Technology	Profile
Timotheus Hottges	CEO Board	Profile

Still Interested in Deutsche Telekom AG?

Investing in delisted otcs can be risky, as the otc stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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