| TCTM Stock | | | 0.83 0.02 2.47% |
The current 90-days correlation between Tarena International and American Public Education is 0.09 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tarena International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tarena International moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Tarena International Correlation With Market
Significant diversification
The correlation between Tarena International and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tarena International and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Tarena Stock
Moving against Tarena Stock
Related Correlations Analysis
Risk-Adjusted IndicatorsThere is a big difference between Tarena Stock performing well and Tarena International 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 Tarena International'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.
Tarena International Corporate Executives
Elected by the shareholders, the Tarena International's board of directors comprises two types of representatives: Tarena International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tarena. The board's role is to monitor Tarena International's management team and ensure that shareholders' interests are well served. Tarena International'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, Tarena International's outside directors are responsible for providing unbiased perspectives on the board's policies.