Teradata Corp Correlations

Teradata Corp Correlation With Market

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teradata Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Teradata Stock refer to our How to Trade Teradata Stock guide.

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 ODD + 0.79 PAYO ODD + 0.78 PGY ODD + 0.75 EVTC PLUS + 0.73 CSGS EVCM + 0.7 CXM PGY + 0.67 PAYO

High negative correlations ODD - 0.86 CSGS PLUS - 0.77 PGY PGY - 0.77 CSGS EVTC - 0.76 CSGS ODD - 0.69 PLUS CSGS - 0.68 PAYO

Risk-Adjusted Indicators

There is a big difference between Teradata Stock performing well and Teradata Corp 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 Teradata Corp'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.