TeamViewer Correlations
| TMVWY Stock | USD 3.40 0.07 2.10% |
The current 90-days correlation between TeamViewer AG and Kainos Group plc is 0.02 (i.e., Significant diversification). The correlation of TeamViewer 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.
TeamViewer Correlation With Market
Good diversification
The correlation between TeamViewer AG and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TeamViewer AG and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to TeamViewer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TeamViewer 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 TeamViewer - 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 TeamViewer AG to buy it.
Moving together with TeamViewer Pink Sheet
| 0.85 | SAP | SAP SE ADR | PairCorr |
| 0.68 | UBER | Uber Technologies | PairCorr |
| 0.73 | NOW | ServiceNow | PairCorr |
| 0.85 | SAPGF | SAP SE | PairCorr |
| 0.67 | CDNS | Cadence Design Systems | PairCorr |
| 0.62 | PTAIF | PT Astra International | PairCorr |
Moving against TeamViewer Pink Sheet
| 0.93 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.88 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.79 | PBCRY | Bank Central Asia | PairCorr |
| 0.58 | PBCRF | PT Bank Central | PairCorr |
| 0.48 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.32 | TLKMF | Telkom Indonesia Tbk | PairCorr |
| 0.87 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.84 | APGE | Apogee Therapeutics, | PairCorr |
| 0.82 | KYOCF | Kyocera | PairCorr |
| 0.67 | 68233JBP8 | US68233JBP84 | PairCorr |
| 0.62 | KODK | Eastman Kodak | PairCorr |
| 0.54 | PII | Polaris Industries | PairCorr |
| 0.53 | IDN | Intellicheck Mobilisa | PairCorr |
| 0.87 | CSCO | Cisco Systems | PairCorr |
| 0.84 | RLMD | Relmada Therapeutics | PairCorr |
| 0.79 | EOLS | Evolus Inc | PairCorr |
| 0.76 | CM | Canadian Imperial Bank | PairCorr |
Related Correlations Analysis
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 TeamViewer Pink Sheet performing well and TeamViewer 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 TeamViewer'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| KNNNF | 1.69 | 0.93 | 0.00 | (1.18) | 0.00 | 0.00 | 54.21 | |||
| IPEU | 5.52 | 2.08 | 0.00 | 0.43 | 0.00 | 0.00 | 158.33 | |||
| ABXXF | 3.30 | 0.83 | 0.27 | 0.69 | 2.70 | 10.08 | 29.32 | |||
| SFDMY | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| BVSFF | 2.15 | 1.13 | 0.00 | 12.97 | 0.00 | 0.87 | 66.38 | |||
| SNCPF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| EGHSF | 1.13 | (0.09) | 0.00 | (0.08) | 0.00 | 1.85 | 6.96 | |||
| MYBUF | 2,198 | 1,190 | 0.00 | (1.36) | 0.00 | 0.00 | 50,000 | |||
| JPAVF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| UBSFF | 3.53 | (0.76) | 0.00 | (0.25) | 0.00 | 10.71 | 32.91 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in TeamViewer 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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ETF CategoriesList of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
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TeamViewer Corporate Management
| Peter Turner | Chief Board | Profile | |
| Georg Beyschlag | Exec Devel | Profile | |
| Michael Wilkens | CFO Director | Profile | |
| Martina Dier | Director Communications | Profile | |
| Alfredo Patron | Exec Devel | Profile | |
| Oliver Steil | Chairman CEO | Profile | |
| Mike Eissele | Chief Officer | Profile |