Trivago NV Correlations

TRVG Stock

USD 2.67 0.12 4.71%

The current 90-days correlation between Trivago NV and Cheetah Mobile is 0.1 (i.e., Average diversification). The correlation of Trivago NV 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.

Trivago NV Correlation With Market

Weak diversification

The correlation between Trivago NV and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trivago NV and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trivago NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more detail on how to invest in Trivago Stock please use our How to Invest in Trivago NV guide.

Moving together with Trivago Stock

0.84	OB	Outbrain	Pair Corr
0.66	WB	Weibo Corp	Pair Corr
0.89	YY	YY Inc Class	Pair Corr
0.68	DOYU	DouYu International Trending	Pair Corr
0.86	WBTN	WEBTOON Entertainment	Pair Corr
0.61	GENI	Genius Sports	Pair Corr
0.74	GOOG	Alphabet Class C Earnings Call This Week	Pair Corr
0.88	YELP	Yelp Inc	Pair Corr
0.75	LCFY	Locafy	Pair Corr
0.83	META	Meta Platforms Earnings Call This Week	Pair Corr

Moving against Trivago Stock

0.76	IAC	IAC Inc	Pair Corr
0.66	FENG	Phoenix New Media	Pair Corr
0.66	MAX	MediaAlpha Potential Growth	Pair Corr
0.8	IZEA	IZEA Inc	Pair Corr
0.79	GROM	Grom Social Enterprises	Pair Corr
0.74	SLE	Super League Enterprise	Pair Corr
0.73	GETY	Getty Images Holdings	Pair Corr
0.65	GIFT	RDE, Inc Symbol Change	Pair Corr
0.6	KRKR	36Kr Holdings	Pair Corr
0.52	TEM	Tempus AI, Class Trending	Pair Corr
0.4	ZDGE	Zedge Inc	Pair Corr
0.89	RIME	Algorhythm Holdings, Symbol Change	Pair Corr
0.43	MTCH	Match Group Earnings Call This Week	Pair Corr

Related Correlations Analysis

	UPXI	CMCM	SCOR	LOV	LTRPB	PGRU	EVER	TTGT	SABOF	OB
UPXI		0.11	-0.2	0.54	-0.43	-0.37	-0.27	0.43	-0.16	-0.44	UPXI
CMCM	0.11		0.52	0.21	0.15	0.07	-0.05	-0.11	-0.01	0.38	CMCM
SCOR	-0.2	0.52		0.3	-0.09	0.05	0.06	0.19	0.52	0.13	SCOR
LOV	0.54	0.21	0.3		-0.79	-0.7	-0.08	0.84	0.1	-0.67	LOV
LTRPB	-0.43	0.15	-0.09	-0.79		0.62	-0.01	-0.91	-0.08	0.92	LTRPB
PGRU	-0.37	0.07	0.05	-0.7	0.62		-0.07	-0.67	0.17	0.61	PGRU
EVER	-0.27	-0.05	0.06	-0.08	-0.01	-0.07		0.17	0.0	-0.01	EVER
TTGT	0.43	-0.11	0.19	0.84	-0.91	-0.67	0.17		0.13	-0.84	TTGT
SABOF	-0.16	-0.01	0.52	0.1	-0.08	0.17	0.0	0.13		-0.11	SABOF
OB	-0.44	0.38	0.13	-0.67	0.92	0.61	-0.01	-0.84	-0.11		OB
	UPXI	CMCM	SCOR	LOV	LTRPB	PGRU	EVER	TTGT	SABOF	OB

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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

OB	+ 0.92	LTRPB
TTGT	+ 0.84	LOV
PGRU	+ 0.62	LTRPB
OB	+ 0.61	PGRU
LOV	+ 0.54	UPXI
SCOR	+ 0.52	CMCM

High negative correlations

TTGT	- 0.91	LTRPB
OB	- 0.84	TTGT
LTRPB	- 0.79	LOV
PGRU	- 0.7	LOV
TTGT	- 0.67	PGRU
OB	- 0.67	LOV

Risk-Adjusted Indicators

There is a big difference between Trivago Stock performing well and Trivago NV 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 Trivago NV'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
UPXI	10.67	1.96	0.23	1.19	7.76	(16.01)	27.04	(15.08)	188.65
CMCM	3.71	0.26	0.05	0.26	5.12	(4.01)	9.45	(7.44)	36.05
SCOR	3.77	0.02	0.00	(0.02)	4.06	(4.63)	5.15	(6.54)	49.01
LOV	6.72	(0.58)	0.00	0.39	0.00	0.00	21.74	(13.79)	76.62
LTRPB	4.35	1.09	0.17	(0.52)	3.84	(6.96)	13.41	(7.82)	54.13
PGRU	0.12	0.01	(0.06)	2.15	0.00	(0.19)	0.30	(0.15)	0.61
EVER	2.61	(0.11)	0.00	(0.27)	0.00	0.00	5.94	(4.42)	21.16
TTGT	2.73	(0.60)	0.00	165.89	0.00	0.00	4.81	(5.30)	26.35
SABOF	2.54	0.25	0.02	(0.54)	3.41	(12.23)	8.33	(7.69)	42.36
OB	2.47	0.54	0.21	1.87	2.16	(3.02)	7.66	(3.74)	15.86

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