TTEC Holdings Correlations

TTEC Stock

USD 3.78 0.03 0.80%

The current 90-days correlation between TTEC Holdings and ExlService Holdings is 0.18 (i.e., Average diversification). The correlation of TTEC Holdings 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.

TTEC Holdings Correlation With Market

Average diversification

The correlation between TTEC Holdings and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TTEC Holdings 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 TTEC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For information on how to trade TTEC Stock refer to our How to Trade TTEC Stock guide.

Moving together with TTEC Stock

0.82	HSON	Hudson Global	Pair Corr
0.63	CMPR	Cimpress NV Downward Rally	Pair Corr
0.68	BW	Babcock Wilcox Enter	Pair Corr

Moving against TTEC Stock

0.72	PYCR	Paycor HCM Sell-off Trend	Pair Corr
0.71	B	Barnes Group	Pair Corr
0.65	AP	Ampco Pittsburgh	Pair Corr
0.45	G	Genpact Limited Earnings Call Tomorrow	Pair Corr
0.41	AZ	A2Z Smart Technologies Tech Boost	Pair Corr
0.35	BR	Broadridge Financial	Pair Corr
0.33	CSGS	CSG Systems International Earnings Call This Week	Pair Corr
0.31	HSII	Heidrick Struggles	Pair Corr
0.72	RR	Richtech Robotics Class	Pair Corr
0.54	GE	GE Aerospace	Pair Corr
0.52	PL	Planet Labs PBC Buyout Trend	Pair Corr
0.49	BA	Boeing	Pair Corr
0.46	LZ	LegalZoom	Pair Corr
0.39	HI	Hillenbrand Earnings Call Tomorrow	Pair Corr
0.32	DE	Deere Company	Pair Corr

Related Correlations Analysis

	EXLS	G	ASGN	TWKS	SAIC	CLVT	WNS	SRT	CNXC
EXLS		0.89	0.08	0.64	-0.49	-0.37	0.6	-0.35	0.62	EXLS
G	0.89		-0.01	0.51	-0.47	-0.47	0.58	-0.29	0.43	G
ASGN	0.08	-0.01		-0.5	0.72	0.22	0.48	0.5	0.2	ASGN
TWKS	0.64	0.51	-0.5		-0.85	-0.24	0.1	-0.55	0.62	TWKS
SAIC	-0.49	-0.47	0.72	-0.85		0.27	-0.01	0.64	-0.39	SAIC
CLVT	-0.37	-0.47	0.22	-0.24	0.27		0.04	0.32	0.22	CLVT
WNS	0.6	0.58	0.48	0.1	-0.01	0.04		0.27	0.52	WNS
SRT	-0.35	-0.29	0.5	-0.55	0.64	0.32	0.27		-0.14	SRT
CNXC	0.62	0.43	0.2	0.62	-0.39	0.22	0.52	-0.14		CNXC
	EXLS	G	ASGN	TWKS	SAIC	CLVT	WNS	SRT	CNXC

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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

G	+ 0.89	EXLS
SAIC	+ 0.72	ASGN
TWKS	+ 0.64	EXLS
SRT	+ 0.64	SAIC
CNXC	+ 0.62	EXLS
CNXC	+ 0.62	TWKS

High negative correlations

SAIC	- 0.85	TWKS
SRT	- 0.55	TWKS
TWKS	- 0.5	ASGN
SAIC	- 0.49	EXLS
CLVT	- 0.47	G
SAIC	- 0.47	G

Risk-Adjusted Indicators

There is a big difference between TTEC Stock performing well and TTEC Holdings 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 TTEC Holdings' 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
EXLS	1.12	0.37	0.31	0.73	0.63	(1.35)	2.88	(1.60)	9.94
G	1.08	0.33	0.30	0.57	0.67	(1.36)	2.72	(1.77)	12.64
ASGN	1.44	(0.11)	0.00	(0.10)	0.00	0.00	2.64	(3.78)	13.44
TWKS	0.28	0.05	(0.05)	(0.63)	0.24	(0.40)	0.68	(0.46)	2.49
SAIC	1.48	(0.43)	0.00	(0.87)	0.00	0.00	2.42	(3.47)	16.97
CLVT	2.34	(0.20)	0.00	(0.30)	0.00	0.00	5.41	(3.78)	29.33
WNS	1.91	0.36	0.15	0.37	2.14	(2.08)	5.39	(3.44)	23.95
SRT	2.80	(0.07)	0.00	(0.11)	0.00	0.00	7.87	(6.21)	17.09
CNXC	2.11	0.20	0.09	0.26	2.10	(2.59)	6.38	(3.77)	16.37

TTEC Holdings Corporate Management

Regina Paolillo	Chief Admin. and Financial Officer and Executive VP	Profile
Laura Butler	Chief Officer	Profile
Margaret JD	General Officer	Profile
Chris Brown	Chief Staff	Profile
John Everson	Chief Officer	Profile
Jason Zawatski	Chief Engage	Profile

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