Zalando SE Correlations
| ZAL Stock | EUR 28.60 0.68 2.32% |
The current 90-days correlation between Zalando SE and URBAN OUTFITTERS is 0.41 (i.e., Very weak diversification). The correlation of Zalando SE 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.
Zalando SE Correlation With Market
Average diversification
The correlation between Zalando SE and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Zalando SE and DJI in the same portfolio, assuming nothing else is changed.
Zalando |
The ability to find closely correlated positions to Zalando SE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Zalando SE 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 Zalando SE - 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 Zalando SE to buy it.
Moving together with Zalando Stock
| 0.8 | AHLA | Alibaba Group Holdings | PairCorr |
| 0.79 | 9MDA | MEITUAN UNSPADR2B | PairCorr |
| 0.79 | 9PDA | Pinduoduo | PairCorr |
| 0.81 | 9MD | Meituan | PairCorr |
| 0.86 | 013C | JD Inc | PairCorr |
| 0.86 | 013A | JD Inc Adr | PairCorr |
| 0.76 | 788 | Coupang | PairCorr |
| 0.79 | EBA | eBay Inc | PairCorr |
| 0.62 | BAC | Verizon Communications | PairCorr |
| 0.8 | BY6A | BYD Limited | PairCorr |
| 0.61 | AD2 | Air China Limited | PairCorr |
| 0.79 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Zalando Stock
| 0.64 | SSU | Samsung Electronics | PairCorr |
| 0.63 | SSU | Samsung Electronics | PairCorr |
| 0.6 | SSUN | Samsung Electronics | PairCorr |
| 0.57 | SSUN | Samsung Electronics | PairCorr |
| 0.84 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.46 | ECHA | Ecopetrol SA | PairCorr |
| 0.36 | TCID | Telkom Indonesia Tbk | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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 Zalando Stock performing well and Zalando SE 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 Zalando SE'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 90AA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RYAA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| 9M5 | 2.53 | 0.15 | 0.02 | 0.41 | 3.04 | 5.69 | 15.22 | |||
| HL80 | 1.49 | (0.10) | 0.00 | (0.40) | 0.00 | 3.48 | 10.87 | |||
| UOF | 1.76 | 0.08 | 0.05 | 0.20 | 1.73 | 4.32 | 10.23 | |||
| NWC | 2.21 | 0.00 | (0.01) | 0.12 | 3.18 | 4.21 | 15.96 | |||
| 4GF | 2.03 | 0.04 | (0.04) | 0.01 | 2.40 | 3.88 | 18.75 | |||
| GI4 | 2.12 | 0.30 | 0.11 | 0.60 | 1.93 | 4.79 | 29.51 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Zalando SE 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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Zalando SE Corporate Management
Elected by the shareholders, the Zalando SE's board of directors comprises two types of representatives: Zalando SE inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zalando. The board's role is to monitor Zalando SE's management team and ensure that shareholders' interests are well served. Zalando SE'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, Zalando SE's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Gentz | CoCEO, CoFounder | Profile | |
| David Schroder | COO Board | Profile | |
| Birgit Opp | VP Relations | Profile | |
| David Schneider | CoCEO, CoFounder | Profile | |
| Rene Gribnitz | VP Communications | Profile | |
| Philipp Erler | VP Experience | Profile | |
| Sandra Dembeck | CFO Board | Profile |