Amadeus IT Correlations
| AMADF Stock | USD 83.29 2.57 3.18% |
The current 90-days correlation between Amadeus IT Group and Lindblad Expeditions Holdings is 0.01 (i.e., Significant diversification). The correlation of Amadeus IT 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.
Amadeus IT Correlation With Market
Average diversification
The correlation between Amadeus IT Group and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Amadeus IT Group and DJI in the same portfolio, assuming nothing else is changed.
Amadeus |
The ability to find closely correlated positions to Amadeus IT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amadeus IT 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 Amadeus IT - 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 Amadeus IT Group to buy it.
Moving together with Amadeus Pink Sheet
| 0.76 | BKNG | Booking Holdings | PairCorr |
| 0.66 | RCL | Royal Caribbean Cruises Earnings Call This Week | PairCorr |
| 0.65 | ABNB | Airbnb Inc | PairCorr |
| 0.68 | CCL | Carnival Aggressive Push | PairCorr |
| 0.91 | AMADY | Amadeus IT Holding | PairCorr |
| 0.69 | EXPE | Expedia Group | PairCorr |
| 0.72 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.67 | CWCO | Consolidated Water | PairCorr |
| 0.66 | PTAIY | Astra International Tbk | PairCorr |
| 0.68 | PFE | Pfizer Inc | PairCorr |
| 0.73 | GE | GE Aerospace Earnings Call This Week | PairCorr |
| 0.68 | CSCO | Cisco Systems | PairCorr |
| 0.67 | MSFT | Microsoft | PairCorr |
| 0.63 | MMM | 3M Company | PairCorr |
| 0.65 | AXP | American Express | PairCorr |
| 0.65 | DD | Dupont De Nemours | PairCorr |
| 0.73 | BA | Boeing | PairCorr |
| 0.64 | AA | Alcoa Corp | PairCorr |
Moving against Amadeus Pink Sheet
Related Correlations Analysis
| 0.29 | 0.19 | 0.3 | 0.16 | LIND | ||
| 0.29 | -0.09 | 0.29 | -0.01 | QPRC | ||
| 0.19 | -0.09 | 0.01 | -0.02 | ARET | ||
| 0.3 | 0.29 | 0.01 | -0.03 | TMMI | ||
| 0.16 | -0.01 | -0.02 | -0.03 | TXMC | ||
| 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 Amadeus Pink Sheet performing well and Amadeus IT 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 Amadeus IT'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LIND | 1.89 | 0.52 | 0.25 | 0.60 | 1.60 | 5.23 | 13.79 | |||
| QPRC | 11.52 | 2.45 | 0.08 | (1.51) | 12.06 | 57.69 | 123.61 | |||
| ARET | 6.00 | 1.55 | 0.00 | 0.57 | 0.00 | 0.00 | 266.67 | |||
| TMMI | 6.91 | 0.62 | 0.03 | (0.29) | 8.21 | 15.48 | 46.65 | |||
| TXMC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
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Amadeus IT Corporate Management
| Wolfgang Krips | Executive VP of Global Operations and General Manager of Amadeus Data Processing | Profile | |
| Francisco Rter | Pres Hospitality | Profile | |
| Jackson Pek | Sr Counsel | Profile | |
| Ana Heras | Culture, People | Profile | |
| Till Streichert | Chief Officer | Profile |