TUI AG Correlations
| TUIFF Stock | USD 9.00 0.00 0.00% |
The current 90-days correlation between TUI AG and TripAdvisor is 0.17 (i.e., Average diversification). The correlation of TUI AG 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.
TUI AG Correlation With Market
Average diversification
The correlation between TUI AG 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 TUI AG and DJI in the same portfolio, assuming nothing else is changed.
TUI |
The ability to find closely correlated positions to TUI AG could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TUI AG 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 TUI AG - 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 TUI AG to buy it.
Moving together with TUI Pink Sheet
| 0.77 | BKNG | Booking Holdings | PairCorr |
| 0.75 | RCL | Royal Caribbean Cruises Earnings Call This Week | PairCorr |
| 0.74 | ABNB | Airbnb Inc | PairCorr |
| 0.67 | TCOM | Trip Group | PairCorr |
| 0.78 | CCL | Carnival Aggressive Push | PairCorr |
| 0.69 | AMADY | Amadeus IT Holding | PairCorr |
| 0.76 | EXPE | Expedia Group | PairCorr |
| 0.72 | EML | Eastern | PairCorr |
| 0.63 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.62 | CWCO | Consolidated Water | PairCorr |
| 0.62 | PTAIF | PT Astra International | PairCorr |
| 0.69 | PTAIY | Astra International Tbk | PairCorr |
| 0.63 | GITS | Global Interactive Symbol Change | PairCorr |
| 0.78 | GE | GE Aerospace Earnings Call Tomorrow | PairCorr |
| 0.71 | CSCO | Cisco Systems | PairCorr |
| 0.73 | MSFT | Microsoft | PairCorr |
| 0.86 | MMM | 3M Company | PairCorr |
| 0.62 | INTC | Intel Earnings Call This Week | PairCorr |
| 0.78 | AXP | American Express | PairCorr |
| 0.81 | DD | Dupont De Nemours | PairCorr |
| 0.87 | BA | Boeing | PairCorr |
| 0.76 | AA | Alcoa Corp | PairCorr |
Moving against TUI Pink Sheet
Related Correlations Analysis
| 0.77 | 0.84 | 0.72 | 0.18 | 0.71 | 0.63 | TRIP | ||
| 0.77 | 0.87 | 0.92 | 0.56 | 0.94 | 0.9 | CCL | ||
| 0.84 | 0.87 | 0.84 | 0.44 | 0.75 | 0.77 | ACCYY | ||
| 0.72 | 0.92 | 0.84 | 0.57 | 0.86 | 0.92 | BABWF | ||
| 0.18 | 0.56 | 0.44 | 0.57 | 0.59 | 0.6 | ITVPY | ||
| 0.71 | 0.94 | 0.75 | 0.86 | 0.59 | 0.86 | CUKPF | ||
| 0.63 | 0.9 | 0.77 | 0.92 | 0.6 | 0.86 | DLAKF | ||
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Risk-Adjusted Indicators
There is a big difference between TUI Pink Sheet performing well and TUI AG 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 TUI AG'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TRIP | 2.40 | 0.44 | 0.20 | 0.39 | 2.16 | 6.28 | 20.03 | |||
| CCL | 1.84 | 0.52 | 0.32 | 0.38 | 1.49 | 6.07 | 14.53 | |||
| ACCYY | 1.36 | 0.32 | 0.16 | 0.51 | 1.32 | 3.11 | 10.64 | |||
| BABWF | 1.67 | 0.75 | 0.00 | 1.71 | 0.00 | 6.38 | 22.86 | |||
| ITVPY | 1.28 | 0.19 | 0.06 | 1.89 | 0.95 | 4.50 | 8.75 | |||
| CUKPF | 1.91 | 0.60 | 0.00 | 1.01 | 0.00 | 7.27 | 21.93 | |||
| DLAKF | 1.52 | 0.40 | 0.06 | 1.63 | 1.76 | 5.10 | 21.30 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in TUI AG 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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TUI AG Corporate Management
| Mathias Kiep | Member CFO | Profile | |
| Sybille Reiss | Chief Board | Profile | |
| Sebastian Ebel | Member of The Executive Board | Profile | |
| Peter Krueger | IR Contact Officer | Profile | |
| Erik Friemuth | Member of the Group Executive Committee - Group Chief Marketing Officer | Profile | |
| Nina Scherf | Compliance Legal | Profile | |
| Nicola Gehrt | Head of Investor Relations | Profile |