Teleperformance Correlations
| TEP Stock | EUR 105.95 0.60 0.56% |
The correlation of Teleperformance 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teleperformance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teleperformance SE moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Teleperformance SE and NYA is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Teleperformance SE and NYA in the same portfolio, assuming nothing else is changed.
Teleperformance |
The ability to find closely correlated positions to Teleperformance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teleperformance 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 Teleperformance - 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 Teleperformance SE to buy it.
Moving together with Teleperformance Stock
Moving against Teleperformance Stock
| 0.78 | GLE | Societe Generale | PairCorr |
| 0.73 | BVI | Bureau Veritas SA | PairCorr |
| 0.62 | BUR | Burelle SA | PairCorr |
| 0.6 | ALMDG | MGI Digital | PairCorr |
| 0.58 | AM | Dassault Aviation Earnings Call This Week | PairCorr |
| 0.58 | ODET | Compagnie de lOdet | PairCorr |
| 0.58 | ACA | Credit Agricole SA | PairCorr |
| 0.57 | ALCLA | Clasquin | PairCorr |
| 0.55 | EURS | Foncire Euris SA | PairCorr |
| 0.49 | IDL | ID Logistics Group | PairCorr |
| 0.42 | SW | Sodexo SA | 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 Teleperformance Stock performing well and Teleperformance 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 Teleperformance'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WLN | 2.54 | 0.06 | 0.00 | (1.52) | 3.84 | 4.49 | 14.77 | |||
| ERF | 1.30 | 0.13 | 0.01 | (0.20) | 2.25 | 2.19 | 12.06 | |||
| DIM | 1.81 | (0.23) | 0.00 | 0.33 | 0.00 | 2.70 | 19.94 | |||
| DSY | 0.85 | (0.20) | 0.00 | 10.00 | 0.00 | 1.29 | 6.27 | |||
| CAP | 0.89 | 0.00 | (0.06) | 0.03 | 1.15 | 1.75 | 10.55 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Teleperformance 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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| All Next | Launch Module |
Teleperformance Corporate Management
Elected by the shareholders, the Teleperformance's board of directors comprises two types of representatives: Teleperformance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teleperformance. The board's role is to monitor Teleperformance's management team and ensure that shareholders' interests are well served. Teleperformance'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, Teleperformance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alan Winters | CAO, Officer | Profile | |
| Yannis Tourcomanis | MiddleEast Europe | Profile | |
| Daniel Julien | Ex CEO | Profile | |
| Quy NguyenNgoc | Investor Director | Profile | |
| Olivier Rigaudy | Deputy CFO | Profile | |
| Agustin Grisanti | Group Officer | Profile | |
| Dev Mudaliar | Global Officer | Profile |
Already Invested in Teleperformance SE?
The danger of trading Teleperformance SE is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Teleperformance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Teleperformance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Teleperformance SE is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teleperformance SE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Teleperformance Stock analysis
When running Teleperformance's price analysis, check to measure Teleperformance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teleperformance is operating at the current time. Most of Teleperformance's value examination focuses on studying past and present price action to predict the probability of Teleperformance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teleperformance's price. Additionally, you may evaluate how the addition of Teleperformance to your portfolios can decrease your overall portfolio volatility.
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