Correlation
The correlation between TME and ALL is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
TME vs. ALL
Compare and contrast key facts about Tencent Music Entertainment Group (TME) and The Allstate Corporation (ALL).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TME or ALL.
Performance
TME vs. ALL - Performance Comparison
Loading data...
Key characteristics
TME:
0.36
ALL:
1.12
TME:
0.92
ALL:
1.72
TME:
1.11
ALL:
1.24
TME:
0.26
ALL:
2.32
TME:
0.92
ALL:
6.42
TME:
19.92%
ALL:
5.09%
TME:
56.44%
ALL:
25.94%
TME:
-90.19%
ALL:
-77.03%
TME:
-44.89%
ALL:
0.00%
Fundamentals
TME:
$26.31B
ALL:
$56.31B
TME:
$0.85
ALL:
$14.65
TME:
20.42
ALL:
14.51
TME:
1.45
ALL:
2.19
TME:
0.91
ALL:
0.86
TME:
2.63
ALL:
2.77
TME:
$28.99B
ALL:
$65.32B
TME:
$12.50B
ALL:
$14.81B
TME:
$11.41B
ALL:
$5.97B
Returns By Period
In the year-to-date period, TME achieves a 52.95% return, which is significantly higher than ALL's 10.85% return.
TME
52.95%
21.31%
42.41%
20.14%
62.67%
6.31%
N/A
ALL
10.85%
6.69%
4.56%
28.76%
19.96%
19.00%
14.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TME vs. ALL — Risk-Adjusted Performance Rank
TME
ALL
TME vs. ALL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and The Allstate Corporation (ALL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
TME vs. ALL - Dividend Comparison
TME's dividend yield for the trailing twelve months is around 1.04%, less than ALL's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TME Tencent Music Entertainment Group | 1.04% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ALL The Allstate Corporation | 1.34% | 1.91% | 2.54% | 2.51% | 2.75% | 1.96% | 1.78% | 2.23% | 1.41% | 1.78% | 1.93% | 1.59% |
Drawdowns
TME vs. ALL - Drawdown Comparison
The maximum TME drawdown since its inception was -90.19%, which is greater than ALL's maximum drawdown of -77.03%. Use the drawdown chart below to compare losses from any high point for TME and ALL.
Loading data...
Volatility
TME vs. ALL - Volatility Comparison
Tencent Music Entertainment Group (TME) has a higher volatility of 17.87% compared to The Allstate Corporation (ALL) at 5.14%. This indicates that TME's price experiences larger fluctuations and is considered to be riskier than ALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
TME vs. ALL - Financials Comparison
This section allows you to compare key financial metrics between Tencent Music Entertainment Group and The Allstate Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TME vs. ALL - Profitability Comparison
TME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Tencent Music Entertainment Group reported a gross profit of 3.24B and revenue of 7.36B. Therefore, the gross margin over that period was 44.1%.
ALL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, The Allstate Corporation reported a gross profit of 3.22B and revenue of 16.46B. Therefore, the gross margin over that period was 19.6%.
TME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Tencent Music Entertainment Group reported an operating income of 4.84B and revenue of 7.36B, resulting in an operating margin of 65.7%.
ALL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, The Allstate Corporation reported an operating income of 819.00M and revenue of 16.46B, resulting in an operating margin of 5.0%.
TME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Tencent Music Entertainment Group reported a net income of 4.29B and revenue of 7.36B, resulting in a net margin of 58.3%.
ALL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, The Allstate Corporation reported a net income of 595.00M and revenue of 16.46B, resulting in a net margin of 3.6%.