Aston Martin Correlations

AMGDF Stock

USD 1.50 0.06 4.17%

The current 90-days correlation between Aston Martin Lagonda and Polestar Automotive Holding is 0.1 (i.e., Average diversification). The correlation of Aston Martin 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.

Aston Martin Correlation With Market

Significant diversification

The correlation between Aston Martin Lagonda and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Aston Martin Lagonda and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Aston Martin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aston Martin 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 Aston Martin - 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 Aston Martin Lagonda to buy it.

Moving together with Aston Pink Sheet

0.61

SDXEF

SDX Energy plc

Pair Corr

Moving against Aston Pink Sheet

0.39	TM	Toyota Motor	Pair Corr
0.55	RM	Regional Management Corp	Pair Corr
0.51	BCLI	Brainstorm Cell Ther	Pair Corr
0.35	CYCN	Cyclerion Therapeutics Earnings Call This Week	Pair Corr
0.33	NITO	N2OFF Inc Symbol Change	Pair Corr
0.6	NTRP	NextTrip Symbol Change	Pair Corr

Related Correlations Analysis

	PSNYW	GELYY	MBGYY	POAHY	GELYF	ARGGY	GWLLF	GNZUF	FHYDF
PSNYW		-0.09	0.37	0.51	-0.2	-0.05	-0.01	-0.36	0.0	PSNYW
GELYY	-0.09		0.67	0.31	0.8	0.68	-0.28	-0.01	0.13	GELYY
MBGYY	0.37	0.67		0.77	0.56	0.66	-0.49	-0.41	0.12	MBGYY
POAHY	0.51	0.31	0.77		0.18	0.28	-0.24	-0.42	0.04	POAHY
GELYF	-0.2	0.8	0.56	0.18		0.75	-0.17	-0.01	0.01	GELYF
ARGGY	-0.05	0.68	0.66	0.28	0.75		-0.5	-0.23	-0.05	ARGGY
GWLLF	-0.01	-0.28	-0.49	-0.24	-0.17	-0.5		0.54	-0.09	GWLLF
GNZUF	-0.36	-0.01	-0.41	-0.42	-0.01	-0.23	0.54		0.04	GNZUF
FHYDF	0.0	0.13	0.12	0.04	0.01	-0.05	-0.09	0.04		FHYDF
	PSNYW	GELYY	MBGYY	POAHY	GELYF	ARGGY	GWLLF	GNZUF	FHYDF

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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

GELYF	+ 0.8	GELYY
POAHY	+ 0.77	MBGYY
ARGGY	+ 0.75	GELYF
ARGGY	+ 0.68	GELYY
MBGYY	+ 0.67	GELYY
ARGGY	+ 0.66	MBGYY

High negative correlations

GWLLF	- 0.5	ARGGY
GWLLF	- 0.49	MBGYY
GNZUF	- 0.42	POAHY
GNZUF	- 0.41	MBGYY
GNZUF	- 0.36	PSNYW
GWLLF	- 0.28	GELYY

Risk-Adjusted Indicators

There is a big difference between Aston Pink Sheet performing well and Aston Martin 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 Aston Martin'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
PSNYW	5.50	1.09	0.14	0.46	4.57	(11.93)	7.14	(8.70)	110.57
GELYY	2.23	0.58	0.22	4.70	2.19	(2.73)	7.44	(3.77)	17.56
MBGYY	1.28	0.25	0.14	0.43	1.45	(1.29)	3.02	(2.54)	6.73
POAHY	1.12	0.20	0.12	0.40	1.28	(1.35)	2.97	(2.36)	7.07
GELYF	2.54	0.54	0.16	1.06	2.74	(3.00)	7.45	(4.23)	19.87
ARGGY	1.86	0.19	0.07	13.91	2.03	(2.28)	5.43	(3.65)	9.85
GWLLF	2.14	(0.08)	0.00	(0.08)	0.00	0.00	5.06	(6.02)	25.28
GNZUF	4.90	0.52	0.07	(1.20)	5.00	(7.56)	11.11	(9.52)	45.71
FHYDF	3.05	0.36	0.07	1.23	2.97	(6.09)	8.33	(7.14)	28.53

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Our tools can tell you how much better you can do entering a position in Aston Martin 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.

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Aston Martin Corporate Management

Michael Straughan	Chief Officer	Profile
Kevin Watters	Director Communications	Profile
Simon Smith	Chief Officer	Profile
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