Aston Martin Correlations
| ARGGY Stock | USD 1.29 0.01 0.78% |
The current 90-days correlation between Aston Martin Lagonda and NFI Group is 0.21 (i.e., Modest 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Aston Martin Correlation With Market
Good diversification
The correlation between Aston Martin Lagonda and DJI is -0.02 (i.e., Good 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.
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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
| 0.64 | BKRKY | Bank Rakyat | PairCorr |
| 0.62 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.62 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.64 | PBCRY | Bank Central Asia | PairCorr |
| 0.64 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
Moving against Aston Pink Sheet
| 0.68 | KD | Kyndryl Holdings | PairCorr |
| 0.41 | IPAR | Inter Parfums | PairCorr |
| 0.63 | WMT | Walmart | PairCorr |
| 0.56 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.52 | CSCO | Cisco Systems | PairCorr |
| 0.51 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.5 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.47 | MSFT | Microsoft | PairCorr |
| 0.44 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.37 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GELYY | 2.84 | 0.31 | 0.07 | (0.86) | 3.73 | 7.08 | 25.00 | |||
| GNZUF | 4.48 | 0.50 | 0.06 | (1.94) | 4.62 | 14.63 | 42.30 | |||
| DWLAF | 1.10 | 0.11 | 0.00 | 0.91 | 0.00 | 5.80 | 13.43 | |||
| NFYEF | 1.30 | (0.39) | 0.00 | (1.06) | 0.00 | 2.18 | 9.17 | |||
| PSNY | 4.12 | (0.44) | 0.00 | (0.24) | 0.00 | 7.02 | 15.75 | |||
| GELYF | 2.89 | 0.29 | 0.07 | (1.05) | 3.51 | 7.84 | 25.96 | |||
| GP | 3.73 | (0.69) | 0.00 | (1.49) | 0.00 | 8.11 | 32.09 | |||
| AMGDF | 4.37 | (0.14) | 0.00 | (0.11) | 0.00 | 9.15 | 30.73 | |||
| GWLLF | 2.53 | 0.02 | 0.00 | (0.05) | 3.27 | 7.56 | 26.40 | |||
| PSNYW | 5.13 | 0.50 | 0.06 | 0.23 | 5.67 | 7.14 | 33.33 |
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Aston Martin Corporate Management
| Michael Straughan | Chief Officer | Profile | |
| Kevin Watters | Director Communications | Profile | |
| Simon Smith | Chief Officer | Profile | |
| Amedeo Felisa | CEO Director | Profile | |
| Roberto Fedeli | Chief Officer | Profile | |
| Lawrence Stroll | Ex Chairman | Profile |