Faraday Future Correlations
| FFIEDelisted Stock | USD 1.24 0.01 0.81% |
The correlation of Faraday Future 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.
Faraday Future Correlation With Market
Good diversification
The correlation between Faraday Future Intelligent and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Faraday Future Intelligent and DJI in the same portfolio, assuming nothing else is changed.
Faraday |
Moving against Faraday Stock
| 0.44 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.41 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.4 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.4 | VLKAF | Volkswagen AG | PairCorr |
| 0.38 | VZ | Verizon Communications | PairCorr |
| 0.37 | T | ATT Inc Aggressive Push | PairCorr |
| 0.36 | TRV | The Travelers Companies | PairCorr |
| 0.34 | JNJ | Johnson Johnson | PairCorr |
| 0.34 | MMM | 3M Company | PairCorr |
| 0.33 | GE | GE Aerospace | PairCorr |
| 0.32 | KO | Coca Cola Aggressive Push | PairCorr |
| 0.31 | IBM | International Business | PairCorr |
Related Correlations Analysis
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | RIDE | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ARVL | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | FSR | ||
| 0.0 | 0.0 | 0.0 | -0.49 | 0.0 | MULN | ||
| 0.0 | 0.0 | 0.0 | -0.49 | 0.0 | GOEV | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PTRA | ||
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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 Faraday Stock performing well and Faraday Future 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 Faraday Future'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RIDE | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ARVL | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FSR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MULN | 11.29 | (7.86) | 0.00 | (7.85) | 0.00 | 14.58 | 97.92 | |||
| GOEV | 14.40 | (4.79) | 0.00 | (1.96) | 0.00 | 33.33 | 102.21 | |||
| PTRA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| The entity Faraday Future Intelligent with a symbol FFIE was recently relisted or delisted. You can potentially use Faraday Future Intelligent with a symbol FFAI. Please make sure the ticker renaming or change in the classification of Faraday Future Intelligent is not a temporary action by the exchange. |
Faraday Future Corporate Management
| Yueting Jia | Partner, Founder | Profile | |
| Prashant Gulati | Head Strategy | Profile | |
| Koti Meka | Chief Officer | Profile | |
| Connie Zhao | Head Integration | Profile | |
| Scott Graziano | Global Counsel | Profile | |
| Yun Han | Chief CFO | Profile |
Still Interested in Faraday Future Intelligent?
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