Intuitive Machines Correlations
| LUNR Stock | 7.09 0.02 0.28% |
The current 90-days correlation between Intuitive Machines and Redwire Corp is 0.67 (i.e., Poor diversification). The correlation of Intuitive Machines 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.
Intuitive Machines Correlation With Market
Weak diversification
The correlation between Intuitive Machines and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Intuitive Machines and DJI in the same portfolio, assuming nothing else is changed.
Intuitive |
Moving together with Intuitive Stock
| 0.64 | BA | Boeing | PairCorr |
| 0.62 | BA-PA | Boeing | PairCorr |
| 0.73 | VTSI | VirTra Inc | PairCorr |
| 0.77 | EVEX | Eve Holding | PairCorr |
| 0.82 | CVU | CPI Aerostructures | PairCorr |
| 0.76 | DCO | Ducommun Incorporated | PairCorr |
| 0.89 | HXL | Hexcel | PairCorr |
| 0.74 | NPK | National Presto Indu | PairCorr |
| 0.68 | PKE | Park Electrochemical | PairCorr |
| 0.85 | RDW | Redwire Corp | PairCorr |
| 0.74 | SIF | SIFCO Industries | PairCorr |
Moving against Intuitive Stock
| 0.71 | HEI | Heico | PairCorr |
| 0.71 | RGR | Sturm Ruger | PairCorr |
| 0.67 | ERJ | Embraer SA ADR | PairCorr |
| 0.64 | ESLT | Elbit Systems Earnings Call Tomorrow | PairCorr |
| 0.38 | EH | Ehang Holdings | PairCorr |
| 0.36 | RTX | Raytheon Technologies | PairCorr |
| 0.51 | SARO | StandardAero, | PairCorr |
| 0.41 | TGI | Triumph Group | 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 Intuitive Stock performing well and Intuitive Machines 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 Intuitive Machines' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RDW | 5.99 | 0.55 | 0.05 | 0.07 | 6.49 | 13.22 | 64.06 | |||
| SIDU | 10.29 | 2.09 | 0.23 | (1.78) | 8.85 | 14.65 | 258.03 | |||
| RKLB | 4.53 | (0.01) | 0.00 | (0.07) | 0.00 | 7.37 | 40.12 | |||
| MNTS | 7.02 | (1.08) | 0.00 | (0.62) | 0.00 | 18.95 | 48.76 | |||
| LLAP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| ASTR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PL | 4.67 | 0.26 | 0.03 | 0.03 | 5.22 | 8.17 | 31.61 | |||
| SPCE | 3.40 | (0.50) | 0.00 | (0.41) | 0.00 | 7.43 | 21.25 | |||
| EVEX | 3.96 | (0.17) | 0.00 | (0.15) | 0.00 | 7.22 | 20.12 |
Intuitive Machines Corporate Management
| Ben Bussey | Chief Scientist | Profile | |
| Steven Vontur | Chief Controller | Profile | |
| Jade Marcantel | Chief Officer | Profile | |
| Anna Jones | General Secretary | Profile |