U Haul Correlations

UHAL Stock

USD 62.46 1.27 1.99%

The current 90-days correlation between U Haul Holding and Air Lease is 0.42 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as U Haul moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if U Haul Holding moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

U Haul Correlation With Market

Very weak diversification

The correlation between U Haul Holding and DJI is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding U Haul Holding and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in U Haul Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving together with UHAL Stock

0.9	R	Ryder System	Pair Corr
0.9	CAR	Avis Budget Group	Pair Corr
0.63	GATX	GATX	Pair Corr
0.8	WSC	Willscot Mobile Mini	Pair Corr
0.63	MGRC	McGrath RentCorp	Pair Corr
0.73	ALTG	Alta Equipment Group Downward Rally	Pair Corr
0.65	J	Jacobs Solutions	Pair Corr

Moving against UHAL Stock

0.51	FTAIN	Fortress Transportation	Pair Corr
0.49	FTAIM	FTAI Aviation	Pair Corr
0.36	TRTN-PB	Triton International	Pair Corr
0.35	TRTN-PA	Triton International	Pair Corr
0.56	BZ	Kanzhun Ltd ADR	Pair Corr
0.32	GD	General Dynamics	Pair Corr

Related Correlations Analysis

	AL	AAN	TRTN	HEES	GATX	CTOS	ALTG	TGH	R	TRTN-PB
AL		0.0	0.0	-0.3	0.14	0.1	0.36	0.0	0.49	-0.16	AL
AAN	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	AAN
TRTN	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	TRTN
HEES	-0.3	0.0	0.0		0.39	-0.03	-0.26	0.0	-0.05	0.59	HEES
GATX	0.14	0.0	0.0	0.39		0.3	0.31	0.0	0.46	0.15	GATX
CTOS	0.1	0.0	0.0	-0.03	0.3		0.63	0.0	0.24	-0.23	CTOS
ALTG	0.36	0.0	0.0	-0.26	0.31	0.63		0.0	0.69	-0.62	ALTG
TGH	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	TGH
R	0.49	0.0	0.0	-0.05	0.46	0.24	0.69	0.0		-0.45	R
TRTN-PB	-0.16	0.0	0.0	0.59	0.15	-0.23	-0.62	0.0	-0.45		TRTN-PB
	AL	AAN	TRTN	HEES	GATX	CTOS	ALTG	TGH	R	TRTN-PB

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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

R	+ 0.69	ALTG
ALTG	+ 0.63	CTOS
TRTN-PB	+ 0.59	HEES
R	+ 0.49	AL
R	+ 0.46	GATX
GATX	+ 0.39	HEES

High negative correlations

TRTN-PB	- 0.62	ALTG
TRTN-PB	- 0.45	R
HEES	- 0.3	AL
ALTG	- 0.26	HEES
TRTN-PB	- 0.23	CTOS
TRTN-PB	- 0.16	AL

Risk-Adjusted Indicators

There is a big difference between UHAL Stock performing well and U Haul 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 U Haul'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
AL	1.45	0.05	0.00	(0.03)	0.00	0.00	2.33	(4.14)	12.57
AAN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TRTN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HEES	3.60	1.46	0.82	0.76	0.83	(5.57)	1.53	(3.34)	107.70
GATX	1.04	(0.07)	0.00	0.63	0.00	0.00	2.11	(1.90)	7.23
CTOS	2.64	0.10	0.00	(0.03)	0.00	0.00	5.46	(5.54)	23.60
ALTG	3.10	(0.26)	0.00	(0.19)	0.00	0.00	6.91	(6.29)	15.90
TGH	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
R	1.35	(0.17)	0.00	(0.24)	0.00	0.00	3.03	(3.31)	8.98
TRTN-PB	0.28	0.01	0.25	0.41	0.26	(0.33)	0.69	(0.52)	1.46

U Haul Corporate Management

Kristine Campbell	General Counsel	Profile
Jason Berg	Principal Financial Officer and Chief Accounting Officer	Profile
Maria Bell	Chief Accounting Officer	Profile
Jennifer Settles	Secretary	Profile

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