Uxin Correlations

UXIN Stock

USD 4.02 0.25 5.85%

The current 90-days correlation between Uxin and KAR Auction Services is 0.07 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Uxin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uxin moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Uxin Correlation With Market

Average diversification

The correlation between Uxin and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Uxin 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 Uxin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

To learn how to invest in Uxin Stock, please use our How to Invest in Uxin guide.

Moving together with Uxin Stock

0.81	HD	Home Depot	Pair Corr
0.81	LOW	Lowes Companies Sell-off Trend	Pair Corr
0.62	ORLY	OReilly Automotive	Pair Corr
0.78	AGS	PlayAGS	Pair Corr
0.77	XPEV	Xpeng Inc	Pair Corr
0.66	UAA	Under Armour A Aggressive Push	Pair Corr
0.87	YUMC	Yum China Holdings	Pair Corr

Moving against Uxin Stock

0.54	ARHS	Arhaus Inc	Pair Corr
0.5	TM	Toyota Motor	Pair Corr
0.44	DKS	Dicks Sporting Goods	Pair Corr
0.32	ULTA	Ulta Beauty Earnings Call This Week	Pair Corr
0.31	HVT	Haverty Furniture	Pair Corr
0.81	LNW	Light Wonder	Pair Corr
0.67	IGT	International Game	Pair Corr
0.66	LIVE	Live Ventures Fiscal Year End 18th of December 2024	Pair Corr
0.54	ISPOW	Thayer Ventures Acqu	Pair Corr
0.51	LCID	Lucid Group Aggressive Push	Pair Corr
0.33	HMC	Honda Motor	Pair Corr

Related Correlations Analysis

	KFS	KAR	LAZY	CANG	VRM	SFT	UCAR	CVNA	CZOO	KMX
KFS		0.33	-0.22	0.58	0.12	0.72	0.62	0.78	-0.82	-0.27	KFS
KAR	0.33		0.17	0.89	-0.64	0.52	-0.22	0.69	-0.29	0.55	KAR
LAZY	-0.22	0.17		-0.02	-0.19	-0.39	-0.38	-0.2	0.12	0.47	LAZY
CANG	0.58	0.89	-0.02		-0.49	0.7	0.04	0.89	-0.57	0.27	CANG
VRM	0.12	-0.64	-0.19	-0.49		-0.28	0.56	-0.22	-0.19	-0.63	VRM
SFT	0.72	0.52	-0.39	0.7	-0.28		0.32	0.81	-0.61	-0.09	SFT
UCAR	0.62	-0.22	-0.38	0.04	0.56	0.32		0.26	-0.37	-0.46	UCAR
CVNA	0.78	0.69	-0.2	0.89	-0.22	0.81	0.26		-0.81	-0.04	CVNA
CZOO	-0.82	-0.29	0.12	-0.57	-0.19	-0.61	-0.37	-0.81		0.39	CZOO
KMX	-0.27	0.55	0.47	0.27	-0.63	-0.09	-0.46	-0.04	0.39		KMX
	KFS	KAR	LAZY	CANG	VRM	SFT	UCAR	CVNA	CZOO	KMX

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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

CANG	+ 0.89	KAR
CVNA	+ 0.89	CANG
CVNA	+ 0.81	SFT
CVNA	+ 0.78	KFS
SFT	+ 0.72	KFS
SFT	+ 0.7	CANG

High negative correlations

CZOO	- 0.82	KFS
CZOO	- 0.81	CVNA
VRM	- 0.64	KAR
KMX	- 0.63	VRM
CZOO	- 0.61	SFT
CZOO	- 0.57	CANG

Risk-Adjusted Indicators

There is a big difference between Uxin Stock performing well and Uxin 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 Uxin'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
KFS	1.29	0.08	0.01	0.31	1.35	(1.52)	2.38	(2.51)	10.73
KAR	1.46	0.09	0.09	0.20	1.32	(1.63)	2.47	(2.01)	13.95
LAZY	2.02	(0.05)	0.00	(0.05)	0.00	0.00	4.51	(4.50)	20.01
CANG	4.36	1.36	0.34	1.31	3.04	(5.43)	16.80	(6.58)	31.66
VRM	4.76	(0.58)	0.00	(1.30)	0.00	0.00	9.33	(10.72)	45.12
SFT	4.95	0.77	0.09	(2.02)	6.15	(5.40)	11.68	(7.44)	40.09
UCAR	3.39	0.15	(0.01)	(0.11)	4.32	(3.47)	6.41	(7.00)	16.60
CVNA	2.08	0.77	0.27	1.62	1.94	(2.37)	5.64	(3.51)	26.67
CZOO	94.22	43.39	0.82	(2.71)	32.37	(198.28)	250.00	(85.71)	1,993
KMX	1.44	(0.18)	(0.08)	0.00	1.74	(1.54)	4.14	(3.24)	8.69

Uxin Corporate Management

Wenbing Jing	Chief Officer	Profile
Kun Dai	Chairman Founder	Profile
Zhitian Zhang	Chief Officer	Profile
Nancy Song	Investor Director	Profile
Henry Tsai	Head Finance	Profile
Zhen Zeng	Advisor	Profile
Feng Lin	Chief Officer	Profile

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