VinFast Auto Correlations
| VFSWW Stock | 0.30 0.02 7.14% |
The current 90-days correlation between VinFast Auto and Grupo Televisa SAB is 0.07 (i.e., Significant diversification). The correlation of VinFast Auto 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.
VinFast Auto Correlation With Market
Modest diversification
The correlation between VinFast Auto Ltd and DJI is 0.29 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding VinFast Auto Ltd and DJI in the same portfolio, assuming nothing else is changed.
VinFast |
Moving together with VinFast Stock
| 0.75 | BWA | BorgWarner | PairCorr |
| 0.69 | MGA | Magna International | PairCorr |
| 0.8 | MOD | Modine Manufacturing | PairCorr |
| 0.67 | GNTX | Gentex | PairCorr |
| 0.74 | INVZ | Innoviz Technologies | PairCorr |
| 0.71 | LCID | Lucid Group | PairCorr |
| 0.68 | NWTN | NWTN Class B | PairCorr |
| 0.79 | RIVN | Rivian Automotive | PairCorr |
| 0.8 | ADNT | Adient PLC | PairCorr |
| 0.88 | TSLA | Tesla Inc | PairCorr |
| 0.61 | M | Macys Inc | PairCorr |
| 0.79 | W | Wayfair | PairCorr |
| 0.77 | BC | Brunswick | PairCorr |
| 0.68 | BQ | Boqii Holding Limited | PairCorr |
| 0.82 | FL | Foot Locker | PairCorr |
| 0.65 | HD | Home Depot | PairCorr |
| 0.75 | LE | Lands End Earnings Call This Week | PairCorr |
| 0.89 | RH | RH Earnings Call This Week | PairCorr |
| 0.79 | UA | Under Armour C | PairCorr |
| 0.68 | DLTH | Duluth Holdings | PairCorr |
| 0.79 | DOOO | BRP Inc Earnings Call This Week | PairCorr |
| 0.75 | DXLG | Destination XL Group | PairCorr |
| 0.62 | VNCE | Vince Holding Corp | PairCorr |
Moving against VinFast Stock
| 0.8 | IH | Ihuman Inc | PairCorr |
| 0.76 | LI | Li Auto | PairCorr |
| 0.72 | JD | JD Inc Adr | PairCorr |
| 0.69 | GV | Visionary Education | PairCorr |
| 0.51 | APTV | Aptiv PLC | PairCorr |
| 0.5 | XOSWW | Xos Equity Warrants | PairCorr |
| 0.37 | DAN | Dana Inc | PairCorr |
| 0.89 | VIPS | Vipshop Holdings | PairCorr |
| 0.84 | VSTA | Vasta Platform | PairCorr |
| 0.61 | ADT | ADT Inc | PairCorr |
| 0.56 | AGS | PlayAGS | PairCorr |
| 0.46 | EVRI | Everi Holdings | 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 VinFast Stock performing well and VinFast Auto 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 VinFast Auto'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| TV | 2.11 | (0.16) | 0.00 | (0.26) | 0.00 | 4.21 | 14.97 | |||
| IRDM | 1.75 | (0.01) | 0.00 | (0.07) | 0.00 | 2.69 | 22.16 | |||
| SNDA | 1.92 | 0.02 | 0.00 | (0.05) | 0.00 | 3.56 | 9.66 | |||
| AKAN | 3.27 | 0.24 | 0.04 | 0.08 | 3.88 | 8.28 | 25.81 | |||
| VMD | 1.41 | (0.25) | 0.00 | (0.58) | 0.00 | 2.40 | 8.31 | |||
| ZH | 3.18 | 0.53 | 0.14 | 0.52 | 3.27 | 8.05 | 27.14 | |||
| NCMI | 2.13 | (0.26) | 0.00 | (0.45) | 0.00 | 4.01 | 26.42 | |||
| TIMB | 1.47 | 0.36 | 0.18 | 0.53 | 1.88 | 3.45 | 14.05 |
VinFast Auto Corporate Management
| Anh Nguyen | Chief Officer | Profile | |
| Chau Pham | Chief India | Profile | |
| Trinh Le | Deputy Technology | Profile | |
| Stuart Taylor | Deputy Services | Profile | |
| Michael Johnson | Deputy Manufacturing | Profile |