Willis Lease Correlations
| WLFC Stock | USD 184.55 1.59 0.87% |
The current 90-days correlation between Willis Lease Finance and Custom Truck One is 0.29 (i.e., Modest diversification). The correlation of Willis Lease 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.
Willis Lease Correlation With Market
Weak diversification
The correlation between Willis Lease Finance and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Willis Lease Finance and DJI in the same portfolio, assuming nothing else is changed.
Willis |
Moving together with Willis Stock
| 0.69 | VSTS | Vestis | PairCorr |
| 0.61 | FPAY | FlexShopper Earnings Call This Week | PairCorr |
| 0.64 | FTAI | Fortress Transp Infra | PairCorr |
| 0.65 | PRG | PROG Holdings | PairCorr |
| 0.68 | BV | BrightView Holdings | PairCorr |
| 0.78 | BW | Babcock Wilcox Enter | PairCorr |
Moving against Willis Stock
| 0.66 | HEES | HE Equipment Services | PairCorr |
| 0.59 | TRTN-PB | Triton International | PairCorr |
| 0.58 | TRTN-PA | Triton International | PairCorr |
| 0.37 | AER | AerCap Holdings NV | PairCorr |
| 0.7 | DE | Deere Company | PairCorr |
| 0.68 | MG | Mistras Group | PairCorr |
| 0.6 | ALTG-PA | Alta Equipment Group | PairCorr |
| 0.59 | KC | Kingsoft Cloud Holdings | PairCorr |
| 0.58 | EH | Ehang Holdings | PairCorr |
| 0.57 | LZ | LegalZoom | PairCorr |
| 0.54 | GE | GE Aerospace | PairCorr |
| 0.5 | G | Genpact Limited | 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 Willis Stock performing well and Willis Lease 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 Willis Lease'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CTOS | 2.64 | 0.08 | 0.00 | (0.03) | 0.00 | 5.46 | 23.60 | |||
| GATX | 1.03 | 0.00 | 0.00 | (0.07) | 0.00 | 2.11 | 7.23 | |||
| HEES | 3.60 | 1.45 | 0.82 | 0.77 | 0.82 | 1.53 | 107.70 | |||
| ALTG | 3.15 | (0.32) | 0.00 | (0.21) | 0.00 | 6.91 | 15.90 | |||
| AAN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| FTAIO | 0.12 | 0.02 | 0.29 | (0.88) | 0.17 | 0.32 | 2.14 | |||
| TRTN-PA | 0.22 | 0.00 | 0.20 | 0.07 | 0.27 | 0.48 | 1.60 | |||
| AFDG | 5.14 | 1.60 | 0.00 | (0.50) | 0.00 | 7.69 | 96.43 | |||
| BCVVF | 1.14 | (0.10) | 0.00 | (38.49) | 0.00 | 5.17 | 14.25 |
Willis Lease Corporate Management
| Dean Poulakidas | Sr. VP and General Counsel | Profile | |
| Brian Hole | Chief Investment Officer | Profile | |
| Amy Ruddock | Senior Development | Profile | |
| Craig Welsh | Senior Asia | Profile |