Auto Trader Correlations

Stocks . Germany . 
Stock . Auto Trader Group
2UA Stock  EUR 5.15  0.05  0.98%   
The current 90-days correlation between Auto Trader Group and KB HOME is 0.15 (i.e., Average diversification). The correlation of Auto Trader 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.

Auto Trader Correlation With Market

Pay attention - limited upside

The correlation between Auto Trader Group and DJI is -0.76 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Auto Trader Group and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Auto Trader could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Auto Trader when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Auto Trader - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Auto Trader Group to buy it.

Moving against Auto Stock

  0.901H HORIBAPairCorr
  0.88WCE CECO ENVIRONMENTAL Earnings Call This WeekPairCorr
  0.84HZ8 Insteel IndustriesPairCorr
  0.832WGA WOORI FIN GRPPairCorr
  0.83LFL0 LATAM Airlines GroupPairCorr
  0.82TCW TOKYU STRUCTIONPairCorr
  0.81BSA Banco Santander ChilePairCorr
  0.81HSY HERSHEYPairCorr
  0.8G4RA Banco de ChilePairCorr
  0.79ENI Eni SpAPairCorr
  0.78GLDA Amundi Physical GoldPairCorr
  0.76KGHA KGHM Polska MiedzPairCorr
  0.75AOMD Alstom SAPairCorr
  0.75SM2 SemtechPairCorr
  0.737GA Gestamp AutomociónPairCorr
  0.72SZL SOLSTAD OFFSHOREPairCorr
  0.71KSF1 SHINHAN FINL ADR1PairCorr
  0.69KBIA KB Financial GroupPairCorr
  0.677YZ THARISA NON LISTPairCorr
  0.622G0 Food Life CompaniesPairCorr
  0.6SAB Sonic Healthcare Earnings Call This WeekPairCorr
  0.58QIA QIAGEN NV SplitPairCorr
  0.56D4R ROMIOS GOLD RES SplitPairCorr
  0.52ROW Texas Roadhouse Earnings Call This WeekPairCorr
  0.48BAOA Bastogi SpAPairCorr
  0.45SJ3 Sherwin WilliamsPairCorr
  0.386GAA Grupo Aval AccionesPairCorr
  0.33BYRA PT Bank Rakyat Earnings Call This WeekPairCorr
  0.31PQ9 PT Bank MandiriPairCorr
  0.91WWR Woolworths Group Earnings Call This WeekPairCorr
  0.9ENR Siemens Energy AGPairCorr
  0.88317A STINGRAY GROUP INCPairCorr
  0.88SZG Salzgitter AGPairCorr
  0.84VVD Veolia EnvironnementPairCorr
  0.84BAS BASF SEPairCorr
  0.83H3M Hochschild Mining plcPairCorr
  0.8NQG Monolithic Power SystemsPairCorr

Related Correlations Analysis


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

FV8
+ 0.9
BBEA
THM
+ 0.58
KBH
BBEA
+ 0.57
THM
FV8
+ 0.54
THM
CHK
+ 0.46
BBEA
1QK
+ 0.45
FV8
  

High negative correlations

1QK
- 0.66
CHK
FV8
- 0.58
CHK
1QK
- 0.56
BBEA
BBEA
- 0.36
CHK
FV8
- 0.29
BBEA
BBEA
- 0.27
BBEA

Risk-Adjusted Indicators

There is a big difference between Auto Stock performing well and Auto Trader 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 Auto Trader'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Auto Trader without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Economic Indicators Now

   

Economic Indicators

Top statistical indicators that provide insights into how an economy is performing
All  Next Launch Module

Auto Trader Corporate Management

Elected by the shareholders, the Auto Trader's board of directors comprises two types of representatives: Auto Trader inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Auto. The board's role is to monitor Auto Trader's management team and ensure that shareholders' interests are well served. Auto Trader's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Auto Trader's outside directors are responsible for providing unbiased perspectives on the board's policies.
Claire BatyCompany GovernanceProfile
Karolina EdwardsSmajdaChief OfficerProfile
Jamie WarnerCFO DirectorProfile
Chris KellyChief OfficerProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY