Fanhua Correlations

AIFU Stock

1.26 0.01 0.80%

The current 90-days correlation between Fanhua Inc and eHealth is 0.18 (i.e., Average diversification). The correlation of Fanhua 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.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Fanhua Stock

0.62

BWIN

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Pair Corr

Moving against Fanhua Stock

0.55	ALIZY	Allianz SE ADR	Pair Corr
0.38	V	Visa Class A	Pair Corr
0.31	WTW	Willis Towers Watson	Pair Corr
0.47	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.41	AX	Axos Financial	Pair Corr
0.33	DHIL	Diamond Hill Investment	Pair Corr

Related Correlations Analysis

	EHTH	ERIE	AJG	AON	BRO	MMC	WTW	GOCO	ZBAO	HUIZ
EHTH		-0.76	0.01	0.85	0.74	-0.47	0.68	0.89	-0.54	-0.01	EHTH
ERIE	-0.76		-0.24	-0.82	-0.71	0.3	-0.74	-0.78	0.59	0.12	ERIE
AJG	0.01	-0.24		0.28	0.46	0.66	0.37	-0.11	-0.2	-0.22	AJG
AON	0.85	-0.82	0.28		0.87	-0.24	0.88	0.83	-0.61	-0.29	AON
BRO	0.74	-0.71	0.46	0.87		-0.06	0.91	0.67	-0.5	-0.18	BRO
MMC	-0.47	0.3	0.66	-0.24	-0.06		-0.16	-0.58	0.23	-0.2	MMC
WTW	0.68	-0.74	0.37	0.88	0.91	-0.16		0.71	-0.42	-0.36	WTW
GOCO	0.89	-0.78	-0.11	0.83	0.67	-0.58	0.71		-0.51	-0.17	GOCO
ZBAO	-0.54	0.59	-0.2	-0.61	-0.5	0.23	-0.42	-0.51		0.14	ZBAO
HUIZ	-0.01	0.12	-0.22	-0.29	-0.18	-0.2	-0.36	-0.17	0.14		HUIZ
	EHTH	ERIE	AJG	AON	BRO	MMC	WTW	GOCO	ZBAO	HUIZ

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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

WTW	+ 0.91	BRO
GOCO	+ 0.89	EHTH
WTW	+ 0.88	AON
BRO	+ 0.87	AON
AON	+ 0.85	EHTH
GOCO	+ 0.83	AON

High negative correlations

AON	- 0.82	ERIE
GOCO	- 0.78	ERIE
ERIE	- 0.76	EHTH
WTW	- 0.74	ERIE
BRO	- 0.71	ERIE
ZBAO	- 0.61	AON

Risk-Adjusted Indicators

There is a big difference between Fanhua Stock performing well and Fanhua 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 Fanhua'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
EHTH	2.53	0.27	0.08	0.44	2.87	(2.83)	8.22	(4.77)	16.43
ERIE	1.40	(0.28)	0.00	(0.20)	0.00	0.00	2.09	(3.12)	10.81
AJG	0.89	0.01	(0.05)	0.14	1.15	(0.92)	2.16	(1.61)	5.31
AON	0.70	0.15	0.09	0.50	0.53	(0.77)	1.43	(1.19)	7.95
BRO	0.91	0.04	0.00	0.19	1.02	(1.04)	1.88	(2.06)	5.25
MMC	0.67	(0.03)	(0.12)	0.04	0.83	(0.68)	1.20	(1.31)	3.78
WTW	0.78	0.10	0.03	0.37	0.74	(0.81)	1.80	(1.63)	4.68
GOCO	3.76	0.67	0.15	1.14	3.67	(4.60)	8.03	(6.88)	37.83
ZBAO	4.10	(0.20)	0.00	0.62	0.00	0.00	9.52	(9.61)	30.85
HUIZ	4.06	(0.53)	0.00	(0.36)	0.00	0.00	11.11	(8.00)	33.03

Fanhua Corporate Executives

Elected by the shareholders, the Fanhua's board of directors comprises two types of representatives: Fanhua inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fanhua. The board's role is to monitor Fanhua's management team and ensure that shareholders' interests are well served. Fanhua'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, Fanhua's outside directors are responsible for providing unbiased perspectives on the board's policies.

Lichong Liu

VP COO

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