AutoNation Correlations

AN Stock

USD 220.63 5.34 2.48%

The current 90-days correlation between AutoNation and Lithia Motors is 0.49 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

AutoNation Correlation With Market

Modest diversification

The correlation between AutoNation and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AutoNation and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with AutoNation Stock

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

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

Moving together with AutoNation Stock

0.73	ABG	Asbury Automotive	Pair Corr
0.62	LAD	Lithia Motors	Pair Corr
0.78	PAG	Penske Automotive	Pair Corr
0.61	MNRO	Monro Muffler Brake Earnings Call This Week	Pair Corr

Moving against AutoNation Stock

0.65	MTO	Motorcycle Holdings	Pair Corr
0.6	KXIN	Kaixin Auto Holdings Trending	Pair Corr
0.52	APE	Eagers Automotive	Pair Corr
0.44	PWR	Peter Warren Automotive	Pair Corr
0.41	CFYN	Caffyns PLC	Pair Corr
0.37	JZXN	Jiuzi Holdings	Pair Corr
0.84	DECAU	Denali Capital Acqui	Pair Corr
0.61	600386	Beijing Bashi Media	Pair Corr
0.58	UCAR	U Power Limited	Pair Corr
0.42	ASG	Autosports Group	Pair Corr
0.42	MOTR	Motorpoint Group PLC	Pair Corr
0.38	BLNK	Blink Charging	Pair Corr
0.36	ONEW	Onewater Marine	Pair Corr
0.32	PRTS	CarPartsCom	Pair Corr

Related Correlations Analysis

	LAD	LKQ	KMX	GPI	PAG	VFS	ABG	ALSN	LEVI	MUSA
LAD		0.3	0.51	0.27	0.69	0.01	0.68	0.81	0.54	0.72	LAD
LKQ	0.3		0.61	-0.16	0.12	0.24	0.5	0.58	0.11	0.63	LKQ
KMX	0.51	0.61		0.46	0.58	-0.25	0.85	0.47	0.22	0.62	KMX
GPI	0.27	-0.16	0.46		0.79	-0.42	0.6	-0.06	0.21	0.0	GPI
PAG	0.69	0.12	0.58	0.79		-0.17	0.79	0.45	0.56	0.44	PAG
VFS	0.01	0.24	-0.25	-0.42	-0.17		-0.18	0.3	0.1	0.3	VFS
ABG	0.68	0.5	0.85	0.6	0.79	-0.18		0.58	0.36	0.63	ABG
ALSN	0.81	0.58	0.47	-0.06	0.45	0.3	0.58		0.49	0.91	ALSN
LEVI	0.54	0.11	0.22	0.21	0.56	0.1	0.36	0.49		0.42	LEVI
MUSA	0.72	0.63	0.62	0.0	0.44	0.3	0.63	0.91	0.42		MUSA
	LAD	LKQ	KMX	GPI	PAG	VFS	ABG	ALSN	LEVI	MUSA

Please upgrade your account to get full access to Macroaxis premium features

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

MUSA	+ 0.91	ALSN
ABG	+ 0.85	KMX
ALSN	+ 0.81	LAD
PAG	+ 0.79	GPI
ABG	+ 0.79	PAG
MUSA	+ 0.72	LAD

High negative correlations

VFS	- 0.42	GPI
VFS	- 0.25	KMX
ABG	- 0.18	VFS
VFS	- 0.17	PAG
GPI	- 0.16	LKQ
ALSN	- 0.06	GPI

Risk-Adjusted Indicators

There is a big difference between AutoNation Stock performing well and AutoNation 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 AutoNation'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
LAD	1.44	0.03	0.02	0.09	1.46	(1.69)	4.18	(2.97)	9.56
LKQ	1.52	0.07	0.06	0.11	1.68	(1.61)	3.36	(2.55)	9.19
KMX	2.23	0.04	0.02	0.08	4.97	(2.11)	5.33	(4.21)	28.21
GPI	1.21	(0.16)	0.00	(0.21)	0.00	0.00	2.60	(2.48)	8.95
PAG	0.88	(0.11)	0.00	(0.08)	0.00	0.00	2.44	(1.84)	6.07
VFS	1.70	0.03	0.00	0.12	2.46	(1.64)	2.98	(3.83)	15.20
ABG	1.36	(0.10)	0.00	(0.01)	0.00	0.00	3.11	(2.56)	8.25
ALSN	1.28	0.36	0.29	0.43	0.88	(1.58)	3.31	(1.64)	6.81
LEVI	1.44	(0.10)	0.00	(0.01)	0.00	0.00	3.54	(3.46)	8.59
MUSA	1.37	0.18	0.07	0.44	1.95	(1.40)	3.04	(2.52)	11.17

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