ECD Automotive Correlations
| ECDA Stock | 0.01 0 11.76% |
The current 90-days correlation between ECD Automotive Design and Jeffs Brands is -0.5 (i.e., Very good diversification). The correlation of ECD Automotive 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.
ECD Automotive Correlation With Market
Pay attention - limited upside
The correlation between ECD Automotive Design and DJI is -0.92 (i.e., Pay attention - limited upside) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding ECD Automotive Design and DJI in the same portfolio, assuming nothing else is changed.
Moving together with ECD Stock
| 0.93 | DCX | Digital Currency X Symbol Change | PairCorr |
| 0.82 | NIO | Nio Class A | PairCorr |
| 0.65 | 0O9 | Niu Technologies | PairCorr |
| 0.62 | XPEV | Xpeng Inc | PairCorr |
| 0.79 | 2FE | Ferrari NV | PairCorr |
| 0.74 | MOM | Mahindra Mahindra | PairCorr |
| 0.87 | N3IA | Nio Class A | PairCorr |
| 0.62 | P9N | LIVEWIRE GROUP DL | PairCorr |
Moving against ECD Stock
| 0.88 | GM | General Motors | PairCorr |
| 0.86 | TM | Toyota Motor | PairCorr |
| 0.77 | F | Ford Motor Earnings Call This Week | PairCorr |
| 0.74 | BMW3 | Bayerische Motoren Werke | PairCorr |
| 0.58 | HMC | Honda Motor | PairCorr |
| 0.37 | VOW | Volkswagen AG | PairCorr |
| 0.94 | WGO | Winnebago Industries | PairCorr |
| 0.81 | THO | Thor Industries | PairCorr |
| 0.64 | FMC1 | Ford Motor | PairCorr |
| 0.53 | VOWB | VOLKSWAGEN AG VZ | PairCorr |
| 0.48 | MMO | Mitsubishi Motors | PairCorr |
| 0.48 | YMA | Yamaha Motor | PairCorr |
| 0.42 | VOWA | VOLKSWAGEN ADR 110ON | PairCorr |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between ECD Stock performing well and ECD Automotive 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 ECD Automotive'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FTEL | 6.69 | (1.34) | 0.00 | (1.99) | 0.00 | 11.70 | 69.40 | |||
| JFBR | 9.24 | (1.40) | 0.00 | (6.45) | 0.00 | 13.75 | 167.88 | |||
| WBUY | 8.91 | 0.49 | 0.04 | 3.41 | 10.76 | 22.73 | 153.14 | |||
| FFAIW | 7.11 | (0.44) | 0.00 | (0.08) | 0.00 | 13.64 | 40.57 | |||
| NVVE | 9.13 | (2.61) | 0.00 | (0.62) | 0.00 | 16.80 | 91.81 | |||
| JXG | 6.90 | (0.37) | 0.00 | (5.32) | 0.00 | 17.46 | 90.68 | |||
| JWEL | 2.61 | 0.07 | 0.00 | 0.76 | 3.33 | 7.81 | 23.93 | |||
| IVP | 123,297 | 64,757 | 2,503 | (3.78) | 0.00 | 33.33 | 3,838,821 | |||
| EVTV | 17.73 | 5.31 | 0.48 | 1.44 | 9.11 | 35.05 | 471.75 | |||
| EJH | 4.83 | (0.77) | 0.00 | (0.47) | 0.00 | 8.60 | 31.64 |
ECD Automotive Corporate Management
| Teddy Lawrence | Head Sales | Profile | |
| Raymond Cole | Chief Officer | Profile | |
| Jolie | Controller | Profile | |
| Keven Kastner | Chief Officer | Profile | |
| Kevin Gonzalez | Head Content | Profile |