Ford Correlations

Stocks . USA . 
Stock . Ford Motor
F Stock  USD 9.48  0.13  1.39%   
The current 90-days correlation between Ford Motor and Tesla Inc is 0.28 (i.e., Modest diversification). The correlation of Ford 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.

Ford Correlation With Market

Modest diversification

The correlation between Ford Motor and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ford Motor and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ford Motor. 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 Ford Stock

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Moving against Ford Stock

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  0.65DUOT Duos TechnologiesPairCorr
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  0.44TSLA Tesla Inc Sell-off TrendPairCorr
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Related Correlations Analysis

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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   
LCID
+ 0.79
TM
LCID
+ 0.77
RIVN
TSLA
+ 0.75
RIVN
TSLA
+ 0.61
LCID
LI
+ 0.54
XPEV
LI
+ 0.49
TM
  
High negative correlations   
NIO
- 0.4
LCID
NIO
- 0.38
TM
NIO
- 0.28
XPEV
NIO
- 0.18
RIVN
TSLA
- 0.16
NIO
TSLA
- 0.13
XPEV

Risk-Adjusted Indicators

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

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