Fanhua Correlations

Summary

FANHDelisted Stock

USD 1.25 0.29 18.83%

The current 90-days correlation between Fanhua Inc and Erie Indemnity is 0.11 (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.

Fanhua Correlation With Market

Average diversification

The correlation between Fanhua Inc and DJI is 0.15 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fanhua Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Fanhua Stock

0.67

AHT

Ashford Hospitality Trust

Pair Corr

Moving against Fanhua Stock

0.59	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr
0.47	JNJ	Johnson Johnson Sell-off Trend	Pair Corr
0.46	KO	Coca Cola Aggressive Push	Pair Corr
0.35	QLGN	Qualigen Therapeutics Upward Rally	Pair Corr
0.34	PG	Procter Gamble	Pair Corr
0.34	DD	Dupont De Nemours Fiscal Year End 4th of February 2025	Pair Corr
0.31	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr

Related Correlations Analysis

	ERIE	CRD-A	CRD-B	BRP	CRVL	BRO	AJG	TIRX	WTW	SLQT
ERIE		-0.47	-0.26	-0.6	-0.48	-0.7	-0.2	0.35	-0.72	-0.02	ERIE
CRD-A	-0.47		0.88	0.08	0.55	0.7	-0.09	-0.04	0.64	-0.51	CRD-A
CRD-B	-0.26	0.88		-0.08	0.33	0.5	-0.28	0.09	0.44	-0.51	CRD-B
BRP	-0.6	0.08	-0.08		0.07	0.29	0.34	-0.28	0.1	0.46	BRP
CRVL	-0.48	0.55	0.33	0.07		0.82	0.33	-0.46	0.81	-0.07	CRVL
BRO	-0.7	0.7	0.5	0.29	0.82		0.42	-0.4	0.9	-0.14	BRO
AJG	-0.2	-0.09	-0.28	0.34	0.33	0.42		-0.49	0.32	0.39	AJG
TIRX	0.35	-0.04	0.09	-0.28	-0.46	-0.4	-0.49		-0.46	-0.37	TIRX
WTW	-0.72	0.64	0.44	0.1	0.81	0.9	0.32	-0.46		-0.2	WTW
SLQT	-0.02	-0.51	-0.51	0.46	-0.07	-0.14	0.39	-0.37	-0.2		SLQT
	ERIE	CRD-A	CRD-B	BRP	CRVL	BRO	AJG	TIRX	WTW	SLQT

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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	+ 0.9	BRO
CRD-B	+ 0.88	CRD-A
BRO	+ 0.82	CRVL
WTW	+ 0.81	CRVL
BRO	+ 0.7	CRD-A
WTW	+ 0.64	CRD-A

High negative correlations

WTW	- 0.72	ERIE
BRO	- 0.7	ERIE
BRP	- 0.6	ERIE
SLQT	- 0.51	CRD-B
SLQT	- 0.51	CRD-A
TIRX	- 0.49	AJG

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
ERIE	1.42	(0.24)	0.00	(0.19)	0.00	0.00	2.13	(3.12)	10.81
CRD-A	1.63	0.07	0.05	0.14	1.85	(1.72)	3.76	(2.98)	9.20
CRD-B	1.85	0.00	0.01	0.10	2.55	(1.79)	3.68	(3.95)	12.03
BRP	2.02	(0.01)	(0.01)	0.09	2.74	(1.92)	4.05	(4.84)	12.03
CRVL	1.42	0.02	0.08	0.11	1.27	(1.69)	3.26	(2.23)	13.45
BRO	0.90	0.04	0.00	0.18	1.02	(1.01)	1.88	(2.06)	5.25
AJG	0.90	0.02	(0.03)	0.16	1.15	(0.92)	2.16	(1.61)	5.31
TIRX	3.84	(0.12)	0.00	(0.06)	0.00	0.00	8.47	(7.39)	20.59
WTW	0.78	0.12	0.06	0.39	0.74	(0.82)	1.80	(1.63)	4.68
SLQT	4.05	(0.30)	0.00	(0.06)	0.00	0.00	9.54	(6.91)	53.50

Delisting Warning - FANH

Fanhua Inc was delisted

The entity Fanhua Inc with a symbol FANH was delisted from NASDAQ Exchange. Please try Fanhua Inc with a symbol AIFU from now on. Check all delisted instruments accross multiple markets.

Still Interested in Fanhua Inc?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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