Garrett Motion Correlations

GTX Stock

USD 18.04 0.21 1.15%

The current 90-days correlation between Garrett Motion and Visteon Corp is 0.64 (i.e., Poor diversification). The correlation of Garrett Motion 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.

Garrett Motion Correlation With Market

Very poor diversification

The correlation between Garrett Motion and DJI is 0.85 (i.e., Very poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Garrett Motion and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Garrett Stock

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garrett Motion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.

Moving together with Garrett Stock

0.7	7FZ	INTER CARS SA	Pair Corr
0.89	ALV	Autoliv	Pair Corr
0.81	DAN	Dana Inc	Pair Corr
0.86	LEA	Lear Earnings Call This Week	Pair Corr
0.62	108	Sumitomo Rubber Indu	Pair Corr
0.75	GNTX	Gentex	Pair Corr
0.77	1NX	SANOK RUBBER ZY	Pair Corr
0.63	SAR	Saratoga Investment Corp	Pair Corr
0.69	ACN	Accenture plc	Pair Corr
0.8	FHRT	First Hartford	Pair Corr
0.71	PAA	Plains All American	Pair Corr
0.72	SPGX	Sustainable Projects	Pair Corr
0.66	DRDGF	Drdgold	Pair Corr
0.79	LIN	Linde plc Ordinary Earnings Call This Week	Pair Corr
0.62	DIN	Dine Brands Global	Pair Corr

Moving against Garrett Stock

0.37	M4HA	METAIR INVTS LTD	Pair Corr
0.32	DORM	Dorman Products	Pair Corr

Related Correlations Analysis

	VC	RUSHA	DORM	HOG	CARG	PVH	HSAI	DAN	MHO
VC		-0.76	0.67	0.81	0.12	0.77	-0.38	-0.75	-0.23	VC
RUSHA	-0.76		-0.59	-0.82	0.08	-0.74	0.65	0.9	0.6	RUSHA
DORM	0.67	-0.59		0.82	-0.19	0.69	-0.22	-0.55	-0.14	DORM
HOG	0.81	-0.82	0.82		-0.3	0.83	-0.41	-0.76	-0.32	HOG
CARG	0.12	0.08	-0.19	-0.3		-0.02	0.01	-0.08	0.03	CARG
PVH	0.77	-0.74	0.69	0.83	-0.02		-0.66	-0.82	-0.11	PVH
HSAI	-0.38	0.65	-0.22	-0.41	0.01	-0.66		0.77	0.28	HSAI
DAN	-0.75	0.9	-0.55	-0.76	-0.08	-0.82	0.77		0.5	DAN
MHO	-0.23	0.6	-0.14	-0.32	0.03	-0.11	0.28	0.5		MHO
	VC	RUSHA	DORM	HOG	CARG	PVH	HSAI	DAN	MHO

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

DAN	+ 0.9	RUSHA
PVH	+ 0.83	HOG
HOG	+ 0.82	DORM
HOG	+ 0.81	VC
PVH	+ 0.77	VC
DAN	+ 0.77	HSAI

High negative correlations

DAN	- 0.82	PVH
HOG	- 0.82	RUSHA
DAN	- 0.76	HOG
RUSHA	- 0.76	VC
DAN	- 0.75	VC
PVH	- 0.74	RUSHA

Risk-Adjusted Indicators

There is a big difference between Garrett Stock performing well and Garrett Motion 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 Garrett Motion'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
VC	1.53	(0.24)	0.00	(0.14)	0.00	0.00	3.85	(2.92)	8.62
RUSHA	1.35	0.33	0.19	0.30	1.44	(1.46)	3.25	(2.49)	10.82
DORM	1.29	(0.35)	0.00	(0.26)	0.00	0.00	3.17	(2.39)	9.77
HOG	1.40	(0.50)	0.00	(0.33)	0.00	0.00	2.41	(3.31)	8.88
CARG	1.38	(0.17)	0.00	(0.16)	0.00	0.00	2.84	(3.16)	12.39
PVH	2.00	(0.52)	0.00	(0.23)	0.00	0.00	3.87	(4.38)	17.23
HSAI	3.37	0.02	0.02	0.04	4.16	(3.95)	9.39	(8.17)	28.14
DAN	1.95	0.54	0.30	0.33	1.34	(2.30)	5.08	(3.03)	13.40
MHO	1.52	0.02	0.02	0.05	1.77	(1.65)	4.51	(3.54)	10.17

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