Great Wall Correlations

GWLLY Stock

USD 18.39 0.31 1.71%

The current 90-days correlation between Great Wall Motor and Tesla Inc is 0.1 (i.e., Average diversification). The correlation of Great Wall 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.

Great Wall Correlation With Market

Good diversification

The correlation between Great Wall Motor and DJI is -0.11 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Great Wall Motor and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Great Wall could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Great Wall when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Great Wall - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Great Wall Motor to buy it.

Moving together with Great Pink Sheet

0.9	BYDDY	BYD Co	Pair Corr
0.87	BYDDF	BYD Limited	Pair Corr
0.85	TKURF	Tokyu REIT	Pair Corr
0.64	STLD	Steel Dynamics Fiscal Year End 28th of January 2025	Pair Corr
0.63	CRWD	Crowdstrike Holdings Earnings Call This Week	Pair Corr
0.75	APLD	Applied Blockchain Trending	Pair Corr
0.61	ADSK	Autodesk	Pair Corr

Moving against Great Pink Sheet

0.71	KSPI	Joint Stock	Pair Corr
0.57	TM	Toyota Motor	Pair Corr
0.54	TOYOF	Toyota Motor Corp	Pair Corr
0.54	MBGAF	Mercedes Benz Group	Pair Corr
0.53	MBGYY	Mercedes Benz Group	Pair Corr
0.5	VWAGY	Volkswagen AG 110	Pair Corr
0.47	VLKAF	Volkswagen AG	Pair Corr
0.47	SKM	SK Telecom	Pair Corr
0.44	VWAPY	Volkswagen AG Pref	Pair Corr
0.37	VLKPF	Volkswagen AG VZO	Pair Corr
0.31	HYMTF	Hyundai Motor	Pair Corr
0.56	EATBF	Eat Beyond Global	Pair Corr
0.47	AMIX	Autonomix Medical, Common Trending	Pair Corr
0.35	00108WAF7	AEP TEX INC	Pair Corr

Related Correlations Analysis

	MULN	TSLA	F	NIO	NSANF	GELYF	GELYY	HYMTF	ARGGY	AMGDF
MULN		-0.5	0.13	-0.59	0.36	-0.83	-0.84	0.32	0.63	0.54	MULN
TSLA	-0.5		0.32	-0.03	-0.3	0.63	0.61	-0.77	-0.44	-0.38	TSLA
F	0.13	0.32		-0.54	-0.01	0.04	0.06	-0.28	-0.09	-0.08	F
NIO	-0.59	-0.03	-0.54		-0.13	0.3	0.33	0.25	-0.2	-0.12	NIO
NSANF	0.36	-0.3	-0.01	-0.13		-0.38	-0.34	0.24	0.2	0.19	NSANF
GELYF	-0.83	0.63	0.04	0.3	-0.38		0.98	-0.65	-0.85	-0.8	GELYF
GELYY	-0.84	0.61	0.06	0.33	-0.34	0.98		-0.64	-0.84	-0.78	GELYY
HYMTF	0.32	-0.77	-0.28	0.25	0.24	-0.65	-0.64		0.62	0.6	HYMTF
ARGGY	0.63	-0.44	-0.09	-0.2	0.2	-0.85	-0.84	0.62		0.97	ARGGY
AMGDF	0.54	-0.38	-0.08	-0.12	0.19	-0.8	-0.78	0.6	0.97		AMGDF
	MULN	TSLA	F	NIO	NSANF	GELYF	GELYY	HYMTF	ARGGY	AMGDF

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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

GELYY	+ 0.98	GELYF
AMGDF	+ 0.97	ARGGY
ARGGY	+ 0.63	MULN
GELYF	+ 0.63	TSLA
ARGGY	+ 0.62	HYMTF
GELYY	+ 0.61	TSLA

High negative correlations

ARGGY	- 0.85	GELYF
ARGGY	- 0.84	GELYY
GELYY	- 0.84	MULN
GELYF	- 0.83	MULN
AMGDF	- 0.8	GELYF
AMGDF	- 0.78	GELYY

Risk-Adjusted Indicators

There is a big difference between Great Pink Sheet performing well and Great Wall 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 Great Wall'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
MULN	10.38	(1.92)	0.00	1.31	0.00	0.00	18.78	(17.65)	100.65
TSLA	3.19	0.49	0.19	0.30	2.84	(3.86)	8.19	(5.77)	28.06
F	1.39	(0.12)	(0.03)	0.02	2.20	(1.34)	2.53	(2.90)	11.72
NIO	3.76	0.29	0.05	0.50	4.33	(3.91)	10.96	(7.21)	23.87
NSANF	3.51	(0.05)	(0.01)	0.05	4.23	(5.33)	9.29	(7.56)	23.39
GELYF	3.31	0.95	0.19	(1.63)	3.38	(4.31)	8.02	(5.06)	25.96
GELYY	3.00	0.87	0.19	22.44	3.42	(3.27)	7.47	(5.05)	25.00
HYMTF	1.84	(0.18)	0.00	(1.31)	0.00	0.00	2.97	(3.58)	13.71
ARGGY	2.60	(0.59)	0.00	(2.75)	0.00	0.00	4.76	(5.49)	25.68
AMGDF	4.59	(0.41)	0.00	(0.61)	0.00	0.00	9.15	(12.05)	34.24

Be your own money manager

Our tools can tell you how much better you can do entering a position in Great Wall without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Great Wall Corporate Management

Hong Li	Joint CFO	Profile
Guo Zhao	Ex GM	Profile
Hai Wang	Head Department	Profile
Feng Mu	G Mang	Profile
Shu Hu	Deputy Mang	Profile
Zhi Yang	Head Center	Profile
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