Lucid Correlations

LCID Stock

USD 9.92 0.36 3.50%

The current 90-days correlation between Lucid Group and Group 1 Automotive is 0.28 (i.e., Modest diversification). The correlation of Lucid 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.

Lucid Correlation With Market

Excellent diversification

The correlation between Lucid Group and DJI is -0.57 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lucid Group and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Lucid Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lucid Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Lucid Stock

0.61	RNL	Renault SA Earnings Call Tomorrow	Pair Corr
0.61	RNL	Renault SA Earnings Call Tomorrow	Pair Corr
0.89	ECDA	ECD Automotive Design	Pair Corr
0.71	EMPD	Empery Digital Symbol Change	Pair Corr
0.79	DCX	Digital Currency X Symbol Change	Pair Corr
0.77	NIO	Nio Class A	Pair Corr
0.65	0O9	Niu Technologies	Pair Corr
0.76	XPEV	Xpeng Inc	Pair Corr
0.75	2FE	Ferrari NV	Pair Corr
0.62	MOM	Mahindra Mahindra	Pair Corr
0.77	N3IA	Nio Class A	Pair Corr

Moving against Lucid Stock

0.71	TM	Toyota Motor	Pair Corr
0.66	GM	General Motors	Pair Corr
0.6	BMW3	Bayerische Motoren Werke	Pair Corr
0.49	F	Ford Motor Aggressive Push	Pair Corr
0.45	HMC	Honda Motor	Pair Corr
0.32	IMY	Immsi SpA	Pair Corr
0.77	WGO	Winnebago Industries	Pair Corr
0.65	THO	Thor Industries	Pair Corr
0.47	VOWB	VOLKSWAGEN AG VZ	Pair Corr
0.45	VOWA	VOLKSWAGEN ADR 110ON	Pair Corr
0.43	FMC1	Ford Motor	Pair Corr
0.38	MMO	Mitsubishi Motors	Pair Corr
0.34	YMA	Yamaha Motor	Pair Corr

Related Correlations Analysis

	GPI	GNTX	BBWI	ABG	VFS	REYN	SEE	VFC	LEA	THO
GPI		-0.42	-0.52	0.44	0.28	0.48	0.0	-0.35	-0.65	-0.58	GPI
GNTX	-0.42		0.73	0.49	-0.09	-0.41	-0.14	0.81	0.86	0.69	GNTX
BBWI	-0.52	0.73		0.25	0.24	-0.32	-0.24	0.49	0.72	0.62	BBWI
ABG	0.44	0.49	0.25		0.08	0.01	0.04	0.58	0.26	0.31	ABG
VFS	0.28	-0.09	0.24	0.08		-0.01	-0.34	-0.31	-0.15	-0.28	VFS
REYN	0.48	-0.41	-0.32	0.01	-0.01		0.02	-0.44	-0.49	-0.39	REYN
SEE	0.0	-0.14	-0.24	0.04	-0.34	0.02		0.14	-0.03	0.09	SEE
VFC	-0.35	0.81	0.49	0.58	-0.31	-0.44	0.14		0.8	0.79	VFC
LEA	-0.65	0.86	0.72	0.26	-0.15	-0.49	-0.03	0.8		0.83	LEA
THO	-0.58	0.69	0.62	0.31	-0.28	-0.39	0.09	0.79	0.83		THO
	GPI	GNTX	BBWI	ABG	VFS	REYN	SEE	VFC	LEA	THO

Please upgrade your account to get full access to Macroaxis premium features

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

LEA	+ 0.86	GNTX
THO	+ 0.83	LEA
VFC	+ 0.81	GNTX
LEA	+ 0.8	VFC
THO	+ 0.79	VFC
BBWI	+ 0.73	GNTX

High negative correlations

LEA	- 0.65	GPI
THO	- 0.58	GPI
BBWI	- 0.52	GPI
LEA	- 0.49	REYN
VFC	- 0.44	REYN
GNTX	- 0.42	GPI

Risk-Adjusted Indicators

There is a big difference between Lucid Stock performing well and Lucid 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 Lucid'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
GPI	1.24	(0.24)	0.00	(0.25)	0.00	0.00	2.58	(2.66)	11.48
GNTX	1.14	0.06	0.04	0.11	1.21	(1.49)	2.72	(2.01)	8.90
BBWI	2.63	0.21	0.05	0.16	4.70	(2.76)	5.29	(4.16)	26.82
ABG	1.55	0.01	0.02	0.05	1.98	(1.73)	3.65	(2.74)	12.64
VFS	1.55	(0.13)	0.00	(0.09)	0.00	0.00	2.98	(3.66)	9.89
REYN	1.16	(0.06)	0.00	(0.05)	0.00	0.00	2.23	(2.27)	14.28
SEE	0.73	0.22	0.18	(0.30)	0.49	(0.90)	1.70	(0.97)	19.98
VFC	2.28	0.41	0.19	0.24	2.08	(2.76)	5.28	(4.83)	16.55
LEA	1.55	0.30	0.20	0.25	1.25	(1.79)	3.79	(2.89)	12.29
THO	1.75	0.17	0.07	0.25	2.12	(1.96)	4.33	(3.01)	14.53

Lucid Corporate Management

Gagan Dhingra	Principal Accounting	Profile
Emad Dlala	Senior Powertrain	Profile
Peter Rawlinson	CTO CEO	Profile
Gale Halsey	Senior People	Profile
Brian Tomkiel	General Secretary	Profile
Eric Bach	Senior Engineer	Profile
Zak Edson	Vice Service	Profile

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