Lilium NV Correlations

LILM Stock

USD 0.08 0.01 10.00%

The current 90-days correlation between Lilium NV and Momentus is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lilium NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lilium NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Lilium NV Correlation With Market

Good diversification

The correlation between Lilium NV and DJI is -0.19 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lilium NV and DJI in the same portfolio, assuming nothing else is changed.

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

To learn how to invest in Lilium Stock, please use our How to Invest in Lilium NV guide.

Moving together with Lilium Stock

0.74	EVTL	Vertical Aerospace	Pair Corr
0.86	HII	Huntington Ingalls	Pair Corr
0.77	KWE	KWESST Micro Systems Fiscal Year End 15th of January 2025	Pair Corr
0.65	RGR	Sturm Ruger	Pair Corr
0.72	SIF	SIFCO Industries	Pair Corr
0.68	LILMW	Lilium Equity Warrants	Pair Corr

Moving against Lilium Stock

0.91	ESLT	Elbit Systems	Pair Corr
0.76	DRS	Leonardo DRS, Common	Pair Corr
0.73	LHX	L3Harris Technologies Fiscal Year End 23rd of January 2025	Pair Corr
0.72	CW	Curtiss Wright	Pair Corr
0.68	HWM	Howmet Aerospace	Pair Corr
0.58	CAE	CAE Inc	Pair Corr
0.52	EH	Ehang Holdings	Pair Corr
0.46	ERJ	Embraer SA ADR	Pair Corr
0.45	PL	Planet Labs PBC	Pair Corr
0.36	CVU	CPI Aerostructures	Pair Corr
0.89	LOAR	Loar Holdings	Pair Corr
0.75	RDW	Redwire Corp	Pair Corr
0.75	ISSC	Innovative Solutions and	Pair Corr
0.73	PKE	Park Electrochemical	Pair Corr
0.7	TGI	Triumph Group	Pair Corr
0.64	LUNR	Intuitive Machines Trending	Pair Corr
0.62	VVX	V2X Inc	Pair Corr
0.46	WWD	Woodward	Pair Corr
0.39	KTOS	Kratos Defense Security	Pair Corr

Related Correlations Analysis

	EVTL	EH	RKLB	ACHR	EVEX	DPRO	HEI	SPCE	PL
EVTL		-0.56	-0.74	-0.15	-0.43	0.17	-0.4	-0.01	-0.11	EVTL
EH	-0.56		0.54	0.11	0.53	0.44	0.07	0.36	0.26	EH
RKLB	-0.74	0.54		0.65	0.34	-0.06	0.58	0.35	0.62	RKLB
ACHR	-0.15	0.11	0.65		-0.25	-0.14	0.26	0.34	0.84	ACHR
EVEX	-0.43	0.53	0.34	-0.25		0.3	0.45	0.19	-0.19	EVEX
DPRO	0.17	0.44	-0.06	-0.14	0.3		-0.08	0.11	0.14	DPRO
HEI	-0.4	0.07	0.58	0.26	0.45	-0.08		-0.04	0.19	HEI
SPCE	-0.01	0.36	0.35	0.34	0.19	0.11	-0.04		0.39	SPCE
PL	-0.11	0.26	0.62	0.84	-0.19	0.14	0.19	0.39		PL
	EVTL	EH	RKLB	ACHR	EVEX	DPRO	HEI	SPCE	PL

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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

PL	+ 0.84	ACHR
ACHR	+ 0.65	RKLB
PL	+ 0.62	RKLB
HEI	+ 0.58	RKLB
RKLB	+ 0.54	EH
EVEX	+ 0.53	EH

High negative correlations

RKLB	- 0.74	EVTL
EH	- 0.56	EVTL
EVEX	- 0.43	EVTL
HEI	- 0.4	EVTL
EVEX	- 0.25	ACHR
PL	- 0.19	EVEX

Risk-Adjusted Indicators

There is a big difference between Lilium Stock performing well and Lilium NV 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 Lilium NV'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
EVTL	5.34	(0.79)	0.00	(0.95)	0.00	0.00	12.47	(11.43)	35.67
EH	4.58	0.50	0.09	0.98	4.89	(5.25)	12.49	(7.06)	38.09
RKLB	4.14	1.62	0.48	0.71	2.64	(5.00)	12.54	(4.74)	36.25
ACHR	3.63	0.50	0.14	0.45	3.02	(4.84)	10.00	(5.57)	24.09
EVEX	2.42	0.25	0.10	0.23	2.67	(2.75)	7.12	(4.21)	15.48
DPRO	5.59	(0.48)	0.00	(0.13)	0.00	0.00	12.98	(11.40)	35.77
HEI	1.11	0.13	0.09	0.20	1.24	(1.15)	2.49	(2.16)	6.49
SPCE	3.89	(0.14)	0.02	0.05	4.39	(4.18)	9.21	(7.06)	28.44
PL	3.24	0.04	0.04	0.10	5.92	(3.50)	7.62	(6.18)	37.79

Lilium NV Corporate Management

Karim Jalbout	Chief Officer	Profile
Yves Yemsi	Chief Officer	Profile
Klaus Roewe	Chief Officer	Profile
Sebastien Borel	Chief Officer	Profile
Johan Malmqvist	Chief Officer	Profile
Stephen Vellacott	Chief Officer	Profile

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