Massimo Group Correlations

MAMO Stock

3.16 0.04 1.25%

The current 90-days correlation between Massimo Group Common and China Automotive Systems is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Massimo Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Massimo Group Common moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Massimo Group Correlation With Market

Significant diversification

The correlation between Massimo Group Common and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Massimo Group Common and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Massimo Stock

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

Moving against Massimo Stock

0.48	WTER	Alkaline Water	Pair Corr
0.39	PKX	POSCO Holdings	Pair Corr
0.39	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.33	EC	Ecopetrol SA ADR	Pair Corr
0.31	PIFMY	Indofood Sukses Makmur	Pair Corr
0.31	LIN	Linde plc Ordinary Earnings Call This Week	Pair Corr

Related Correlations Analysis

	CAAS	CJET	CLAR	VRM	AKA	FFAI	PLBY	DIBS	BSET	COOK
CAAS		-0.16	0.5	-0.3	-0.23	-0.17	0.0	0.17	0.36	0.63	CAAS
CJET	-0.16		-0.37	0.35	0.6	0.76	-0.62	-0.8	-0.57	-0.21	CJET
CLAR	0.5	-0.37		-0.43	-0.06	-0.3	0.24	0.37	0.21	0.24	CLAR
VRM	-0.3	0.35	-0.43		0.01	0.43	-0.2	-0.28	0.04	0.18	VRM
AKA	-0.23	0.6	-0.06	0.01		0.36	-0.5	-0.63	-0.59	-0.36	AKA
FFAI	-0.17	0.76	-0.3	0.43	0.36		-0.39	-0.62	-0.31	-0.19	FFAI
PLBY	0.0	-0.62	0.24	-0.2	-0.5	-0.39		0.83	0.54	0.03	PLBY
DIBS	0.17	-0.8	0.37	-0.28	-0.63	-0.62	0.83		0.72	0.26	DIBS
BSET	0.36	-0.57	0.21	0.04	-0.59	-0.31	0.54	0.72		0.62	BSET
COOK	0.63	-0.21	0.24	0.18	-0.36	-0.19	0.03	0.26	0.62		COOK
	CAAS	CJET	CLAR	VRM	AKA	FFAI	PLBY	DIBS	BSET	COOK

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

DIBS	+ 0.83	PLBY
FFAI	+ 0.76	CJET
BSET	+ 0.72	DIBS
COOK	+ 0.63	CAAS
COOK	+ 0.62	BSET
AKA	+ 0.6	CJET

High negative correlations

DIBS	- 0.8	CJET
DIBS	- 0.63	AKA
DIBS	- 0.62	FFAI
PLBY	- 0.62	CJET
BSET	- 0.59	AKA
BSET	- 0.57	CJET

Risk-Adjusted Indicators

There is a big difference between Massimo Stock performing well and Massimo Group 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 Massimo Group'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
CAAS	1.48	(0.02)	(0.02)	0.00	1.81	(1.58)	3.00	(3.15)	11.14
CJET	7.72	(4.75)	0.00	(6.31)	0.00	0.00	9.23	(22.15)	60.91
CLAR	1.85	0.19	0.08	0.18	2.24	(2.04)	3.66	(3.78)	18.58
VRM	4.57	(0.37)	0.00	(0.08)	0.00	0.00	10.94	(7.63)	22.81
AKA	3.16	(0.31)	0.00	(0.29)	0.00	0.00	6.54	(6.20)	21.24
FFAI	3.63	(0.57)	0.00	(0.29)	0.00	0.00	8.11	(8.11)	20.97
PLBY	3.47	0.35	0.07	(1.20)	4.16	(3.93)	6.43	(7.10)	33.37
DIBS	2.97	0.74	0.26	0.56	2.36	(3.99)	9.58	(4.63)	23.12
BSET	1.51	0.06	0.03	0.10	1.63	(1.83)	3.67	(3.24)	9.55
COOK	4.72	0.22	0.05	0.11	5.06	(6.10)	10.99	(9.80)	37.58

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