Fanhua Correlations

AIFU Stock

1.10 0.10 8.33%

The current 90-days correlation between Fanhua Inc and eHealth is 0.09 (i.e., Significant diversification). The correlation of Fanhua 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.

Fanhua Correlation With Market

Significant diversification

The correlation between Fanhua Inc and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fanhua Inc and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fanhua Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Fanhua Stock

0.61

BWIN

Baldwin Insurance Symbol Change

Pair Corr

Moving against Fanhua Stock

0.44	WTW	Willis Towers Watson	Pair Corr
0.42	GOCO	GoHealth Upward Rally	Pair Corr
0.35	L	Loews Corp	Pair Corr
0.33	AON	Aon PLC	Pair Corr
0.33	TWFG	TWFG, Class A	Pair Corr
0.33	C	Citigroup Fiscal Year End 10th of January 2025	Pair Corr
0.55	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr
0.51	V	Visa Class A	Pair Corr
0.51	AX	Axos Financial	Pair Corr
0.5	CM	Canadian Imperial Bank	Pair Corr
0.49	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.47	DHIL	Diamond Hill Investment	Pair Corr
0.39	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.34	DIST	Distoken Acquisition	Pair Corr

Related Correlations Analysis

	EHTH	ERIE	AJG	AON	BRO	MMC	WTW	GOCO	ZBAO	HUIZ
EHTH		-0.78	0.36	0.63	0.46	-0.14	0.7	0.71	-0.81	0.42	EHTH
ERIE	-0.78		-0.34	-0.79	-0.58	0.16	-0.76	-0.87	0.68	-0.3	ERIE
AJG	0.36	-0.34		0.73	0.82	0.74	0.68	0.37	-0.37	-0.21	AJG
AON	0.63	-0.79	0.73		0.9	0.38	0.84	0.8	-0.51	-0.09	AON
BRO	0.46	-0.58	0.82	0.9		0.56	0.8	0.63	-0.3	-0.26	BRO
MMC	-0.14	0.16	0.74	0.38	0.56		0.23	0.01	0.17	-0.6	MMC
WTW	0.7	-0.76	0.68	0.84	0.8	0.23		0.68	-0.63	0.13	WTW
GOCO	0.71	-0.87	0.37	0.8	0.63	0.01	0.68		-0.49	0.07	GOCO
ZBAO	-0.81	0.68	-0.37	-0.51	-0.3	0.17	-0.63	-0.49		-0.52	ZBAO
HUIZ	0.42	-0.3	-0.21	-0.09	-0.26	-0.6	0.13	0.07	-0.52		HUIZ
	EHTH	ERIE	AJG	AON	BRO	MMC	WTW	GOCO	ZBAO	HUIZ

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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

BRO	+ 0.9	AON
WTW	+ 0.84	AON
BRO	+ 0.82	AJG
GOCO	+ 0.8	AON
WTW	+ 0.8	BRO
MMC	+ 0.74	AJG

High negative correlations

GOCO	- 0.87	ERIE
ZBAO	- 0.81	EHTH
AON	- 0.79	ERIE
ERIE	- 0.78	EHTH
WTW	- 0.76	ERIE
ZBAO	- 0.63	WTW

Risk-Adjusted Indicators

There is a big difference between Fanhua Stock performing well and Fanhua 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 Fanhua'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
EHTH	3.16	1.15	0.36	(2.83)	2.03	(3.82)	8.74	(4.68)	16.43
ERIE	1.35	(0.37)	0.00	(0.39)	0.00	0.00	2.14	(3.12)	10.81
AJG	1.01	(0.12)	0.00	(0.14)	0.00	0.00	2.16	(2.18)	5.44
AON	0.72	0.00	(0.02)	0.06	0.88	(0.77)	1.43	(1.49)	7.95
BRO	0.92	(0.06)	0.00	(0.02)	0.00	0.00	1.88	(2.13)	6.33
MMC	0.71	(0.15)	0.00	(0.24)	0.00	0.00	1.25	(1.36)	5.01
WTW	0.86	0.06	0.02	0.17	1.01	(0.88)	2.05	(1.72)	6.26
GOCO	3.60	0.68	0.17	(0.86)	3.16	(4.47)	9.12	(5.47)	17.48
ZBAO	4.25	(0.89)	0.00	(5.09)	0.00	0.00	9.52	(10.67)	34.05
HUIZ	30.90	15.25	1.41	(0.87)	6.73	(52.70)	14.29	(14.46)	1,055

Fanhua Corporate Executives

Elected by the shareholders, the Fanhua's board of directors comprises two types of representatives: Fanhua inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fanhua. The board's role is to monitor Fanhua's management team and ensure that shareholders' interests are well served. Fanhua's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fanhua's outside directors are responsible for providing unbiased perspectives on the board's policies.

Lichong Liu

VP COO

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