Airbus Group Correlations

EADSF Stock

USD 156.69 9.79 6.66%

The current 90-days correlation between Airbus Group SE and Airbus Group NV is 0.48 (i.e., Very weak diversification). The correlation of Airbus Group 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.

Airbus Group Correlation With Market

Good diversification

The correlation between Airbus Group SE and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Airbus Group SE and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Airbus Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airbus Group 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 Airbus Group - 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 Airbus Group SE to buy it.

Moving together with Airbus Pink Sheet

0.9

EADSY

Airbus Group NV

Pair Corr

Moving against Airbus Pink Sheet

0.45	BAC-PL	Bank of America	Pair Corr
0.39	LMT	Lockheed Martin Fiscal Year End 28th of January 2025	Pair Corr
0.37	IBM	International Business Fiscal Year End 22nd of January 2025	Pair Corr

Related Correlations Analysis

	EADSY	PKE	RYCEF	TGI	SAFRY	ERJ	BAESY	AIR	MOG-A	VVX
EADSY		0.32	0.45	0.16	0.31	-0.03	0.25	-0.31	0.04	0.45	EADSY
PKE	0.32		0.35	0.88	0.29	0.66	0.01	0.22	0.71	0.61	PKE
RYCEF	0.45	0.35		0.15	0.73	0.03	-0.02	-0.37	0.28	0.79	RYCEF
TGI	0.16	0.88	0.15		0.24	0.75	-0.17	0.38	0.78	0.46	TGI
SAFRY	0.31	0.29	0.73	0.24		0.4	0.0	0.1	0.58	0.51	SAFRY
ERJ	-0.03	0.66	0.03	0.75	0.4		-0.1	0.66	0.77	0.09	ERJ
BAESY	0.25	0.01	-0.02	-0.17	0.0	-0.1		0.1	0.02	0.1	BAESY
AIR	-0.31	0.22	-0.37	0.38	0.1	0.66	0.1		0.55	-0.31	AIR
MOG-A	0.04	0.71	0.28	0.78	0.58	0.77	0.02	0.55		0.5	MOG-A
VVX	0.45	0.61	0.79	0.46	0.51	0.09	0.1	-0.31	0.5		VVX
	EADSY	PKE	RYCEF	TGI	SAFRY	ERJ	BAESY	AIR	MOG-A	VVX

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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

TGI	+ 0.88	PKE
VVX	+ 0.79	RYCEF
MOG-A	+ 0.78	TGI
MOG-A	+ 0.77	ERJ
ERJ	+ 0.75	TGI
SAFRY	+ 0.73	RYCEF

High negative correlations

AIR	- 0.37	RYCEF
VVX	- 0.31	AIR
AIR	- 0.31	EADSY
BAESY	- 0.17	TGI
BAESY	- 0.1	ERJ
ERJ	- 0.03	EADSY

Risk-Adjusted Indicators

There is a big difference between Airbus Pink Sheet performing well and Airbus 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 Airbus 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
EADSY	1.34	(0.09)	(0.08)	0.00	1.59	(1.49)	3.50	(3.16)	7.38
PKE	1.28	0.00	0.07	0.13	1.01	(1.66)	2.61	(2.02)	12.34
RYCEF	1.42	(0.05)	0.00	0.09	1.97	(1.57)	2.74	(3.88)	10.11
TGI	2.64	0.41	0.16	0.43	2.39	(3.21)	6.23	(4.53)	26.21
SAFRY	1.01	0.00	(0.03)	0.13	1.20	(1.05)	2.52	(2.47)	7.82
ERJ	2.02	0.08	0.05	0.19	1.98	(2.53)	4.31	(3.28)	11.70
BAESY	1.34	(0.31)	0.00	(0.17)	0.00	0.00	2.37	(4.12)	7.54
AIR	1.51	(0.10)	0.00	0.07	1.98	(1.65)	2.64	(3.52)	14.62
MOG-A	1.36	(0.06)	0.06	0.10	1.50	(1.48)	2.69	(2.44)	14.78
VVX	1.80	(0.14)	0.00	0.06	2.87	(1.84)	3.85	(3.74)	20.17

Be your own money manager

Our tools can tell you how much better you can do entering a position in Airbus Group 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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Airbus Group Corporate Management

Thierry Baril	Chief Human Resources Officer of EADS and Airbus, Member of the Executive Committee	Profile
Sabine Klauke	Chief Officer	Profile
Alberto Gutierrez	Chief Officer	Profile
Helene Gorgeu	Head Communication	Profile
Julie Kitcher	Head of Investor Relations	Profile
Catherine Jestin	Chief Management	Profile
John Harrison	Group General Counsel Airbus Group, Member of the Executive Committee	Profile

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