Mazda Correlations
| MZDAF Stock | USD 6.02 0.00 0.00% |
The current 90-days correlation between Mazda Motor and Yamaha Motor Co is -0.16 (i.e., Good diversification). The correlation of Mazda 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.
Mazda Correlation With Market
Significant diversification
The correlation between Mazda Motor and DJI is 0.07 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Mazda Motor and DJI in the same portfolio, assuming nothing else is changed.
Mazda |
The ability to find closely correlated positions to Mazda could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mazda 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 Mazda - 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 Mazda Motor to buy it.
Moving together with Mazda Pink Sheet
| 0.85 | VWAGY | Volkswagen AG 110 | PairCorr |
| 0.82 | MBGAF | Mercedes Benz Group | PairCorr |
| 0.84 | MBGYY | Mercedes Benz Group | PairCorr |
| 0.8 | VLKPF | Volkswagen AG VZO | PairCorr |
| 0.84 | VWAPY | Volkswagen AG Pref | PairCorr |
| 0.85 | VLKAF | Volkswagen AG | PairCorr |
| 0.8 | DPSTF | Deutsche Post AG | PairCorr |
Moving against Mazda Pink Sheet
| 0.84 | WMT | Walmart Aggressive Push | PairCorr |
| 0.83 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.78 | DIS | Walt Disney Aggressive Push | PairCorr |
| 0.73 | JXN-PA | Jackson Financial | PairCorr |
| 0.62 | MET | MetLife | PairCorr |
| 0.6 | HNHPF | Hon Hai Precision | PairCorr |
| 0.45 | ACN | Accenture plc | PairCorr |
| 0.34 | BYDDY | BYD Co | PairCorr |
| 0.85 | CSCO | Cisco Systems Aggressive Push | PairCorr |
| 0.81 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.8 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.8 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.77 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.72 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.68 | HD | Home Depot | PairCorr |
| 0.53 | HPQ | HP Inc | PairCorr |
| 0.34 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
Related Correlations Analysis
| 0.98 | 0.94 | 0.85 | 0.88 | 0.56 | POAHF | ||
| 0.98 | 0.97 | 0.89 | 0.91 | 0.6 | POAHY | ||
| 0.94 | 0.97 | 0.94 | 0.95 | 0.5 | VWAGY | ||
| 0.85 | 0.89 | 0.94 | 0.97 | 0.47 | BMWYY | ||
| 0.88 | 0.91 | 0.95 | 0.97 | 0.44 | MBGYY | ||
| 0.56 | 0.6 | 0.5 | 0.47 | 0.44 | YAMHF | ||
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Risk-Adjusted Indicators
There is a big difference between Mazda Pink Sheet performing well and Mazda 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 Mazda'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| POAHF | 1.87 | (0.27) | 0.00 | 0.58 | 0.00 | 3.66 | 11.47 | |||
| POAHY | 1.38 | (0.29) | 0.00 | 1.66 | 0.00 | 2.27 | 10.40 | |||
| VWAGY | 1.44 | (0.36) | 0.00 | 1.14 | 0.00 | 2.64 | 8.96 | |||
| BMWYY | 1.52 | (0.29) | 0.00 | 1.08 | 0.00 | 2.86 | 12.90 | |||
| MBGYY | 1.33 | (0.28) | 0.00 | 1.17 | 0.00 | 1.87 | 12.33 | |||
| YAMHF | 1.11 | (0.02) | 0.00 | 0.33 | 0.00 | 3.34 | 11.69 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mazda 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.Did you try this?
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Mazda Corporate Management
| Masaharu Kondo | Gen Division | Profile | |
| Masahiro Moro | Managing Executive Officer | Profile | |
| Yutaka Wasemori | Dy Dept | Profile | |
| Yasuhiro Aoyama | Executive Officer and General Manager of Global Sales and Marketing Division | Profile | |
| Masahiro Takeda | Gen Department | Profile |