Correlation Between AerCap Holdings and Walker Dunlop

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Can any of the company-specific risk be diversified away by investing in both AerCap Holdings and Walker Dunlop at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining AerCap Holdings and Walker Dunlop into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between AerCap Holdings NV and Walker Dunlop, you can compare the effects of market volatilities on AerCap Holdings and Walker Dunlop and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in AerCap Holdings with a short position of Walker Dunlop. Check out your portfolio center. Please also check ongoing floating volatility patterns of AerCap Holdings and Walker Dunlop.

Diversification Opportunities for AerCap Holdings and Walker Dunlop

-0.88
  Correlation Coefficient

Pay attention - limited upside

The 3 months correlation between AerCap and Walker is -0.88. Overlapping area represents the amount of risk that can be diversified away by holding AerCap Holdings NV and Walker Dunlop in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Walker Dunlop and AerCap Holdings is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on AerCap Holdings NV are associated (or correlated) with Walker Dunlop. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Walker Dunlop has no effect on the direction of AerCap Holdings i.e., AerCap Holdings and Walker Dunlop go up and down completely randomly.

Pair Corralation between AerCap Holdings and Walker Dunlop

Considering the 90-day investment horizon AerCap Holdings NV is expected to generate 0.68 times more return on investment than Walker Dunlop. However, AerCap Holdings NV is 1.46 times less risky than Walker Dunlop. It trades about 0.15 of its potential returns per unit of risk. Walker Dunlop is currently generating about -0.19 per unit of risk. If you would invest  12,203  in AerCap Holdings NV on September 12, 2025 and sell it today you would earn a total of  1,773  from holding AerCap Holdings NV or generate 14.53% return on investment over 90 days.
Time Period3 Months [change]
DirectionMoves Against 
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns

AerCap Holdings NV  vs.  Walker Dunlop

 Performance 
       Timeline  
AerCap Holdings NV 

Risk-Adjusted Performance

Fair

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in AerCap Holdings NV are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent technical and fundamental indicators, AerCap Holdings reported solid returns over the last few months and may actually be approaching a breakup point.
Walker Dunlop 

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Walker Dunlop has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's fundamental indicators remain rather sound which may send shares a bit higher in January 2026. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders.

AerCap Holdings and Walker Dunlop Volatility Contrast

   Predicted Return Density   
       Returns  

Pair Trading with AerCap Holdings and Walker Dunlop

The main advantage of trading using opposite AerCap Holdings and Walker Dunlop positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if AerCap Holdings position performs unexpectedly, Walker Dunlop can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Walker Dunlop will offset losses from the drop in Walker Dunlop's long position.
The idea behind AerCap Holdings NV and Walker Dunlop pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.
Check out your portfolio center.
Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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