Correlation Between Faraday Future and Vision Marine
Can any of the company-specific risk be diversified away by investing in both Faraday Future and Vision Marine 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 Faraday Future and Vision Marine into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Faraday Future Intelligent and Vision Marine Technologies, you can compare the effects of market volatilities on Faraday Future and Vision Marine 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 Faraday Future with a short position of Vision Marine. Check out your portfolio center. Please also check ongoing floating volatility patterns of Faraday Future and Vision Marine.
Diversification Opportunities for Faraday Future and Vision Marine
-0.03 | Correlation Coefficient |
Good diversification
The 3 months correlation between Faraday and Vision is -0.03. Overlapping area represents the amount of risk that can be diversified away by holding Faraday Future Intelligent and Vision Marine Technologies in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Vision Marine Techno and Faraday Future 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 Faraday Future Intelligent are associated (or correlated) with Vision Marine. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Vision Marine Techno has no effect on the direction of Faraday Future i.e., Faraday Future and Vision Marine go up and down completely randomly.
Pair Corralation between Faraday Future and Vision Marine
Assuming the 90 days horizon Faraday Future Intelligent is expected to generate 2.9 times more return on investment than Vision Marine. However, Faraday Future is 2.9 times more volatile than Vision Marine Technologies. It trades about 0.01 of its potential returns per unit of risk. Vision Marine Technologies is currently generating about -0.1 per unit of risk. If you would invest 6.97 in Faraday Future Intelligent on August 17, 2025 and sell it today you would lose (3.21) from holding Faraday Future Intelligent or give up 46.05% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Insignificant |
| Accuracy | 100.0% |
| Values | Daily Returns |
Faraday Future Intelligent vs. Vision Marine Technologies
Performance |
| Timeline |
| Faraday Future Intel |
| Vision Marine Techno |
Faraday Future and Vision Marine Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Faraday Future and Vision Marine
The main advantage of trading using opposite Faraday Future and Vision Marine positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Faraday Future position performs unexpectedly, Vision Marine 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 Vision Marine will offset losses from the drop in Vision Marine's long position.| Faraday Future vs. Vision Marine Technologies | Faraday Future vs. ZOOZ Power Ltd | Faraday Future vs. MKDWELL Tech Ordinary | Faraday Future vs. Jeffs Brands |
| Vision Marine vs. Faraday Future Intelligent | Vision Marine vs. EZGO Technologies | Vision Marine vs. MKDWELL Tech Ordinary | Vision Marine vs. Connexa Sports Technologies |
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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