Coupang LLC Correlations

CPNG Stock

USD 28.65 0.27 0.93%

The current 90-days correlation between Coupang LLC and Carvana Co is 0.3 (i.e., Weak diversification). The correlation of Coupang LLC 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.

Coupang LLC Correlation With Market

Weak diversification

The correlation between Coupang LLC and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Coupang LLC and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Coupang Stock

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

For more detail on how to invest in Coupang Stock please use our How to Invest in Coupang LLC guide.

Moving together with Coupang Stock

0.71	FNMFO	Federal National Mortgage	Pair Corr
0.84	BAC-PL	Bank of America	Pair Corr
0.73	WFC-PL	Wells Fargo	Pair Corr
0.62	GLW	Corning Incorporated	Pair Corr
0.72	GS	Goldman Sachs Group	Pair Corr
0.76	CLBT	Cellebrite DI Earnings Call Today	Pair Corr
0.7	IONQ	IONQ Inc	Pair Corr
0.61	FGI	FGI Industries	Pair Corr
0.67	UEC	Uranium Energy Corp	Pair Corr
0.65	TSLA	Tesla Inc	Pair Corr
0.7	ILLR	Triller Group	Pair Corr

Moving against Coupang Stock

0.55

MPXOF

MPX International Corp

Pair Corr

Related Correlations Analysis

	CVNA	JD	AZO	HLT	ROST	GM	EBAY	F	TCOM	RACE
CVNA		0.48	0.77	0.08	-0.57	-0.48	0.34	-0.45	0.4	0.74	CVNA
JD	0.48		0.22	-0.53	0.04	0.04	-0.09	0.1	0.6	0.24	JD
AZO	0.77	0.22		0.32	-0.74	-0.74	0.31	-0.73	0.18	0.77	AZO
HLT	0.08	-0.53	0.32		-0.31	-0.14	0.24	-0.23	-0.14	0.25	HLT
ROST	-0.57	0.04	-0.74	-0.31		0.81	-0.46	0.84	0.17	-0.71	ROST
GM	-0.48	0.04	-0.74	-0.14	0.81		-0.39	0.94	0.29	-0.56	GM
EBAY	0.34	-0.09	0.31	0.24	-0.46	-0.39		-0.38	-0.43	0.21	EBAY
F	-0.45	0.1	-0.73	-0.23	0.84	0.94	-0.38		0.24	-0.52	F
TCOM	0.4	0.6	0.18	-0.14	0.17	0.29	-0.43	0.24		0.19	TCOM
RACE	0.74	0.24	0.77	0.25	-0.71	-0.56	0.21	-0.52	0.19		RACE
	CVNA	JD	AZO	HLT	ROST	GM	EBAY	F	TCOM	RACE

Please upgrade your account to get full access to Macroaxis premium features

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

F	+ 0.94	GM
F	+ 0.84	ROST
GM	+ 0.81	ROST
AZO	+ 0.77	CVNA
RACE	+ 0.77	AZO
RACE	+ 0.74	CVNA

High negative correlations

GM	- 0.74	AZO
ROST	- 0.74	AZO
F	- 0.73	AZO
RACE	- 0.71	ROST
ROST	- 0.57	CVNA
RACE	- 0.56	GM

Risk-Adjusted Indicators

There is a big difference between Coupang Stock performing well and Coupang LLC 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 Coupang LLC'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
CVNA	2.74	(0.34)	0.00	(0.01)	0.00	0.00	5.53	(6.78)	20.14
JD	1.79	(0.14)	(0.04)	0.02	2.07	(1.89)	3.40	(2.93)	11.98
AZO	0.97	(0.12)	0.00	(3.27)	0.00	0.00	2.20	(2.36)	6.41
HLT	1.03	(0.02)	(0.04)	0.09	1.11	(1.21)	2.96	(2.07)	6.12
ROST	0.94	0.06	0.03	0.19	0.91	(0.99)	2.54	(1.51)	6.25
GM	1.30	0.29	0.28	0.36	0.80	(1.76)	2.84	(1.60)	16.84
EBAY	1.58	(0.28)	0.00	(0.07)	0.00	0.00	3.65	(2.89)	20.15
F	1.37	0.11	0.10	0.19	1.44	(1.62)	3.66	(1.73)	16.30
TCOM	1.47	0.20	0.15	0.29	1.14	(1.71)	3.42	(2.59)	17.85
RACE	1.48	(0.23)	0.00	(0.08)	0.00	0.00	2.83	(2.86)	18.11

Coupang LLC Corporate Management

Harold Rogers	Chief Administrative Officer	Profile
Pedro Franceschi	Director	Profile
Matthew Christensen	Independent Director	Profile
Hanseung Kang	Representative Director, Business Management	Profile
Harry You	Independent Director	Profile
Michael Parker	Vice Relations	Profile
Daejun Park	Representative Director, Business Development	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC