Lilium NV Correlations

LILM Stock

USD 0.78 0.01 1.29%

The current 90-days correlation between Lilium NV and Ehang Holdings is 0.4 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lilium NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lilium NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Lilium NV Correlation With Market

Modest diversification

The correlation between Lilium NV and DJI is 0.22 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lilium NV and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lilium NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

To learn how to invest in Lilium Stock, please use our How to Invest in Lilium NV guide.

Moving together with Lilium Stock

0.67	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.85	DPRO	Draganfly Trending	Pair Corr
0.74	EVEX	Eve Holding	Pair Corr
0.66	HXL	Hexcel Fiscal Year End 22nd of January 2025	Pair Corr
0.88	KWE	KWESST Micro Systems Fiscal Year End 15th of January 2025	Pair Corr
0.61	RDW	Redwire Corp	Pair Corr
0.82	TGI	Triumph Group	Pair Corr
0.61	WWD	Woodward Fiscal Year End 21st of November 2024	Pair Corr
0.68	LILMW	Lilium Equity Warrants	Pair Corr
0.71	KWESW	KWESST Micro Systems	Pair Corr

Moving against Lilium Stock

0.83	NOC	Northrop Grumman Fiscal Year End 23rd of January 2025	Pair Corr
0.8	LMT	Lockheed Martin Fiscal Year End 28th of January 2025	Pair Corr
0.77	HWM	Howmet Aerospace	Pair Corr
0.67	HEI	Heico Fiscal Year End 16th of December 2024	Pair Corr
0.63	ESLT	Elbit Systems	Pair Corr
0.62	ERJ	Embraer SA ADR	Pair Corr
0.58	CVU	CPI Aerostructures	Pair Corr
0.55	CW	Curtiss Wright	Pair Corr
0.51	GD	General Dynamics Fiscal Year End 22nd of January 2025	Pair Corr
0.44	DCO	Ducommun Incorporated	Pair Corr
0.42	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.81	RTX	Raytheon Technologies Fiscal Year End 28th of January 2025	Pair Corr
0.77	ISSC	Innovative Solutions and	Pair Corr
0.72	SIF	SIFCO Industries	Pair Corr
0.68	LOAR	Loar Holdings	Pair Corr
0.62	MRCY	Mercury Systems	Pair Corr
0.48	TDG	Transdigm Group Fiscal Year End 14th of November 2024	Pair Corr
0.38	LUNR	Intuitive Machines	Pair Corr

Related Correlations Analysis

	EVTL	EH	ASTR	RKLB	ACHR	EVEX	DPRO	HEI	SPCE	PL
EVTL		-0.15	0.68	-0.72	0.75	0.11	0.57	-0.7	0.61	0.33	EVTL
EH	-0.15		-0.03	0.43	0.05	0.41	0.23	0.1	0.23	0.09	EH
ASTR	0.68	-0.03		-0.67	0.78	0.1	0.73	-0.86	0.32	0.24	ASTR
RKLB	-0.72	0.43	-0.67		-0.69	0.02	-0.52	0.81	-0.28	0.1	RKLB
ACHR	0.75	0.05	0.78	-0.69		0.54	0.9	-0.88	0.67	0.06	ACHR
EVEX	0.11	0.41	0.1	0.02	0.54		0.61	-0.24	0.49	-0.2	EVEX
DPRO	0.57	0.23	0.73	-0.52	0.9	0.61		-0.84	0.57	-0.06	DPRO
HEI	-0.7	0.1	-0.86	0.81	-0.88	-0.24	-0.84		-0.39	0.08	HEI
SPCE	0.61	0.23	0.32	-0.28	0.67	0.49	0.57	-0.39		0.18	SPCE
PL	0.33	0.09	0.24	0.1	0.06	-0.2	-0.06	0.08	0.18		PL
	EVTL	EH	ASTR	RKLB	ACHR	EVEX	DPRO	HEI	SPCE	PL

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

DPRO	+ 0.9	ACHR
HEI	+ 0.81	RKLB
ACHR	+ 0.78	ASTR
ACHR	+ 0.75	EVTL
DPRO	+ 0.73	ASTR
ASTR	+ 0.68	EVTL

High negative correlations

HEI	- 0.88	ACHR
HEI	- 0.86	ASTR
HEI	- 0.84	DPRO
RKLB	- 0.72	EVTL
HEI	- 0.7	EVTL
ACHR	- 0.69	RKLB

Risk-Adjusted Indicators

There is a big difference between Lilium Stock performing well and Lilium NV 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 Lilium NV'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
EVTL	4.35	(0.44)	0.00	(0.14)	0.00	0.00	11.62	(9.29)	25.75
EH	4.00	0.33	0.08	0.30	4.97	(4.49)	12.49	(6.92)	28.39
ASTR	2.55	(0.07)	0.00	(0.55)	0.00	0.00	5.17	(7.35)	15.15
RKLB	3.81	0.86	0.27	0.46	3.00	(4.57)	12.54	(5.14)	21.78
ACHR	3.09	(0.73)	0.00	(0.24)	0.00	0.00	6.71	(5.94)	19.28
EVEX	3.08	(0.20)	(0.01)	0.02	4.01	(3.36)	7.20	(7.03)	18.96
DPRO	6.71	(0.29)	0.00	(0.06)	0.00	0.00	17.06	(12.07)	53.49
HEI	1.05	0.09	0.07	0.18	1.31	(1.09)	2.42	(2.00)	6.39
SPCE	4.51	(0.61)	0.00	(0.05)	0.00	0.00	10.31	(8.25)	21.96
PL	4.14	0.02	0.05	0.10	6.44	(4.46)	9.56	(8.86)	44.35

Lilium NV Corporate Management

Karim Jalbout	Chief Officer	Profile
Yves Yemsi	Chief Officer	Profile
Klaus Roewe	Chief Officer	Profile
Sebastien Borel	Chief Officer	Profile
Johan Malmqvist	Chief Officer	Profile
Stephen Vellacott	Chief Officer	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

2024 Macroaxis LLC