Intuitive Machines Correlations

LUNR Stock

14.00 1.93 15.99%

The current 90-days correlation between Intuitive Machines and Redwire Corp is 0.29 (i.e., Modest diversification). The correlation of Intuitive Machines 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Intuitive Machines Correlation With Market

Modest diversification

The correlation between Intuitive Machines and DJI is 0.21 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Intuitive Machines 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 Intuitive Machines. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

To learn how to invest in Intuitive Stock, please use our How to Invest in Intuitive Machines guide.

Moving together with Intuitive Stock

0.8	CW	Curtiss Wright	Pair Corr
0.72	VSEC	VSE Corporation	Pair Corr
0.73	ESLT	Elbit Systems	Pair Corr
0.82	CAE	CAE Inc	Pair Corr
0.75	DRS	Leonardo DRS, Common	Pair Corr
0.69	ERJ	Embraer SA ADR	Pair Corr
0.68	HEI	Heico Fiscal Year End 16th of December 2024	Pair Corr
0.87	HWM	Howmet Aerospace	Pair Corr
0.71	LHX	L3Harris Technologies Fiscal Year End 23rd of January 2025	Pair Corr
0.64	PKE	Park Electrochemical	Pair Corr
0.86	RDW	Redwire Corp	Pair Corr
0.75	TGI	Triumph Group	Pair Corr
0.66	WWD	Woodward	Pair Corr

Moving against Intuitive Stock

0.81	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.77	EVTL	Vertical Aerospace	Pair Corr
0.77	SPR	Spirit Aerosystems	Pair Corr
0.73	HII	Huntington Ingalls	Pair Corr
0.63	RGR	Sturm Ruger	Pair Corr
0.6	KWE	KWESST Micro Systems Fiscal Year End 15th of January 2025	Pair Corr
0.48	SIF	SIFCO Industries	Pair Corr
0.79	LILMW	Lilium Equity Warrants	Pair Corr
0.77	KITTW	Nauticus Robotics	Pair Corr
0.73	KITT	Nauticus Robotics	Pair Corr
0.64	SHMDW	SCHMID Group NV	Pair Corr

Related Correlations Analysis

	RDW	SIDU	RKLB	MNTS	LLAP	PL	SPCE	EVEX
RDW		-0.8	0.95	-0.07	-0.39	0.64	0.53	0.43	RDW
SIDU	-0.8		-0.9	0.3	0.56	-0.44	-0.25	-0.28	SIDU
RKLB	0.95	-0.9		-0.19	-0.48	0.62	0.35	0.34	RKLB
MNTS	-0.07	0.3	-0.19		0.57	0.29	0.17	-0.33	MNTS
LLAP	-0.39	0.56	-0.48	0.57		0.36	0.03	-0.66	LLAP
PL	0.64	-0.44	0.62	0.29	0.36		0.39	-0.19	PL
SPCE	0.53	-0.25	0.35	0.17	0.03	0.39		0.19	SPCE
EVEX	0.43	-0.28	0.34	-0.33	-0.66	-0.19	0.19		EVEX
	RDW	SIDU	RKLB	MNTS	LLAP	PL	SPCE	EVEX

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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

RKLB	+ 0.95	RDW
PL	+ 0.64	RDW
PL	+ 0.62	RKLB
LLAP	+ 0.57	MNTS
LLAP	+ 0.56	SIDU
SPCE	+ 0.53	RDW

High negative correlations

RKLB	- 0.9	SIDU
SIDU	- 0.8	RDW
EVEX	- 0.66	LLAP
LLAP	- 0.48	RKLB
PL	- 0.44	SIDU
LLAP	- 0.39	RDW

Risk-Adjusted Indicators

There is a big difference between Intuitive Stock performing well and Intuitive Machines 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 Intuitive Machines' 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
RDW	3.44	0.68	0.23	0.35	3.18	(4.23)	8.12	(6.07)	18.16
SIDU	4.49	(1.18)	0.00	(0.59)	0.00	0.00	7.56	(10.51)	64.78
RKLB	4.14	1.62	0.48	0.71	2.64	(5.00)	12.54	(4.74)	36.25
MNTS	9.95	0.88	0.15	0.19	8.86	(16.50)	12.96	(15.52)	192.95
LLAP	4.12	(1.29)	0.00	(15.21)	0.00	0.00	4.17	(8.57)	51.59
PL	3.24	0.04	0.04	0.10	5.92	(3.50)	7.62	(6.18)	37.79
SPCE	3.89	(0.14)	0.02	0.05	4.39	(4.18)	9.21	(7.06)	28.44
EVEX	2.42	0.25	0.10	0.23	2.67	(2.75)	7.12	(4.21)	15.48

Intuitive Machines Corporate Management

Ben Bussey	Chief Scientist	Profile
Steven Vontur	Chief Controller	Profile
Jade Marcantel	Chief Officer	Profile
Anna Jones	General Secretary	Profile

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