Intuitive Machines Correlations

LUNR Stock

7.12 0.27 3.65%

The current 90-days correlation between Intuitive Machines and Redwire Corp is 0.14 (i.e., Average 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 0.22 (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

0.84	CW	Curtiss Wright	Pair Corr
0.75	GD	General Dynamics Fiscal Year End 22nd of January 2025	Pair Corr
0.87	GE	GE Aerospace Fiscal Year End 28th of January 2025	Pair Corr
0.9	CVU	CPI Aerostructures	Pair Corr
0.62	DCO	Ducommun Incorporated	Pair Corr
0.76	ERJ	Embraer SA ADR	Pair Corr
0.85	HEI	Heico Fiscal Year End 16th of December 2024	Pair Corr
0.64	HWM	Howmet Aerospace	Pair Corr
0.62	LMT	Lockheed Martin Fiscal Year End 28th of January 2025	Pair Corr
0.65	NOC	Northrop Grumman Fiscal Year End 23rd of January 2025	Pair Corr
0.71	SIF	SIFCO Industries	Pair Corr
0.89	TDG	Transdigm Group Fiscal Year End 14th of November 2024	Pair Corr
0.66	VVX	V2X Inc	Pair Corr

Moving against Intuitive Stock

0.77	EVTL	Vertical Aerospace	Pair Corr
0.75	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.59	DPRO	Draganfly Trending	Pair Corr
0.68	SPR	Spirit Aerosystems	Pair Corr
0.59	TGI	Triumph Group	Pair Corr
0.45	HXL	Hexcel Fiscal Year End 22nd of January 2025	Pair Corr
0.42	KWE	KWESST Micro Systems Fiscal Year End 15th of January 2025	Pair Corr
0.39	LILMW	Lilium Equity Warrants	Pair Corr
0.84	KITTW	Nauticus Robotics	Pair Corr
0.73	AAIIQ	Alabama Aircraft Ind	Pair Corr

Related Correlations Analysis

	RDW	SIDU	RKLB	MNTS	LLAP	ASTR	PL	SPCE	EVEX
RDW		0.2	0.28	0.09	0.24	0.01	0.08	0.58	0.79	RDW
SIDU	0.2		0.18	0.53	-0.4	0.05	0.35	0.23	-0.2	SIDU
RKLB	0.28	0.18		-0.16	-0.68	-0.69	0.02	-0.27	0.04	RKLB
MNTS	0.09	0.53	-0.16		-0.18	0.14	0.46	0.22	-0.18	MNTS
LLAP	0.24	-0.4	-0.68	-0.18		0.69	-0.23	0.41	0.55	LLAP
ASTR	0.01	0.05	-0.69	0.14	0.69		0.24	0.34	0.06	ASTR
PL	0.08	0.35	0.02	0.46	-0.23	0.24		0.07	-0.25	PL
SPCE	0.58	0.23	-0.27	0.22	0.41	0.34	0.07		0.48	SPCE
EVEX	0.79	-0.2	0.04	-0.18	0.55	0.06	-0.25	0.48		EVEX
	RDW	SIDU	RKLB	MNTS	LLAP	ASTR	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

EVEX	+ 0.79	RDW
ASTR	+ 0.69	LLAP
SPCE	+ 0.58	RDW
EVEX	+ 0.55	LLAP
MNTS	+ 0.53	SIDU
EVEX	+ 0.48	SPCE

High negative correlations

ASTR	- 0.69	RKLB
LLAP	- 0.68	RKLB
LLAP	- 0.4	SIDU
SPCE	- 0.27	RKLB
EVEX	- 0.25	PL
PL	- 0.23	LLAP

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	3.82	(0.03)	0.02	0.10	4.49	(4.16)	8.38	(7.06)	21.68
SIDU	5.09	0.42	0.04	(0.78)	5.82	(6.89)	8.49	(7.40)	63.24
RKLB	3.79	0.80	0.26	0.46	2.96	(4.52)	12.54	(5.14)	21.78
MNTS	9.35	1.75	0.34	0.37	5.92	(15.78)	14.81	(12.12)	101.40
LLAP	4.87	(1.51)	0.00	(3.98)	0.00	0.00	7.14	(13.04)	51.59
ASTR	2.55	(0.06)	0.00	(7.25)	0.00	0.00	5.17	(7.35)	15.15
PL	4.14	0.41	0.05	1.76	6.44	(4.46)	9.56	(8.86)	44.35
SPCE	4.37	(0.53)	0.00	(0.02)	0.00	0.00	10.31	(7.92)	21.96
EVEX	3.09	(0.26)	(0.01)	0.02	3.96	(3.46)	7.20	(7.03)	18.96

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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