Correlation Between CVR Partners and VinFast Auto

Can any of the company-specific risk be diversified away by investing in both CVR Partners and VinFast Auto 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 CVR Partners and VinFast Auto into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between CVR Partners LP and VinFast Auto Ltd, you can compare the effects of market volatilities on CVR Partners and VinFast Auto 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 CVR Partners with a short position of VinFast Auto. Check out your portfolio center. Please also check ongoing floating volatility patterns of CVR Partners and VinFast Auto.

Diversification Opportunities for CVR Partners and VinFast Auto

-0.26

Correlation Coefficient

CVR Partners  VinFast Auto

Very good diversification

The 3 months correlation between CVR and VinFast is -0.26. Overlapping area represents the amount of risk that can be diversified away by holding CVR Partners LP and VinFast Auto Ltd in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on VinFast Auto and CVR Partners 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 CVR Partners LP are associated (or correlated) with VinFast Auto. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of VinFast Auto has no effect on the direction of CVR Partners i.e., CVR Partners and VinFast Auto go up and down completely randomly.

Pair Corralation between CVR Partners and VinFast Auto

Considering the 90-day investment horizon CVR Partners LP is expected to generate 0.88 times more return on investment than VinFast Auto. However, CVR Partners LP is 1.14 times less risky than VinFast Auto. It trades about 0.09 of its potential returns per unit of risk. VinFast Auto Ltd is currently generating about -0.04 per unit of risk. If you would invest  8,445  in CVR Partners LP on July 24, 2025 and sell it today you would earn a total of  720.00  from holding CVR Partners LP or generate 8.53% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

CVR Partners LP  vs.  VinFast Auto Ltd

CVR Partners LP

Risk-Adjusted Performance

Fair

Compared to the overall equity markets, risk-adjusted returns on investments in CVR Partners LP are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, CVR Partners may actually be approaching a critical reversion point that can send shares even higher in November 2025.

VinFast Auto

Risk-Adjusted Performance

Weakest

Over the last 90 days VinFast Auto Ltd has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable technical and fundamental indicators, VinFast Auto is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors.

Pair Trading with CVR Partners and VinFast Auto

The main advantage of trading using opposite CVR Partners and VinFast Auto positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if CVR Partners position performs unexpectedly, VinFast Auto 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 VinFast Auto will offset losses from the drop in VinFast Auto's long position.

The idea behind CVR Partners LP and VinFast Auto Ltd pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.