📊 Asset Correlations

Toyota vs Hyundai

Toyota · Hyundai Motor — 0.32, ranging -0.06 to +0.77 year by year

• +0.32normally
• +0.30in crashes
• -0.06 ~ +0.771-year range
• 1.47positions if held 50/50

Nothing surprising, and that is the answer

They correlate 0.32, and +0.30 in crashes — not much of a change.

The one-year correlation does range -0.06 to +0.77, so the curve tells you more than the average.

Try it on your own portfolio

Opens with these two already entered. Add what you hold and the vs the rest and New columns answer whether to add one more.

Weekly returns, 607 weeks since 2015, every price converted to USD. “Crashes” means the 5% of weeks Toyota fell hardest. One sample, one window — not a promise about the future.