BMW.DE, XETRA

Bayerische Motoren Werke Aktiengesellschaft (BMW.DE)

Price (as of September 5)

75.11EUR

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

LCID

Lucid Group, Inc.

-0.05

HYZN

Hyzon Motors Inc.

-0.04

FSR

Fisker Inc.

-0.03

TSLA

Tesla, Inc.

-0.02

ARVL

Arrival

-0.01

TTM

Tata Motors Limited

0

F

Ford Motor Company

0.02

GM

General Motors Company

0.02

NSANY

Nissan Motor Co., Ltd.

0.03

FFIE

Faraday Future Intelligent Electric Inc.

0.04

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Highest within Industry

Symbol Correlation

MBG.DE

Mercedes-Benz Group AG

0.81

PAH3.DE

Porsche Automobil Holding SE

0.61

VOW.DE

Volkswagen AG

0.39

BLBD

Blue Bird Corporation

0.11

HMC

Honda Motor Co., Ltd.

0.06

TM

Toyota Motor Corporation

0.05

GOEV

Canoo Inc.

0.05

FFIE

Faraday Future Intelligent Electric Inc.

0.04

NSANY

Nissan Motor Co., Ltd.

0.03

GM

General Motors Company

0.02

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Profile

Sector:
Consumer Cyclical
Industry:
Auto Manufacturers

Bayerische Motoren Werke Aktiengesellschaft, together with its subsidiaries, develops, manufactures, and sells automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment is involved in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands. This segment sells its products through independent and authorized dealerships. The Motorcycles segment develops, manufactures, assembles, and sells motorcycles and scooters under the BMW Motorrad brand name, as well as spare parts and accessories. The Financial Services segment engages in automobile leasing, retail and dealership financing, multi-brand fleet, customer deposit, and insurance activities; and the provision of fleet management services under the Alphabet brand. The company was founded in 1916 and is based in Munich, Germany.