GGR, NasdaqGS

Gogoro Inc. (GGR)

Price (as of September 27)

4.07USD

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

ADNT

Adient plc

-0.06

AEVA

Aeva Technologies, Inc.

-0.02

ALV

Autoliv, Inc.

0.01

ALSN

Allison Transmission Holdings, Inc.

0.03

ALLG

Allego N.V.

0.09

Highest within Industry

Symbol Correlation

ALLG

Allego N.V.

0.09

ALSN

Allison Transmission Holdings, Inc.

0.03

ALV

Autoliv, Inc.

0.01

AEVA

Aeva Technologies, Inc.

-0.02

ADNT

Adient plc

-0.06


Profile

Sector:
Consumer Cyclical
Industry:
Auto Parts

Gogoro Inc. manufactures two-wheeled electric vehicle. The company offers two-wheeled electric scooter that provides cloud connectivity and electric powertrain that utilizes swappable battery infrastructure for gathering, analyzing, and sharing riding data through a mobile application on the rider’s smartphone. It also operates battery swapping infrastructure network for electric vehicles that can be deployed across the cities to provide portable power through battery vending machines. Gogoro Inc. has a strategic partnership with Foxconn Electronics Inc. The company was founded in 2011 and is based in Taoyuan City, Taiwan.