MBG.DE, XETRA

Mercedes-Benz Group AG (MBG.DE)

Price (as of September 5)

57.58EUR

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.

-0.04

HYZN

Hyzon Motors Inc.

-0.03

TSLA

Tesla, Inc.

-0.03

ARVL

Arrival

-0.01

TTM

Tata Motors Limited

-0.01

GM

General Motors Company

0

F

Ford Motor Company

0.02

HMC

Honda Motor Co., Ltd.

0.04

NSANY

Nissan Motor Co., Ltd.

0.05

TM

Toyota Motor Corporation

0.06

Show more

Highest within Industry

Symbol Correlation

BMW.DE

Bayerische Motoren Werke Aktiengesellschaft

0.81

PAH3.DE

Porsche Automobil Holding SE

0.62

VOW.DE

Volkswagen AG

0.33

BLBD

Blue Bird Corporation

0.15

FFIE

Faraday Future Intelligent Electric Inc.

0.08

GOEV

Canoo Inc.

0.06

TM

Toyota Motor Corporation

0.06

NSANY

Nissan Motor Co., Ltd.

0.05

HMC

Honda Motor Co., Ltd.

0.04

F

Ford Motor Company

0.02

Show more

Profile

Sector:
Consumer Cyclical
Industry:
Auto Manufacturers

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. The company develops, manufactures, and sells passenger cars comprising premium and luxury vehicles of the Mercedes-Benz brand, including the Mercedes-AMG, G-Class, Mercedes-Maybach, and Mercedes-EQ brands, as well as small cars under the smart brand; ecosystem of Mercedes-Benz under the Mercedes me brand; and vans under the Mercedes-Benz and Freightliner brands, as well as related spare parts and accessories. It also provides financing and leasing packages for end-customers and dealers; automotive insurance brokerage and banking services; car subscription and car rental, and fleet management, as well as digital services for charging and payment; and mobility services. The company was formerly known as Daimler AG and changed its name to Mercedes-Benz Group AG in February 2022. Mercedes-Benz Group AG was founded in 1886 and is headquartered in Stuttgart, Germany.