PAH3.DE, XETRA

Porsche Automobil Holding SE (PAH3.DE)

Price (as of September 12)

66.84EUR

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

HYZN

Hyzon Motors Inc.

-0.07

FSR

Fisker Inc.

-0.03

TSLA

Tesla, Inc.

-0.03

LCID

Lucid Group, Inc.

-0.02

TTM

Tata Motors Limited

-0.01

GM

General Motors Company

0.01

F

Ford Motor Company

0.02

TM

Toyota Motor Corporation

0.02

HMC

Honda Motor Co., Ltd.

0.02

GOEV

Canoo Inc.

0.02

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Highest within Industry

Symbol Correlation

MBG.DE

Mercedes-Benz Group AG

0.62

BMW.DE

Bayerische Motoren Werke Aktiengesellschaft

0.61

VOW.DE

Volkswagen AG

0.34

BLBD

Blue Bird Corporation

0.16

ARVL

Arrival

0.08

NSANY

Nissan Motor Co., Ltd.

0.05

FFIE

Faraday Future Intelligent Electric Inc.

0.04

GOEV

Canoo Inc.

0.02

HMC

Honda Motor Co., Ltd.

0.02

TM

Toyota Motor Corporation

0.02

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Profile

Sector:
Consumer Cyclical
Industry:
Auto Manufacturers

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates through two segments, PSE and Intelligent Transport Systems. The company offers motorcycles, small cars, and luxury vehicles, as well as commercial vehicles, such as pick-ups, buses, and heavy trucks under the Volkswagen, Audi, SEAT, ŠKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Scania, and MAN brand names. It also develops software solutions for transport logistics, as well as traffic planning and management; and provides dealer and customer financing, leasing, banking, insurance, fleet management, and mobility services. Porsche has an agreement with ABB to develop a high-power charger for its electric vehicles in Japan. The company was formerly known as Dr. Ing. h.c. F. Porsche Aktiengesellschaft and changed its name to Porsche Automobil Holding SE in November 2007. Porsche Automobil Holding SE is headquartered in Stuttgart, Germany.