Correlations

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Automotive Total Industry Volume (TIV)

Automotive total industry volume (TIV) is used to measure how many cars that are made in foreign countries and are imported in Malaysia as fully operating vehicles or normally called Completely Built Up cars (CBU). Naturally, Automotive TIV has a positive correlation with companies’ revenue that are involved in car distribution and retail business.




Note:

  • Correlations score shown above is representing Pearson correlation coefficient (Pearson's r).
  • Newly listed companies have been filtered out due to lack of data points.