Arbor Realty Correlations

ABR Stock

USD 12.27 0.09 0.73%

The current 90-days correlation between Arbor Realty Trust and Two Harbors Investments is 0.29 (i.e., Modest diversification). The correlation of Arbor Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Arbor Realty Correlation With Market

Very weak diversification

The correlation between Arbor Realty Trust and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Arbor Realty Trust and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arbor Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Arbor Stock

0.62	DHIL	Diamond Hill Investment	Pair Corr
0.71	BX	Blackstone Group	Pair Corr
0.72	LC	LendingClub Corp	Pair Corr
0.66	MC	Moelis	Pair Corr
0.79	WD	Walker Dunlop	Pair Corr
0.78	WT	WisdomTree	Pair Corr
0.72	VRTS	Virtus Investment	Pair Corr
0.64	ECPG	Encore Capital Group	Pair Corr
0.79	WULF	Terawulf	Pair Corr

Moving against Arbor Stock

0.71	LU	Lufax Holding	Pair Corr
0.7	DB	Deutsche Bank AG	Pair Corr
0.62	LX	Lexinfintech Holdings	Pair Corr
0.46	V	Visa Class A	Pair Corr
0.44	AB	AllianceBernstein	Pair Corr
0.44	TW	Tradeweb Markets	Pair Corr
0.72	DMYY	dMY Squared Technology	Pair Corr
0.63	ARI	Apollo Commercial Real	Pair Corr
0.51	XP	Xp Inc	Pair Corr
0.47	DOMH	Dominari Holdings	Pair Corr
0.36	GCMGW	GCM Grosvenor	Pair Corr
0.33	WU	Western Union	Pair Corr

Related Correlations Analysis

	STWD	RC	TWO	AGNC	NLY	ARR	CIM	ARI	RITM
STWD		-0.54	0.92	0.91	0.93	0.85	-0.07	0.89	0.85	STWD
RC	-0.54		-0.61	-0.53	-0.59	-0.29	0.48	-0.58	-0.37	RC
TWO	0.92	-0.61		0.98	0.99	0.81	-0.16	0.94	0.91	TWO
AGNC	0.91	-0.53	0.98		0.99	0.83	-0.07	0.92	0.94	AGNC
NLY	0.93	-0.59	0.99	0.99		0.82	-0.11	0.92	0.93	NLY
ARR	0.85	-0.29	0.81	0.83	0.82		0.02	0.8	0.78	ARR
CIM	-0.07	0.48	-0.16	-0.07	-0.11	0.02		-0.32	0.09	CIM
ARI	0.89	-0.58	0.94	0.92	0.92	0.8	-0.32		0.86	ARI
RITM	0.85	-0.37	0.91	0.94	0.93	0.78	0.09	0.86		RITM
	STWD	RC	TWO	AGNC	NLY	ARR	CIM	ARI	RITM

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

NLY	+ 0.99	TWO
NLY	+ 0.99	AGNC
AGNC	+ 0.98	TWO
ARI	+ 0.94	TWO
RITM	+ 0.94	AGNC
NLY	+ 0.93	STWD

High negative correlations

TWO	- 0.61	RC
NLY	- 0.59	RC
ARI	- 0.58	RC
RC	- 0.54	STWD
AGNC	- 0.53	RC
RITM	- 0.37	RC

Risk-Adjusted Indicators

There is a big difference between Arbor Stock performing well and Arbor Realty Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Arbor Realty's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
STWD	0.95	0.07	0.07	0.03	1.23	(0.93)	1.79	(1.80)	4.80
RC	1.88	(0.36)	0.00	(0.31)	0.00	0.00	2.34	(4.10)	31.28
TWO	1.12	0.33	0.27	0.37	1.05	(1.27)	2.32	(1.60)	10.25
AGNC	0.85	0.18	0.20	0.22	0.85	(0.97)	1.90	(1.46)	4.66
NLY	1.03	0.24	0.22	0.24	1.04	(1.23)	2.42	(1.75)	6.82
ARR	0.82	0.04	0.06	0.01	1.12	(0.81)	1.59	(2.13)	4.93
CIM	1.19	(0.06)	0.00	(0.14)	0.00	0.00	2.63	(3.19)	10.76
ARI	1.14	0.21	0.18	0.21	1.11	(1.46)	2.56	(1.71)	11.61
RITM	0.94	0.15	0.13	0.13	1.13	(0.97)	2.59	(2.37)	6.50

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