AFC Gamma Correlations

AFCG Stock

USD 9.64 0.06 0.63%

The current 90-days correlation between AFC Gamma and Ellington Residential Mortgage is 0.27 (i.e., Modest diversification). The correlation of AFC Gamma 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.

AFC Gamma Correlation With Market

Modest diversification

The correlation between AFC Gamma and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AFC Gamma 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 AFC Gamma. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more detail on how to invest in AFC Stock please use our How to Invest in AFC Gamma guide.

Moving together with AFC Stock

0.73	WU	Western Union	Pair Corr
0.63	XP	Xp Inc Downward Rally	Pair Corr
0.7	EARN	Ellington Residential	Pair Corr

Moving against AFC Stock

0.61	LC	LendingClub Corp	Pair Corr
0.59	GS	Goldman Sachs Group Sell-off Trend	Pair Corr
0.58	V	Visa Class A	Pair Corr
0.58	MS	Morgan Stanley Sell-off Trend	Pair Corr
0.5	QD	Qudian Inc	Pair Corr
0.49	LX	Lexinfintech Holdings Trending	Pair Corr
0.45	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.45	PX	P10 Inc	Pair Corr
0.44	MA	Mastercard	Pair Corr
0.39	DHIL	Diamond Hill Investment	Pair Corr
0.39	BN	Brookfield Corp	Pair Corr
0.38	CG	Carlyle Group	Pair Corr
0.35	MC	Moelis	Pair Corr
0.57	ENVA	Enova International	Pair Corr
0.54	SF	Stifel Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.54	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr
0.53	VRTS	Virtus Investment	Pair Corr
0.52	WT	WisdomTree	Pair Corr
0.52	EZPW	EZCORP Inc	Pair Corr
0.5	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.5	WULF	Terawulf Buyout Trend	Pair Corr
0.46	VINP	Vinci Partners Inves	Pair Corr

Related Correlations Analysis

	EARN	ORC	EFC	ACRE	CHMI	TWO	RC	AGNC	IVR
EARN		0.59	0.69	0.21	0.36	0.71	0.48	0.73	0.67	EARN
ORC	0.59		0.83	0.69	0.08	0.58	0.75	0.59	0.53	ORC
EFC	0.69	0.83		0.5	0.37	0.84	0.82	0.64	0.5	EFC
ACRE	0.21	0.69	0.5		-0.29	0.11	0.56	0.22	0.25	ACRE
CHMI	0.36	0.08	0.37	-0.29		0.71	0.24	0.54	0.59	CHMI
TWO	0.71	0.58	0.84	0.11	0.71		0.69	0.81	0.65	TWO
RC	0.48	0.75	0.82	0.56	0.24	0.69		0.52	0.35	RC
AGNC	0.73	0.59	0.64	0.22	0.54	0.81	0.52		0.85	AGNC
IVR	0.67	0.53	0.5	0.25	0.59	0.65	0.35	0.85		IVR
	EARN	ORC	EFC	ACRE	CHMI	TWO	RC	AGNC	IVR

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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

IVR	+ 0.85	AGNC
TWO	+ 0.84	EFC
EFC	+ 0.83	ORC
RC	+ 0.82	EFC
AGNC	+ 0.81	TWO
RC	+ 0.75	ORC

High negative correlations

CHMI

- 0.29

ACRE

Risk-Adjusted Indicators

There is a big difference between AFC Stock performing well and AFC Gamma 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 AFC Gamma'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
EARN	0.84	(0.02)	(0.10)	0.02	0.97	(1.01)	1.88	(1.85)	5.24
ORC	0.85	(0.04)	(0.08)	(0.01)	1.39	(0.80)	1.66	(2.11)	6.32
EFC	0.64	(0.08)	0.00	(0.13)	0.00	0.00	0.97	(1.16)	4.21
ACRE	1.36	0.01	0.00	0.12	1.69	(1.48)	2.72	(2.67)	13.22
CHMI	1.13	(0.38)	0.00	(1.34)	0.00	0.00	1.83	(2.45)	12.10
TWO	0.95	(0.28)	0.00	(0.33)	0.00	0.00	1.42	(2.21)	8.41
RC	1.27	(0.24)	0.00	(0.12)	0.00	0.00	2.95	(2.57)	8.18
AGNC	0.82	(0.04)	0.00	(0.18)	0.00	0.00	1.49	(2.10)	5.49
IVR	1.05	(0.03)	(0.07)	0.01	1.50	(1.04)	1.85	(2.89)	6.35

AFC Gamma Corporate Management

Michael Attar	Controller Office	Profile
Brandon Hetzel	VP Controller	Profile
Hailey Nicholas	Accounting Mang	Profile
Brett Kaufman	CFO Treasurer	Profile
Gabriel Katz	Chief Officer	Profile
Ian Kirby	Chief Staff	Profile

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