American Realty Correlations

ARL Stock

USD 14.73 0.63 4.47%

The current 90-days correlation between American Realty Investors and Landsea Homes Corp is 0.08 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Realty Investors moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

American Realty Correlation With Market

Weak diversification

The correlation between American Realty Investors and DJI is 0.3 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Realty Investors 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 American Realty Investors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with American Stock

0.72	STHO	Star Holdings	Pair Corr
0.73	HR	Healthcare Realty Trust	Pair Corr
0.83	KW	Kennedy Wilson Holdings	Pair Corr
0.64	OZ	Belpointe PREP LLC	Pair Corr
0.82	PK	Park Hotels Resorts Sell-off Trend	Pair Corr
0.72	RC	Ready Capital Corp	Pair Corr
0.69	UE	Urban Edge Properties	Pair Corr
0.86	ADC-PA	Agree Realty	Pair Corr
0.71	EQIX	Equinix	Pair Corr
0.71	ESBA	Empire State Realty	Pair Corr

Moving against American Stock

0.57	DX	Dynex Capital	Pair Corr
0.71	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.51	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.51	MITT-PC	AG Mortgage Investment	Pair Corr
0.5	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.43	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.39	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.33	MITT-PA	AG Mortgage Investment	Pair Corr
0.55	CDR-PC	Cedar Realty Trust	Pair Corr
0.45	WELL	Welltower	Pair Corr
0.42	ACR	Acres Commercial Realty	Pair Corr

Related Correlations Analysis

	FOR	LSEA	FPH	GGE	AXR
FOR		0.87	-0.71	0.0	0.85	FOR
LSEA	0.87		-0.41	0.0	0.86	LSEA
FPH	-0.71	-0.41		0.0	-0.47	FPH
GGE	0.0	0.0	0.0		0.0	GGE
AXR	0.85	0.86	-0.47	0.0		AXR
	FOR	LSEA	FPH	GGE	AXR

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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

LSEA	+ 0.87	FOR
AXR	+ 0.86	LSEA
AXR	+ 0.85	FOR
GGE	+ 0.0	FOR
GGE	+ 0.0	LSEA
GGE	+ 0.0	FPH

High negative correlations

FPH	- 0.71	FOR
AXR	- 0.47	FPH
FPH	- 0.41	LSEA
AXR	- 0.0	GGE
GGE	- 0.0	FPH
GGE	- 0.0	LSEA

Risk-Adjusted Indicators

There is a big difference between American Stock performing well and American 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 American 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
FOR	1.68	(0.37)	0.00	(0.57)	0.00	0.00	3.43	(3.32)	15.29
LSEA	2.49	(0.52)	0.00	(0.29)	0.00	0.00	5.57	(5.14)	27.89
FPH	2.71	0.70	0.25	0.61	2.16	(3.62)	5.34	(4.97)	47.46
GGE	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AXR	2.46	(0.49)	0.00	(0.90)	0.00	0.00	4.16	(6.68)	16.29

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