Claros Mortgage Correlations

CMTG Stock

USD 4.13 0.02 0.48%

The current 90-days correlation between Claros Mortgage Trust and Invesco Mortgage Capital is 0.34 (i.e., Weak diversification). The correlation of Claros Mortgage 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.

Claros Mortgage Correlation With Market

Average diversification

The correlation between Claros Mortgage Trust and DJI is 0.14 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Claros Mortgage 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 Claros Mortgage 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 estimate.

Moving together with Claros Stock

0.7	DHIL	Diamond Hill Investment	Pair Corr
0.72	WD	Walker Dunlop	Pair Corr
0.62	WT	WisdomTree	Pair Corr
0.69	VRTS	Virtus Investment	Pair Corr
0.62	WULF	Terawulf	Pair Corr
0.63	ABR	Arbor Realty Trust	Pair Corr

Moving against Claros Stock

0.77	V	Visa Class A	Pair Corr
0.71	GCMGW	GCM Grosvenor	Pair Corr
0.67	DOMH	Dominari Holdings Earnings Call This Week	Pair Corr
0.66	MA	Mastercard Sell-off Trend	Pair Corr
0.5	LX	Lexinfintech Holdings	Pair Corr
0.49	PT	Pintec Technology	Pair Corr
0.47	XP	Xp Inc	Pair Corr
0.46	DMYY	dMY Squared Technology	Pair Corr
0.43	AC	Associated Capital	Pair Corr
0.43	DB	Deutsche Bank AG	Pair Corr
0.41	GS	Goldman Sachs Group	Pair Corr
0.39	AB	AllianceBernstein	Pair Corr
0.39	LU	Lufax Holding	Pair Corr
0.78	FDUS	Fidus Investment Corp	Pair Corr
0.73	BLX	Foreign Trade Bank	Pair Corr
0.7	FSK	FS KKR Capital	Pair Corr
0.67	EQH	Axa Equitable Holdings	Pair Corr
0.59	ARI	Apollo Commercial Real	Pair Corr
0.59	GDST	Goldenstone Acquisition	Pair Corr
0.47	CNF	CNFinance Holdings	Pair Corr
0.44	PFX	Phenixfin	Pair Corr
0.43	COF	Capital One Financial	Pair Corr

Related Correlations Analysis

	LADR	IVR	AGNCN	NLY-PF	AGNCM	NLY-PG	AGNCP	AGNCO	KREF
LADR		0.86	0.41	0.64	0.42	0.5	0.69	0.54	0.87	LADR
IVR	0.86		0.62	0.75	0.62	0.63	0.82	0.72	0.84	IVR
AGNCN	0.41	0.62		0.88	0.92	0.94	0.86	0.95	0.42	AGNCN
NLY-PF	0.64	0.75	0.88		0.8	0.94	0.95	0.95	0.58	NLY-PF
AGNCM	0.42	0.62	0.92	0.8		0.87	0.8	0.91	0.38	AGNCM
NLY-PG	0.5	0.63	0.94	0.94	0.87		0.89	0.95	0.45	NLY-PG
AGNCP	0.69	0.82	0.86	0.95	0.8	0.89		0.93	0.67	AGNCP
AGNCO	0.54	0.72	0.95	0.95	0.91	0.95	0.93		0.52	AGNCO
KREF	0.87	0.84	0.42	0.58	0.38	0.45	0.67	0.52		KREF
	LADR	IVR	AGNCN	NLY-PF	AGNCM	NLY-PG	AGNCP	AGNCO	KREF

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Risk-Adjusted Indicators

There is a big difference between Claros Stock performing well and Claros Mortgage 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 Claros Mortgage'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
LADR	0.90	0.02	0.00	(0.03)	0.00	0.00	1.90	(2.04)	6.66
IVR	1.16	0.15	0.12	0.19	1.40	(1.25)	2.32	(2.16)	8.74
AGNCN	0.25	0.07	0.40	12.17	0.05	(0.32)	0.58	(0.43)	2.62
NLY-PF	0.27	0.07	0.32	6.64	0.17	(0.32)	0.66	(0.59)	2.23
AGNCM	0.25	0.03	0.22	0.42	0.33	(0.28)	0.48	(0.52)	3.21
NLY-PG	0.18	0.04	0.32	1.49	0.13	(0.22)	0.44	(0.32)	2.37
AGNCP	0.18	0.06	0.54	1.06	0.00	(0.22)	0.44	(0.32)	1.00
AGNCO	0.22	0.05	0.39	(37.38)	0.00	(0.26)	0.47	(0.43)	2.46
KREF	1.42	0.09	0.06	0.03	1.65	(1.50)	2.72	(2.30)	12.73

Claros Mortgage Corporate Management

Jeffrey Siegel	General VP	Profile
Anh Huynh	Vice Relations	Profile
Jai Agarwal	Chief Officer	Profile
Priyanka Garg	Executive Management	Profile
Daniel Rosenblum	VP Treasurer	Profile
Richard JD	Chairman CEO	Profile
Kevin Cullinan	Executive Originations	Profile

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