CaliberCos Correlations

CWD Stock

0.60 0.05 7.69%

The current 90-days correlation between CaliberCos Class A and Cansortium is 0.32 (i.e., Weak diversification). The correlation of CaliberCos 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.

CaliberCos Correlation With Market

Significant diversification

The correlation between CaliberCos Class A and DJI is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CaliberCos Class A 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 CaliberCos Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving against CaliberCos Stock

0.48	VEL	Velocity Financial Llc	Pair Corr
0.35	UPST	Upstart Holdings Buyout Trend	Pair Corr
0.33	BY	Byline Bancorp	Pair Corr
0.58	VABK	Virginia National	Pair Corr
0.36	VBTX	Veritex Holdings	Pair Corr
0.32	WT	WisdomTree	Pair Corr

Related Correlations Analysis

	NEOG	FMX	RDNT	ABOS	CNTMF	TAP	SYRE	XWEL
NEOG		-0.86	0.86	0.9	0.71	-0.48	0.75	0.84	NEOG
FMX	-0.86		-0.83	-0.78	-0.79	0.67	-0.75	-0.72	FMX
RDNT	0.86	-0.83		0.9	0.64	-0.42	0.92	0.9	RDNT
ABOS	0.9	-0.78	0.9		0.66	-0.37	0.81	0.9	ABOS
CNTMF	0.71	-0.79	0.64	0.66		-0.71	0.64	0.58	CNTMF
TAP	-0.48	0.67	-0.42	-0.37	-0.71		-0.48	-0.3	TAP
SYRE	0.75	-0.75	0.92	0.81	0.64	-0.48		0.82	SYRE
XWEL	0.84	-0.72	0.9	0.9	0.58	-0.3	0.82		XWEL
	NEOG	FMX	RDNT	ABOS	CNTMF	TAP	SYRE	XWEL

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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

SYRE	+ 0.92	RDNT
ABOS	+ 0.9	NEOG
ABOS	+ 0.9	RDNT
XWEL	+ 0.9	RDNT
XWEL	+ 0.9	ABOS
RDNT	+ 0.86	NEOG

High negative correlations

FMX	- 0.86	NEOG
RDNT	- 0.83	FMX
CNTMF	- 0.79	FMX
ABOS	- 0.78	FMX
SYRE	- 0.75	FMX
XWEL	- 0.72	FMX

Risk-Adjusted Indicators

There is a big difference between CaliberCos Stock performing well and CaliberCos 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 CaliberCos' 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
NEOG	2.03	(0.42)	0.00	(0.90)	0.00	0.00	3.92	(5.06)	12.07
FMX	1.29	0.18	0.15	0.72	1.35	(1.45)	2.99	(2.25)	7.97
RDNT	2.12	(0.60)	0.00	(0.63)	0.00	0.00	4.64	(5.11)	14.21
ABOS	2.99	(0.64)	0.00	(0.59)	0.00	0.00	6.57	(7.09)	19.77
CNTMF	3.24	(0.04)	0.00	(0.59)	0.00	0.00	8.64	(8.33)	26.62
TAP	1.39	0.01	0.00	(0.05)	0.00	0.00	2.72	(3.11)	13.51
SYRE	2.89	(0.28)	0.00	(0.27)	0.00	0.00	5.29	(6.49)	16.98
XWEL	3.94	(0.14)	0.00	0.45	0.00	0.00	8.11	(8.08)	60.82

CaliberCos Corporate Management

John Hartman	Chief Officer	Profile
Howard Hill	Senior Development	Profile
Steve Drew	Strategy Marketing	Profile
Michael Rosales	Corporate Controller	Profile
George Pace	Executive Development	Profile
Lisa Pudewell	Vice Management	Profile

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