Fathom Holdings Correlations

FTHM Stock

USD 0.98 0.05 5.38%

The current 90-days correlation between Fathom Holdings and Marcus Millichap is 0.22 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fathom Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fathom Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Fathom Holdings Correlation With Market

Modest diversification

The correlation between Fathom Holdings and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fathom Holdings and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fathom Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Fathom Stock, please use our How to Invest in Fathom Holdings guide.

Moving together with Fathom Stock

0.92	EXPI	eXp World Holdings	Pair Corr
0.94	PK	Park Hotels Resorts	Pair Corr
0.78	RC	Ready Capital Corp	Pair Corr
0.78	UE	Urban Edge Properties	Pair Corr
0.76	EQIX	Equinix	Pair Corr
0.8	WETH	Wetouch Technology Common	Pair Corr
0.92	ESBA	Empire State Realty	Pair Corr

Moving against Fathom Stock

0.93	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.9	DX	Dynex Capital	Pair Corr
0.87	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.84	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.83	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.81	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.79	FR	First Industrial Realty	Pair Corr
0.78	O	Realty Income	Pair Corr
0.76	VICI	VICI Properties	Pair Corr
0.75	MITT-PA	AG Mortgage Investment	Pair Corr
0.67	MITT-PB	AG Mortgage Investment	Pair Corr
0.49	WY	Weyerhaeuser	Pair Corr
0.44	VNO-PL	Vornado Realty Trust	Pair Corr
0.36	MAYS	J W Mays	Pair Corr
0.86	ACR	Acres Commercial Realty	Pair Corr
0.85	CDR-PC	Cedar Realty Trust	Pair Corr
0.84	MITT-PC	AG Mortgage Investment	Pair Corr
0.84	WELL	Welltower	Pair Corr
0.74	FBRT	Franklin BSP Realty Potential Growth	Pair Corr
0.7	ADC	Agree Realty	Pair Corr
0.68	ELME	Elme Communities	Pair Corr
0.67	CDR-PB	Cedar Realty Trust	Pair Corr
0.62	AIV	Apartment Investment and	Pair Corr

Related Correlations Analysis

	NEN	FRPH	MMI	TCI	HOUS	RMAX	NMRK	MAYS	FSV
NEN		-0.01	-0.23	-0.26	-0.13	0.06	-0.15	0.31	-0.01	NEN
FRPH	-0.01		0.79	-0.12	0.52	0.46	0.85	-0.22	0.55	FRPH
MMI	-0.23	0.79		0.16	0.66	0.52	0.81	-0.42	0.56	MMI
TCI	-0.26	-0.12	0.16		-0.01	0.08	-0.17	-0.12	0.13	TCI
HOUS	-0.13	0.52	0.66	-0.01		0.42	0.73	-0.62	0.31	HOUS
RMAX	0.06	0.46	0.52	0.08	0.42		0.28	-0.41	0.8	RMAX
NMRK	-0.15	0.85	0.81	-0.17	0.73	0.28		-0.33	0.38	NMRK
MAYS	0.31	-0.22	-0.42	-0.12	-0.62	-0.41	-0.33		-0.26	MAYS
FSV	-0.01	0.55	0.56	0.13	0.31	0.8	0.38	-0.26		FSV
	NEN	FRPH	MMI	TCI	HOUS	RMAX	NMRK	MAYS	FSV

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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

NMRK	+ 0.85	FRPH
NMRK	+ 0.81	MMI
FSV	+ 0.8	RMAX
MMI	+ 0.79	FRPH
NMRK	+ 0.73	HOUS
HOUS	+ 0.66	MMI

High negative correlations

MAYS	- 0.62	HOUS
MAYS	- 0.42	MMI
MAYS	- 0.41	RMAX
MAYS	- 0.33	NMRK
FSV	- 0.26	MAYS
TCI	- 0.26	NEN

Risk-Adjusted Indicators

There is a big difference between Fathom Stock performing well and Fathom Holdings 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 Fathom Holdings' 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
NEN	1.54	0.08	0.09	(0.26)	1.48	(2.65)	4.39	(3.08)	12.59
FRPH	1.12	(0.12)	0.00	(0.22)	0.00	0.00	1.81	(3.61)	7.96
MMI	1.63	(0.10)	0.00	(0.16)	0.00	0.00	2.94	(3.82)	10.27
TCI	1.63	(0.01)	0.03	0.16	1.88	(2.07)	4.17	(3.13)	12.24
HOUS	3.22	(0.01)	0.00	(0.08)	0.00	0.00	6.03	(7.40)	19.40
RMAX	2.17	(0.32)	0.00	(0.32)	0.00	0.00	4.32	(3.69)	17.71
NMRK	1.88	(0.10)	0.00	(0.13)	0.00	0.00	3.77	(4.36)	13.66
MAYS	1.10	(0.16)	0.00	(3.81)	0.00	0.00	3.24	(3.61)	16.26
FSV	0.96	(0.12)	0.00	(0.24)	0.00	0.00	2.00	(2.62)	5.89

Fathom Holdings Corporate Executives

Elected by the shareholders, the Fathom Holdings' board of directors comprises two types of representatives: Fathom Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fathom. The board's role is to monitor Fathom Holdings' management team and ensure that shareholders' interests are well served. Fathom Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fathom Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.

Joshua Harley

Founder Evangelist

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