Rems Real Correlations

HLPPX Fund

USD 10.24 0.16 1.59%

The current 90-days correlation between Rems Real Estate and Janus Triton Fund is 0.51 (i.e., Very weak diversification). The correlation of Rems Real 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Rems Real Correlation With Market

Very weak diversification

The correlation between Rems Real Estate and DJI is 0.47 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rems Real Estate and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Rems Real Estate. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Rems Mutual Fund

0.78	HR	Healthcare Realty Trust	Pair Corr
0.89	KW	Kennedy Wilson Holdings	Pair Corr
0.7	OZ	Belpointe PREP LLC	Pair Corr
0.8	PK	Park Hotels Resorts	Pair Corr
0.64	PW	Power REIT	Pair Corr
0.89	UE	Urban Edge Properties	Pair Corr
0.88	ADC-PA	Agree Realty	Pair Corr
0.75	EQIX	Equinix	Pair Corr
0.74	ESBA	Empire State Realty	Pair Corr
0.88	ESRT	Empire State Realty	Pair Corr
0.85	WHLR	Wheeler Real Estate	Pair Corr
0.88	EXPI	eXp World Holdings	Pair Corr

Moving against Rems Mutual Fund

0.7	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.6	MITT-PC	AG Mortgage Investment	Pair Corr
0.57	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.56	DX	Dynex Capital	Pair Corr
0.53	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.5	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.45	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.37	FR	First Industrial Realty	Pair Corr
0.34	MITT-PA	AG Mortgage Investment	Pair Corr
0.7	CDR-PC	Cedar Realty Trust	Pair Corr
0.6	AIV	Apartment Investment and	Pair Corr
0.51	ACR	Acres Commercial Realty	Pair Corr
0.47	WELL	Welltower	Pair Corr
0.33	CDR-PB	Cedar Realty Trust	Pair Corr

Related Correlations Analysis

	JGMRX	FMFTX	RYBHX	WCEYX	FHETX
JGMRX		0.64	0.8	0.84	0.44	JGMRX
FMFTX	0.64		0.8	0.78	0.89	FMFTX
RYBHX	0.8	0.8		0.87	0.63	RYBHX
WCEYX	0.84	0.78	0.87		0.65	WCEYX
FHETX	0.44	0.89	0.63	0.65		FHETX
	JGMRX	FMFTX	RYBHX	WCEYX	FHETX

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Risk-Adjusted Indicators

There is a big difference between Rems Mutual Fund performing well and Rems Real Mutual Fund 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 Rems Real'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
JGMRX	0.91	(0.20)	(0.36)	1.35	(2.57)	7.43
FMFTX	0.91	(0.26)	(2.47)	1.34	(2.17)	8.22
RYBHX	1.15	(0.27)	(0.31)	1.43	(2.77)	15.72
WCEYX	0.92	(0.17)	(0.34)	1.20	(1.92)	9.99
FHETX	0.97	(0.11)	(0.31)	1.43	(2.50)	7.55

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