Anywhere Real Correlations
HOUS Stock | USD 3.85 0.00 0.00% |
The current 90-days correlation between Anywhere Real Estate and Real Brokerage is 0.44 (i.e., Very weak diversification). The correlation of Anywhere 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.
Anywhere Real Correlation With Market
Weak diversification
The correlation between Anywhere Real Estate and DJI is 0.34 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Anywhere Real Estate and DJI in the same portfolio, assuming nothing else is changed.
Anywhere |
Moving together with Anywhere Stock
0.62 | JLL | Jones Lang LaSalle | PairCorr |
0.62 | MMI | Marcus Millichap | PairCorr |
0.7 | NMRK | Newmark Group | PairCorr |
0.63 | DOUG | Douglas Elliman | PairCorr |
Moving against Anywhere Stock
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between Anywhere Stock performing well and Anywhere Real 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 Anywhere 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 | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
MMI | 1.62 | (0.09) | 0.00 | (0.15) | 0.00 | 2.94 | 10.27 | |||
REAX | 2.52 | (0.07) | 0.00 | (0.11) | 0.00 | 4.45 | 16.53 | |||
FRPH | 1.10 | (0.11) | 0.00 | (0.21) | 0.00 | 1.81 | 7.96 | |||
MLP | 1.76 | (0.23) | 0.00 | (0.30) | 0.00 | 4.19 | 13.66 | |||
TCI | 1.63 | 0.01 | 0.04 | (0.23) | 1.90 | 4.17 | 12.24 | |||
MAYS | 1.11 | (0.15) | 0.00 | (3.34) | 0.00 | 3.24 | 16.26 | |||
RMAX | 2.18 | (0.33) | 0.00 | (0.32) | 0.00 | 4.32 | 17.71 | |||
NEN | 1.54 | 0.09 | 0.09 | (0.28) | 1.49 | 4.39 | 12.59 | |||
FSV | 0.95 | (0.10) | 0.00 | (0.21) | 0.00 | 2.00 | 5.89 | |||
NYC | 2.77 | 0.35 | 0.12 | 0.62 | 2.77 | 5.60 | 12.05 |
Anywhere Real Corporate Management
Rebecca Tallent | VP Relations | Profile | |
Caitlin McCrory | VP Relations | Profile | |
Shacara Delgado | Senior Officer | Profile | |
Trey Sarten | Chief Affairs | Profile | |
Peter Sobeck | Brokerage Growth | Profile | |
Melissa McSherry | Strategic Advisor | Profile |