Rafael Holdings Correlations

RFL Stock

USD 1.88 0.02 1.08%

The current 90-days correlation between Rafael Holdings Class and Frp Holdings Ord is 0.19 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rafael Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rafael Holdings Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Rafael Holdings Correlation With Market

Modest diversification

The correlation between Rafael Holdings Class and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rafael Holdings Class and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rafael Holdings Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Rafael Stock

0.66

XIN

Xinyuan Real Estate

Pair Corr

Moving against Rafael Stock

0.49	UK	Ucommune International	Pair Corr
0.43	ARL	American Realty Investors	Pair Corr
0.4	SGD	Safe and Green	Pair Corr
0.38	MLP	Maui Land Pineapple	Pair Corr
0.69	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.55	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.54	RC	Ready Capital Corp	Pair Corr
0.54	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.52	GIPR	Generationome Properties	Pair Corr
0.51	XHG	XChange TECINC Symbol Change	Pair Corr
0.51	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.44	FR	First Industrial Realty	Pair Corr
0.4	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.38	TCI	Transcontinental Realty	Pair Corr

Related Correlations Analysis

	FRPH	TCI	HOUS	RMAX	CSGP	IRS	CBRE	CWK	NMRK
FRPH		0.02	-0.18	0.4	0.19	0.81	0.72	0.76	0.42	FRPH
TCI	0.02		0.49	0.08	0.45	-0.24	-0.34	-0.05	-0.27	TCI
HOUS	-0.18	0.49		0.29	0.45	-0.35	-0.5	-0.17	0.07	HOUS
RMAX	0.4	0.08	0.29		0.29	0.34	0.46	0.57	0.6	RMAX
CSGP	0.19	0.45	0.45	0.29		0.2	-0.05	0.18	-0.04	CSGP
IRS	0.81	-0.24	-0.35	0.34	0.2		0.85	0.75	0.46	IRS
CBRE	0.72	-0.34	-0.5	0.46	-0.05	0.85		0.84	0.64	CBRE
CWK	0.76	-0.05	-0.17	0.57	0.18	0.75	0.84		0.63	CWK
NMRK	0.42	-0.27	0.07	0.6	-0.04	0.46	0.64	0.63		NMRK
	FRPH	TCI	HOUS	RMAX	CSGP	IRS	CBRE	CWK	NMRK

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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

CBRE	+ 0.85	IRS
CWK	+ 0.84	CBRE
IRS	+ 0.81	FRPH
CWK	+ 0.76	FRPH
CWK	+ 0.75	IRS
CBRE	+ 0.72	FRPH

High negative correlations

CBRE	- 0.5	HOUS
IRS	- 0.35	HOUS
CBRE	- 0.34	TCI
NMRK	- 0.27	TCI
IRS	- 0.24	TCI
HOUS	- 0.18	FRPH

Risk-Adjusted Indicators

There is a big difference between Rafael Stock performing well and Rafael 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 Rafael 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
FRPH	0.98	(0.01)	(0.03)	0.11	1.09	(1.09)	2.19	(1.94)	4.84
TCI	1.28	(0.21)	0.00	(0.07)	0.00	0.00	2.53	(3.18)	9.82
HOUS	2.91	(0.19)	0.00	(0.02)	0.00	0.00	5.74	(5.35)	19.60
RMAX	2.52	0.14	0.06	0.26	2.40	(3.15)	5.18	(4.12)	24.53
CSGP	1.47	(0.01)	(0.01)	0.12	1.97	(1.45)	2.95	(2.79)	8.44
IRS	2.25	0.98	0.45	1.77	1.38	(2.94)	5.29	(2.61)	16.71
CBRE	1.16	0.29	0.14	2.58	1.00	(1.39)	2.42	(1.72)	12.38
CWK	1.71	0.19	0.08	0.39	1.65	(2.04)	4.68	(3.05)	19.01
NMRK	1.36	0.17	0.06	0.53	1.52	(1.56)	2.82	(2.41)	8.70

Rafael Holdings Corporate Management

Shannon Klinger	Director	Profile
Menachem Ash	President General Counsel	Profile
Michael Weiss	Independent Director	Profile
Mark McCamish	Director	Profile
Ashok Marin	Chief Legal Officer	Profile
Rachel Jonas	Director	Profile

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