EXp World Correlations
| EXPI Stock | USD 10.12 0.15 1.50% |
The correlation of EXp World 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as EXp World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if eXp World Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between eXp World Holdings and NYA is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding eXp World Holdings and NYA in the same portfolio, assuming nothing else is changed.
EXp |
The ability to find closely correlated positions to EXp World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EXp World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back EXp World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling eXp World Holdings to buy it.
Moving together with EXp Stock
| 0.69 | UK | Ucommune International | PairCorr |
| 0.86 | ZG | Zillow Group Financial Report 1st of May 2024 | PairCorr |
| 0.79 | DOUG | Douglas Elliman Financial Report 9th of May 2024 | PairCorr |
| 0.78 | AEI | Alset Ehome International | PairCorr |
| 0.78 | ARL | American Realty Investors | PairCorr |
| 0.67 | CBL | CBL Associates Properties | PairCorr |
| 0.83 | FTHM | Fathom HoldingsInc Financial Report 8th of May 2024 | PairCorr |
| 0.8 | HHH | Howard Hughes Earnings Call This Week | PairCorr |
Moving against EXp Stock
| 0.85 | BHM | Bluerock Homes Trust | PairCorr |
| 0.44 | FOR | Forestar Group Financial Report 18th of July 2024 | PairCorr |
| 0.68 | IRS | IRSA Inversiones Y | PairCorr |
| 0.62 | MDV | Modiv Inc Financial Report 20th of May 2024 | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between EXp Stock performing well and EXp World 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 EXp World'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.Be your own money manager
Our tools can tell you how much better you can do entering a position in EXp World without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Money Managers Now
Money ManagersScreen money managers from public funds and ETFs managed around the world |
| All Next | Launch Module |
EXp World Corporate Management
Elected by the shareholders, the EXp World's board of directors comprises two types of representatives: EXp World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EXp. The board's role is to monitor EXp World's management team and ensure that shareholders' interests are well served. EXp World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EXp World's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jian Cheng | Chief Controller | Profile | |
| Leo Pareja | Chief Realty | Profile | |
| Courtney Chakarun | Chief Officer | Profile | |
| Ilka Vietz | Managing eXp | Profile | |
| Mike Vein | Executive Realty | Profile | |
| Patrick ONeill | Chief Officer | Profile |
Already Invested in eXp World Holdings?
The danger of trading eXp World Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EXp World is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EXp World. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile eXp World Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether eXp World Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EXp World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Exp World Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Exp World Holdings Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eXp World Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for EXp Stock analysis
When running EXp World's price analysis, check to measure EXp World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EXp World is operating at the current time. Most of EXp World's value examination focuses on studying past and present price action to predict the probability of EXp World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EXp World's price. Additionally, you may evaluate how the addition of EXp World to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |
Is EXp World's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EXp World. If investors know EXp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EXp World listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 0.19 | Earnings Share (0.06) | Revenue Per Share 27.939 | Quarterly Revenue Growth 0.053 |
The market value of eXp World Holdings is measured differently than its book value, which is the value of EXp that is recorded on the company's balance sheet. Investors also form their own opinion of EXp World's value that differs from its market value or its book value, called intrinsic value, which is EXp World's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EXp World's market value can be influenced by many factors that don't directly affect EXp World's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EXp World's value and its price as these two are different measures arrived at by different means. Investors typically determine if EXp World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EXp World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.