KKR Real Correlations
| KREF-PA Preferred Stock | USD 18.14 0.13 0.71% |
The current 90-days correlation between KKR Real Estate and TPG RE Finance is -0.13 (i.e., Good diversification). The correlation of KKR 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.
KKR Real Correlation With Market
Modest diversification
The correlation between KKR Real Estate and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KKR Real Estate and DJI in the same portfolio, assuming nothing else is changed.
KKR |
The ability to find closely correlated positions to KKR Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KKR Real 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 KKR Real - 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 KKR Real Estate to buy it.
Moving together with KKR Preferred Stock
| 0.84 | MITT-PA | AG Mortgage Investment Earnings Call This Week | PairCorr |
| 0.83 | MITT-PB | AG Mortgage Investment Earnings Call This Week | PairCorr |
| 0.74 | MITT-PC | AG Mortgage Investment Earnings Call This Week | PairCorr |
| 0.72 | NREF-PA | NexPoint Real Estate Earnings Call This Week | PairCorr |
| 0.67 | RPT | Rithm Property Trust Symbol Change | PairCorr |
| 0.76 | ACR-PD | ACRES Commercial Realty Earnings Call This Week | PairCorr |
| 0.75 | ACR-PC | ACRES Commercial Realty Earnings Call This Week | PairCorr |
| 0.84 | NLY-PI | Annaly Capital Management | PairCorr |
| 0.88 | NLY-PF | Annaly Capital Management | PairCorr |
| 0.87 | NLY-PG | Annaly Capital Management | PairCorr |
| 0.85 | RITM-PC | Rithm Capital Corp Earnings Call This Week | PairCorr |
| 0.8 | RITM-PD | Rithm Capital Corp Earnings Call This Week | PairCorr |
| 0.76 | RITM-PB | Rithm Capital Corp Earnings Call This Week | PairCorr |
| 0.75 | NYMTN | New York Mortgage Earnings Call This Week | PairCorr |
| 0.83 | ARR-PC | ARMOUR Residential REIT | PairCorr |
| 0.74 | TWO-PC | Two Harbors Investment Earnings Call This Week | PairCorr |
| 0.77 | TWO-PB | Two Harbors Investment Earnings Call This Week | PairCorr |
| 0.66 | TWO-PA | Two Harbors Investment Earnings Call This Week | PairCorr |
| 0.77 | MFA-PC | MFA Financial | PairCorr |
| 0.8 | MFA-PB | MFA Financial | PairCorr |
| 0.83 | AGNCP | AGNC Investment Corp | PairCorr |
| 0.85 | AGNCO | AGNC Investment Corp | PairCorr |
| 0.76 | AGNCN | AGNC Investment Corp | PairCorr |
| 0.79 | AGNCM | AGNC Investment Corp | PairCorr |
Moving against KKR Preferred Stock
Related Correlations Analysis
| 0.69 | 0.93 | 0.72 | 0.72 | ABR-PD | ||
| 0.69 | 0.78 | 0.4 | 0.59 | RC-PE | ||
| 0.93 | 0.78 | 0.65 | 0.66 | ABR-PE | ||
| 0.72 | 0.4 | 0.65 | 0.75 | TRTX-PC | ||
| 0.72 | 0.59 | 0.66 | 0.75 | ACR-PD | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between KKR Preferred Stock performing well and KKR 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 KKR 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABR-PD | 0.52 | (0.04) | 0.00 | (0.36) | 0.00 | 1.19 | 4.58 | |||
| RC-PE | 0.63 | (0.11) | 0.00 | (0.51) | 0.00 | 0.95 | 3.69 | |||
| ABR-PE | 0.71 | (0.07) | 0.00 | (0.52) | 0.00 | 1.41 | 6.21 | |||
| TRTX-PC | 0.79 | (0.03) | 0.00 | 0.33 | 0.00 | 1.97 | 7.07 | |||
| ACR-PD | 0.92 | (0.11) | 0.00 | 9.90 | 0.00 | 1.83 | 11.26 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in KKR Real 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 Stocks Directory Now
Stocks DirectoryFind actively traded stocks across global markets |
| All Next | Launch Module |
KKR Real Corporate Management
| Joel Traut | Partner Originations | Profile | |
| Kendra Decious | CFO Treasurer | Profile | |
| Julia Butler | Managing Estate | Profile | |
| CFA CFA | COO Pres | Profile | |
| Turner Trapp | Principal Estate | Profile | |
| Matthew Salem | CEO Director | Profile | |
| Jack Switala | Capital Principal | Profile |