Modiv Correlations
MDV Stock | USD 16.18 0.13 0.81% |
The current 90-days correlation between Modiv Inc and NexPoint Strategic Opportunities is -0.12 (i.e., Good diversification). The correlation of Modiv 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.
Modiv Correlation With Market
Good diversification
The correlation between Modiv Inc and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Modiv Inc and DJI in the same portfolio, assuming nothing else is changed.
Modiv |
Moving against Modiv Stock
0.75 | ONL | Orion Office Reit | PairCorr |
0.68 | FTHM | Fathom Holdings | PairCorr |
0.67 | FSV | FirstService Corp | PairCorr |
0.67 | IRS | IRSA Inversiones Y | PairCorr |
0.66 | OMH | Ohmyhome Limited Ordinary | PairCorr |
0.63 | CWK | Cushman Wakefield plc | PairCorr |
0.63 | FOR | Forestar Group | PairCorr |
0.62 | LRE | Lead Real Estate | PairCorr |
0.59 | EXPI | eXp World Holdings | PairCorr |
0.53 | MLP | Maui Land Pineapple | PairCorr |
0.48 | ARL | American Realty Investors | PairCorr |
0.46 | UK | Ucommune International | PairCorr |
0.44 | FRPH | Frp Holdings Ord | PairCorr |
0.32 | VTMX | Corporacin Inmobiliaria | PairCorr |
0.72 | MAYS | J W Mays | PairCorr |
0.69 | SRG | Seritage Growth Prop | PairCorr |
0.68 | OPEN | Opendoor Technologies | PairCorr |
0.66 | LSEA | Landsea Homes Corp | PairCorr |
0.65 | GIPR | Generationome Properties | PairCorr |
0.64 | NXDT | NexPoint Strategic | PairCorr |
0.62 | GYRO | Gyrodyne Company | PairCorr |
0.58 | OPAD | Offerpad Solutions | PairCorr |
0.58 | SQFT | Presidio Property Trust | PairCorr |
0.56 | RMAX | Re Max Holding | PairCorr |
0.51 | RMR | RMR Group | PairCorr |
0.46 | STHO | Star Holdings | PairCorr |
Related Correlations Analysis
Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Modiv Stock performing well and Modiv 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 Modiv'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
SQFT | 2.55 | (0.42) | 0.00 | (111.24) | 0.00 | 5.17 | 25.59 | |||
MDRR | 1.72 | (0.20) | 0.00 | 2.22 | 0.00 | 3.97 | 10.33 | |||
RTLPO | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
GOOD | 0.87 | (0.07) | 0.00 | 0.63 | 0.00 | 1.77 | 5.43 | |||
GOODN | 0.58 | 0.05 | 0.13 | 2.46 | 0.72 | 1.34 | 4.01 | |||
NXDT | 1.88 | (0.69) | 0.00 | (0.50) | 0.00 | 3.13 | 14.98 | |||
CTO | 1.01 | 0.01 | 0.05 | (0.08) | 1.64 | 1.95 | 7.86 | |||
BNL | 1.07 | 0.14 | 0.16 | (0.75) | 1.09 | 2.16 | 5.51 | |||
AHH-PA | 0.74 | 0.00 | 0.00 | (0.06) | 0.00 | 1.98 | 5.50 |
Modiv Corporate Management
William Broms | Chief Officer | Profile | |
Sandra Sciutto | Senior Officer | Profile | |
Pierre Bradshaw | VP Marketing | Profile | |
John Raney | Chief Counsel | Profile | |
Sara Grisham | Senior Accounting | Profile | |
Raymond Pacini | CFO, VP | Profile | |
David Collins | Head Management | Profile |