Reitar Logtech Correlations

RITR Stock

3.82 1.23 24.36%

The current 90-days correlation between Reitar Logtech Holdings and Loandepot is -0.19 (i.e., Good diversification). The correlation of Reitar Logtech 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.

Reitar Logtech Correlation With Market

Good diversification

The correlation between Reitar Logtech Holdings 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 Reitar Logtech Holdings and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Reitar Stock

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

Moving together with Reitar Stock

0.65

FLR

Fluor

Pair Corr

Moving against Reitar Stock

0.65	VATE	Innovate Corp	Pair Corr
0.64	WLGS	Wang Lee Group,	Pair Corr
0.63	FGL	Founder Group Limited	Pair Corr
0.4	EXPO	Exponent Earnings Call This Week	Pair Corr
0.54	SKK	PROSHARES ULTRASHORT	Pair Corr

Related Correlations Analysis

	CAR	GNL-PD	KRUS	CLDT-PA	LDI	FTAI	FMCKO	MLCO
CAR		0.59	0.79	0.8	0.8	0.43	0.93	0.96	CAR
GNL-PD	0.59		0.39	0.73	0.49	0.28	0.41	0.67	GNL-PD
KRUS	0.79	0.39		0.63	0.65	0.65	0.79	0.72	KRUS
CLDT-PA	0.8	0.73	0.63		0.76	0.52	0.7	0.85	CLDT-PA
LDI	0.8	0.49	0.65	0.76		0.49	0.8	0.8	LDI
FTAI	0.43	0.28	0.65	0.52	0.49		0.47	0.38	FTAI
FMCKO	0.93	0.41	0.79	0.7	0.8	0.47		0.9	FMCKO
MLCO	0.96	0.67	0.72	0.85	0.8	0.38	0.9		MLCO
	CAR	GNL-PD	KRUS	CLDT-PA	LDI	FTAI	FMCKO	MLCO

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Reitar Stock performing well and Reitar Logtech 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 Reitar Logtech'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
CAR	2.63	1.76	0.69	(1.83)	1.26	(3.42)	8.06	(2.97)	21.02
GNL-PD	0.64	0.09	0.00	0.39	0.68	(0.68)	1.59	(1.18)	4.13
KRUS	2.54	0.56	0.17	0.67	2.90	(2.86)	5.73	(4.12)	21.00
CLDT-PA	0.73	0.12	0.02	0.58	0.84	(0.76)	1.90	(1.65)	6.51
LDI	3.55	0.77	0.18	0.90	3.11	(4.34)	10.78	(5.88)	18.62
FTAI	2.76	0.09	0.04	0.19	4.04	(3.05)	5.54	(4.01)	24.64
FMCKO	1.34	0.41	0.13	2.87	1.00	(2.24)	4.27	(2.70)	15.56
MLCO	1.96	0.77	0.41	0.72	1.24	(2.48)	5.07	(2.79)	12.73

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC