Rithm Property Correlations

RPT Stock  USD 2.67  0.03  1.11%   
The current 90-days correlation between Rithm Property Trust and Site Centers Corp is 0.43 (i.e., Very weak diversification). The correlation of Rithm Property 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.

Rithm Property Correlation With Market

Very weak diversification

The correlation between Rithm Property Trust and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rithm Property Trust 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 Rithm Property Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Rithm Stock

  0.68CHMI-PA Cherry Hill MortgagePairCorr

Moving against Rithm Stock

  0.56MITT-PC AG Mortgage InvestmentPairCorr
  0.54NLY-PG Annaly Capital ManagementPairCorr
  0.54RITM-PB Rithm Capital Corp Earnings Call This WeekPairCorr
  0.52ACR-PC ACRES Commercial RealtyPairCorr
  0.52GPMT-PA Granite Point MortgagePairCorr
  0.52NLY-PI Annaly Capital ManagementPairCorr
  0.5ACR-PD ACRES Commercial Realty Earnings Call This WeekPairCorr
  0.49TRTX-PC TPG RE Finance Earnings Call This WeekPairCorr
  0.49RITM-PA Rithm Capital Corp Earnings Call This WeekPairCorr
  0.48NLY-PF Annaly Capital ManagementPairCorr
  0.41RITM-PC Rithm Capital Corp Earnings Call This WeekPairCorr
  0.4RITM-PD Rithm Capital Corp Earnings Call This WeekPairCorr
  0.38MITT-PA AG Mortgage InvestmentPairCorr
  0.34MITT-PB AG Mortgage InvestmentPairCorr
  0.61KREF-PA KKR Real EstatePairCorr
  0.53CIM-PB Chimera InvestmentPairCorr
  0.51AGNCO AGNC Investment CorpPairCorr
  0.39AGNCP AGNC Investment CorpPairCorr
  0.38AGNCM AGNC Investment CorpPairCorr
  0.37AGNCN AGNC Investment CorpPairCorr
  0.37CIM-PD Chimera InvestmentPairCorr
  0.33ARR-PC ARMOUR Residential REITPairCorr
  0.33CHMI-PB Cherry Hill MortgagePairCorr
  0.31CIM-PA Chimera InvestmentPairCorr

Related Correlations Analysis

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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   
REGAKR
KRGSITC
KRGBFS
BFSSITC
REGKRG
KRGAKR
  
High negative correlations   
AKRSITC
AKRBFS
REGSITC
REGBFS

Risk-Adjusted Indicators

There is a big difference between Rithm Stock performing well and Rithm Property 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 Rithm Property'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.

Rithm Property Corporate Management

Richard FedericoIndependent TrusteeProfile
Courtney SmithVP InvestmentsProfile
Andrea WeissIndependent TrusteeProfile
Joanna LauIndependent TrusteeProfile
Laurie ShahonIndependent TrusteeProfile
Lauren DeMasiSecretaryProfile