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.
Moving together with Rithm Stock
Moving against Rithm Stock
0.56 | MITT-PC | AG Mortgage Investment | PairCorr |
0.54 | NLY-PG | Annaly Capital Management | PairCorr |
0.54 | RITM-PB | Rithm Capital Corp Earnings Call This Week | PairCorr |
0.52 | ACR-PC | ACRES Commercial Realty | PairCorr |
0.52 | GPMT-PA | Granite Point Mortgage | PairCorr |
0.52 | NLY-PI | Annaly Capital Management | PairCorr |
0.5 | ACR-PD | ACRES Commercial Realty Earnings Call This Week | PairCorr |
0.49 | TRTX-PC | TPG RE Finance Earnings Call This Week | PairCorr |
0.49 | RITM-PA | Rithm Capital Corp Earnings Call This Week | PairCorr |
0.48 | NLY-PF | Annaly Capital Management | PairCorr |
0.41 | RITM-PC | Rithm Capital Corp Earnings Call This Week | PairCorr |
0.4 | RITM-PD | Rithm Capital Corp Earnings Call This Week | PairCorr |
0.38 | MITT-PA | AG Mortgage Investment | PairCorr |
0.34 | MITT-PB | AG Mortgage Investment | PairCorr |
0.61 | KREF-PA | KKR Real Estate | PairCorr |
0.53 | CIM-PB | Chimera Investment | PairCorr |
0.51 | AGNCO | AGNC Investment Corp | PairCorr |
0.39 | AGNCP | AGNC Investment Corp | PairCorr |
0.38 | AGNCM | AGNC Investment Corp | PairCorr |
0.37 | AGNCN | AGNC Investment Corp | PairCorr |
0.37 | CIM-PD | Chimera Investment | PairCorr |
0.33 | ARR-PC | ARMOUR Residential REIT | PairCorr |
0.33 | CHMI-PB | Cherry Hill Mortgage | PairCorr |
0.31 | CIM-PA | Chimera Investment | 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 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.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
SITC | 1.31 | (0.18) | (0.09) | 0.08 | 1.50 | 2.23 | 11.29 | |||
BFS | 1.07 | (0.11) | (0.12) | 0.07 | 1.47 | 2.00 | 6.66 | |||
AKR | 1.18 | (0.29) | 0.00 | (0.03) | 0.00 | 2.35 | 9.22 | |||
KRG | 1.03 | (0.13) | (0.10) | 0.09 | 1.23 | 2.09 | 7.04 | |||
REG | 0.73 | (0.14) | (0.22) | 0.02 | 0.95 | 1.59 | 4.44 |
Rithm Property Corporate Management
Richard Federico | Independent Trustee | Profile | |
Courtney Smith | VP Investments | Profile | |
Andrea Weiss | Independent Trustee | Profile | |
Joanna Lau | Independent Trustee | Profile | |
Laurie Shahon | Independent Trustee | Profile | |
Lauren DeMasi | Secretary | Profile |