Correlation Between Guidepath(r) Growth and Rreef Property

Can any of the company-specific risk be diversified away by investing in both Guidepath(r) Growth and Rreef Property at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Guidepath(r) Growth and Rreef Property into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Guidepath Growth Allocation and Rreef Property Trust, you can compare the effects of market volatilities on Guidepath(r) Growth and Rreef Property and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Guidepath(r) Growth with a short position of Rreef Property. Check out your portfolio center. Please also check ongoing floating volatility patterns of Guidepath(r) Growth and Rreef Property.

Diversification Opportunities for Guidepath(r) Growth and Rreef Property

-0.22

Correlation Coefficient

Guidepath(r) Growth  Rreef Property

Very good diversification

The 3 months correlation between Guidepath(r) and Rreef is -0.22. Overlapping area represents the amount of risk that can be diversified away by holding Guidepath Growth Allocation and Rreef Property Trust in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Rreef Property Trust and Guidepath(r) Growth is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Guidepath Growth Allocation are associated (or correlated) with Rreef Property. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Rreef Property Trust has no effect on the direction of Guidepath(r) Growth i.e., Guidepath(r) Growth and Rreef Property go up and down completely randomly.

Pair Corralation between Guidepath(r) Growth and Rreef Property

Assuming the 90 days horizon Guidepath Growth Allocation is expected to generate 2.83 times more return on investment than Rreef Property. However, Guidepath(r) Growth is 2.83 times more volatile than Rreef Property Trust. It trades about 0.23 of its potential returns per unit of risk. Rreef Property Trust is currently generating about 0.05 per unit of risk. If you would invest  1,821  in Guidepath Growth Allocation on May 28, 2025 and sell it today you would earn a total of  171.00  from holding Guidepath Growth Allocation or generate 9.39% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Against
Strength	Insignificant
Accuracy	98.41%
Values	Daily Returns

Guidepath Growth Allocation  vs.  Rreef Property Trust

Guidepath Growth All

Risk-Adjusted Performance

Solid

Compared to the overall equity markets, risk-adjusted returns on investments in Guidepath Growth Allocation are ranked lower than 18 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak basic indicators, Guidepath(r) Growth may actually be approaching a critical reversion point that can send shares even higher in September 2025.

Rreef Property Trust

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in Rreef Property Trust are ranked lower than 3 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, Rreef Property is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Pair Trading with Guidepath(r) Growth and Rreef Property

The main advantage of trading using opposite Guidepath(r) Growth and Rreef Property positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Guidepath(r) Growth position performs unexpectedly, Rreef Property can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rreef Property will offset losses from the drop in Rreef Property's long position.

The idea behind Guidepath Growth Allocation and Rreef Property Trust pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.