Correlation Between Mayfair Gold and FrontView REIT,

Can any of the company-specific risk be diversified away by investing in both Mayfair Gold and FrontView REIT, 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 Mayfair Gold and FrontView REIT, into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Mayfair Gold Corp and FrontView REIT,, you can compare the effects of market volatilities on Mayfair Gold and FrontView REIT, 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 Mayfair Gold with a short position of FrontView REIT,. Check out your portfolio center. Please also check ongoing floating volatility patterns of Mayfair Gold and FrontView REIT,.

Diversification Opportunities for Mayfair Gold and FrontView REIT,

0.05

Correlation Coefficient

Mayfair Gold  FrontView REIT,

Significant diversification

The 3 months correlation between Mayfair and FrontView is 0.05. Overlapping area represents the amount of risk that can be diversified away by holding Mayfair Gold Corp and FrontView REIT, in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on FrontView REIT, and Mayfair Gold 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 Mayfair Gold Corp are associated (or correlated) with FrontView REIT,. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of FrontView REIT, has no effect on the direction of Mayfair Gold i.e., Mayfair Gold and FrontView REIT, go up and down completely randomly.

Pair Corralation between Mayfair Gold and FrontView REIT,

Assuming the 90 days horizon Mayfair Gold is expected to generate 1.41 times less return on investment than FrontView REIT,. In addition to that, Mayfair Gold is 1.07 times more volatile than FrontView REIT,. It trades about 0.04 of its total potential returns per unit of risk. FrontView REIT, is currently generating about 0.06 per unit of volatility. If you would invest  1,154  in FrontView REIT, on May 18, 2025 and sell it today you would earn a total of  83.00  from holding FrontView REIT, or generate 7.19% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Moves Together
Strength	Insignificant
Accuracy	100.0%
Values	Daily Returns

Mayfair Gold Corp  vs.  FrontView REIT,

Mayfair Gold Corp

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in Mayfair Gold Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental indicators, Mayfair Gold is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders.

FrontView REIT,

Risk-Adjusted Performance

Soft

Compared to the overall equity markets, risk-adjusted returns on investments in FrontView REIT, are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Even with relatively uncertain basic indicators, FrontView REIT, may actually be approaching a critical reversion point that can send shares even higher in September 2025.

Pair Trading with Mayfair Gold and FrontView REIT,

The main advantage of trading using opposite Mayfair Gold and FrontView REIT, positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Mayfair Gold position performs unexpectedly, FrontView REIT, 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 FrontView REIT, will offset losses from the drop in FrontView REIT,'s long position.

The idea behind Mayfair Gold Corp and FrontView REIT, 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..