Acres Commercial Correlations

ACR Stock

USD 17.68 0.02 0.11%

The current 90-days correlation between Acres Commercial Realty and Lument Finance Trust is 0.26 (i.e., Modest diversification). The correlation of Acres Commercial 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.

Acres Commercial Correlation With Market

Significant diversification

The correlation between Acres Commercial Realty and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Acres Commercial Realty and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acres Commercial Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Acres Stock

0.7	V	Visa Class A	Pair Corr
0.74	CG	Carlyle Group	Pair Corr
0.65	DX	Dynex Capital Earnings Call This Week	Pair Corr
0.78	EZPW	EZCORP Inc Earnings Call This Week	Pair Corr
0.79	FDUS	Fidus Investment Corp	Pair Corr
0.65	AMP	Ameriprise Financial Earnings Call Today	Pair Corr
0.7	ARI	Apollo Commercial Real	Pair Corr
0.83	AXP	American Express Earnings Call This Week	Pair Corr
0.79	COF	Capital One Financial Earnings Call Tomorrow	Pair Corr
0.81	DFS	Discover Financial	Pair Corr
0.65	FRHC	Freedom Holding Corp	Pair Corr
0.75	FSK	FS KKR Capital	Pair Corr
0.62	ORC	Orchid Island Capital	Pair Corr

Moving against Acres Stock

0.4	WU	Western Union Sell-off Trend	Pair Corr
0.4	ABR	Arbor Realty Trust	Pair Corr
0.67	MFA	MFA Financial	Pair Corr
0.63	HPH	Highest Performances Symbol Change	Pair Corr
0.45	CIM	Chimera Investment	Pair Corr
0.41	CWD	CaliberCos Class A	Pair Corr

Related Correlations Analysis

	LFT	MITT	RITM-PB	CHMI-PA	LFT-PA	PMT-PB	MITT-PA	IVR-PC
LFT		-0.23	0.67	-0.5	0.29	-0.55	-0.12	0.04	LFT
MITT	-0.23		-0.64	0.42	0.03	0.62	0.78	-0.2	MITT
RITM-PB	0.67	-0.64		-0.28	0.34	-0.69	-0.55	0.1	RITM-PB
CHMI-PA	-0.5	0.42	-0.28		0.14	0.36	0.09	-0.02	CHMI-PA
LFT-PA	0.29	0.03	0.34	0.14		-0.2	-0.15	-0.07	LFT-PA
PMT-PB	-0.55	0.62	-0.69	0.36	-0.2		0.54	-0.13	PMT-PB
MITT-PA	-0.12	0.78	-0.55	0.09	-0.15	0.54		0.01	MITT-PA
IVR-PC	0.04	-0.2	0.1	-0.02	-0.07	-0.13	0.01		IVR-PC
	LFT	MITT	RITM-PB	CHMI-PA	LFT-PA	PMT-PB	MITT-PA	IVR-PC

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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

MITT-PA	+ 0.78	MITT
RITM-PB	+ 0.67	LFT
PMT-PB	+ 0.62	MITT
MITT-PA	+ 0.54	PMT-PB
CHMI-PA	+ 0.42	MITT
PMT-PB	+ 0.36	CHMI-PA

High negative correlations

PMT-PB	- 0.69	RITM-PB
RITM-PB	- 0.64	MITT
MITT-PA	- 0.55	RITM-PB
PMT-PB	- 0.55	LFT
CHMI-PA	- 0.5	LFT
CHMI-PA	- 0.28	RITM-PB

Risk-Adjusted Indicators

There is a big difference between Acres Stock performing well and Acres Commercial 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 Acres Commercial'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
LFT	1.60	0.17	0.06	1.62	2.19	(1.73)	3.59	(4.26)	12.40
MITT	1.18	(0.13)	0.00	1.16	0.00	0.00	2.07	(2.45)	8.00
RITM-PB	0.18	0.03	0.00	(2.24)	0.18	(0.19)	0.39	(0.36)	1.66
CHMI-PA	0.98	(0.07)	0.00	0.25	0.00	0.00	2.04	(2.34)	7.06
LFT-PA	0.78	0.06	0.02	(2.68)	1.11	(1.02)	2.18	(2.33)	6.89
PMT-PB	0.51	(0.04)	0.00	(0.16)	0.00	0.00	1.47	(1.08)	4.06
MITT-PA	0.56	(0.05)	0.00	(0.27)	0.00	0.00	1.35	(1.22)	3.92
IVR-PC	0.66	0.02	0.00	0.99	1.05	(0.66)	2.29	(1.41)	5.89

Acres Commercial Corporate Management

Darryl Myrose	VP Originations	Profile
George Carleton	Executive America	Profile
Murray Levin	Independent Director	Profile
Eldron Blackwell	Chief Accounting Officer, Vice President	Profile
Karen Edwards	Independent Director	Profile
Andrew Fentress	Chairman of the Board	Profile
Paul JD	Executive Division	Profile

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