Alset Ehome Correlations

AEI Stock

USD 1.08 0.02 1.82%

The current 90-days correlation between Alset Ehome International and Investcorp Credit Management is -0.09 (i.e., Good diversification). The correlation of Alset Ehome 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.

Alset Ehome Correlation With Market

Average diversification

The correlation between Alset Ehome International and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alset Ehome International 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 Alset Ehome International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Alset Stock

0.64

MITT-PA

AG Mortgage Investment

Pair Corr

Moving against Alset Stock

0.57	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.52	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.46	RC	Ready Capital Corp	Pair Corr
0.46	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.36	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.35	HR	Healthcare Realty Trust	Pair Corr
0.35	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.31	OZ	Belpointe PREP LLC	Pair Corr
0.31	DOUG	Douglas Elliman	Pair Corr
0.69	AHT	Ashford Hospitality Trust	Pair Corr
0.58	ECRO	Ecc Cap Corp	Pair Corr
0.48	AHH	Armada Hflr Pr	Pair Corr
0.38	ACR	Acres Commercial Realty	Pair Corr

Related Correlations Analysis

	ICMB	MDRR	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	SITKF	RWAYL
ICMB		0.14	0.0	0.2	-0.06	0.18	0.23	0.29	0.08	-0.01	ICMB
MDRR	0.14		0.0	-0.43	-0.28	0.34	-0.33	0.16	-0.45	-0.19	MDRR
AQUI	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQUI
MSTSX	0.2	-0.43	0.0		0.69	-0.11	0.87	-0.02	0.79	0.55	MSTSX
LBHIX	-0.06	-0.28	0.0	0.69		0.15	0.72	0.26	0.5	0.75	LBHIX
VIASP	0.18	0.34	0.0	-0.11	0.15		0.0	0.78	-0.13	0.54	VIASP
RRTLX	0.23	-0.33	0.0	0.87	0.72	0.0		0.05	0.51	0.49	RRTLX
OSHDF	0.29	0.16	0.0	-0.02	0.26	0.78	0.05		-0.08	0.62	OSHDF
SITKF	0.08	-0.45	0.0	0.79	0.5	-0.13	0.51	-0.08		0.55	SITKF
RWAYL	-0.01	-0.19	0.0	0.55	0.75	0.54	0.49	0.62	0.55		RWAYL
	ICMB	MDRR	AQUI	MSTSX	LBHIX	VIASP	RRTLX	OSHDF	SITKF	RWAYL

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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

RRTLX	+ 0.87	MSTSX
SITKF	+ 0.79	MSTSX
OSHDF	+ 0.78	VIASP
RWAYL	+ 0.75	LBHIX
RRTLX	+ 0.72	LBHIX
LBHIX	+ 0.69	MSTSX

High negative correlations

SITKF	- 0.45	MDRR
MSTSX	- 0.43	MDRR
RRTLX	- 0.33	MDRR
LBHIX	- 0.28	MDRR
RWAYL	- 0.19	MDRR
SITKF	- 0.13	VIASP

Risk-Adjusted Indicators

There is a big difference between Alset Stock performing well and Alset Ehome 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 Alset Ehome'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
ICMB	1.01	(0.02)	(0.09)	(0.02)	1.16	(1.34)	3.07	(2.19)	8.23
MDRR	1.35	0.02	(0.06)	(0.03)	1.68	(1.72)	3.85	(3.68)	9.59
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MSTSX	0.48	(0.04)	(0.13)	0.06	0.50	(0.59)	1.21	(1.02)	2.80
LBHIX	0.11	0.01	(0.41)	0.46	0.00	(0.29)	0.24	(0.24)	0.96
VIASP	0.72	0.00	(0.02)	0.00	1.05	(0.80)	2.28	(1.15)	7.18
RRTLX	0.24	(0.02)	(0.31)	0.05	0.24	(0.27)	0.56	(0.56)	1.37
OSHDF	39.65	20.22	0.00	(24.88)	0.00	0.00	0.00	0.00	1,329
SITKF	5.58	1.06	0.14	3.03	5.02	(8.21)	14.29	(9.09)	32.64
RWAYL	0.13	0.03	(0.46)	2.12	0.00	(0.18)	0.32	(0.20)	1.21

Alset Ehome Corporate Management

CPA CPA	Chief Officer	Profile
Anthony CPA	Chief Officer	Profile
Charles MacKenzie	Chief Officer	Profile
Rongguo CPA	CoChief Officer	Profile
BApSc MBA	Global Director	Profile
Wai Lui	CoChief Officer	Profile
Heng Chan	Founder Chairman	Profile

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