AGNC Investment Correlations

AGNC Stock

USD 10.08 0.25 2.54%

The current 90-days correlation between AGNC Investment Corp and Chimera Investment is 0.09 (i.e., Significant diversification). The correlation of AGNC Investment 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.

AGNC Investment Correlation With Market

Weak diversification

The correlation between AGNC Investment Corp and DJI is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding AGNC Investment Corp 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 AGNC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with AGNC Stock

0.67	BN	Brookfield Corp Earnings Call This Week	Pair Corr
0.79	CG	Carlyle Group Earnings Call This Week	Pair Corr
0.7	DX	Dynex Capital	Pair Corr
0.7	MA	Mastercard	Pair Corr
0.61	SF	Stifel Financial	Pair Corr
0.64	FDUS	Fidus Investment Corp	Pair Corr
0.62	AXP	American Express	Pair Corr
0.72	BAM	Brookfield Asset Man Earnings Call This Week	Pair Corr
0.67	COF	Capital One Financial	Pair Corr
0.65	DFS	Discover Financial	Pair Corr
0.83	EFC	Ellington Financial	Pair Corr
0.78	KKR	KKR Co LP Earnings Call This Week	Pair Corr
0.72	RJF	Raymond James Financial	Pair Corr
0.63	GCMG	GCM Grosvenor	Pair Corr

Moving against AGNC Stock

0.34

ORGN

Origin Materials

Pair Corr

Related Correlations Analysis

	TWO	CIM	ARR	ABR	ORC	IVR	NYMT	STWD	RITM	BXMT
TWO		0.18	0.41	-0.19	0.35	0.72	-0.03	0.27	0.47	0.24	TWO
CIM	0.18		0.24	0.59	-0.28	0.06	-0.36	0.45	-0.31	0.43	CIM
ARR	0.41	0.24		-0.1	0.64	0.65	0.39	0.23	0.29	0.15	ARR
ABR	-0.19	0.59	-0.1		-0.62	-0.24	-0.36	0.44	-0.61	0.5	ABR
ORC	0.35	-0.28	0.64	-0.62		0.67	0.72	0.05	0.8	0.02	ORC
IVR	0.72	0.06	0.65	-0.24	0.67		0.57	0.42	0.72	0.35	IVR
NYMT	-0.03	-0.36	0.39	-0.36	0.72	0.57		0.22	0.69	0.23	NYMT
STWD	0.27	0.45	0.23	0.44	0.05	0.42	0.22		0.22	0.85	STWD
RITM	0.47	-0.31	0.29	-0.61	0.8	0.72	0.69	0.22		0.19	RITM
BXMT	0.24	0.43	0.15	0.5	0.02	0.35	0.23	0.85	0.19		BXMT
	TWO	CIM	ARR	ABR	ORC	IVR	NYMT	STWD	RITM	BXMT

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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

BXMT	+ 0.85	STWD
RITM	+ 0.8	ORC
IVR	+ 0.72	TWO
NYMT	+ 0.72	ORC
RITM	+ 0.72	IVR
RITM	+ 0.69	NYMT

High negative correlations

ORC	- 0.62	ABR
RITM	- 0.61	ABR
NYMT	- 0.36	ABR
NYMT	- 0.36	CIM
RITM	- 0.31	CIM
ORC	- 0.28	CIM

Risk-Adjusted Indicators

There is a big difference between AGNC Stock performing well and AGNC Investment 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 AGNC Investment'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
TWO	1.13	(0.04)	(0.05)	0.01	1.60	(1.21)	2.25	(2.21)	6.57
CIM	1.04	(0.06)	0.00	(1.49)	0.00	0.00	1.89	(3.19)	6.51
ARR	0.79	(0.03)	0.00	(1.70)	0.00	0.00	1.67	(2.02)	4.68
ABR	1.06	(0.20)	0.00	(0.39)	0.00	0.00	1.64	(2.21)	6.36
ORC	0.79	0.08	(0.01)	(1.75)	0.91	(0.86)	1.41	(1.68)	4.16
IVR	1.11	(0.01)	(0.04)	0.08	1.44	(1.18)	2.21	(1.81)	8.74
NYMT	1.60	0.25	0.09	0.95	1.84	(1.74)	3.44	(2.88)	9.37
STWD	0.78	(0.04)	0.00	(0.09)	0.00	0.00	1.60	(1.68)	5.01
RITM	0.83	0.13	0.08	0.40	0.77	(0.97)	2.15	(1.10)	5.39
BXMT	1.17	(0.06)	0.00	(0.10)	0.00	0.00	2.38	(2.37)	7.82

AGNC Investment Corporate Executives

Elected by the shareholders, the AGNC Investment's board of directors comprises two types of representatives: AGNC Investment inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AGNC. The board's role is to monitor AGNC Investment's management team and ensure that shareholders' interests are well served. AGNC Investment's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AGNC Investment's outside directors are responsible for providing unbiased perspectives on the board's policies.

Bernice CPA	Executive CFO	Profile
Christopher Erhorn	Senior CTO	Profile
Christopher BS	Senior CTO	Profile

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