Ke Holdings Correlations

BEKE Stock

USD 20.50 0.11 0.54%

The current 90-days correlation between Ke Holdings and Jones Lang LaSalle is 0.04 (i.e., Significant diversification). The correlation of Ke Holdings 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.

Ke Holdings Correlation With Market

Significant diversification

The correlation between Ke Holdings and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ke Holdings 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 Ke Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

For information on how to trade BEKE Stock refer to our How to Trade BEKE Stock guide.

Moving together with BEKE Stock

0.66	MDV	Modiv Inc	Pair Corr
0.65	KW	Kennedy Wilson Holdings Earnings Call This Week	Pair Corr
0.8	UE	Urban Edge Properties	Pair Corr
0.63	ADC-PA	Agree Realty	Pair Corr
0.63	VICI	VICI Properties Earnings Call This Week	Pair Corr
0.76	ELME	Elme Communities Upward Rally	Pair Corr

Moving against BEKE Stock

0.33	SQFT	Presidio Property Trust	Pair Corr
0.56	CDR-PC	Cedar Realty Trust Downward Rally	Pair Corr
0.51	MITT-PC	AG Mortgage Investment Earnings Call This Week	Pair Corr

Related Correlations Analysis

	MMI	DBRG	JLL	CBRE	CIGI	CWK	CSGP	NMRK	HOUS	REAX
MMI		0.85	0.47	0.23	0.86	0.92	0.68	0.92	0.88	0.74	MMI
DBRG	0.85		0.26	0.0	0.87	0.86	0.55	0.79	0.84	0.46	DBRG
JLL	0.47	0.26		0.94	0.57	0.6	0.81	0.66	0.58	0.69	JLL
CBRE	0.23	0.0	0.94		0.34	0.37	0.68	0.44	0.34	0.55	CBRE
CIGI	0.86	0.87	0.57	0.34		0.93	0.77	0.88	0.87	0.64	CIGI
CWK	0.92	0.86	0.6	0.37	0.93		0.78	0.9	0.93	0.7	CWK
CSGP	0.68	0.55	0.81	0.68	0.77	0.78		0.77	0.79	0.72	CSGP
NMRK	0.92	0.79	0.66	0.44	0.88	0.9	0.77		0.89	0.8	NMRK
HOUS	0.88	0.84	0.58	0.34	0.87	0.93	0.79	0.89		0.64	HOUS
REAX	0.74	0.46	0.69	0.55	0.64	0.7	0.72	0.8	0.64		REAX
	MMI	DBRG	JLL	CBRE	CIGI	CWK	CSGP	NMRK	HOUS	REAX

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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

CBRE	+ 0.94	JLL
CWK	+ 0.93	CIGI
HOUS	+ 0.93	CWK
CWK	+ 0.92	MMI
NMRK	+ 0.92	MMI
NMRK	+ 0.9	CWK

High negative correlations

CBRE

- 0.0

DBRG

Risk-Adjusted Indicators

There is a big difference between BEKE Stock performing well and Ke Holdings 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 Ke Holdings' 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
MMI	1.41	(0.10)	0.00	(0.10)	0.00	0.00	2.94	(2.75)	6.97
DBRG	1.73	(0.28)	0.00	(1.24)	0.00	0.00	4.22	(4.21)	10.92
JLL	1.45	0.08	0.05	0.07	1.71	(1.54)	3.01	(2.76)	12.55
CBRE	1.34	0.09	0.05	0.08	1.66	(1.40)	2.79	(2.62)	7.96
CIGI	1.34	(0.21)	0.00	(0.18)	0.00	0.00	2.04	(2.14)	12.54
CWK	1.73	(0.17)	0.00	(0.11)	0.00	0.00	2.63	(3.75)	13.61
CSGP	1.40	(0.06)	0.00	(0.04)	0.00	0.00	3.07	(3.41)	9.86
NMRK	1.66	(0.07)	0.00	(0.06)	0.00	0.00	2.63	(3.62)	9.29
HOUS	3.05	(0.05)	0.00	(0.02)	0.00	0.00	6.03	(5.65)	19.59
REAX	2.46	(0.28)	0.00	(0.19)	0.00	0.00	3.96	(4.56)	13.03

Ke Holdings Corporate Management

Zhaohui Li	Director	Profile
Siting Li	Investor Secretary	Profile
Zhu Hansong	Independent Director	Profile
Xiaohong Chen	Independent Director	Profile
Yu Chen	Independent Director	Profile
Yigang Shan	Executive Director	Profile

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