Creative Media Correlations
| CMCT Stock | USD 2.17 0.08 3.56% |
The current 90-days correlation between Creative Media Community and New Concept Energy is -0.06 (i.e., Good diversification). The correlation of Creative Media 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.
Creative Media Correlation With Market
Excellent diversification
The correlation between Creative Media Community and DJI is -0.57 (i.e., Excellent diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Creative Media Community and DJI in the same portfolio, assuming nothing else is changed.
Moving against Creative Stock
| 0.56 | FR | First Industrial Realty | PairCorr |
| 0.51 | 0FA | Farmland Partners | PairCorr |
| 0.51 | SGRO | Segro Plc | PairCorr |
| 0.49 | O1A | One Liberty Properties Earnings Call This Week | PairCorr |
| 0.45 | 6CL | DigitalBridge Group | PairCorr |
| 0.43 | 5PP | LondonMetric Property Plc | PairCorr |
| 0.42 | BEI-UN | Boardwalk Real Estate | PairCorr |
| 0.4 | PRSR | PRS Reit PLC | PairCorr |
| 0.36 | CAR-UN | Canadian Apartment Split | PairCorr |
| 0.59 | RFF | Rural Funds Group | PairCorr |
| 0.4 | IIP-UN | InterRent Real Estate Earnings Call This Week | PairCorr |
| 0.39 | UK8 | CubeSmart Earnings Call Today | PairCorr |
| 0.53 | DEA | Eerly Govt Ppty | PairCorr |
| 0.52 | DHC | Diversified Healthcare Earnings Call This Week | PairCorr |
| 0.5 | EGP | EastGroup Properties | PairCorr |
| 0.39 | ARE | Alexandria Real Estate | PairCorr |
| 0.37 | BNL | Broadstone Net Lease | PairCorr |
| 0.31 | AHH | Armada Hflr Pr | PairCorr |
Related Correlations Analysis
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Creative Stock performing well and Creative Media 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 Creative Media'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GBR | 2.81 | 0.12 | 0.01 | 0.42 | 3.14 | 6.33 | 20.70 | |||
| SQFT | 4.69 | (0.73) | 0.00 | (0.28) | 0.00 | 9.50 | 36.18 | |||
| PW | 4.50 | 0.62 | 0.11 | 0.78 | 5.19 | 11.67 | 33.42 | |||
| WHLR | 8.72 | (1.90) | 0.00 | (3.52) | 0.00 | 12.33 | 125.65 | |||
| SGD | 7.37 | (2.33) | 0.00 | (1.95) | 0.00 | 11.24 | 70.37 | |||
| UOKA | 9.53 | (2.39) | 0.00 | (0.52) | 0.00 | 24.71 | 165.45 | |||
| GIPR | 4.63 | (0.85) | 0.00 | (0.68) | 0.00 | 12.31 | 33.80 | |||
| LRHC | 5.56 | (4.35) | 0.00 | (1.66) | 0.00 | 8.16 | 39.55 |
Creative Media Corporate Management
| CPA CPA | Treasurer, Acct | Profile | |
| Ryan Harter | Principal Group | Profile | |
| Jordan Dembo | MD Officer | Profile | |
| Stephen Altebrando | Vice Markets | Profile | |
| Jordan JD | MD Officer | Profile | |
| Chris Allman | Managing Markets | Profile | |
| Jolly Singh | Managing Investments | Profile |