Trump Media Correlations

DJTWW Stock

21.81 0.10 0.46%

The current 90-days correlation between Trump Media Technology and Two Harbors Investments is 0.02 (i.e., Significant diversification). The correlation of Trump 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.

Trump Media Correlation With Market

Good diversification

The correlation between Trump Media Technology and DJI is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Trump Media Technology and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Trump Media Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Moving together with Trump Stock

0.97

DJT

Trump Media Technology Symbol Change

Pair Corr

Moving against Trump Stock

0.54	Z	Zillow Group Class	Pair Corr
0.46	GENI	Genius Sports	Pair Corr
0.43	CCG	Cheche Group Class	Pair Corr

Related Correlations Analysis

	TWO-P-C	TNJIF	NWE	AIV	X	GFL	SLRC	SEVT
TWO-P-C		0.24	-0.13	-0.1	-0.3	0.46	0.42	0.0	TWO-P-C
TNJIF	0.24		-0.12	0.05	-0.12	0.43	0.31	0.0	TNJIF
NWE	-0.13	-0.12		0.32	0.47	-0.01	0.07	0.0	NWE
AIV	-0.1	0.05	0.32		0.17	-0.28	0.61	0.0	AIV
X	-0.3	-0.12	0.47	0.17		-0.03	-0.35	0.0	X
GFL	0.46	0.43	-0.01	-0.28	-0.03		0.33	0.0	GFL
SLRC	0.42	0.31	0.07	0.61	-0.35	0.33		0.0	SLRC
SEVT	0.0	0.0	0.0	0.0	0.0	0.0	0.0		SEVT
	TWO-P-C	TNJIF	NWE	AIV	X	GFL	SLRC	SEVT

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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

SLRC	+ 0.61	AIV
X	+ 0.47	NWE
GFL	+ 0.46	TWO-P-C
GFL	+ 0.43	TNJIF
SLRC	+ 0.42	TWO-P-C
SLRC	+ 0.33	GFL

High negative correlations

SLRC	- 0.35	X
X	- 0.3	TWO-P-C
GFL	- 0.28	AIV
NWE	- 0.13	TWO-P-C
X	- 0.12	TNJIF
NWE	- 0.12	TNJIF

Risk-Adjusted Indicators

There is a big difference between Trump Stock performing well and Trump 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 Trump 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
TWO-P-C	0.23	0.00	(0.18)	0.17	0.36	(0.27)	0.49	(0.53)	2.54
TNJIF	0.35	0.17	0.00	(2.21)	0.00	0.00	0.00	0.00	11.76
NWE	1.11	(0.02)	(0.04)	0.01	1.70	(1.03)	2.47	(3.07)	7.15
AIV	1.20	0.16	0.07	1.87	1.26	(1.42)	3.07	(2.07)	11.40
X	2.52	(0.05)	0.00	(0.08)	0.00	0.00	6.13	(5.55)	17.96
GFL	1.05	0.09	0.04	0.35	0.97	(1.20)	2.80	(1.63)	7.37
SLRC	0.66	0.15	0.14	0.64	0.49	(0.79)	1.46	(0.99)	5.09
SEVT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Trump Media Corporate Management

Scott Glabe	General Secretary	Profile
Sandro Moraes	Chief Officer	Profile
Vladimir Novachki	Chief Officer	Profile
Andrew Northwall	Chief Officer	Profile
Phillip Juhan	Chief Officer	Profile

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