Ecc Cap Correlations

Summary

ECRODelisted Stock

USD 0.02 0.00 0.00%

The current 90-days correlation between Ecc Cap Corp and Ready Capital Corp is 0.18 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ecc Cap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecc Cap Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Ecc Cap Correlation With Market

Good diversification

The correlation between Ecc Cap Corp and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ecc Cap Corp and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Ecc Cap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecc Cap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ecc Cap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ecc Cap Corp to buy it.

Moving together with Ecc Pink Sheet

0.61	RC	Ready Capital Corp	Pair Corr
0.62	ARI	Apollo Commercial Real	Pair Corr
0.65	ARR	ARMOUR Residential REIT Sell-off Trend	Pair Corr
0.71	EFC	Ellington Financial	Pair Corr
0.62	TWO	Two Harbors Investments	Pair Corr

Moving against Ecc Pink Sheet

0.72	ACR-PC	ACRES Commercial Realty	Pair Corr
0.68	ACR-PD	ACRES Commercial Realty	Pair Corr
0.67	NREF-PA	NexPoint Real Estate	Pair Corr
0.57	MITT-PB	AG Mortgage Investment	Pair Corr
0.51	LFT-PA	Lument Finance Trust	Pair Corr
0.49	MITT-PC	AG Mortgage Investment	Pair Corr
0.48	MITT-PA	AG Mortgage Investment	Pair Corr
0.4	ABR	Arbor Realty Trust	Pair Corr
0.72	RITM-PC	Rithm Capital Corp	Pair Corr
0.72	RITM-PA	Rithm Capital Corp	Pair Corr
0.72	RITM-PB	Rithm Capital Corp	Pair Corr
0.64	ABR-PF	Arbor Realty Trust	Pair Corr
0.61	RITM-PD	Rithm Capital Corp	Pair Corr
0.57	NLY-PF	Annaly Capital Management	Pair Corr
0.57	LOAN	Manhattan Bridge Capital	Pair Corr
0.52	ABR-PE	Arbor Realty Trust	Pair Corr
0.51	ABR-PD	Arbor Realty Trust	Pair Corr
0.5	TRTX-PC	TPG RE Finance Potential Growth	Pair Corr
0.47	GPMT-PA	Granite Point Mortgage	Pair Corr
0.44	SACH-PA	Sachem Capital Corp	Pair Corr
0.43	GPMT	Granite Point Mortgage	Pair Corr

Related Correlations Analysis

	RC	EARN	EFC	DX	ORC	BRMK	TWO	ACRE	ARI	RWT
RC		0.43	0.82	0.02	0.69	-0.13	0.72	0.49	0.84	0.11	RC
EARN	0.43		0.69	0.32	0.59	-0.31	0.76	0.2	0.13	0.65	EARN
EFC	0.82	0.69		0.24	0.82	-0.43	0.85	0.52	0.68	0.43	EFC
DX	0.02	0.32	0.24		0.55	-0.09	-0.01	0.6	-0.04	0.35	DX
ORC	0.69	0.59	0.82	0.55		-0.35	0.63	0.7	0.51	0.4	ORC
BRMK	-0.13	-0.31	-0.43	-0.09	-0.35		-0.45	-0.21	-0.06	-0.56	BRMK
TWO	0.72	0.76	0.85	-0.01	0.63	-0.45		0.2	0.48	0.57	TWO
ACRE	0.49	0.2	0.52	0.6	0.7	-0.21	0.2		0.34	0.2	ACRE
ARI	0.84	0.13	0.68	-0.04	0.51	-0.06	0.48	0.34		-0.23	ARI
RWT	0.11	0.65	0.43	0.35	0.4	-0.56	0.57	0.2	-0.23		RWT
	RC	EARN	EFC	DX	ORC	BRMK	TWO	ACRE	ARI	RWT

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

TWO	+ 0.85	EFC
ARI	+ 0.84	RC
EFC	+ 0.82	RC
ORC	+ 0.82	EFC
TWO	+ 0.76	EARN
TWO	+ 0.72	RC

High negative correlations

RWT	- 0.56	BRMK
TWO	- 0.45	BRMK
BRMK	- 0.43	EFC
BRMK	- 0.35	ORC
BRMK	- 0.31	EARN
RWT	- 0.23	ARI

Risk-Adjusted Indicators

There is a big difference between Ecc Pink Sheet performing well and Ecc Cap 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 Ecc Cap'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
RC	1.28	(0.27)	0.00	(0.13)	0.00	0.00	2.95	(2.57)	8.18
EARN	0.85	(0.01)	(0.08)	0.10	0.97	(1.01)	1.92	(1.85)	5.24
EFC	0.65	(0.09)	0.00	(0.11)	0.00	0.00	1.02	(1.26)	4.21
DX	0.75	0.02	(0.04)	0.18	1.03	(0.74)	1.56	(1.47)	4.65
ORC	0.86	(0.03)	(0.07)	0.05	1.38	(0.84)	1.66	(2.11)	6.35
BRMK	1.63	(0.09)	0.00	(0.11)	0.00	0.00	3.02	(4.08)	8.68
TWO	0.95	(0.26)	0.00	(0.27)	0.00	0.00	1.56	(2.21)	8.41
ACRE	1.38	0.02	0.00	0.14	1.68	(1.52)	2.88	(2.67)	13.22
ARI	0.95	(0.17)	0.00	(0.21)	0.00	0.00	2.23	(2.25)	8.89
RWT	1.13	(0.05)	(0.06)	0.04	1.36	(1.24)	2.37	(2.16)	10.13

View Ecc Cap Related Equities

Ready Capital Corp Ellington Residential Mortgage Ellington Financial Dynex Capital Orchid Island Capital Broadmark Realty Capital Two Harbors Investments Ares Commercial Real Apollo Commercial Real Redwood Trust AG Mortgage Investment Invesco Mortgage Capital MFA Financial New York Mortgage ARMOUR Residential REIT

Risk & Return

Correlation

Still Interested in Ecc Cap Corp?

Investing in delisted pink sheets can be risky, as the pink sheet is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC