Frp Holdings Correlations

FRPH Stock

USD 30.44 0.17 0.56%

The current 90-days correlation between Frp Holdings Ord and Transcontinental Realty Investors is 0.28 (i.e., Modest diversification). The correlation of Frp 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.

Frp Holdings Correlation With Market

Modest diversification

The correlation between Frp Holdings Ord and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Frp Holdings Ord 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 Frp Holdings Ord. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Frp Stock

0.78	ZG	Zillow Group	Pair Corr
0.73	DOUG	Douglas Elliman	Pair Corr
0.65	ARL	American Realty Investors Upward Rally	Pair Corr
0.83	CWK	Cushman Wakefield plc	Pair Corr
0.66	FSV	FirstService Corp	Pair Corr
0.88	HHH	Howard Hughes	Pair Corr
0.69	LRE	Lead Real Estate	Pair Corr
0.84	MMI	Marcus Millichap	Pair Corr
0.76	VRE	Veris Residential	Pair Corr
0.69	HOUS	Anywhere Real Estate	Pair Corr

Moving against Frp Stock

0.48	NYC	New York City	Pair Corr
0.45	SGD	Safe and Green	Pair Corr
0.38	ASPS	Altisource Portfolio	Pair Corr
0.32	GIPRW	Generation Income	Pair Corr
0.32	SQFT	Presidio Property Trust	Pair Corr
0.31	XHG	XChange TECINC Symbol Change	Pair Corr

Related Correlations Analysis

	TCI	MAYS	HOUS	RMAX	NEN	MMI	FTHM	CIGI	MLP
TCI		0.29	0.06	0.03	0.3	0.14	-0.35	-0.22	0.03	TCI
MAYS	0.29		0.04	0.06	0.03	-0.35	0.08	-0.13	-0.26	MAYS
HOUS	0.06	0.04		0.9	-0.04	0.73	0.5	0.77	0.69	HOUS
RMAX	0.03	0.06	0.9		-0.17	0.75	0.61	0.87	0.73	RMAX
NEN	0.3	0.03	-0.04	-0.17		0.09	-0.52	-0.34	-0.08	NEN
MMI	0.14	-0.35	0.73	0.75	0.09		0.13	0.61	0.77	MMI
FTHM	-0.35	0.08	0.5	0.61	-0.52	0.13		0.79	0.42	FTHM
CIGI	-0.22	-0.13	0.77	0.87	-0.34	0.61	0.79		0.62	CIGI
MLP	0.03	-0.26	0.69	0.73	-0.08	0.77	0.42	0.62		MLP
	TCI	MAYS	HOUS	RMAX	NEN	MMI	FTHM	CIGI	MLP

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

RMAX	+ 0.9	HOUS
CIGI	+ 0.87	RMAX
CIGI	+ 0.79	FTHM
CIGI	+ 0.77	HOUS
MLP	+ 0.77	MMI
MMI	+ 0.75	RMAX

High negative correlations

FTHM	- 0.52	NEN
MMI	- 0.35	MAYS
FTHM	- 0.35	TCI
CIGI	- 0.34	NEN
MLP	- 0.26	MAYS
CIGI	- 0.22	TCI

Risk-Adjusted Indicators

There is a big difference between Frp Stock performing well and Frp 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 Frp 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
TCI	1.51	0.04	0.01	(0.78)	1.85	(1.77)	2.73	(3.53)	10.82
MAYS	1.03	(0.12)	0.00	0.27	0.00	0.00	3.48	(3.62)	11.71
HOUS	2.94	(0.44)	0.00	(0.29)	0.00	0.00	5.74	(7.40)	19.59
RMAX	2.46	(0.24)	0.00	(0.15)	0.00	0.00	5.11	(3.99)	22.02
NEN	1.64	0.25	0.10	(6.58)	1.82	(1.92)	4.39	(3.61)	12.12
MMI	1.33	(0.02)	(0.01)	0.00	1.89	(1.19)	3.14	(2.63)	9.45
FTHM	3.22	(0.86)	0.00	(1.35)	0.00	0.00	5.19	(8.86)	20.38
CIGI	1.22	(0.12)	0.00	(0.40)	0.00	0.00	2.64	(1.80)	10.03
MLP	1.91	(0.25)	0.00	(0.29)	0.00	0.00	4.27	(3.21)	20.43

Frp Holdings Corporate Executives

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

Matthew McNulty

CFO Treasurer

Profile

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