Manhattan Bridge Correlations

LOAN Stock

USD 5.72 0.05 0.87%

A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manhattan Bridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manhattan Bridge Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Manhattan Bridge Correlation With Market

Significant diversification

The correlation between Manhattan Bridge Capital and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Manhattan Bridge Capital and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Manhattan Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving against Manhattan Stock

0.64	NREF	Nexpoint Real Estate	Pair Corr
0.52	ABR	Arbor Realty Trust Earnings Call This Week	Pair Corr
0.5	RC	Ready Capital Corp	Pair Corr
0.65	RWT	Redwood Trust	Pair Corr
0.61	SACH-PA	Sachem Capital Corp	Pair Corr
0.44	ACR-PD	ACRES Commercial Realty	Pair Corr

Related Correlations Analysis

	FBRT	AGNCN	NREF	AJX	LADR	AAIC	SACH	EARN	ACR	ACRE
FBRT		0.07	0.24	0.0	0.68	0.0	0.32	0.26	0.26	0.37	FBRT
AGNCN	0.07		-0.78	0.0	-0.62	0.0	-0.15	0.01	0.25	-0.79	AGNCN
NREF	0.24	-0.78		0.0	0.48	0.0	-0.07	0.38	0.2	0.84	NREF
AJX	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	AJX
LADR	0.68	-0.62	0.48	0.0		0.0	0.65	0.01	-0.14	0.87	LADR
AAIC	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	AAIC
SACH	0.32	-0.15	-0.07	0.0	0.65	0.0		-0.59	-0.56	0.38	SACH
EARN	0.26	0.01	0.38	0.0	0.01	0.0	-0.59		0.64	0.12	EARN
ACR	0.26	0.25	0.2	0.0	-0.14	0.0	-0.56	0.64		-0.06	ACR
ACRE	0.37	-0.79	0.84	0.0	0.87	0.0	0.38	0.12	-0.06		ACRE
	FBRT	AGNCN	NREF	AJX	LADR	AAIC	SACH	EARN	ACR	ACRE

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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

ACRE	+ 0.87	LADR
ACRE	+ 0.84	NREF
LADR	+ 0.68	FBRT
SACH	+ 0.65	LADR
ACR	+ 0.64	EARN
LADR	+ 0.48	NREF

High negative correlations

ACRE	- 0.79	AGNCN
NREF	- 0.78	AGNCN
LADR	- 0.62	AGNCN
EARN	- 0.59	SACH
ACR	- 0.56	SACH
SACH	- 0.15	AGNCN

Risk-Adjusted Indicators

There is a big difference between Manhattan Stock performing well and Manhattan Bridge 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 Manhattan Bridge'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
FBRT	0.85	0.01	(0.04)	0.13	1.19	(0.88)	1.90	(2.04)	5.55
AGNCN	0.27	0.02	(0.17)	1.14	0.28	(0.31)	0.52	(0.60)	2.62
NREF	1.17	0.08	0.02	0.33	1.40	(1.33)	2.90	(2.33)	11.11
AJX	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LADR	0.89	(0.02)	(0.05)	0.05	1.14	(0.99)	1.72	(1.87)	4.80
AAIC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SACH	3.49	(1.07)	0.00	(3.62)	0.00	0.00	7.96	(7.37)	19.17
EARN	1.03	0.01	(0.02)	0.11	1.24	(1.10)	1.96	(2.03)	6.55
ACR	1.35	0.28	0.10	6.93	1.58	(1.54)	3.53	(2.64)	10.77
ACRE	1.72	(0.31)	0.00	(0.28)	0.00	0.00	2.99	(3.82)	9.16

Manhattan Bridge Corporate Executives

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

Vanessa Kao

CFO, VP, Treasurer, Secretary, CFO of MBC Funding II Corp, VP of MBC Funding II Corp, Treasurer of MBC Funding II Corp and Secretary of MBC Funding II Corp

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