Millrose Properties Correlations
| MRP Stock | 30.83 1.63 5.58% |
The current 90-days correlation between Millrose Properties and Sotherly Hotels is -0.03 (i.e., Good diversification). The correlation of Millrose Properties 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.
Millrose Properties Correlation With Market
Very weak diversification
The correlation between Millrose Properties and DJI is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Millrose Properties and DJI in the same portfolio, assuming nothing else is changed.
Moving against Millrose Stock
| 0.69 | TUXS | Tuxis | PairCorr |
| 0.66 | FYBR | Frontier Communications Sell-off Trend | PairCorr |
| 0.6 | SMEGF | Siemens Energy AG Downward Rally | PairCorr |
| 0.56 | LAMR | Lamar Advertising | PairCorr |
| 0.56 | BHKLY | BOC Hong Kong | PairCorr |
| 0.52 | WSFS | WSFS Financial | PairCorr |
| 0.46 | ASXSF | Elysee Development Corp | PairCorr |
| 0.42 | MIELF | Mitsubishi Electric | PairCorr |
| 0.42 | F | Ford Motor Aggressive Push | PairCorr |
| 0.39 | ACN | Accenture plc | PairCorr |
| 0.66 | ATI | Allegheny Technologies | PairCorr |
| 0.65 | NMIH | NMI Holdings | PairCorr |
| 0.64 | ACLLF | Atco | PairCorr |
| 0.61 | WEICF | Weichai Power | PairCorr |
| 0.57 | TLSNY | Telia Company | PairCorr |
| 0.53 | PNGZF | Paringa Resources | PairCorr |
| 0.51 | ACR-PC | ACRES Commercial Realty | PairCorr |
| 0.4 | BOF | BranchOut Food Common | PairCorr |
| 0.38 | KCRD | Kindcard | PairCorr |
| 0.33 | SANM | Sanmina | PairCorr |
Related Correlations Analysis
| -0.79 | -0.59 | 0.23 | -0.43 | -0.6 | -0.07 | SOHO | ||
| -0.79 | 0.73 | 0.03 | 0.48 | 0.72 | -0.08 | NYC | ||
| -0.59 | 0.73 | 0.44 | 0.48 | 0.83 | 0.09 | OMH | ||
| 0.23 | 0.03 | 0.44 | 0.4 | 0.17 | 0.15 | WETH | ||
| -0.43 | 0.48 | 0.48 | 0.4 | 0.34 | 0.0 | AIRE | ||
| -0.6 | 0.72 | 0.83 | 0.17 | 0.34 | 0.04 | IHT | ||
| -0.07 | -0.08 | 0.09 | 0.15 | 0.0 | 0.04 | LGPS | ||
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 Millrose Stock performing well and Millrose Properties 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 Millrose Properties' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SOHO | 4.78 | 2.21 | 1.32 | 2.09 | 0.00 | 5.75 | 142.94 | |||
| NYC | 2.72 | (0.13) | 0.00 | (0.17) | 0.00 | 5.48 | 15.38 | |||
| OMH | 3.66 | (0.47) | 0.00 | (0.11) | 0.00 | 6.90 | 35.41 | |||
| WETH | 5.84 | 0.56 | 0.09 | 0.33 | 6.49 | 16.12 | 55.44 | |||
| AIRE | 6.96 | (0.34) | 0.00 | 0.01 | 8.28 | 10.87 | 84.44 | |||
| IHT | 2.49 | (0.29) | 0.00 | 0.36 | 0.00 | 4.64 | 20.88 | |||
| LGPS | 3.13 | (0.06) | (0.02) | (0.01) | 3.22 | 10.10 | 32.72 |
Millrose Properties Corporate Executives
Elected by the shareholders, the Millrose Properties' board of directors comprises two types of representatives: Millrose Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Millrose. The board's role is to monitor Millrose Properties' management team and ensure that shareholders' interests are well served. Millrose Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Millrose Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Garett Rosenblum | CFO Treasurer | Profile |