Real Brokerage Correlations

REAX Stock

USD 5.49 0.15 2.81%

The current 90-days correlation between Real Brokerage and Anywhere Real Estate is 0.34 (i.e., Weak diversification). The correlation of Real Brokerage 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.

Real Brokerage Correlation With Market

Very weak diversification

The correlation between Real Brokerage and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Real Brokerage and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Real Brokerage. 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.

For more information on how to buy Real Stock please use our How to Invest in Real Brokerage guide.

Moving together with Real Stock

0.68

Ready Capital Corp Sell-off Trend

Pair Corr

Moving against Real Stock

0.55	VNO-PM	Vornado Realty Trust	Pair Corr
0.55	VNO-PO	Vornado Realty Trust	Pair Corr
0.52	VNO-PN	Vornado Realty Trust	Pair Corr
0.47	MRNO	Murano Global Investments	Pair Corr
0.43	VNO-PL	Vornado Realty Trust	Pair Corr
0.38	UE	Urban Edge Properties	Pair Corr
0.32	ZG	Zillow Group	Pair Corr
0.68	MITT-PC	AG Mortgage Investment	Pair Corr
0.64	MITT-PB	AG Mortgage Investment	Pair Corr
0.62	MITT-PA	AG Mortgage Investment	Pair Corr
0.62	AHR	American Healthcare REIT,	Pair Corr
0.6	CDR-PC	Cedar Realty Trust	Pair Corr
0.59	BFS-PD	Saul Centers	Pair Corr
0.58	BFS-PE	Saul Centers	Pair Corr
0.57	EQIX	Equinix	Pair Corr

Related Correlations Analysis

	HOUS	MMI	FRPH	MLP	RDFN	OPEN	RMAX	MAYS	NEN	RMR
HOUS		0.0	-0.31	0.19	0.71	0.76	0.23	0.12	-0.48	0.49	HOUS
MMI	0.0		0.59	0.25	0.02	0.12	0.28	0.3	-0.02	-0.47	MMI
FRPH	-0.31	0.59		0.16	-0.38	-0.36	0.2	-0.05	0.28	-0.57	FRPH
MLP	0.19	0.25	0.16		0.02	0.29	-0.11	0.13	-0.01	0.13	MLP
RDFN	0.71	0.02	-0.38	0.02		0.69	0.64	-0.02	-0.34	0.62	RDFN
OPEN	0.76	0.12	-0.36	0.29	0.69		0.29	0.18	-0.37	0.5	OPEN
RMAX	0.23	0.28	0.2	-0.11	0.64	0.29		-0.14	-0.1	0.29	RMAX
MAYS	0.12	0.3	-0.05	0.13	-0.02	0.18	-0.14		-0.13	-0.22	MAYS
NEN	-0.48	-0.02	0.28	-0.01	-0.34	-0.37	-0.1	-0.13		-0.22	NEN
RMR	0.49	-0.47	-0.57	0.13	0.62	0.5	0.29	-0.22	-0.22		RMR
	HOUS	MMI	FRPH	MLP	RDFN	OPEN	RMAX	MAYS	NEN	RMR

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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

OPEN	+ 0.76	HOUS
RDFN	+ 0.71	HOUS
OPEN	+ 0.69	RDFN
RMAX	+ 0.64	RDFN
RMR	+ 0.62	RDFN
FRPH	+ 0.59	MMI

High negative correlations

RMR	- 0.57	FRPH
NEN	- 0.48	HOUS
RMR	- 0.47	MMI
RDFN	- 0.38	FRPH
NEN	- 0.37	OPEN
OPEN	- 0.36	FRPH

Risk-Adjusted Indicators

There is a big difference between Real Stock performing well and Real Brokerage 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 Real Brokerage'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
HOUS	2.98	(0.16)	(0.04)	0.00	3.16	(3.64)	6.89	(5.35)	19.60
MMI	1.37	0.00	0.02	0.12	1.50	(1.50)	4.32	(2.59)	9.67
FRPH	1.03	0.07	0.05	0.19	0.99	(1.18)	2.20	(1.94)	5.60
MLP	2.19	(0.14)	0.01	0.07	2.86	(2.29)	4.26	(5.00)	20.43
RDFN	4.41	(0.12)	0.01	0.07	4.91	(5.01)	12.03	(7.86)	41.27
OPEN	4.07	(0.24)	(0.01)	0.03	4.50	(4.73)	6.86	(7.41)	21.47
RMAX	2.60	0.19	0.08	0.30	2.45	(3.19)	5.18	(4.18)	24.53
MAYS	0.95	0.02	0.00	0.09	0.00	0.00	3.31	(3.62)	11.71
NEN	1.35	0.30	0.06	(0.59)	1.49	(1.58)	3.70	(3.59)	12.12
RMR	0.92	(0.26)	0.00	(0.14)	0.00	0.00	1.96	(1.85)	10.22

Real Brokerage Corporate Management

Tamir Poleg	Chairman CoFounder	Profile
Dre Madden	Chief Officer	Profile
Christian Wallace	Chief Services	Profile
Jason Lee	Vice Relations	Profile
Jenna Rozenblat	Chief Officer	Profile
Pritesh Damani	Chief Officer	Profile

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