Rithm Capital Correlations

RITM Stock

USD 10.79 0.15 1.41%

The current 90-days correlation between Rithm Capital Corp and Starwood Property Trust is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rithm Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rithm Capital Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Rithm Capital Correlation With Market

Very weak diversification

The correlation between Rithm Capital Corp and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rithm Capital Corp 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 Rithm Capital Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Rithm Stock

0.63	PT	Pintec Technology	Pair Corr
0.85	RC	Ready Capital Corp	Pair Corr
0.79	RM	Regional Management Corp	Pair Corr
0.7	XP	Xp Inc	Pair Corr
0.67	BRACU	Broad Capital Acquisition	Pair Corr

Moving against Rithm Stock

0.9	LX	Lexinfintech Holdings	Pair Corr
0.8	CG	Carlyle Group	Pair Corr
0.78	AC	Associated Capital	Pair Corr
0.73	AB	AllianceBernstein	Pair Corr
0.71	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.68	BN	Brookfield Corp	Pair Corr
0.66	MA	Mastercard	Pair Corr
0.64	LC	LendingClub Corp	Pair Corr
0.62	DIST	Distoken Acquisition	Pair Corr
0.62	BX	Blackstone Group Normal Trading	Pair Corr
0.6	DB	Deutsche Bank AG	Pair Corr
0.52	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.5	LU	Lufax Holding	Pair Corr
0.36	V	Visa Class A	Pair Corr
0.32	MC	Moelis Potential Growth	Pair Corr
0.88	QD	Qudian Inc	Pair Corr
0.83	TW	Tradeweb Markets Normal Trading	Pair Corr
0.72	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.71	VCTR	Victory Capital Holdings Normal Trading	Pair Corr
0.65	PX	P10 Inc	Pair Corr
0.55	GCMGW	GCM Grosvenor	Pair Corr
0.47	WT	WisdomTree	Pair Corr
0.37	WD	Walker Dunlop	Pair Corr
0.33	DPCS	DP Cap Acquisition	Pair Corr
0.79	DYCQ	DT Cloud Acquisition	Pair Corr
0.6	NOVVU	Nova Vision Acquisition	Pair Corr
0.51	VRTS	Virtus Investment	Pair Corr
0.51	LGHLW	Lion Financial Group	Pair Corr
0.4	VIRT	Virtu Financial Normal Trading	Pair Corr
0.39	VMCA	Valuence Merger Corp	Pair Corr

Related Correlations Analysis

	STWD	AGNC	BXMT	ACRE	BRMK	TWO	ARI	EFC	CIM
STWD		0.44	0.44	0.03	0.02	0.35	-0.11	0.15	0.64	STWD
AGNC	0.44		0.23	0.32	-0.43	0.77	0.03	0.58	0.63	AGNC
BXMT	0.44	0.23		0.47	-0.18	0.0	-0.33	0.1	0.74	BXMT
ACRE	0.03	0.32	0.47		-0.22	0.25	0.31	0.52	0.25	ACRE
BRMK	0.02	-0.43	-0.18	-0.22		-0.47	-0.17	-0.47	-0.35	BRMK
TWO	0.35	0.77	0.0	0.25	-0.47		0.5	0.87	0.42	TWO
ARI	-0.11	0.03	-0.33	0.31	-0.17	0.5		0.68	-0.24	ARI
EFC	0.15	0.58	0.1	0.52	-0.47	0.87	0.68		0.35	EFC
CIM	0.64	0.63	0.74	0.25	-0.35	0.42	-0.24	0.35		CIM
	STWD	AGNC	BXMT	ACRE	BRMK	TWO	ARI	EFC	CIM

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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

EFC	+ 0.87	TWO
TWO	+ 0.77	AGNC
CIM	+ 0.74	BXMT
EFC	+ 0.68	ARI
CIM	+ 0.64	STWD
CIM	+ 0.63	AGNC

High negative correlations

EFC	- 0.47	BRMK
TWO	- 0.47	BRMK
BRMK	- 0.43	AGNC
CIM	- 0.35	BRMK
ARI	- 0.33	BXMT
CIM	- 0.24	ARI

Risk-Adjusted Indicators

There is a big difference between Rithm Stock performing well and Rithm Capital 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 Rithm Capital'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
STWD	0.78	0.02	(0.06)	(0.08)	1.29	(0.72)	1.45	(1.94)	5.81
AGNC	0.82	(0.04)	0.00	(0.12)	0.00	0.00	1.49	(2.10)	5.49
BXMT	1.09	0.05	0.01	0.16	1.28	(1.23)	2.27	(2.25)	6.93
ACRE	1.39	0.04	0.02	0.13	1.68	(1.52)	2.88	(2.67)	13.22
BRMK	1.63	(0.07)	0.00	(0.11)	0.00	0.00	3.02	(4.08)	8.68
TWO	0.93	(0.27)	0.00	(0.35)	0.00	0.00	1.42	(2.21)	8.41
ARI	0.95	(0.16)	0.00	(0.23)	0.00	0.00	2.23	(2.25)	8.89
EFC	0.63	(0.09)	0.00	(0.17)	0.00	0.00	1.02	(1.26)	4.21
CIM	1.03	(0.07)	(0.06)	(0.01)	1.51	(1.03)	1.80	(2.36)	8.55

Rithm Capital Corporate Management

Charles Sorrentino	Managing Director	Profile
Varun Wadhawan	Managing Director	Profile
Philip CFA	Chief Secretary	Profile
CFA CFA	Chief Officer	Profile
David Schonbraun	Managing Group	Profile

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