Sachem Capital Correlations

SACH Stock

USD 1.59 0.07 4.22%

The current 90-days correlation between Sachem Capital Corp and Broadmark Realty Capital is 0.15 (i.e., Average diversification). The correlation of Sachem Capital 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.

Sachem Capital Correlation With Market

Significant diversification

The correlation between Sachem Capital Corp and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sachem Capital Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sachem 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 main economic indicators.

Moving together with Sachem Stock

0.61

IVR-PC

Invesco Mortgage Capital

Pair Corr

Moving against Sachem Stock

0.67	NLY-PF	Annaly Capital Management	Pair Corr
0.65	ACR-PC	ACRES Commercial Realty	Pair Corr
0.58	NLY-PI	Annaly Capital Management	Pair Corr
0.55	MITT-PC	AG Mortgage Investment	Pair Corr
0.55	NLY-PG	Annaly Capital Management	Pair Corr
0.48	GPMT-PA	Granite Point Mortgage	Pair Corr
0.37	LFT-PA	Lument Finance Trust	Pair Corr
0.73	IVR-PB	Invesco Mortgage Capital	Pair Corr
0.69	RITM-PC	Rithm Capital Corp	Pair Corr
0.64	NYMTM	New York Mortgage	Pair Corr
0.62	NYMTL	New York Mortgage	Pair Corr
0.61	RITM-PA	Rithm Capital Corp	Pair Corr
0.6	RITM-PB	Rithm Capital Corp	Pair Corr
0.57	ABR-PF	Arbor Realty Trust	Pair Corr
0.48	RITM-PD	Rithm Capital Corp	Pair Corr
0.75	CIM-PC	Chimera Investment	Pair Corr
0.73	CIM-PD	Chimera Investment	Pair Corr
0.65	MFA-PC	MFA Financial	Pair Corr
0.6	CIM-PB	Chimera Investment	Pair Corr
0.58	AGNCN	AGNC Investment Corp	Pair Corr
0.58	AGNCM	AGNC Investment Corp	Pair Corr

Related Correlations Analysis

	ARI	RC	EARN	KREF	EFC	BRMK	TWO	ACRE	DX	ORC
ARI		0.84	0.14	-0.03	0.67	0.01	0.47	0.35	0.01	0.52	ARI
RC	0.84		0.46	0.22	0.83	-0.15	0.71	0.52	0.1	0.72	RC
EARN	0.14	0.46		0.42	0.7	-0.31	0.76	0.19	0.31	0.59	EARN
KREF	-0.03	0.22	0.42		0.41	-0.71	0.4	0.39	0.43	0.38	KREF
EFC	0.67	0.83	0.7	0.41		-0.44	0.85	0.52	0.28	0.83	EFC
BRMK	0.01	-0.15	-0.31	-0.71	-0.44		-0.45	-0.25	-0.1	-0.35	BRMK
TWO	0.47	0.71	0.76	0.4	0.85	-0.45		0.17	-0.03	0.62	TWO
ACRE	0.35	0.52	0.19	0.39	0.52	-0.25	0.17		0.62	0.7	ACRE
DX	0.01	0.1	0.31	0.43	0.28	-0.1	-0.03	0.62		0.57	DX
ORC	0.52	0.72	0.59	0.38	0.83	-0.35	0.62	0.7	0.57		ORC
	ARI	RC	EARN	KREF	EFC	BRMK	TWO	ACRE	DX	ORC

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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

TWO	+ 0.85	EFC
RC	+ 0.84	ARI
EFC	+ 0.83	RC
ORC	+ 0.83	EFC
TWO	+ 0.76	EARN
ORC	+ 0.72	RC

High negative correlations

BRMK	- 0.71	KREF
TWO	- 0.45	BRMK
BRMK	- 0.44	EFC
ORC	- 0.35	BRMK
BRMK	- 0.31	EARN
ACRE	- 0.25	BRMK

Risk-Adjusted Indicators

There is a big difference between Sachem Stock performing well and Sachem 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 Sachem 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
ARI	0.92	(0.18)	0.00	(0.29)	0.00	0.00	1.47	(2.25)	7.94
RC	1.28	(0.28)	0.00	(0.14)	0.00	0.00	2.95	(2.57)	8.18
EARN	0.83	(0.03)	(0.12)	(0.04)	0.98	(0.97)	1.88	(1.85)	5.24
KREF	1.00	(0.02)	(0.05)	0.08	1.28	(1.09)	1.66	(2.34)	8.63
EFC	0.64	(0.11)	0.00	(0.18)	0.00	0.00	0.97	(1.26)	4.21
BRMK	1.63	(0.04)	0.00	0.93	0.00	0.00	3.02	(4.08)	8.68
TWO	0.94	(0.27)	0.00	(0.30)	0.00	0.00	1.42	(2.21)	8.41
ACRE	1.38	0.01	0.00	0.14	1.68	(1.51)	2.72	(2.67)	13.22
DX	0.75	0.02	(0.05)	0.17	1.04	(0.73)	1.56	(1.47)	4.65
ORC	0.85	(0.04)	(0.08)	0.01	1.38	(0.81)	1.66	(2.11)	6.32

Sachem Capital Corporate Management

Nicholas Marcello	Interim Operations	Profile
Eric OBrien	Senior Management	Profile
William Haydon	Chief Officer	Profile
John CPA	Ex CFO	Profile

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