Sachem Capital Correlations

SCCC Stock

USD 24.28 0.11 0.46%

The current 90-days correlation between Sachem Capital Corp and Sachem Capital Corp is 0.23 (i.e., Modest 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 0.03 (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

0.79	VNO-PL	Vornado Realty Trust	Pair Corr
0.85	VNO-PM	Vornado Realty Trust	Pair Corr
0.81	VNO-PN	Vornado Realty Trust	Pair Corr
0.85	VNO-PO	Vornado Realty Trust	Pair Corr
0.71	RJF-PB	Raymond James Financial	Pair Corr
0.79	MITT-PA	AG Mortgage Investment	Pair Corr
0.79	MITT-PB	AG Mortgage Investment	Pair Corr
0.63	MITT-PC	AG Mortgage Investment	Pair Corr
0.78	NOVVU	Nova Vision Acquisition	Pair Corr

Moving against Sachem Stock

0.7	YHNAU	YHN Acquisition I	Pair Corr
0.67	RC	Ready Capital Corp Sell-off Trend	Pair Corr
0.51	VSAC	Vision Sensing Acqui	Pair Corr
0.49	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.43	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.42	FR	First Industrial Realty	Pair Corr
0.38	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.35	BRACR	Broad Capital Acquisition	Pair Corr
0.33	VICI	VICI Properties	Pair Corr
0.57	ILLRW	Triller Group Symbol Change	Pair Corr
0.39	ECRO	Ecc Cap Corp	Pair Corr
0.39	MLECW	Moolec Science SA	Pair Corr

Related Correlations Analysis

	RILYO	SACC	HROWL	SCCB	BWSN
RILYO		0.44	0.61	0.81	0.45	RILYO
SACC	0.44		0.83	0.8	0.89	SACC
HROWL	0.61	0.83		0.85	0.84	HROWL
SCCB	0.81	0.8	0.85		0.8	SCCB
BWSN	0.45	0.89	0.84	0.8		BWSN
	RILYO	SACC	HROWL	SCCB	BWSN

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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
RILYO	0.41	0.03	(0.19)	(0.25)	0.42	(0.53)	1.20	(0.86)	2.95
SACC	0.10	0.01	(0.61)	2.01	0.00	(0.12)	0.24	(0.28)	0.84
HROWL	0.24	0.02	(0.31)	(0.65)	0.25	(0.28)	0.59	(0.55)	1.92
SCCB	0.09	0.02	(0.41)	0.71	0.00	(0.13)	0.28	(0.20)	1.27
BWSN	0.62	0.19	0.08	121.85	0.68	(0.69)	1.49	(1.41)	4.68

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