Sunrise Realty Correlations

SUNS Stock

USD 14.78 0.10 0.67%

The current 90-days correlation between Sunrise Realty Trust, and Lindblad Expeditions Holdings is 0.37 (i.e., Weak diversification). The correlation of Sunrise Realty 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.

Sunrise Realty Correlation With Market

Modest diversification

The correlation between Sunrise Realty Trust, and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sunrise Realty Trust, 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 Sunrise Realty Trust,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Moving together with Sunrise Stock

0.71	AC	Associated Capital	Pair Corr
0.76	BN	Brookfield Corp	Pair Corr
0.62	BX	Blackstone Group Normal Trading	Pair Corr
0.67	CG	Carlyle Group	Pair Corr
0.76	MA	Mastercard	Pair Corr
0.67	MC	Moelis	Pair Corr
0.64	PX	P10 Inc	Pair Corr
0.66	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.71	TW	Tradeweb Markets Normal Trading	Pair Corr
0.66	VCTR	Victory Capital Holdings Sell-off Trend	Pair Corr
0.65	VIRT	Virtu Financial Normal Trading	Pair Corr
0.62	DYCQ	DT Cloud Acquisition	Pair Corr

Moving against Sunrise Stock

0.56	XP	Xp Inc	Pair Corr
0.53	PT	Pintec Technology	Pair Corr
0.52	RC	Ready Capital Corp	Pair Corr
0.65	BRACU	Broad Capital Acquisition	Pair Corr
0.48	EMCGU	Embrace Change Acqui	Pair Corr
0.37	PFTAU	Portage Fintech Acqu	Pair Corr

Related Correlations Analysis

	LIND	JDDSF	TNDM	ASO	UEC	MBOT	CPIX
LIND		0.2	-0.58	-0.58	0.42	0.21	-0.54	LIND
JDDSF	0.2		-0.57	-0.23	0.46	0.44	-0.25	JDDSF
TNDM	-0.58	-0.57		0.81	-0.83	-0.4	0.74	TNDM
ASO	-0.58	-0.23	0.81		-0.55	-0.25	0.55	ASO
UEC	0.42	0.46	-0.83	-0.55		0.31	-0.7	UEC
MBOT	0.21	0.44	-0.4	-0.25	0.31		0.08	MBOT
CPIX	-0.54	-0.25	0.74	0.55	-0.7	0.08		CPIX
	LIND	JDDSF	TNDM	ASO	UEC	MBOT	CPIX

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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

ASO	+ 0.81	TNDM
CPIX	+ 0.74	TNDM
CPIX	+ 0.55	ASO
UEC	+ 0.46	JDDSF
MBOT	+ 0.44	JDDSF
UEC	+ 0.42	LIND

High negative correlations

UEC	- 0.83	TNDM
CPIX	- 0.7	UEC
ASO	- 0.58	LIND
TNDM	- 0.58	LIND
TNDM	- 0.57	JDDSF
UEC	- 0.55	ASO

Risk-Adjusted Indicators

There is a big difference between Sunrise Stock performing well and Sunrise Realty 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 Sunrise Realty'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
LIND	2.82	0.31	0.20	0.23	2.18	(4.06)	4.92	(3.83)	29.57
JDDSF	0.54	(0.14)	0.00	(0.38)	0.00	0.00	0.00	0.00	29.30
TNDM	2.45	(0.62)	0.00	(0.31)	0.00	0.00	4.47	(4.60)	13.13
ASO	1.61	(0.27)	0.00	(0.72)	0.00	0.00	3.99	(3.25)	9.63
UEC	3.46	0.69	0.22	0.42	3.09	(4.28)	11.59	(5.35)	22.80
MBOT	2.19	(0.21)	0.00	(0.20)	0.00	0.00	4.17	(4.95)	15.87
CPIX	1.79	(0.46)	0.00	(0.67)	0.00	0.00	3.51	(4.69)	10.64

Sunrise Realty Corporate Executives

Elected by the shareholders, the Sunrise Realty's board of directors comprises two types of representatives: Sunrise Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sunrise. The board's role is to monitor Sunrise Realty's management team and ensure that shareholders' interests are well served. Sunrise Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sunrise Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.

Brandon Hetzel

CFO Treasurer

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