Tejon Ranch Correlations

TRC Stock

USD 15.87 0.06 0.38%

The current 90-days correlation between Tejon Ranch and Falcons Beyond Global, is -0.07 (i.e., Good diversification). The correlation of Tejon Ranch 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.

Tejon Ranch Correlation With Market

Very weak diversification

The correlation between Tejon Ranch Co 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 Tejon Ranch Co and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Tejon Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tejon Ranch Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Moving against Tejon Stock

0.32

OPINL

Office Properties Income

Pair Corr

Related Correlations Analysis

	FBYD	CODI	MTRX	ULH	ESEA	ORN	SRTA	SWBI	EVTL
FBYD		-0.26	-0.53	-0.43	0.3	0.47	-0.5	0.0	0.38	FBYD
CODI	-0.26		0.34	0.45	-0.02	-0.61	0.05	-0.06	-0.02	CODI
MTRX	-0.53	0.34		0.35	-0.18	0.02	0.46	0.24	-0.12	MTRX
ULH	-0.43	0.45	0.35		-0.04	-0.58	0.6	0.41	0.45	ULH
ESEA	0.3	-0.02	-0.18	-0.04		0.12	-0.38	-0.4	0.07	ESEA
ORN	0.47	-0.61	0.02	-0.58	0.12		-0.14	0.17	0.09	ORN
SRTA	-0.5	0.05	0.46	0.6	-0.38	-0.14		0.57	0.31	SRTA
SWBI	0.0	-0.06	0.24	0.41	-0.4	0.17	0.57		0.71	SWBI
EVTL	0.38	-0.02	-0.12	0.45	0.07	0.09	0.31	0.71		EVTL
	FBYD	CODI	MTRX	ULH	ESEA	ORN	SRTA	SWBI	EVTL

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

EVTL	+ 0.71	SWBI
SRTA	+ 0.6	ULH
SWBI	+ 0.57	SRTA
ORN	+ 0.47	FBYD
SRTA	+ 0.46	MTRX
ULH	+ 0.45	CODI

High negative correlations

ORN	- 0.61	CODI
ORN	- 0.58	ULH
MTRX	- 0.53	FBYD
SRTA	- 0.5	FBYD
ULH	- 0.43	FBYD
SWBI	- 0.4	ESEA

Risk-Adjusted Indicators

There is a big difference between Tejon Stock performing well and Tejon Ranch 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 Tejon Ranch'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
FBYD	6.94	0.93	0.11	(15.75)	7.47	(8.31)	20.40	(14.04)	45.53
CODI	4.11	(0.44)	0.00	(0.45)	0.00	0.00	7.26	(7.77)	35.96
MTRX	1.97	(0.26)	0.00	(0.07)	0.00	0.00	3.20	(4.06)	22.65
ULH	3.22	(0.75)	0.00	(0.20)	0.00	0.00	8.52	(6.63)	18.10
ESEA	1.94	(0.25)	0.00	(0.09)	0.00	0.00	3.91	(4.93)	18.11
ORN	2.80	0.18	0.08	0.15	3.23	(3.16)	5.20	(5.71)	25.03
SRTA	2.94	(0.26)	0.00	(0.01)	0.00	0.00	6.22	(5.92)	20.66
SWBI	1.68	0.04	0.03	0.11	1.86	(2.20)	4.08	(2.42)	24.91
EVTL	3.91	(0.11)	(0.01)	0.02	5.15	(3.96)	8.59	(6.45)	32.52

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC