ReAlpha Tech Correlations

AIRE Stock

0.19 0.03 18.75%

The current 90-days correlation between reAlpha Tech Corp and Lipocine is -0.12 (i.e., Good diversification). The correlation of ReAlpha Tech 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.

ReAlpha Tech Correlation With Market

Average diversification

The correlation between reAlpha Tech Corp and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding reAlpha Tech Corp and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with ReAlpha Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in reAlpha Tech 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 metropolitan statistical area.

Moving together with ReAlpha Stock

0.7	OMH	Ohmyhome Limited Ordinary	Pair Corr
0.74	GIPRW	Generation Income	Pair Corr

Moving against ReAlpha Stock

0.91	BHM	Bluerock Homes Trust	Pair Corr
0.87	CBL	CBL Associates Properties	Pair Corr
0.84	ONL	Orion Office Reit	Pair Corr
0.8	CWK	Cushman Wakefield plc	Pair Corr
0.79	JLL	Jones Lang LaSalle	Pair Corr
0.75	FTHM	Fathom Holdings	Pair Corr
0.74	KW	Kennedy Wilson Holdings	Pair Corr
0.71	FOR	Forestar Group	Pair Corr
0.7	ARL	American Realty Investors	Pair Corr
0.69	DOUG	Douglas Elliman	Pair Corr
0.64	OZ	Belpointe PREP LLC	Pair Corr
0.63	EXPI	eXp World Holdings Potential Growth	Pair Corr
0.61	FSV	FirstService Corp Earnings Call This Week	Pair Corr
0.58	AEI	Alset Ehome International	Pair Corr
0.92	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.91	TCI	Transcontinental Realty	Pair Corr
0.91	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.9	NXDT	NexPoint Strategic	Pair Corr
0.77	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.76	NMRK	Newmark Group Potential Growth	Pair Corr
0.72	DX	Dynex Capital Earnings Call This Week	Pair Corr
0.7	UE	Urban Edge Properties	Pair Corr
0.64	PK	Park Hotels Resorts	Pair Corr
0.52	O	Realty Income	Pair Corr
0.52	HR	Healthcare Realty Trust Sell-off Trend	Pair Corr
0.43	RC	Ready Capital Corp	Pair Corr
0.41	FR	First Industrial Realty	Pair Corr
0.92	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.9	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.85	MITT-PC	AG Mortgage Investment	Pair Corr
0.81	WELL	Welltower	Pair Corr

Related Correlations Analysis

	VALN	GOOS	SCVL	JL	GIL	LPCN	CTAS
VALN		-0.59	-0.6	-0.75	-0.59	-0.04	-0.52	VALN
GOOS	-0.59		0.78	0.93	0.74	0.02	0.62	GOOS
SCVL	-0.6	0.78		0.77	0.82	0.06	0.54	SCVL
JL	-0.75	0.93	0.77		0.7	-0.06	0.64	JL
GIL	-0.59	0.74	0.82	0.7		0.31	0.64	GIL
LPCN	-0.04	0.02	0.06	-0.06	0.31		0.39	LPCN
CTAS	-0.52	0.62	0.54	0.64	0.64	0.39		CTAS
	VALN	GOOS	SCVL	JL	GIL	LPCN	CTAS

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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

JL	+ 0.93	GOOS
GIL	+ 0.82	SCVL
SCVL	+ 0.78	GOOS
JL	+ 0.77	SCVL
GIL	+ 0.74	GOOS
GIL	+ 0.7	JL

High negative correlations

JL	- 0.75	VALN
SCVL	- 0.6	VALN
GIL	- 0.59	VALN
GOOS	- 0.59	VALN
CTAS	- 0.52	VALN
LPCN	- 0.06	JL

Risk-Adjusted Indicators

There is a big difference between ReAlpha Stock performing well and ReAlpha Tech 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 ReAlpha Tech'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
VALN	1.86	0.10	(0.02)	(0.35)	2.59	(1.79)	3.45	(3.28)	18.89
GOOS	2.26	0.97	0.39	(3.34)	1.47	(2.96)	6.29	(3.01)	24.42
SCVL	2.26	(0.08)	0.02	0.09	2.28	(2.76)	5.00	(3.57)	12.56
JL	2.74	1.40	0.27	(0.73)	2.87	(3.30)	7.02	(4.41)	21.45
GIL	1.28	0.24	0.17	0.37	1.06	(1.46)	3.27	(1.91)	10.73
LPCN	2.79	0.01	0.00	0.14	3.48	(3.20)	6.97	(6.18)	27.06
CTAS	0.84	(0.01)	(0.04)	0.11	1.08	(0.88)	1.72	(1.69)	6.57

ReAlpha Tech Corporate Management

Gajendra Basnet	Head Finance	Profile
Cristol Rippe	Chief Officer	Profile
Ramesh Pathak	Chief Officer	Profile
Vijay Rathna	Chief Officer	Profile
Avishekh Shrestha	Head AI	Profile
Piyush Phadke	Chief Officer	Profile

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