Transcontinental Correlations

TCI Stock

USD 36.04 3.04 9.21%

The current 90-days correlation between Transcontinental Realty and Frp Holdings Ord is 0.21 (i.e., Modest diversification). The correlation of Transcontinental 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.

Transcontinental Correlation With Market

Weak diversification

The correlation between Transcontinental Realty Invest and DJI is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Transcontinental Realty Invest and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Transcontinental Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transcontinental Realty Investors. 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 against Transcontinental Stock

0.53	EXPI	eXp World Holdings	Pair Corr
0.36	MLP	Maui Land Pineapple	Pair Corr
0.33	FTHM	Fathom Holdings	Pair Corr
0.49	RFL	Rafael Holdings,	Pair Corr
0.44	GYRO	Gyrodyne Company	Pair Corr
0.4	OPAD	Offerpad Solutions	Pair Corr
0.39	REAX	Real Brokerage	Pair Corr
0.36	AIRE	reAlpha Tech Corp	Pair Corr
0.35	RMR	RMR Group	Pair Corr
0.33	NXDT	NexPoint Strategic	Pair Corr
0.32	OPEN	Opendoor Technologies	Pair Corr
0.31	RMAX	Re Max Holding	Pair Corr
0.32	RC	Ready Capital Corp	Pair Corr

Related Correlations Analysis

	FRPH	MAYS	HOUS	RMAX	NEN	MMI	FTHM	FSV	MLP
FRPH		0.84	0.63	0.88	0.08	0.91	0.82	0.49	0.92	FRPH
MAYS	0.84		0.39	0.68	-0.24	0.76	0.64	0.35	0.79	MAYS
HOUS	0.63	0.39		0.74	0.18	0.57	0.65	0.47	0.55	HOUS
RMAX	0.88	0.68	0.74		0.16	0.86	0.9	0.35	0.89	RMAX
NEN	0.08	-0.24	0.18	0.16		0.01	0.27	0.2	0.04	NEN
MMI	0.91	0.76	0.57	0.86	0.01		0.73	0.32	0.96	MMI
FTHM	0.82	0.64	0.65	0.9	0.27	0.73		0.47	0.79	FTHM
FSV	0.49	0.35	0.47	0.35	0.2	0.32	0.47		0.28	FSV
MLP	0.92	0.79	0.55	0.89	0.04	0.96	0.79	0.28		MLP
	FRPH	MAYS	HOUS	RMAX	NEN	MMI	FTHM	FSV	MLP

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

MLP	+ 0.96	MMI
MLP	+ 0.92	FRPH
MMI	+ 0.91	FRPH
FTHM	+ 0.9	RMAX
MLP	+ 0.89	RMAX
RMAX	+ 0.88	FRPH

High negative correlations

NEN

- 0.24

MAYS

Risk-Adjusted Indicators

There is a big difference between Transcontinental Stock performing well and Transcontinental 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 Transcontinental'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
FRPH	1.16	(0.10)	0.00	(0.34)	0.00	0.00	2.49	(3.19)	7.80
MAYS	1.59	(0.07)	0.00	0.68	0.00	0.00	4.20	(3.95)	16.12
HOUS	3.33	0.22	0.05	0.06	3.73	(3.74)	7.79	(6.37)	16.80
RMAX	2.21	(0.30)	0.00	(0.45)	0.00	0.00	4.32	(4.77)	13.10
NEN	1.22	0.03	0.00	(0.04)	0.00	0.00	3.35	(2.84)	12.42
MMI	1.58	(0.24)	0.00	(0.43)	0.00	0.00	2.60	(3.82)	12.73
FTHM	3.70	(0.51)	0.00	(1.43)	0.00	0.00	7.04	(7.78)	22.61
FSV	1.13	0.09	0.09	0.00	1.38	(1.25)	2.10	(2.61)	8.00
MLP	1.96	(0.31)	0.00	(0.42)	0.00	0.00	3.41	(5.70)	14.66

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