TPG RE Correlations

Stocks . USA . 
Stock . TPG RE Finance
TRTX Stock  USD 8.07  0.03  0.37%   
The current 90-days correlation between TPG RE Finance and KKR Real Estate is 0.85 (i.e., Very poor diversification). The correlation of TPG RE 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.

TPG RE Correlation With Market

Very weak diversification

The correlation between TPG RE Finance and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding TPG RE Finance and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with TPG Stock
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TPG RE Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with TPG Stock

  0.93GS Goldman Sachs GroupPairCorr
  0.9AMP Ameriprise Financial Earnings Call This WeekPairCorr
  0.93AXP American ExpressPairCorr
  0.95COF Capital One Financial Earnings Call This WeekPairCorr
  0.92PWP Perella Weinberg PartnersPairCorr
  0.9SCM Stellus Capital InvePairCorr
  0.68GAIN Gladstone InvestmentPairCorr
  0.92GLAD Gladstone CapitalPairCorr
  0.78GROW US Global InvestorsPairCorr
  0.89HTGC Hercules CapitalPairCorr
  0.79LMFA LM Funding America Upward RallyPairCorr
  0.86MAIN Main Street CapitalPairCorr
  0.71OPFI OppFi IncPairCorr
  0.93PFLT PennantPark Floating RatePairCorr
  0.87PYPL PayPal Holdings Aggressive PushPairCorr
  0.94ALLY Ally FinancialPairCorr
  0.96APAM Artisan Partners Asset Earnings Call TomorrowPairCorr
  0.92SEIC SEI Investments Earnings Call This WeekPairCorr
  0.92ARCC Ares CapitalPairCorr
  0.85SNTG Sentage HoldingsPairCorr
  0.87TPVG Triplepoint VenturePairCorr
  0.9TSLX Sixth Street SpecialtyPairCorr
  0.88CNNE Cannae HoldingsPairCorr
  0.92CSWC Capital SouthwestPairCorr

Moving against TPG Stock

  0.59EZPW EZCORP IncPairCorr
  0.58AIHS Senmiao TechnologyPairCorr
  0.35ORGN Origin MaterialsPairCorr
  0.4UK Ucommune InternationalPairCorr

Related Correlations Analysis

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   
GPMT
+ 0.91
ACRE
EARN
+ 0.88
LADR
CMTG
+ 0.83
EARN
GPMT
+ 0.82
EARN
CMTG
+ 0.81
LADR
EARN
+ 0.75
ACRE
  
High negative correlations   
RPT
- 0.0
CMTG

Risk-Adjusted Indicators

There is a big difference between TPG Stock performing well and TPG RE 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 TPG RE'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.

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
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY