Walker Dunlop Correlations

WD Stock

USD 76.54 0.96 1.24%

The current 90-days correlation between Walker Dunlop and Mr Cooper Group is -0.11 (i.e., Good diversification). The correlation of Walker Dunlop 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.

Walker Dunlop Correlation With Market

Good diversification

The correlation between Walker Dunlop and DJI is -0.13 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Walker Dunlop and DJI in the same portfolio, assuming nothing else is changed.

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Walker Dunlop. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For information on how to trade Walker Stock refer to our How to Trade Walker Stock guide.

Moving together with Walker Stock

0.86	DHIL	Diamond Hill Investment Earnings Call Shortly	Pair Corr
0.69	BN	Brookfield Corp Earnings Call This Week	Pair Corr
0.87	BX	Blackstone Group	Pair Corr
0.86	CG	Carlyle Group	Pair Corr
0.76	GS	Goldman Sachs Group	Pair Corr
0.74	LC	LendingClub Corp	Pair Corr
0.66	MA	Mastercard	Pair Corr
0.84	MC	Moelis	Pair Corr
0.78	MS	Morgan Stanley	Pair Corr
0.83	PX	P10 Inc	Pair Corr
0.62	QD	Qudian Inc	Pair Corr
0.71	RC	Ready Capital Corp Earnings Call This Week	Pair Corr
0.89	SF	Stifel Financial	Pair Corr
0.81	WT	WisdomTree	Pair Corr
0.72	VCTR	Victory Capital Holdings Earnings Call This Week	Pair Corr
0.67	VINP	Vinci Partners Inves	Pair Corr
0.92	VRTS	Virtus Investment	Pair Corr
0.73	EARN	Ellington Residential	Pair Corr

Moving against Walker Stock

0.47	DB	Deutsche Bank AG Normal Trading	Pair Corr
0.74	DISTR	Distoken Acquisition	Pair Corr
0.72	DYCQ	DT Cloud Acquisition	Pair Corr
0.71	EMCG	Embrace Change Acqui	Pair Corr
0.59	DISTW	Distoken Acquisition	Pair Corr
0.53	ESHA	ESH Acquisition Corp	Pair Corr
0.51	DMYY	dMY Squared Technology	Pair Corr
0.51	EMCGR	Embrace Change Acqui	Pair Corr
0.51	EMCGW	Embrace Change Acqui	Pair Corr
0.45	ANSCU	Agriculture Natural	Pair Corr

Related Correlations Analysis

	COOP	OCN	VEL	SNFCA	ECPG	HMPT	PFSI	TBCRF	GHLD	CNF
COOP		0.0	-0.46	-0.54	-0.28	0.0	-0.1	0.0	0.51	-0.47	COOP
OCN	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	OCN
VEL	-0.46	0.0		0.73	0.27	0.0	0.37	-0.31	-0.04	0.46	VEL
SNFCA	-0.54	0.0	0.73		0.71	0.0	0.66	0.0	-0.37	0.8	SNFCA
ECPG	-0.28	0.0	0.27	0.71		0.0	0.66	0.41	-0.6	0.9	ECPG
HMPT	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	HMPT
PFSI	-0.1	0.0	0.37	0.66	0.66	0.0		0.26	-0.21	0.72	PFSI
TBCRF	0.0	0.0	-0.31	0.0	0.41	0.0	0.26		-0.4	0.25	TBCRF
GHLD	0.51	0.0	-0.04	-0.37	-0.6	0.0	-0.21	-0.4		-0.66	GHLD
CNF	-0.47	0.0	0.46	0.8	0.9	0.0	0.72	0.25	-0.66		CNF
	COOP	OCN	VEL	SNFCA	ECPG	HMPT	PFSI	TBCRF	GHLD	CNF

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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

CNF	+ 0.9	ECPG
CNF	+ 0.8	SNFCA
SNFCA	+ 0.73	VEL
CNF	+ 0.72	PFSI
ECPG	+ 0.71	SNFCA
PFSI	+ 0.66	SNFCA

High negative correlations

CNF	- 0.66	GHLD
GHLD	- 0.6	ECPG
SNFCA	- 0.54	COOP
CNF	- 0.47	COOP
VEL	- 0.46	COOP
GHLD	- 0.4	TBCRF

Risk-Adjusted Indicators

There is a big difference between Walker Stock performing well and Walker Dunlop 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 Walker Dunlop'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
COOP	2.00	0.30	0.13	0.39	2.61	(2.17)	5.01	(3.81)	24.21
OCN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
VEL	1.03	(0.09)	0.00	0.24	0.00	0.00	2.45	(2.49)	12.44
SNFCA	1.85	(0.18)	0.00	(0.32)	0.00	0.00	3.15	(4.57)	14.15
ECPG	2.75	(0.56)	0.00	0.87	0.00	0.00	4.43	(6.62)	24.66
HMPT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PFSI	1.74	(0.10)	0.00	(0.30)	0.00	0.00	3.45	(5.50)	11.26
TBCRF	0.83	0.01	0.06	(0.32)	1.32	(2.14)	3.20	(3.36)	9.27
GHLD	2.56	0.07	0.09	(0.29)	3.08	(2.88)	5.11	(5.60)	24.49
CNF	3.68	(0.39)	0.00	(2.64)	0.00	0.00	10.00	(7.14)	24.79

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