Claros Mortgage Correlations

CMTG Stock

USD 6.79 0.01 0.15%

The current 90-days correlation between Claros Mortgage Trust and Ladder Capital Corp is 0.47 (i.e., Very weak diversification). The correlation of Claros Mortgage 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.

Claros Mortgage Correlation With Market

Very weak diversification

The correlation between Claros Mortgage Trust and DJI is 0.45 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Claros Mortgage Trust and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Claros Mortgage Trust. 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 Claros Stock

0.82	RC	Ready Capital Corp	Pair Corr
0.75	RM	Regional Management Corp	Pair Corr

Moving against Claros Stock

0.76	AC	Associated Capital	Pair Corr
0.73	LX	Lexinfintech Holdings Trending	Pair Corr
0.69	CG	Carlyle Group	Pair Corr
0.64	AB	AllianceBernstein	Pair Corr
0.55	DB	Deutsche Bank AG	Pair Corr
0.55	MS	Morgan Stanley Fiscal Year End 21st of January 2025	Pair Corr
0.53	MA	Mastercard	Pair Corr
0.51	BN	Brookfield Corp	Pair Corr
0.5	LC	LendingClub Corp	Pair Corr
0.47	LU	Lufax Holding	Pair Corr
0.45	BX	Blackstone Group Fiscal Year End 23rd of January 2025	Pair Corr
0.43	DIST	Distoken Acquisition	Pair Corr
0.36	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.84	TW	Tradeweb Markets	Pair Corr
0.61	QD	Qudian Inc	Pair Corr
0.53	SF	Stifel Financial Fiscal Year End 22nd of January 2025	Pair Corr
0.52	VCTR	Victory Capital Holdings	Pair Corr
0.47	GCMGW	GCM Grosvenor	Pair Corr
0.44	PX	P10 Inc	Pair Corr
0.36	PWUPU	PowerUp Acquisition Corp	Pair Corr
0.35	WT	WisdomTree	Pair Corr
0.33	WD	Walker Dunlop	Pair Corr
0.66	DYCQ	DT Cloud Acquisition	Pair Corr
0.43	LGHLW	Lion Financial Group	Pair Corr
0.38	VMCA	Valuence Merger Corp	Pair Corr
0.36	VRTS	Virtus Investment	Pair Corr
0.31	VIRT	Virtu Financial Fiscal Year End 23rd of January 2025	Pair Corr

Related Correlations Analysis

	LADR	IVR	AGNCN	IVR-PB	NLY-PF	AGNCM	NLY-PG	AGNCP	AGNCO	KREF
LADR		-0.25	-0.34	0.14	-0.09	-0.27	-0.06	-0.25	-0.4	0.19	LADR
IVR	-0.25		-0.42	-0.39	-0.48	-0.2	-0.44	-0.22	-0.24	0.55	IVR
AGNCN	-0.34	-0.42		0.61	0.9	0.8	0.85	0.82	0.89	-0.36	AGNCN
IVR-PB	0.14	-0.39	0.61		0.71	0.71	0.6	0.61	0.64	-0.32	IVR-PB
NLY-PF	-0.09	-0.48	0.9	0.71		0.8	0.9	0.84	0.87	-0.33	NLY-PF
AGNCM	-0.27	-0.2	0.8	0.71	0.8		0.74	0.78	0.89	-0.26	AGNCM
NLY-PG	-0.06	-0.44	0.85	0.6	0.9	0.74		0.85	0.83	-0.18	NLY-PG
AGNCP	-0.25	-0.22	0.82	0.61	0.84	0.78	0.85		0.94	-0.11	AGNCP
AGNCO	-0.4	-0.24	0.89	0.64	0.87	0.89	0.83	0.94		-0.24	AGNCO
KREF	0.19	0.55	-0.36	-0.32	-0.33	-0.26	-0.18	-0.11	-0.24		KREF
	LADR	IVR	AGNCN	IVR-PB	NLY-PF	AGNCM	NLY-PG	AGNCP	AGNCO	KREF

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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

AGNCO	+ 0.94	AGNCP
NLY-PF	+ 0.9	AGNCN
NLY-PG	+ 0.9	NLY-PF
AGNCO	+ 0.89	AGNCN
AGNCO	+ 0.89	AGNCM
AGNCO	+ 0.87	NLY-PF

High negative correlations

NLY-PF	- 0.48	IVR
NLY-PG	- 0.44	IVR
AGNCN	- 0.42	IVR
AGNCO	- 0.4	LADR
IVR-PB	- 0.39	IVR
KREF	- 0.36	AGNCN

Risk-Adjusted Indicators

There is a big difference between Claros Stock performing well and Claros Mortgage 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 Claros Mortgage'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
LADR	0.79	(0.09)	(0.11)	0.00	1.04	(0.88)	1.45	(2.06)	6.50
IVR	1.05	(0.01)	(0.08)	0.04	1.50	(1.04)	1.85	(2.89)	6.35
AGNCN	0.31	0.04	(0.28)	(0.66)	0.24	(0.37)	0.63	(0.58)	2.32
IVR-PB	0.47	0.04	(0.12)	0.61	0.52	(0.52)	1.50	(1.00)	4.56
NLY-PF	0.24	0.02	(0.29)	0.93	0.31	(0.22)	0.51	(0.50)	1.33
AGNCM	0.25	0.04	(0.29)	1.68	0.06	(0.30)	0.89	(0.44)	1.74
NLY-PG	0.20	0.02	(0.29)	(7.41)	0.29	(0.21)	0.44	(0.31)	1.77
AGNCP	0.27	0.04	(0.21)	(2.38)	0.24	(0.30)	0.77	(0.70)	2.11
AGNCO	0.19	0.04	(0.34)	(4.72)	0.05	(0.21)	0.48	(0.43)	1.52
KREF	1.00	(0.06)	(0.08)	0.03	1.30	(1.06)	1.66	(2.34)	8.63

Claros Mortgage Corporate Management

Jeffrey Siegel	General VP	Profile
Anh Huynh	Vice Relations	Profile
Jai Agarwal	Chief Officer	Profile
Priyanka Garg	Executive Management	Profile
Daniel Rosenblum	VP Treasurer	Profile
Richard JD	Chairman CEO	Profile
Kevin Cullinan	Executive Originations	Profile

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