Impac Mortgage Correlations
| IMHDelisted Stock | USD 0.06 0.01 9.23% |
The current 90-days correlation between Impac Mortgage Holdings and CNFinance Holdings is -0.09 (i.e., Good diversification). The correlation of Impac 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.
Impac Mortgage Correlation With Market
Good diversification
The correlation between Impac Mortgage Holdings and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Impac Mortgage Holdings and DJI in the same portfolio, assuming nothing else is changed.
Impac |
Moving together with Impac Stock
| 0.65 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.87 | BKRKY | Bank Rakyat | PairCorr |
| 0.81 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.76 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.66 | PBCRY | Bank Central Asia | PairCorr |
| 0.72 | PFE | Pfizer Inc Fiscal Year End 4th of February 2025 | PairCorr |
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
Moving against Impac Stock
| 0.94 | CSCO | Cisco Systems | PairCorr |
| 0.87 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.85 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.82 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.79 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
| 0.77 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.74 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.7 | MZHOF | Mizuho Financial | PairCorr |
| 0.65 | MBFJF | Mitsubishi UFJ Financial | PairCorr |
| 0.58 | HD | Home Depot | PairCorr |
| 0.53 | HPQ | HP Inc | PairCorr |
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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Impac Stock performing well and Impac 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 Impac 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CNF | 6.39 | 0.43 | 0.05 | 2.39 | 6.92 | 20.00 | 78.29 | |||
| OCN | 1.90 | 0.33 | 0.07 | (0.35) | 2.40 | 4.38 | 20.86 | |||
| GHLD | 1.22 | (0.28) | 0.00 | 1.34 | 0.00 | 2.78 | 7.30 | |||
| PFSI | 1.15 | (0.13) | 0.00 | (0.22) | 0.00 | 1.83 | 7.68 | |||
| HMPT | 1.32 | 0.31 | 0.11 | 1.85 | 1.31 | 4.55 | 19.28 | |||
| FNMAJ | 3.48 | 1.18 | 0.74 | 0.26 | 1.41 | 6.18 | 77.94 | |||
| FNMAG | 3.34 | 1.25 | 1.03 | 0.26 | 0.00 | 6.47 | 75.71 | |||
| FNMAO | 3.38 | 1.32 | 0.53 | 0.30 | 1.64 | 7.27 | 70.39 | |||
| FNMAL | 3.86 | 1.30 | 0.47 | 0.31 | 2.10 | 9.00 | 64.16 | |||
| FMCCM | 4.44 | 1.05 | 0.34 | 0.21 | 3.00 | 7.40 | 93.09 |
View Impac Mortgage Related Equities
| Risk & Return | Correlation |
Impac Mortgage Corporate Executives
Elected by the shareholders, the Impac Mortgage's board of directors comprises two types of representatives: Impac Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Impac. The board's role is to monitor Impac Mortgage's management team and ensure that shareholders' interests are well served. Impac Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Impac Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paul Licon | Chief Financial Officer | Profile |
Still Interested in Impac Mortgage Holdings?
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