Real Estate Correlations
| MNREXDelisted Fund | USD 13.01 0.00 0.00% |
The current 90-days correlation between Real Estate Series and Amg Managers Centersquare is -0.07 (i.e., Good diversification). The correlation of Real Estate 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.
Real Estate Correlation With Market
Good diversification
The correlation between Real Estate Series and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Real Estate Series and DJI in the same portfolio, assuming nothing else is changed.
Real |
Moving together with Real Mutual Fund
| 0.8 | ASG | Liberty All Star | PairCorr |
| 0.7 | CII | Blackrock Enhanced | PairCorr |
| 0.83 | ETV | Eaton Vance Tax | PairCorr |
| 0.85 | CLM | Cornerstone Strategic | PairCorr |
| 0.85 | CRF | Cornerstone Strategic | PairCorr |
| 0.78 | USA | Liberty All Star | PairCorr |
| 0.8 | ETY | Eaton Vance Tax | PairCorr |
| 0.68 | HPQ | HP Inc | PairCorr |
| 0.77 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.72 | WMT | Walmart Aggressive Push | PairCorr |
| 0.66 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.79 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.84 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.77 | AXP | American Express Sell-off Trend | PairCorr |
| 0.81 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
Moving against Real Mutual Fund
| 0.66 | IFN | India Closed | PairCorr |
| 0.55 | IIF | Morgan Stanley India | PairCorr |
| 0.52 | PIREX | Real Estate Securities | PairCorr |
| 0.39 | CSCIX | Cohen Steers Real | PairCorr |
| 0.38 | DFREX | Dfa Real Estate | PairCorr |
| 0.38 | CSRIX | Cohen And Steers | PairCorr |
| 0.37 | CSEIX | Cohen Steers Real | PairCorr |
| 0.35 | CSDIX | Cohen Steers Real | PairCorr |
| 0.94 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.91 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
| 0.78 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.61 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.44 | MMM | 3M Company Fiscal Year End 28th of January 2025 | PairCorr |
| 0.38 | PG | Procter Gamble | PairCorr |
| 0.37 | VZ | Verizon Communications Sell-off Trend | PairCorr |
Related Correlations Analysis
| 0.31 | 0.75 | 0.96 | 0.71 | MRESX | ||
| 0.31 | -0.08 | 0.13 | -0.1 | BREFX | ||
| 0.75 | -0.08 | 0.81 | 0.86 | REICX | ||
| 0.96 | 0.13 | 0.81 | 0.73 | FREAX | ||
| 0.71 | -0.1 | 0.86 | 0.73 | GLFOX | ||
| 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
|
Risk-Adjusted Indicators
There is a big difference between Real Mutual Fund performing well and Real Estate Mutual Fund 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 Real Estate'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MRESX | 0.69 | 0.03 | (0.07) | 0.30 | 0.82 | 1.26 | 3.43 | |||
| BREFX | 0.77 | 0.07 | 0.04 | 0.21 | 0.73 | 1.65 | 4.13 | |||
| REICX | 0.70 | (0.01) | (0.12) | (0.11) | 0.88 | 1.30 | 3.63 | |||
| FREAX | 0.67 | 0.01 | (0.09) | 0.23 | 0.80 | 1.22 | 3.32 | |||
| GLFOX | 0.47 | (0.02) | (0.16) | 0.03 | 0.55 | 0.92 | 2.17 |
Real Estate Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Real Estate mutual fund to make a market-neutral strategy. Peer analysis of Real Estate could also be used in its relative valuation, which is a method of valuing Real Estate by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Still Interested in Real Estate Series?
Investing in delisted funds can be risky, as the mutual fund is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.