Rithm Capital Correlations
| RITM-PD Preferred Stock | 23.67 0.03 0.13% |
The current 90-days correlation between Rithm Capital Corp and ACRES Commercial Realty is 0.48 (i.e., Very weak diversification). The correlation of Rithm Capital 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.
Rithm Capital Correlation With Market
Average diversification
The correlation between Rithm Capital Corp and NYA is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Rithm Capital Corp and NYA in the same portfolio, assuming nothing else is changed.
Rithm |
The ability to find closely correlated positions to Rithm Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rithm Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rithm Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rithm Capital Corp to buy it.
Moving together with Rithm Preferred Stock
| 0.85 | MITT-PA | AG Mortgage Investment | PairCorr |
| 0.84 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.81 | MITT-PC | AG Mortgage Investment | PairCorr |
| 0.85 | ACR-PC | ACRES Commercial Realty | PairCorr |
| 0.76 | TRTX-PC | TPG RE Finance | PairCorr |
| 0.89 | NLY-PI | Annaly Capital Management | PairCorr |
| 0.92 | NLY-PF | Annaly Capital Management | PairCorr |
| 0.87 | NLY-PG | Annaly Capital Management | PairCorr |
| 0.68 | IVR-PC | Invesco Mortgage Capital | PairCorr |
| 0.72 | IVR-PB | Invesco Mortgage Capital | PairCorr |
| 0.78 | ABR-PF | Arbor Realty Trust | PairCorr |
| 0.89 | RITM-PC | Rithm Capital Corp | PairCorr |
| 0.74 | RITM-PA | Rithm Capital Corp | PairCorr |
| 0.76 | RITM-PB | Rithm Capital Corp | PairCorr |
| 0.86 | NYMTZ | New York Mortgage | PairCorr |
| 0.77 | NYMTM | New York Mortgage | PairCorr |
| 0.63 | CHMI-PB | Cherry Hill Mortgage | PairCorr |
| 0.78 | TWO-PC | Two Harbors Investment | PairCorr |
| 0.75 | TWO-PB | Two Harbors Investment | PairCorr |
| 0.83 | TWO-PA | Two Harbors Investment | PairCorr |
| 0.86 | MFA-PC | MFA Financial | PairCorr |
Moving against Rithm Preferred Stock
| 0.56 | GPMT-PA | Granite Point Mortgage | PairCorr |
| 0.54 | MRTI | Maxus Realty Trust | PairCorr |
| 0.4 | ECRO | Ecc Cap Corp | PairCorr |
| 0.71 | AMCT | American Education Center | PairCorr |
| 0.49 | SACH | Sachem Capital Corp | PairCorr |
Related Correlations Analysis
| 0.85 | 0.52 | 0.81 | 0.73 | ACR-PC | ||
| 0.85 | 0.4 | 0.87 | 0.86 | DX-PC | ||
| 0.52 | 0.4 | 0.29 | 0.1 | PMT-PA | ||
| 0.81 | 0.87 | 0.29 | 0.89 | MITT-PC | ||
| 0.73 | 0.86 | 0.1 | 0.89 | CHMI-PB | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Rithm Preferred Stock performing well and Rithm Capital 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 Rithm Capital'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ACR-PC | 0.42 | 0.07 | 0.13 | 0.74 | 0.44 | 1.12 | 2.73 | |||
| DX-PC | 0.33 | 0.06 | 0.19 | 0.23 | 0.16 | 0.75 | 2.13 | |||
| PMT-PA | 0.57 | 0.03 | 0.05 | 0.21 | 0.71 | 1.42 | 3.89 | |||
| MITT-PC | 0.34 | 0.08 | 0.24 | 0.40 | 0.11 | 0.87 | 2.12 | |||
| CHMI-PB | 0.27 | 0.10 | 0.37 | 0.77 | 0.00 | 0.76 | 2.46 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Rithm Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Rithm Capital Corporate Executives
Elected by the shareholders, the Rithm Capital's board of directors comprises two types of representatives: Rithm Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Rithm. The board's role is to monitor Rithm Capital's management team and ensure that shareholders' interests are well served. Rithm Capital'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, Rithm Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Nicola Santoro | Chief CFO | Profile |