Alpine Realty Correlations
| AIGYX Fund | USD 10.90 0.03 0.27% |
The current 90-days correlation between Alpine Realty Income and Real Estate Fund is -0.22 (i.e., Very good diversification). The correlation of Alpine Realty 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.
Alpine Realty Correlation With Market
Good diversification
The correlation between Alpine Realty Income 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 Alpine Realty Income and DJI in the same portfolio, assuming nothing else is changed.
Alpine |
Moving together with Alpine Mutual Fund
| 0.91 | FR | First Industrial Realty | PairCorr |
| 0.62 | PK | Park Hotels Resorts | PairCorr |
| 0.72 | UE | Urban Edge Properties | PairCorr |
| 0.66 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.65 | MITT-PA | AG Mortgage Investment | PairCorr |
Moving against Alpine Mutual Fund
| 0.39 | AHT-PD | Ashford Hospitality Trust | PairCorr |
| 0.34 | LB | LandBridge Company | PairCorr |
| 0.5 | WHLR | Wheeler Real Estate Buyout Trend | PairCorr |
| 0.34 | FISK | Empire State Realty | PairCorr |
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