Altisource Portfolio Correlations
| ASPSZ Stock | 0.65 0.04 6.56% |
The current 90-days correlation between Altisource Portfolio and Wetouch Technology Common is -0.04 (i.e., Good diversification). The correlation of Altisource Portfolio 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.
Altisource Portfolio Correlation With Market
Significant diversification
The correlation between Altisource Portfolio Solutions and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Altisource Portfolio Solutions and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Altisource Stock
Moving against Altisource Stock
| 0.48 | ALBT | Avalon GloboCare Corp | PairCorr |
| 0.4 | BPYPP | Brookfield Property | PairCorr |
| 0.32 | REAX | Real Brokerage | PairCorr |
| 0.31 | WETH | Wetouch Technology Common | PairCorr |
| 0.31 | LRHC | La Rosa Holdings | PairCorr |
| 0.48 | LB | LandBridge Company | PairCorr |
| 0.47 | BPYPO | Brookfield Property | PairCorr |
Related Correlations Analysis
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 Altisource Stock performing well and Altisource Portfolio 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 Altisource Portfolio'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WETH | 3.02 | 0.12 | 0.01 | 0.45 | 3.48 | 7.61 | 16.56 | |||
| GBR | 5.07 | 0.39 | 0.05 | 0.64 | 5.86 | 16.33 | 61.84 | |||
| LHAI | 14.35 | 4.53 | 0.43 | 9.36 | 8.70 | 45.94 | 106.11 | |||
| DBRG-PJ | 0.55 | 0.03 | (0.08) | 0.78 | 0.81 | 1.32 | 4.40 | |||
| DBRG-PH | 0.53 | 0.04 | (0.07) | 0.74 | 0.82 | 1.06 | 3.42 | |||
| DBRG-PI | 0.64 | 0.01 | (0.08) | 0.15 | 0.85 | 1.39 | 3.90 | |||
| COMP | 2.21 | 0.52 | 0.28 | 0.39 | 1.78 | 5.04 | 14.16 | |||
| BPYPP | 0.71 | 0.09 | (0.02) | 0.99 | 0.76 | 1.44 | 3.64 |
Altisource Portfolio Corporate Management
| Edward Moran | Chief Officer | Profile | |
| Michelle CPA | Chief Officer | Profile | |
| Travis Britsch | Senior Marketplace | Profile | |
| Philip Johnsen | Senior Solutions | Profile | |
| Gregory JD | Chief Secretary | Profile | |
| Israel Meir | Chief Officer | Profile |