Ellington Financial Correlations

EFC Stock

USD 13.72 0.07 0.51%

The current 90-days correlation between Ellington Financial and Apollo Commercial Real is 0.44 (i.e., Very weak diversification). The correlation of Ellington Financial 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.

Ellington Financial Correlation With Market

Average diversification

The correlation between Ellington Financial and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ellington Financial and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Ellington Stock

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ellington Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

For information on how to trade Ellington Stock refer to our How to Trade Ellington Stock guide.

Moving together with Ellington Stock

0.75	ARR	ARMOUR Residential REIT	Pair Corr
0.63	PMT	PennyMac Mortgage	Pair Corr
0.66	TWO	Two Harbors Investments Upward Rally	Pair Corr
0.62	LADR	Ladder Capital Corp	Pair Corr
0.72	TRTX	TPG RE Finance	Pair Corr
0.74	CUB	Lionheart Holdings	Pair Corr
0.74	LION	Lionsgate Studios Holding Sell-off Trend	Pair Corr
0.69	ATI	Allegheny Technologies	Pair Corr
0.76	WSFS	WSFS Financial	Pair Corr
0.81	DD	Dupont De Nemours	Pair Corr
0.62	AXP	American Express	Pair Corr
0.63	CAT	Caterpillar	Pair Corr
0.79	JNJ	Johnson Johnson	Pair Corr
0.62	PFE	Pfizer Inc	Pair Corr
0.62	MCD	McDonalds	Pair Corr
0.63	AA	Alcoa Corp	Pair Corr
0.61	WMT	Walmart Common Stock	Pair Corr
0.76	TRV	The Travelers Companies	Pair Corr

Moving against Ellington Stock

0.82	KG	Kestrel Group Symbol Change	Pair Corr
0.41	DOX	Amdocs	Pair Corr
0.66	HD	Home Depot	Pair Corr
0.42	T	ATT Inc	Pair Corr

Related Correlations Analysis

	ARI	LADR	KREF	TRTX	ORC	CIM	ARR	TWO	IIPR	PMT
ARI		0.6	0.57	0.45	0.34	0.68	0.16	0.36	0.43	0.28	ARI
LADR	0.6		0.46	0.71	0.52	0.53	0.65	0.72	0.31	0.7	LADR
KREF	0.57	0.46		-0.02	-0.23	0.52	-0.19	0.03	0.48	0.0	KREF
TRTX	0.45	0.71	-0.02		0.67	0.17	0.78	0.64	0.08	0.7	TRTX
ORC	0.34	0.52	-0.23	0.67		0.29	0.76	0.67	-0.04	0.68	ORC
CIM	0.68	0.53	0.52	0.17	0.29		0.13	0.51	0.49	0.22	CIM
ARR	0.16	0.65	-0.19	0.78	0.76	0.13		0.73	-0.22	0.89	ARR
TWO	0.36	0.72	0.03	0.64	0.67	0.51	0.73		0.15	0.72	TWO
IIPR	0.43	0.31	0.48	0.08	-0.04	0.49	-0.22	0.15		-0.22	IIPR
PMT	0.28	0.7	0.0	0.7	0.68	0.22	0.89	0.72	-0.22		PMT
	ARI	LADR	KREF	TRTX	ORC	CIM	ARR	TWO	IIPR	PMT

Please upgrade your account to get full access to Macroaxis premium features

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

PMT	+ 0.89	ARR
ARR	+ 0.78	TRTX
ARR	+ 0.76	ORC
TWO	+ 0.73	ARR
TWO	+ 0.72	LADR
PMT	+ 0.72	TWO

High negative correlations

ORC	- 0.23	KREF
PMT	- 0.22	IIPR
IIPR	- 0.22	ARR
ARR	- 0.19	KREF
IIPR	- 0.04	ORC
TRTX	- 0.02	KREF

Risk-Adjusted Indicators

There is a big difference between Ellington Stock performing well and Ellington Financial 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 Ellington Financial'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
ARI	0.93	(0.02)	(0.04)	0.05	1.16	(1.00)	2.07	(2.05)	5.72
LADR	0.83	0.03	0.01	0.14	0.96	(0.91)	1.74	(1.72)	4.94
KREF	1.20	(0.15)	0.00	(0.09)	0.00	0.00	2.35	(2.72)	6.65
TRTX	0.87	0.05	0.03	0.15	1.01	(0.91)	2.00	(1.67)	6.00
ORC	0.86	0.14	0.07	0.77	0.75	(1.02)	1.85	(1.38)	4.63
CIM	1.24	(0.03)	(0.01)	0.06	2.01	(1.31)	2.51	(1.90)	11.77
ARR	0.93	0.28	0.20	1.54	0.77	(1.08)	2.14	(1.50)	6.19
TWO	1.50	0.38	0.25	0.69	1.00	(2.01)	3.18	(2.25)	15.62
IIPR	2.00	(0.12)	0.00	(0.03)	0.00	0.00	4.46	(3.89)	14.66
PMT	0.97	0.11	0.04	0.41	1.16	(1.09)	1.95	(2.26)	11.09

Ellington Financial Corporate Management

Daniel JD	General Counsel	Profile
Jason Frank	Deputy Sec	Profile
Christopher CPA	Chief Officer	Profile
Daniel Margolis	General Counsel	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC