Lument Finance Correlations

LFT Stock

USD 1.56 0.01 0.65%

The current 90-days correlation between Lument Finance Trust and Cherry Hill Mortgage is 0.46 (i.e., Very weak diversification). The correlation of Lument Finance 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.

Lument Finance Correlation With Market

Very weak diversification

The correlation between Lument Finance Trust and DJI is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lument Finance Trust and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Lument Stock

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lument Finance Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

Moving together with Lument Stock

0.9	GSBD	Goldman Sachs BDC	Pair Corr
0.85	HLNE	Hamilton Lane	Pair Corr
0.85	SEVN	Seven Hills Realty	Pair Corr
0.65	BBDC	Barings BDC	Pair Corr
0.9	SUNS	Sunrise Realty Trust,	Pair Corr
0.87	CSWC	Capital Southwest	Pair Corr
0.9	VZ	Verizon Communications Aggressive Push	Pair Corr
0.86	PG	Procter Gamble	Pair Corr

Moving against Lument Stock

0.92	TOELF	Tokyo Electron	Pair Corr
0.83	PATH	Uipath Inc	Pair Corr
0.67	HYMTF	Hyundai Motor	Pair Corr
0.65	UEC	Uranium Energy Corp	Pair Corr
0.61	FINN	First National	Pair Corr
0.59	BK	Bank of New York	Pair Corr
0.42	CGUD	Com GuardCom	Pair Corr
0.31	OCSL	Oaktree Specialty Lending Earnings Call This Week	Pair Corr
0.94	CAT	Caterpillar	Pair Corr
0.89	INTC	Intel	Pair Corr
0.89	IBM	International Business	Pair Corr
0.84	AA	Alcoa Corp	Pair Corr
0.8	GE	GE Aerospace	Pair Corr
0.8	CSCO	Cisco Systems Earnings Call Today	Pair Corr
0.8	JNJ	Johnson Johnson	Pair Corr
0.73	AXP	American Express	Pair Corr
0.7	DD	Dupont De Nemours	Pair Corr
0.63	MMM	3M Company	Pair Corr
0.56	PLG	Platinum Group Metals Buyout Trend	Pair Corr
0.51	MRK	Merck Company Aggressive Push	Pair Corr
0.44	GS	Goldman Sachs Group	Pair Corr
0.42	JPM	JPMorgan Chase	Pair Corr
0.36	KO	Coca Cola Aggressive Push	Pair Corr

Related Correlations Analysis

	CHMI	LOAN	AFCG	GMRE	SACH	MAYS	OPAD
CHMI		0.28	0.73	0.6	0.64	-0.19	0.1	CHMI
LOAN	0.28		0.48	0.23	0.33	0.15	0.35	LOAN
AFCG	0.73	0.48		0.77	0.71	-0.2	0.55	AFCG
GMRE	0.6	0.23	0.77		0.78	-0.03	0.66	GMRE
SACH	0.64	0.33	0.71	0.78		-0.12	0.6	SACH
MAYS	-0.19	0.15	-0.2	-0.03	-0.12		-0.06	MAYS
OPAD	0.1	0.35	0.55	0.66	0.6	-0.06		OPAD
	CHMI	LOAN	AFCG	GMRE	SACH	MAYS	OPAD

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

SACH	+ 0.78	GMRE
GMRE	+ 0.77	AFCG
AFCG	+ 0.73	CHMI
SACH	+ 0.71	AFCG
OPAD	+ 0.66	GMRE
SACH	+ 0.64	CHMI

High negative correlations

MAYS	- 0.2	AFCG
MAYS	- 0.19	CHMI
MAYS	- 0.12	SACH
OPAD	- 0.06	MAYS
MAYS	- 0.03	GMRE

Risk-Adjusted Indicators

There is a big difference between Lument Stock performing well and Lument Finance 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 Lument Finance'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
CHMI	1.37	(0.32)	0.00	(0.23)	0.00	0.00	2.60	(3.80)	15.27
LOAN	0.80	(0.12)	0.00	3.32	0.00	0.00	1.35	(2.22)	4.24
AFCG	2.71	(0.69)	0.00	(0.19)	0.00	0.00	5.71	(5.85)	25.14
GMRE	1.39	0.01	(0.04)	0.18	1.94	(1.57)	4.02	(2.76)	12.79
SACH	2.17	(0.11)	(0.04)	(0.01)	2.90	(2.75)	4.67	(3.60)	18.53
MAYS	1.61	0.12	(0.03)	(0.06)	2.12	(2.45)	4.42	(3.95)	16.12
OPAD	10.31	2.04	0.25	1.03	7.79	(15.25)	19.48	(16.83)	161.15

Lument Finance Corporate Management

James JD	CEO Chairman	Profile
Stephanie Culpepper	Secretary	Profile
James CPA	Chief Officer	Profile
Charles Duddy	Managing Director	Profile

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