Correlation Between TPG RE and Ladder Capital

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Can any of the company-specific risk be diversified away by investing in both TPG RE and Ladder Capital at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining TPG RE and Ladder Capital into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between TPG RE Finance and Ladder Capital Corp, you can compare the effects of market volatilities on TPG RE and Ladder Capital and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in TPG RE with a short position of Ladder Capital. Check out your portfolio center. Please also check ongoing floating volatility patterns of TPG RE and Ladder Capital.

Diversification Opportunities for TPG RE and Ladder Capital

0.66
  Correlation Coefficient

Poor diversification

The 3 months correlation between TPG and Ladder is 0.66. Overlapping area represents the amount of risk that can be diversified away by holding TPG RE Finance and Ladder Capital Corp in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Ladder Capital Corp and TPG RE is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on TPG RE Finance are associated (or correlated) with Ladder Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Ladder Capital Corp has no effect on the direction of TPG RE i.e., TPG RE and Ladder Capital go up and down completely randomly.

Pair Corralation between TPG RE and Ladder Capital

Given the investment horizon of 90 days TPG RE Finance is expected to generate 1.13 times more return on investment than Ladder Capital. However, TPG RE is 1.13 times more volatile than Ladder Capital Corp. It trades about -0.03 of its potential returns per unit of risk. Ladder Capital Corp is currently generating about -0.08 per unit of risk. If you would invest  925.00  in TPG RE Finance on September 9, 2025 and sell it today you would lose (27.00) from holding TPG RE Finance or give up 2.92% of portfolio value over 90 days.
Time Period3 Months [change]
DirectionMoves Together 
StrengthSignificant
Accuracy100.0%
ValuesDaily Returns

TPG RE Finance  vs.  Ladder Capital Corp

 Performance 
       Timeline  
TPG RE Finance 

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days TPG RE Finance has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, TPG RE is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors.
Ladder Capital Corp 

Risk-Adjusted Performance

Weakest

 
Weak
 
Strong
Over the last 90 days Ladder Capital Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable fundamental indicators, Ladder Capital is not utilizing all of its potentials. The recent stock price agitation, may contribute to short-term losses for the retail investors.

TPG RE and Ladder Capital Volatility Contrast

   Predicted Return Density   
       Returns  

Pair Trading with TPG RE and Ladder Capital

The main advantage of trading using opposite TPG RE and Ladder Capital positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if TPG RE position performs unexpectedly, Ladder Capital can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ladder Capital will offset losses from the drop in Ladder Capital's long position.
The idea behind TPG RE Finance and Ladder Capital Corp pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.
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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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