Rithm Property Trust Inc. (RPT) Correlation Distribution
Across 6,681 rolling correlation observations between Rithm Property Trust Inc. (RPT) and other NASDAQ-listed stocks, 69.5% are positive and 30.5% are negative. The most common correlation range is 0.3 to 0.4, and the average pairwise correlation is 0.196, indicating a mild positive co-movement. Strong positive correlations (≥0.7) account for 9% and strong negative correlations (≤−0.7) for 2.8%.
- Total observations
- 6,681
- Mean correlation
- 0.196
- Most common range
- 0.3 to 0.4
- Positive pairs
- 69.5%
- Strong positive (≥0.7)
- 9%
- Sector
- Real Estate Investment Trusts
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 18 | 0.3% | |
| -0.9 to -0.8 | 86 | 1.3% | |
| -0.8 to -0.7 | 86 | 1.3% | |
| -0.7 to -0.6 | 192 | 2.9% | |
| -0.6 to -0.5 | 192 | 2.9% | |
| -0.5 to -0.4 | 278 | 4.2% | |
| -0.4 to -0.3 | 278 | 4.2% | |
| -0.3 to -0.2 | 294 | 4.4% | |
| -0.2 to -0.1 | 294 | 4.4% | |
| -0.1 to 0.0 | 323 | 4.8% | |
| 0.0 to 0.1 | 322 | 4.8% | |
| 0.1 to 0.2 | 503 | 7.5% | |
| 0.2 to 0.3 | 503 | 7.5% | |
| 0.3 to 0.4 | 692 | 10.4% | |
| 0.4 to 0.5 | 692 | 10.4% | |
| 0.5 to 0.6 | 665 | 10.0% | |
| 0.6 to 0.7 | 665 | 10.0% | |
| 0.7 to 0.8 | 291 | 4.4% | |
| 0.8 to 0.9 | 290 | 4.3% | |
| 0.9 to 1.0 | 17 | 0.3% |
Frequently asked questions
What is the average correlation of RPT?
Rithm Property Trust Inc. (RPT) has an average correlation of about 0.196 with other NASDAQ stocks, based on 6,681 pairwise observations.
Is RPT positively correlated with other stocks?
Mostly yes — 69.5% of pairs are positive and 30.5% are negative. Strong positive correlations (≥0.7) make up 9%.
What is the most common correlation range for RPT?
The most common range is 0.3 to 0.4. Weak correlations (−0.3 to 0.3) account for 33.5% of all pairs.
Explore the full interactive correlation distribution for RPT.
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