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Last Update: 26-Mar-2025, 18:22 CST

PMT Correlation Report

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Correlation Plot    ExplainYTD: PMT  16.4 %  vs. SPX  -2.9 % 
PennyMac Mortgage Investment Trust

* Correlation: MODEST* Reward: correlation not >= 0.6 or <= -0.6
* Diversifier: MODEST* Risk: MODERATE

CC *Alpha *Beta *RR *R-Scatter *% Win *

0.337

0.010

1.41

1

3.6

51.7
* Last 60 market days. PMT relative to SPX - S&P 500 Index
Most Correlated Non-ETF Securities:
RankPMT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
0.739 Subscribe first then Login to view complete reports now

0.421

-0.023

1.30
2
1
0.699 Subscribe first then Login to view complete reports now

0.349

-0.121

1.50
3
1
0.698 Subscribe first then Login to view complete reports now

0.355

-0.102

1.39
4
0.669 Subscribe first then Login to view complete reports now

0.408

0.101

1.02
5
0.640 PFSI - PennyMac Financial Services Inc.

0.475

-0.261

1.75
Least Correlated Non-ETF Securities:
RankPMT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
4
0.000 Subscribe first then Login to view complete reports now

0.236

1.291

2.27
2
5
0.000 Subscribe first then Login to view complete reports now

0.449

0.301

2.31
3
11
0.000 Subscribe first then Login to view complete reports now

0.258

0.221

3.72
4
62
0.000 Subscribe first then Login to view complete reports now

0.562

0.081

3.84
5
14
-0.001 OKE - ONEOK Inc.

0.408

0.181

1.65
Most Anti-Correlated Non-ETF Securities:
RankPMT CCTicker Symbol - Security NameSPX CCSPX AlphaSPX Beta
1
-0.345 Subscribe first then Login to view complete reports now

0.101

1.774

4.85
2
-0.266 Subscribe first then Login to view complete reports now

-0.152

-1.548

-7.96
3
1
-0.254 Subscribe first then Login to view complete reports now

0.105

-0.684

3.43
4
1
-0.245 Subscribe first then Login to view complete reports now

-0.033

-2.189

-10.13
5
-0.236 ANGO - AngioDynamics Inc.

0.260

-0.102

3.01




 

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