FTAI Infrastructure Correlations

FIP Stock

USD 9.94 0.44 4.63%

The current 90-days correlation between FTAI Infrastructure and Steel Partners Holdings is -0.12 (i.e., Good diversification). The correlation of FTAI Infrastructure 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.

FTAI Infrastructure Correlation With Market

Weak diversification

The correlation between FTAI Infrastructure and DJI is 0.38 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding FTAI Infrastructure and DJI in the same portfolio, assuming nothing else is changed.

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

To learn how to invest in FTAI Stock, please use our How to Invest in FTAI Infrastructure guide.

Moving together with FTAI Stock

0.69	BBU	Brookfield Business	Pair Corr
0.64	TRN	Trinity Industries	Pair Corr
0.72	VMI	Valmont Industries	Pair Corr
0.61	FBYDW	Falcons Beyond Global,	Pair Corr
0.81	HYLN	Hyliion Holdings Corp	Pair Corr
0.77	NNBR	NN Inc	Pair Corr
0.75	ALSN	Allison Transmission	Pair Corr
0.64	J	Jacobs Solutions Fiscal Year End 19th of November 2024	Pair Corr
0.73	R	Ryder System	Pair Corr
0.81	AZ	A2Z Smart Technologies	Pair Corr
0.73	BR	Broadridge Financial	Pair Corr

Moving against FTAI Stock

0.68	NXT	Nextracker Class A	Pair Corr
0.64	EFSH	1847 Holdings LLC	Pair Corr
0.55	CRESW	Cresud SACIF y	Pair Corr
0.47	ALPP	Alpine 4 Holdings Earnings Call This Week	Pair Corr
0.46	FSTR	LB Foster	Pair Corr
0.45	GBX	Greenbrier Companies Fiscal Year End 23rd of October 2024	Pair Corr
0.58	EH	Ehang Holdings	Pair Corr
0.56	ARRY	Array Technologies	Pair Corr
0.38	BE	Bloom Energy Corp	Pair Corr

Related Correlations Analysis

	SPLP	BBU	GFF	TRC	CODI	RCMT	NNBR	MATW	VMI	SPLP-PA
SPLP		0.08	0.08	0.16	0.1	0.5	0.22	0.33	-0.14	-0.11	SPLP
BBU	0.08		0.34	0.6	0.27	0.37	0.85	0.12	0.73	0.71	BBU
GFF	0.08	0.34		0.79	0.83	0.53	0.51	0.67	0.3	0.06	GFF
TRC	0.16	0.6	0.79		0.79	0.58	0.81	0.64	0.49	0.32	TRC
CODI	0.1	0.27	0.83	0.79		0.58	0.44	0.66	0.19	-0.05	CODI
RCMT	0.5	0.37	0.53	0.58	0.58		0.52	0.58	0.08	-0.06	RCMT
NNBR	0.22	0.85	0.51	0.81	0.44	0.52		0.35	0.75	0.67	NNBR
MATW	0.33	0.12	0.67	0.64	0.66	0.58	0.35		0.05	-0.15	MATW
VMI	-0.14	0.73	0.3	0.49	0.19	0.08	0.75	0.05		0.69	VMI
SPLP-PA	-0.11	0.71	0.06	0.32	-0.05	-0.06	0.67	-0.15	0.69		SPLP-PA
	SPLP	BBU	GFF	TRC	CODI	RCMT	NNBR	MATW	VMI	SPLP-PA

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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

NNBR	+ 0.85	BBU
CODI	+ 0.83	GFF
NNBR	+ 0.81	TRC
TRC	+ 0.79	GFF
CODI	+ 0.79	TRC
VMI	+ 0.75	NNBR

High negative correlations

SPLP-PA	- 0.15	MATW
VMI	- 0.14	SPLP
SPLP-PA	- 0.11	SPLP
SPLP-PA	- 0.06	RCMT
SPLP-PA	- 0.05	CODI

Risk-Adjusted Indicators

There is a big difference between FTAI Stock performing well and FTAI Infrastructure 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 FTAI Infrastructure'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
SPLP	1.15	0.01	(0.03)	0.02	1.94	(2.25)	2.56	(3.98)	13.88
BBU	1.62	0.09	0.04	0.19	2.19	(1.62)	3.19	(3.64)	11.04
GFF	2.17	(0.18)	(0.01)	0.04	4.38	(2.03)	4.12	(4.02)	28.74
TRC	1.31	(0.19)	(0.06)	0.00	1.98	(1.24)	2.78	(3.29)	10.51
CODI	1.48	(0.13)	(0.02)	0.03	2.52	(1.46)	3.38	(2.42)	15.07
RCMT	1.56	(0.09)	(0.04)	0.03	1.77	(1.77)	3.10	(2.83)	11.22
NNBR	2.38	0.14	0.09	0.17	2.55	(3.21)	5.41	(5.23)	19.73
MATW	1.71	(0.28)	0.00	(0.08)	0.00	0.00	5.18	(4.54)	12.72
VMI	1.28	0.11	0.08	0.23	1.13	(1.59)	2.95	(2.07)	13.26
SPLP-PA	0.23	0.01	(0.26)	0.20	0.26	(0.25)	0.38	(0.59)	2.42

FTAI Infrastructure Corporate Management

Scott Christopher	Chief CFO	Profile
BoHee Yoon	Secretary	Profile
Hank Alexander	Chief Repauno	Profile
Alan JD	Head Relations	Profile

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