Real Estate Agents & Managers (For Others)

9 US-listed companies SIC 6531 · all industries

How much this is one bet

13% of the closest matches for a typical Real Estate Agents & Managers (For Others) company are other Real Estate Agents & Managers (For Others) companies. That is low, which means the label is doing less work than it looks like: these companies are classified together but do not move together.

How the industry moves

Companies 9
Traded per day $563.7M
Median volatility 51.3%
Median beta vs SPY 1.19
Rate sensitivity -0.21
Volatility sensitivity -0.27

Measured from one year of daily returns. Rate sensitivity is the median correlation between a company's daily return and the daily change in the 10-year Treasury yield: positive means the industry tends to rise on days yields rise. It is a correlation, not a forecast, and a low number over one year is a statement about this year.

On the public record

Shares sold short 304.9M
Median days to cover 4.6
Insider purchases 1
Insider sales 9
Congressional trades 16
Institutions’ reported value $25.99B
Combined revenue as filed $64.47B

The companiesall of them

TickerCompanyTraded per dayBetaDays to cover
OPEN Opendoor Technologies Inc $195.7M 3.25 3.4
JLL Jones Lang LaSalle Incorporated $117.0M 0.96 2.9
COMP Compass, Inc. Class A $109.4M 2.22 3.7
BEKE KE Holdings Inc American Preferred $62.6M 0.87 10.3
VAC Marriott Vacations Worldwide Corporation $41.6M 1.37 3.7
NMRK Newmark Group, Inc. $19.2M 1.19 4.6
REAX Real REMAX Group Inc. $6.9M 1.39 6.4
AGNT AGNT, Inc. $6.0M 1.19 9.8
MMI Marcus & Millichap, Inc. $5.2M 0.62 7.3

What “one bet” means, and how it is measured

For every security this site computes its closest matches across the whole market, by one-year daily-return correlation. Cohesion asks a simple question of that: of the ten closest matches for each company in this industry, what share are also in this industry?

A high number means the classification is doing real work — these companies genuinely move together, and the industry is closer to a single position than to a set of independent ones. Trucking, shipping, homebuilders and airlines sit at the top of that measure, which is what anyone who has held two of them would tell you.

A low number means the opposite: the SEC's code groups them, but the market does not. That is worth knowing before treating an industry label as a diversification plan.

Where these numbers come from

What is deliberately absent

No index, no sector return, no performance figure. Aggregating company returns into an industry return would be republishing the licensed price history in a thin disguise, and it would also be wrong — there is no defensible weighting to choose. The statistics here are all invariant to that problem: a median, a correlation, a count, or a sum of filed figures.

All industries, ranked · each company's own page is under security pages.