Farmland Partners Correlations
| 0FA Stock | EUR 9.05 0.07 0.77% |
The current 90-days correlation between Farmland Partners and COGNYTE SOFTWARE LTD is -0.08 (i.e., Good diversification). The correlation of Farmland Partners 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.
Farmland Partners Correlation With Market
Poor diversification
The correlation between Farmland Partners and DJI is 0.64 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Farmland Partners and DJI in the same portfolio, assuming nothing else is changed.
Farmland |
The ability to find closely correlated positions to Farmland Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Farmland Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Farmland Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Farmland Partners to buy it.
Moving together with Farmland Stock
| 0.73 | SSU | Samsung Electronics Earnings Call This Week | PairCorr |
| 0.78 | SSUN | Samsung Electronics Earnings Call This Week | PairCorr |
| 0.74 | SSU | Samsung Electronics Earnings Call This Week | PairCorr |
| 0.78 | SSUN | Samsung Electronics Earnings Call This Week | PairCorr |
| 0.71 | E908 | Lyxor 1 | PairCorr |
| 0.74 | DBPE | Xtrackers LevDAX | PairCorr |
Moving against Farmland Stock
| 0.77 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.76 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.75 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.74 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.74 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.74 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.36 | MSF | Microsoft Earnings Call This Week | PairCorr |
| 0.36 | MSF | Microsoft Earnings Call This Week | PairCorr |
| 0.36 | MSF | Microsoft Earnings Call This Week | PairCorr |
| 0.33 | APC | Apple Inc Earnings Call This Week | PairCorr |
Related Correlations Analysis
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Farmland Stock performing well and Farmland Partners 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 Farmland Partners' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 81M | 2.15 | 0.13 | 0.04 | 0.21 | 2.58 | 4.03 | 16.02 | |||
| F3J | 2.08 | (0.11) | 0.00 | (0.23) | 0.00 | 7.01 | 16.68 | |||
| MGK | 2.02 | 0.39 | 0.16 | 0.51 | 1.98 | 5.86 | 14.35 | |||
| TKE | 1.20 | (0.11) | 0.00 | 0.79 | 0.00 | 2.55 | 10.17 | |||
| C5H | 1.63 | 0.11 | 0.06 | 0.17 | 1.63 | 3.65 | 9.67 | |||
| 25F0 | 1.05 | 0.12 | 0.03 | 0.31 | 1.46 | 4.39 | 13.88 | |||
| T86 | 1.68 | 0.13 | 0.04 | 0.38 | 1.73 | 5.11 | 9.96 | |||
| ODP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Farmland Partners without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Equity Analysis Now
Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
| All Next | Launch Module |
Farmland Partners Corporate Management
Elected by the shareholders, the Farmland Partners' board of directors comprises two types of representatives: Farmland Partners inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Farmland. The board's role is to monitor Farmland Partners' management team and ensure that shareholders' interests are well served. Farmland Partners' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Farmland Partners' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Heneghan | Independent Director | Profile | |
| Erica Borenstein | General Counsel, Secretary | Profile | |
| Joseph Glauber | Independent Director | Profile | |
| John Good | Independent Director | Profile |