Farmland Partners Correlations
| 0FA Stock | 10.20 0.22 2.20% |
The current 90-days correlation between Farmland Partners and Entravision Communications is 0.02 (i.e., Significant 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Farmland Partners Correlation With Market
Poor diversification
The correlation between Farmland Partners and DJI is 0.79 (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
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| 0.76 | DP4B | AP Mller | PairCorr |
| 0.73 | DP4A | AP Mller | PairCorr |
| 0.87 | ENI | Eni SpA | PairCorr |
| 0.87 | 8SF | SLIGRO FOOD GROUP | PairCorr |
| 0.92 | GCB | PTT Global Chemical Earnings Call This Week | PairCorr |
| 0.85 | ARW | Arrow Electronics | PairCorr |
| 0.63 | JUN3 | Jungheinrich AG ONVZO | PairCorr |
| 0.89 | 2X0 | Corteva | PairCorr |
| 0.86 | NEF | NESTE OIL | PairCorr |
| 0.91 | SSU | Samsung Electronics | PairCorr |
| 0.82 | GJ9 | SLC Agricola SA Split | PairCorr |
| 0.73 | QIA | QIAGEN NV Split | PairCorr |
| 0.64 | 5P8 | Blue Foundry Bancorp Earnings Call Today | PairCorr |
| 0.9 | AM8 | AMAG Austria Metall | PairCorr |
| 0.91 | CU3 | Cohu Inc Earnings Call Today | PairCorr |
| 0.71 | MM2 | Mercator Medical | PairCorr |
| 0.63 | LUS1 | Lang Schwarz Aktieng | PairCorr |
| 0.75 | QBE | QBE Insurance Group | PairCorr |
| 0.93 | WWR | Woolworths Group | PairCorr |
| 0.88 | H3M | Hochschild Mining plc | PairCorr |
| 0.89 | 4HF | Hoist Finance AB | PairCorr |
| 0.89 | UEO | Westlake Chemical | PairCorr |
| 0.91 | 6HS | Horseshoe Metals | PairCorr |
| 0.65 | EUX | EUWAX Aktiengesellschaft | PairCorr |
| 0.94 | WDC | WESTERN DIGITAL | PairCorr |
| 0.94 | GZF | Engie SA | PairCorr |
Moving against Farmland Stock
| 0.8 | ABHA | HASEN IMMOBILIEN N | PairCorr |
| 0.68 | BRH | Berkshire Hathaway | PairCorr |
| 0.48 | LSPP | Chocoladefabriken Lindt | PairCorr |
| 0.7 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.48 | BDD | CONICO LTD Split | 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
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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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 37H | 1.52 | 0.27 | 0.10 | (1.67) | 1.50 | 2.80 | 13.09 | |||
| 1ZG | 2.40 | 0.70 | 0.23 | (3.41) | 1.99 | 5.16 | 11.82 | |||
| FXL | 0.84 | 0.09 | 0.02 | 0.52 | 0.68 | 1.77 | 4.51 | |||
| UTDI | 1.39 | (0.02) | (0.04) | 0.05 | 2.03 | 3.01 | 8.89 | |||
| EV9 | 2.71 | 0.67 | 0.25 | 1.33 | 2.02 | 8.06 | 30.72 | |||
| OGM1 | 4.36 | (0.33) | 0.00 | 0.38 | 0.00 | 7.43 | 39.78 | |||
| 6GC | 1.13 | (0.11) | 0.00 | 1.50 | 0.00 | 1.98 | 8.49 | |||
| LGA | 1.66 | (0.34) | 0.00 | 2.34 | 0.00 | 3.14 | 9.41 |
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?
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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.
| Richard Keck | Vice Operations | Profile | |
| James Gilligan | Chief Officer | Profile | |
| Christine JD | General Secretary | Profile | |
| Susan Landi | Chief Officer | Profile |