Allied Properties Correlations

AP-UN Stock

CAD 9.65 0.18 1.90%

A high positive correlation means the stock tends to rise and fall in tandem with the paired instrument. The current 90-days correlation between Allied Properties Real and Artis Real Estate is 0.12 (i.e., Good diversification).

Market Correlation Signal - Allied Properties

Weak diversification

For the present investment horizon, the measured correlation between Allied Properties and Dow Jones stands at 0.5, or Weak diversification. The overlap area shows the portion of risk diversified away by holding both instruments together.

This dataset outlines how Allied Properties behaves relative to comparable instruments. The content reflects general regulatory context.

Related Correlations Analysis

	AX-UN	KMP-UN	IIP-UN	PMZ-UN	MEQ	SVI	TNT-UN	D-UN	AIF	NWH-UN
AX-UN		0.31	-0.09	0.0	-0.02	0.0	0.52	0.0	-0.6	0.38	AX-UN
KMP-UN	0.31		0.21	0.0	0.08	0.0	0.85	0.0	-0.32	0.69	KMP-UN
IIP-UN	-0.09	0.21		0.0	0.34	0.0	0.24	0.0	0.19	0.59	IIP-UN
PMZ-UN	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	PMZ-UN
MEQ	-0.02	0.08	0.34	0.0		0.0	0.05	0.0	0.46	0.41	MEQ
SVI	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	SVI
TNT-UN	0.52	0.85	0.24	0.0	0.05	0.0		0.0	-0.49	0.77	TNT-UN
D-UN	0.0	0.0	0.0	0.0	0.0	0.0	0.0		0.0	0.0	D-UN
AIF	-0.6	-0.32	0.19	0.0	0.46	0.0	-0.49	0.0		-0.3	AIF
NWH-UN	0.38	0.69	0.59	0.0	0.41	0.0	0.77	0.0	-0.3		NWH-UN
	AX-UN	KMP-UN	IIP-UN	PMZ-UN	MEQ	SVI	TNT-UN	D-UN	AIF	NWH-UN

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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

TNT-UN	+ 0.85	KMP-UN
NWH-UN	+ 0.77	TNT-UN
NWH-UN	+ 0.69	KMP-UN
NWH-UN	+ 0.59	IIP-UN
TNT-UN	+ 0.52	AX-UN
AIF	+ 0.46	MEQ

High negative correlations

AIF	- 0.6	AX-UN
AIF	- 0.49	TNT-UN
AIF	- 0.32	KMP-UN
NWH-UN	- 0.3	AIF
IIP-UN	- 0.09	AX-UN
MEQ	- 0.02	AX-UN

Risk-Adjusted Indicators

Headline performance for Allied Stock may not fully reflect how the business compares across its competitive set. Peer-relative risk metrics add context on drawdown behavior, consistency, and return quality. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
AX-UN	2.83	-0.24	0.00	-0.33	0.00	0.00	5.68	-6.77	16.82
KMP-UN	0.81	-0.02	0.00	-0.05	0.00	0.00	1.44	-2.03	5.37
IIP-UN	0.17	-0.02	0.00	-0.69	0.00	0.00	0.30	-0.38	1.06
PMZ-UN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
MEQ	0.92	0.04	0.03	0.06	1.18	-0.92	1.94	-1.90	4.94
SVI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
TNT-UN	0.78	-0.07	0.00	-0.22	0.00	0.00	1.25	-1.34	4.55
D-UN	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AIF	1.82	0.15	0.06	0.20	2.62	-1.79	3.65	-3.99	17.85
NWH-UN	1.09	-0.06	0.00	-0.13	0.00	0.00	2.29	-2.22	5.06

Be Your Own Money Manager

Serious investors usually evaluate Allied Properties Real in portfolio context because a good security can still be a weak addition if it increases concentration or unnecessary volatility. When applied, optimization turns position sizing and rebalancing into measurable decisions rather than guesswork.

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Allied Properties Corporate Management

Governance review matters for Allied Properties Real because boards and executives shape oversight, strategic discipline, and how shareholder interests are represented. This becomes more valuable when seeking to compare oversight quality across firms that may otherwise look financially similar.

Anne Miatello	Senior VP, General Counsel, Corporate Secretary & Compliance Officer	Profile
Jo Flatt	Vice President of Corporate Sustainability & Brand	Profile
Thomas Burns	Ex COO	Profile
Hugh Clark	Ex Devel	Profile