City Office Correlations

CIO Stock

USD 0.09 0.00 0.00%

The current 90-days correlation between City Office and Chicago Atlantic Real is -0.03 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

City Office Correlation With Market

Very good diversification

The correlation between City Office and DJI is -0.44 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding City Office and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with City Stock

Check out Trending Equities to better understand how to build diversified portfolios. 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.

Moving together with City Stock

0.62

MSFT

Microsoft

Pair Corr

Moving against City Stock

0.7	CAT	Caterpillar	Pair Corr
0.66	DD	Dupont De Nemours	Pair Corr
0.43	NWH-UN	NorthWest Healthcare	Pair Corr
0.39	AMCCF	Amcor plc	Pair Corr
0.38	DIR-UN	Dream Industrial Real Earnings Call This Week	Pair Corr
0.71	CSCO	Cisco Systems	Pair Corr
0.68	KO	Coca Cola Earnings Call This Week	Pair Corr
0.67	T	ATT Inc Aggressive Push	Pair Corr
0.66	PG	Procter Gamble	Pair Corr
0.66	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.63	MCD	McDonalds	Pair Corr
0.61	JNJ	Johnson Johnson	Pair Corr
0.55	WMT	Walmart Common Stock Earnings Call This Week	Pair Corr
0.5	MRK	Merck Company Sell-off Trend	Pair Corr
0.48	TRV	The Travelers Companies	Pair Corr
0.42	MMM	3M Company	Pair Corr
0.38	INTC	Intel	Pair Corr

Related Correlations Analysis

	REFI	FVR	BRT	WHLR	SRG	SEG	MDV	ONL	OZ
REFI		0.16	0.59	-0.12	0.18	0.03	0.22	-0.49	0.18	REFI
FVR	0.16		0.59	-0.75	-0.58	-0.62	0.72	-0.07	-0.34	FVR
BRT	0.59	0.59		-0.61	-0.07	-0.17	0.52	-0.06	-0.33	BRT
WHLR	-0.12	-0.75	-0.61		0.51	0.65	-0.56	-0.25	0.34	WHLR
SRG	0.18	-0.58	-0.07	0.51		0.73	-0.3	-0.01	-0.14	SRG
SEG	0.03	-0.62	-0.17	0.65	0.73		-0.33	0.07	-0.05	SEG
MDV	0.22	0.72	0.52	-0.56	-0.3	-0.33		0.21	-0.39	MDV
ONL	-0.49	-0.07	-0.06	-0.25	-0.01	0.07	0.21		-0.56	ONL
OZ	0.18	-0.34	-0.33	0.34	-0.14	-0.05	-0.39	-0.56		OZ
	REFI	FVR	BRT	WHLR	SRG	SEG	MDV	ONL	OZ

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

SEG	+ 0.73	SRG
MDV	+ 0.72	FVR
SEG	+ 0.65	WHLR
BRT	+ 0.59	REFI
BRT	+ 0.59	FVR
MDV	+ 0.52	BRT

High negative correlations

WHLR	- 0.75	FVR
SEG	- 0.62	FVR
WHLR	- 0.61	BRT
SRG	- 0.58	FVR
OZ	- 0.56	ONL
MDV	- 0.56	WHLR

Risk-Adjusted Indicators

There is a big difference between City Stock performing well and City Office 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 City Office'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
REFI	1.06	(0.10)	0.00	(0.08)	0.00	0.00	2.35	(2.12)	8.13
FVR	1.45	0.27	0.14	0.47	1.60	(1.69)	2.96	(2.06)	9.62
BRT	0.96	(0.01)	(0.04)	0.05	1.25	(1.05)	1.91	(2.33)	7.33
WHLR	9.01	(1.50)	0.00	(2.12)	0.00	0.00	15.98	(26.05)	125.65
SRG	2.07	(0.56)	0.00	(0.23)	0.00	0.00	4.37	(4.30)	12.56
SEG	1.79	(0.32)	0.00	(0.10)	0.00	0.00	2.81	(4.34)	13.28
MDV	1.05	0.04	0.01	0.12	1.13	(1.25)	2.40	(2.18)	7.34
ONL	2.17	(0.04)	(0.02)	0.02	2.28	(3.01)	3.90	(3.83)	24.81
OZ	1.56	(0.29)	0.00	(16.60)	0.00	0.00	2.60	(3.80)	18.80

City Office Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with City Office stock to make a market-neutral strategy. Peer analysis of City Office could also be used in its relative valuation, which is a method of valuing City Office by comparing valuation metrics with similar companies.

Chicago Atlantic Real FrontView REIT BRT Realty Trust Wheeler Real Estate Seritage Growth Properties Seaport Entertainment Group Modiv Inc Orion Office Reit Belpointe PREP LLC American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne

Risk & Return

Correlation

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC