Creative Media Correlations

CMCT Stock

USD 0.22 0.03 12.00%

The current 90-days correlation between Creative Media Community and Equity Commonwealth is -0.2 (i.e., Good diversification). The correlation of Creative Media 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.

Creative Media Correlation With Market

Average diversification

The correlation between Creative Media Community and DJI is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Creative Media Community and DJI in the same portfolio, assuming nothing else is changed.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Creative Media Community. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Moving together with Creative Stock

0.75	HPP	Hudson Pacific Properties Buyout Trend	Pair Corr
0.77	FR	First Industrial Realty	Pair Corr
0.82	RC	Ready Capital Corp	Pair Corr
0.75	UK	Ucommune International	Pair Corr
0.77	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.71	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.77	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.79	AHT-PG	Ashford Hospitality Trust	Pair Corr

Moving against Creative Stock

0.88	SKT	Tanger Factory Outlet	Pair Corr
0.86	SITC	Site Centers Corp	Pair Corr
0.82	SPG	Simon Property Group	Pair Corr
0.79	AHR	American Healthcare REIT,	Pair Corr
0.75	UE	Urban Edge Properties	Pair Corr
0.62	ROIC	Retail Opportunity Sell-off Trend	Pair Corr
0.58	KIM	Kimco Realty	Pair Corr
0.57	BRX	Brixmor Property	Pair Corr
0.46	IVT	Inventrust Properties	Pair Corr
0.44	KRG	Kite Realty Group	Pair Corr
0.39	ADC	Agree Realty	Pair Corr
0.39	GTY	Getty Realty	Pair Corr
0.87	CDR-PC	Cedar Realty Trust	Pair Corr
0.83	MITT-PB	AG Mortgage Investment	Pair Corr
0.83	MITT-PC	AG Mortgage Investment	Pair Corr
0.82	CDR-PB	Cedar Realty Trust	Pair Corr
0.81	EQIX	Equinix	Pair Corr
0.72	MITT-PA	AG Mortgage Investment	Pair Corr
0.71	WELL	Welltower	Pair Corr
0.66	VNO-PM	Vornado Realty Trust	Pair Corr
0.63	VNO-PO	Vornado Realty Trust	Pair Corr
0.62	VNO-PN	Vornado Realty Trust	Pair Corr

Related Correlations Analysis

	CUZ	HIW	DEI	EQC	KRC	EQC-PD	OFC	FSP	PDM	CIO
CUZ		0.63	0.92	-0.4	0.88	0.88	0.66	0.63	0.59	-0.56	CUZ
HIW	0.63		0.6	-0.55	0.81	0.44	-0.04	0.07	0.95	0.16	HIW
DEI	0.92	0.6		-0.56	0.9	0.89	0.55	0.53	0.57	-0.5	DEI
EQC	-0.4	-0.55	-0.56		-0.56	-0.4	0.08	0.11	-0.49	0.1	EQC
KRC	0.88	0.81	0.9	-0.56		0.79	0.33	0.48	0.77	-0.24	KRC
EQC-PD	0.88	0.44	0.89	-0.4	0.79		0.68	0.59	0.39	-0.59	EQC-PD
OFC	0.66	-0.04	0.55	0.08	0.33	0.68		0.55	-0.08	-0.78	OFC
FSP	0.63	0.07	0.53	0.11	0.48	0.59	0.55		0.13	-0.57	FSP
PDM	0.59	0.95	0.57	-0.49	0.77	0.39	-0.08	0.13		0.22	PDM
CIO	-0.56	0.16	-0.5	0.1	-0.24	-0.59	-0.78	-0.57	0.22		CIO
	CUZ	HIW	DEI	EQC	KRC	EQC-PD	OFC	FSP	PDM	CIO

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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

PDM	+ 0.95	HIW
DEI	+ 0.92	CUZ
KRC	+ 0.9	DEI
EQC-PD	+ 0.89	DEI
KRC	+ 0.88	CUZ
EQC-PD	+ 0.88	CUZ

High negative correlations

CIO	- 0.78	OFC
CIO	- 0.59	EQC-PD
CIO	- 0.57	FSP
KRC	- 0.56	EQC
EQC	- 0.56	DEI
CIO	- 0.56	CUZ

Risk-Adjusted Indicators

There is a big difference between Creative Stock performing well and Creative Media 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 Creative Media'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
CUZ	0.83	0.18	0.10	0.45	0.91	(0.88)	1.92	(1.82)	5.40
HIW	0.95	(0.02)	(0.05)	0.08	1.16	(1.02)	1.84	(2.16)	5.78
DEI	1.34	0.33	0.16	1.03	1.35	(1.54)	2.79	(2.06)	8.58
EQC	0.27	(0.03)	0.00	(0.17)	0.00	0.00	0.50	(0.56)	3.49
KRC	1.40	0.12	0.10	0.22	1.35	(1.63)	3.71	(2.85)	8.91
EQC-PD	0.14	0.00	(0.53)	0.28	0.12	(0.15)	0.28	(0.32)	0.92
OFC	1.39	0.23	0.05	(0.53)	1.30	(1.67)	3.10	(2.44)	6.24
FSP	2.42	0.15	0.08	0.22	2.46	(2.92)	6.21	(4.22)	12.58
PDM	1.28	(0.04)	(0.03)	0.08	1.55	(1.50)	3.08	(2.47)	8.49
CIO	1.67	(0.22)	0.00	(0.24)	0.00	0.00	3.84	(3.44)	11.18

Creative Media Corporate Management

CPA CPA	Treasurer, Acct	Profile
Sondra Wenger	Managing Group	Profile
Ryan Harter	Principal Group	Profile
David CPA	Chief Officer	Profile
Jordan Dembo	MD Officer	Profile
Stephen Altebrando	Equity VP	Profile

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