Diversified Healthcare Correlations
| DHCNL Stock | USD 16.27 0.16 0.99% |
The current 90-days correlation between Diversified Healthcare and DHCNI is 0.51 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Diversified Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diversified Healthcare Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Diversified Healthcare Correlation With Market
Good diversification
The correlation between Diversified Healthcare Trust and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Diversified Healthcare Trust and DJI in the same portfolio, assuming nothing else is changed.
Diversified |
Moving against Diversified Stock
Related Correlations Analysis
| -0.23 | 0.26 | 0.46 | 0.18 | DHCNI | ||
| -0.23 | -0.49 | -0.4 | -0.55 | OPINL | ||
| 0.26 | -0.49 | 0.32 | 0.92 | QVCC | ||
| 0.46 | -0.4 | 0.32 | 0.33 | BHFAL | ||
| 0.18 | -0.55 | 0.92 | 0.33 | QVCD | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Diversified Stock performing well and Diversified Healthcare 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 Diversified Healthcare'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DHCNI | 1.05 | (0.08) | 0.00 | 1.99 | 0.00 | 2.38 | 6.82 | |||
| OPINL | 1.86 | 0.22 | 0.07 | 1.07 | 1.88 | 4.10 | 16.67 | |||
| QVCC | 1.03 | (0.09) | 0.00 | (0.40) | 0.00 | 2.58 | 6.25 | |||
| BHFAL | 0.91 | (0.18) | 0.00 | (0.57) | 0.00 | 1.46 | 6.85 | |||
| QVCD | 1.03 | (0.10) | 0.00 | (0.28) | 0.00 | 2.23 | 5.58 |
Diversified Healthcare Corporate Management
| Adam Portnoy | Chair Board | Profile | |
| Jennifer Clark | S Trustee | Profile | |
| David Blackman | Director Acquisition | Profile | |
| Richard Siedel | CFO Treasurer | Profile | |
| Jennifer Francis | Pres COO | Profile | |
| Michael Kodesch | Director Relations | Profile |