Gecina SA Correlations

GECFF Stock

USD 102.74 4.88 4.99%

The current 90-days correlation between Gecina SA and Corporate Office Properties is -0.1 (i.e., Good diversification). The correlation of Gecina SA 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.

Gecina SA Correlation With Market

Good diversification

The correlation between Gecina SA and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gecina SA and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Gecina SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gecina SA 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 Gecina SA - 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 Gecina SA to buy it.

Moving together with Gecina OTC Stock

0.68	ARE	Alexandria Real Estate	Pair Corr
0.72	PPERY	Bank Mandiri Persero	Pair Corr
0.61	PPERF	Bank Mandiri Persero	Pair Corr
0.72	TLK	Telkom Indonesia Tbk	Pair Corr
0.71	PTAIY	Astra International Tbk	Pair Corr
0.79	PBCRY	Bank Central Asia	Pair Corr

Moving against Gecina OTC Stock

0.44	SLG	SL Green Realty Fiscal Year End 22nd of January 2025	Pair Corr
0.79	V	Visa Class A	Pair Corr
0.75	ATOM	Atomera	Pair Corr
0.7	OXLC	Oxford Lane Capital	Pair Corr
0.69	PANW	Palo Alto Networks	Pair Corr
0.66	SFM	Sprouts Farmers Market	Pair Corr
0.64	IBKR	Interactive Brokers Fiscal Year End 21st of January 2025	Pair Corr
0.62	DOCU	DocuSign Earnings Call This Week	Pair Corr
0.61	LINK	Interlink Electronics	Pair Corr
0.56	FTAIM	FTAI Aviation	Pair Corr
0.56	GOOD	Gladstone Commercial	Pair Corr
0.52	MA	Mastercard	Pair Corr
0.47	TTD	Trade Desk	Pair Corr
0.47	GOODN	Gladstone Commercial Corp	Pair Corr
0.47	VRT	Vertiv Holdings	Pair Corr
0.39	PYPL	PayPal Holdings Aggressive Push	Pair Corr
0.37	KODK	Eastman Kodak Trending	Pair Corr
0.7	PMMAF	Puma SE	Pair Corr
0.66	VAC	Marriot Vacations	Pair Corr
0.62	C	Citigroup Aggressive Push	Pair Corr
0.62	TSLA	Tesla Inc Aggressive Push	Pair Corr

Related Correlations Analysis

	OFC	HIW	PDM	DEI	KRC	CUZ	HPP	BDN	OPI	CIO
OFC		0.04	-0.04	0.69	0.55	0.74	-0.72	0.24	-0.68	-0.44	OFC
HIW	0.04		0.94	0.51	0.73	0.54	0.16	0.7	0.15	0.19	HIW
PDM	-0.04	0.94		0.41	0.65	0.44	0.31	0.65	0.18	0.24	PDM
DEI	0.69	0.51	0.41		0.91	0.93	-0.63	0.64	-0.65	-0.46	DEI
KRC	0.55	0.73	0.65	0.91		0.88	-0.35	0.65	-0.4	-0.24	KRC
CUZ	0.74	0.54	0.44	0.93	0.88		-0.63	0.53	-0.7	-0.52	CUZ
HPP	-0.72	0.16	0.31	-0.63	-0.35	-0.63		-0.15	0.82	0.77	HPP
BDN	0.24	0.7	0.65	0.64	0.65	0.53	-0.15		-0.05	0.01	BDN
OPI	-0.68	0.15	0.18	-0.65	-0.4	-0.7	0.82	-0.05		0.88	OPI
CIO	-0.44	0.19	0.24	-0.46	-0.24	-0.52	0.77	0.01	0.88		CIO
	OFC	HIW	PDM	DEI	KRC	CUZ	HPP	BDN	OPI	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	+ 0.94	HIW
CUZ	+ 0.93	DEI
KRC	+ 0.91	DEI
CUZ	+ 0.88	KRC
CIO	+ 0.88	OPI
OPI	+ 0.82	HPP

High negative correlations

HPP	- 0.72	OFC
OPI	- 0.7	CUZ
OPI	- 0.68	OFC
OPI	- 0.65	DEI
HPP	- 0.63	CUZ
HPP	- 0.63	DEI

Risk-Adjusted Indicators

There is a big difference between Gecina OTC Stock performing well and Gecina SA OTC Stock 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 Gecina SA'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
OFC	1.39	0.11	0.04	0.33	1.30	(1.67)	3.10	(2.44)	6.24
HIW	0.93	(0.03)	(0.06)	0.07	1.16	(0.93)	1.73	(2.16)	5.78
PDM	1.27	(0.13)	0.00	(0.01)	0.00	0.00	3.08	(2.47)	8.49
DEI	1.32	0.21	0.12	0.36	1.38	(1.51)	2.78	(2.06)	7.68
KRC	1.39	0.09	0.07	0.20	1.37	(1.63)	3.38	(2.85)	7.68
CUZ	0.83	0.14	0.06	0.42	1.03	(0.85)	1.85	(1.82)	5.40
HPP	2.90	(0.62)	0.00	(0.29)	0.00	0.00	6.35	(5.70)	16.57
BDN	1.69	(0.01)	0.01	0.12	2.93	(1.78)	3.78	(3.80)	18.66
OPI	3.19	(0.55)	0.00	(0.14)	0.00	0.00	4.79	(8.70)	54.04
CIO	1.68	(0.08)	(0.05)	0.03	1.89	(2.02)	3.84	(3.44)	8.90

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gecina SA 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.

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