Gaming Leisure Correlations
| GLPI Stock | USD 50.92 0.27 0.53% |
The current 90-days correlation between Gaming Leisure Properties and Spirit Realty Capital is 0.08 (i.e., Significant diversification). The correlation of Gaming Leisure 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.
Gaming Leisure Correlation With Market
Good diversification
The correlation between Gaming Leisure Properties and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gaming Leisure Properties and DJI in the same portfolio, assuming nothing else is changed.
Gaming |
Moving together with Gaming Stock
| 0.77 | O | Realty Income | PairCorr |
| 0.61 | FR | First Industrial Realty | PairCorr |
| 0.86 | VICI | VICI Properties | PairCorr |
| 0.7 | FCPT | Four Corners Property | PairCorr |
| 0.8 | AMT | American Tower Corp | PairCorr |
| 0.71 | BNL | Broadstone Net Lease | PairCorr |
| 0.79 | CCI | Crown Castle Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.65 | CIO | City Office | PairCorr |
Moving against Gaming Stock
| 0.51 | UE | Urban Edge Properties | PairCorr |
| 0.45 | PK | Park Hotels Resorts | PairCorr |
| 0.42 | AKR | Acadia Realty Trust | PairCorr |
| 0.37 | BHR | Braemar Hotel Resorts | PairCorr |
| 0.31 | WELL | Welltower | PairCorr |
| 0.49 | FSP | Franklin Street Prop | PairCorr |
| 0.46 | DLR | Digital Realty Trust | PairCorr |
| 0.4 | DRH | Diamondrock Hospitality | PairCorr |
| 0.37 | IVT | Inventrust Properties | PairCorr |
| 0.37 | KIM | Kimco Realty | PairCorr |
| 0.36 | KRG | Kite Realty Group | PairCorr |
| 0.34 | BRX | Brixmor Property | PairCorr |
Related Correlations Analysis
| -0.55 | -0.44 | -0.29 | 0.79 | VICI | ||
| -0.55 | 0.8 | 0.48 | -0.58 | SRC | ||
| -0.44 | 0.8 | 0.56 | -0.44 | BRX | ||
| -0.29 | 0.48 | 0.56 | -0.26 | SBRA | ||
| 0.79 | -0.58 | -0.44 | -0.26 | CUBE | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Gaming Stock performing well and Gaming Leisure 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 Gaming Leisure'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VICI | 0.67 | 0.01 | (0.12) | 0.35 | 0.91 | 1.18 | 4.66 | |||
| SRC | 0.97 | 0.20 | 0.04 | (0.62) | 0.98 | 2.34 | 6.41 | |||
| BRX | 0.72 | 0.15 | 0.07 | 0.70 | 0.64 | 1.94 | 4.59 | |||
| SBRA | 1.23 | 0.23 | 0.06 | (4.88) | 1.53 | 2.54 | 8.78 | |||
| CUBE | 0.95 | (0.01) | 0.00 | 0.16 | 0.00 | 2.23 | 7.82 |
Gaming Leisure Corporate Management
| Brandon Moore | Sr. VP, General Counsel and Secretary | Profile | |
| Desiree Burke | Chief Accounting Officer and Sr. VP | Profile | |
| Brad Cohen | IR Contact Officer | Profile | |
| Matthew CFA | Senior Officer | Profile | |
| Kara Smith | IR Contact Officer | Profile |