Kilroy Realty Correlations

KRC Stock

EUR 40.00 1.00 2.56%

The correlation of Kilroy Realty 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.

Kilroy Realty Correlation With Market

Very weak diversification

The correlation between Kilroy Realty Corp and DJI is 0.58 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kilroy Realty Corp and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Kilroy Stock

0.77	FQI	Digital Realty Trust	Pair Corr
0.89	GEI	SL Green Realty	Pair Corr
0.95	VO7	Vornado Realty Trust	Pair Corr
0.89	GQ9	SPDR Gold Shares	Pair Corr
0.85	UN3	United Natural Foods Earnings Call This Week	Pair Corr
0.68	V71	HUT 8 P	Pair Corr
0.88	EK7	AGRICUL BK CHINA	Pair Corr
0.62	E908	Lyxor 1	Pair Corr
0.74	DBPE	Xtrackers LevDAX	Pair Corr

Moving against Kilroy Stock

0.77	DBPD	Xtrackers ShortDAX	Pair Corr
0.74	CWF	OneApex Limited	Pair Corr
0.73	JUA	Japan Real Estate	Pair Corr
0.67	BMI	BP Prudhoe Bay	Pair Corr
0.66	HX1A	PT Hexindo Adiperkasa	Pair Corr

Related Correlations Analysis

	RSO	LB3A	CVB	EV9	UVD	CTO0	QCH
RSO		-0.27	-0.22	-0.23	-0.26	0.24	0.29	RSO
LB3A	-0.27		0.05	-0.54	0.64	-0.66	-0.74	LB3A
CVB	-0.22	0.05		0.0	0.48	-0.03	-0.45	CVB
EV9	-0.23	-0.54	0.0		-0.42	0.65	0.6	EV9
UVD	-0.26	0.64	0.48	-0.42		-0.42	-0.82	UVD
CTO0	0.24	-0.66	-0.03	0.65	-0.42		0.7	CTO0
QCH	0.29	-0.74	-0.45	0.6	-0.82	0.7		QCH
	RSO	LB3A	CVB	EV9	UVD	CTO0	QCH

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

QCH	+ 0.7	CTO0
CTO0	+ 0.65	EV9
UVD	+ 0.64	LB3A
QCH	+ 0.6	EV9
UVD	+ 0.48	CVB
QCH	+ 0.29	RSO

High negative correlations

QCH	- 0.82	UVD
QCH	- 0.74	LB3A
CTO0	- 0.66	LB3A
EV9	- 0.54	LB3A
QCH	- 0.45	CVB
CTO0	- 0.42	UVD

Risk-Adjusted Indicators

There is a big difference between Kilroy Stock performing well and Kilroy Realty 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 Kilroy Realty'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
RSO	1.13	(0.05)	(0.06)	0.04	1.33	(1.28)	2.78	(2.15)	6.48
LB3A	3.47	(0.61)	0.00	(0.84)	0.00	0.00	8.70	(8.00)	28.61
CVB	1.59	0.48	0.04	(0.28)	1.57	(10.87)	5.00	(4.76)	36.25
EV9	2.24	0.56	0.14	(1.59)	2.34	(3.17)	5.36	(3.89)	17.95
UVD	1.70	(0.02)	0.00	0.31	0.00	0.00	3.47	(3.37)	16.87
CTO0	1.30	0.19	0.04	(1.62)	1.24	(1.72)	2.95	(2.14)	7.74
QCH	1.29	0.18	0.07	0.56	1.13	(1.76)	3.16	(1.91)	7.06

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kilroy Realty 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.

Did you try this?

Run Cryptocurrency Center Now

Cryptocurrency Center

Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency

All Next

Launch Module

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

2024 Macroaxis LLC