One Liberty Correlations

OLP Stock

USD 28.78 0.19 0.66%

The current 90-days correlation between One Liberty Properties and Armada Hflr Pr is 0.49 (i.e., Very weak diversification). The correlation of One Liberty 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.

One Liberty Correlation With Market

Very weak diversification

The correlation between One Liberty Properties and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Liberty Properties and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Liberty Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with One Stock

0.83	UE	Urban Edge Properties	Pair Corr
0.68	ADC	Agree Realty	Pair Corr
0.74	AHR	American Healthcare REIT,	Pair Corr
0.88	BRX	Brixmor Property	Pair Corr
0.63	GTY	Getty Realty	Pair Corr
0.76	IVT	Inventrust Properties	Pair Corr
0.82	KIM	Kimco Realty	Pair Corr
0.91	KRG	Kite Realty Group	Pair Corr
0.63	REG	Regency Centers	Pair Corr
0.79	SKT	Tanger Factory Outlet	Pair Corr
0.8	SPG	Simon Property Group	Pair Corr
0.87	ROIC	Retail Opportunity Sell-off Trend	Pair Corr
0.65	DX	Dynex Capital	Pair Corr
0.7	OZ	Belpointe PREP LLC	Pair Corr

Moving against One Stock

0.53	HPP	Hudson Pacific Properties Buyout Trend	Pair Corr
0.49	O	Realty Income	Pair Corr
0.47	UK	Ucommune International	Pair Corr
0.46	NNN	National Retail Prop Sell-off Trend	Pair Corr
0.45	FR	First Industrial Realty	Pair Corr
0.38	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.37	PW	Power REIT	Pair Corr
0.37	RC	Ready Capital Corp	Pair Corr
0.59	VINO	Gaucho Group Holdings	Pair Corr
0.44	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.42	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.38	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.38	VICI	VICI Properties	Pair Corr
0.38	VTMX	Corporacin Inmobiliaria	Pair Corr

Related Correlations Analysis

	GIPR	MDV-PA	RTLPP	AHH	NXDT-PA	MDV	GOODN	MDRR	BNL
GIPR		-0.85	-0.48	0.77	-0.8	-0.25	-0.66	0.25	0.41	GIPR
MDV-PA	-0.85		0.29	-0.85	0.88	0.43	0.71	-0.36	-0.12	MDV-PA
RTLPP	-0.48	0.29		-0.24	0.37	-0.01	0.62	0.21	-0.82	RTLPP
AHH	0.77	-0.85	-0.24		-0.75	-0.27	-0.51	0.44	0.18	AHH
NXDT-PA	-0.8	0.88	0.37	-0.75		0.41	0.75	-0.31	-0.28	NXDT-PA
MDV	-0.25	0.43	-0.01	-0.27	0.41		0.52	-0.44	0.18	MDV
GOODN	-0.66	0.71	0.62	-0.51	0.75	0.52		-0.17	-0.46	GOODN
MDRR	0.25	-0.36	0.21	0.44	-0.31	-0.44	-0.17		-0.24	MDRR
BNL	0.41	-0.12	-0.82	0.18	-0.28	0.18	-0.46	-0.24		BNL
	GIPR	MDV-PA	RTLPP	AHH	NXDT-PA	MDV	GOODN	MDRR	BNL

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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

NXDT-PA	+ 0.88	MDV-PA
AHH	+ 0.77	GIPR
GOODN	+ 0.75	NXDT-PA
GOODN	+ 0.71	MDV-PA
GOODN	+ 0.62	RTLPP
GOODN	+ 0.52	MDV

High negative correlations

AHH	- 0.85	MDV-PA
MDV-PA	- 0.85	GIPR
BNL	- 0.82	RTLPP
NXDT-PA	- 0.8	GIPR
NXDT-PA	- 0.75	AHH
GOODN	- 0.66	GIPR

Risk-Adjusted Indicators

There is a big difference between One Stock performing well and One Liberty 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 One Liberty'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
GIPR	2.04	(0.58)	0.00	(0.85)	0.00	0.00	4.17	(4.94)	12.13
MDV-PA	0.34	0.09	(0.08)	(0.89)	0.14	(0.45)	1.01	(0.80)	2.56
RTLPP	0.83	0.09	(0.04)	(0.39)	1.06	(0.88)	2.31	(1.89)	5.71
AHH	0.97	(0.13)	0.00	(0.22)	0.00	0.00	1.63	(1.74)	11.25
NXDT-PA	0.64	0.20	0.08	(4.29)	0.60	(0.72)	1.53	(1.34)	3.49
MDV	1.51	0.05	0.00	0.20	1.76	(1.68)	3.54	(2.22)	10.64
GOODN	0.53	0.06	(0.07)	0.51	0.44	(0.63)	1.42	(0.75)	3.94
MDRR	1.35	0.02	(0.06)	(0.03)	1.68	(1.72)	3.85	(3.68)	9.59
BNL	0.77	(0.06)	0.00	(0.52)	0.00	0.00	1.59	(1.71)	5.03

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