One Liberty Correlations
| OLP Stock | USD 25.75 0.31 1.19% |
The current 90-days correlation between One Liberty Properties and Armada Hflr Pr is 0.66 (i.e., Poor 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
Modest diversification
The correlation between One Liberty Properties and DJI is 0.23 (i.e., Modest 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.
One |
Moving together with One Stock
| 0.78 | HR | Healthcare Realty Trust | PairCorr |
| 0.76 | PK | Park Hotels Resorts | PairCorr |
| 0.83 | UE | Urban Edge Properties | PairCorr |
| 0.62 | EPRT | Essential Properties | PairCorr |
| 0.7 | ESBA | Empire State Realty | PairCorr |
| 0.68 | ESRT | Empire State Realty | PairCorr |
| 0.64 | FCPT | Four Corners Property | PairCorr |
| 0.8 | AAT | American Assets Trust | PairCorr |
| 0.67 | ADC | Agree Realty | PairCorr |
| 0.66 | AHH | Armada Hflr Pr | PairCorr |
| 0.92 | AKR | Acadia Realty Trust | PairCorr |
| 0.83 | AVB | AvalonBay Communities | PairCorr |
| 0.82 | BFS | Saul Centers | PairCorr |
| 0.81 | BHR | Braemar Hotel Resorts | PairCorr |
| 0.82 | BRT | BRT Realty Trust | PairCorr |
| 0.94 | BRX | Brixmor Property | PairCorr |
| 0.88 | CPT | Camden Property Trust Sell-off Trend | PairCorr |
Related Correlations Analysis
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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 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 | 1.78 | (0.20) | 0.00 | (0.33) | 0.00 | 3.51 | 12.13 | |||
| MDV-PA | 0.57 | (0.03) | 0.00 | (1.16) | 0.00 | 1.13 | 4.38 | |||
| RTLPP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AHH | 0.96 | (0.14) | 0.00 | (0.35) | 0.00 | 1.66 | 8.00 | |||
| NXDT-PA | 0.83 | 0.05 | 0.02 | (0.84) | 1.38 | 1.56 | 7.04 | |||
| MDV | 1.15 | (0.07) | 0.00 | (0.25) | 0.00 | 2.41 | 8.45 | |||
| GOODN | 0.63 | (0.09) | 0.00 | (0.22) | 0.00 | 1.29 | 4.85 | |||
| MDRR | 1.33 | 0.03 | 0.00 | (0.02) | 1.84 | 3.52 | 15.03 | |||
| BNL | 0.83 | (0.21) | 0.00 | (0.83) | 0.00 | 1.41 | 5.21 |