Peakstone Realty Correlations

PKST Stock

10.69 0.05 0.47%

The current 90-days correlation between Peakstone Realty Trust and Global Net Lease, is 0.55 (i.e., Very weak diversification). The correlation of Peakstone 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Peakstone Realty Correlation With Market

Significant diversification

The correlation between Peakstone Realty Trust and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Peakstone Realty Trust 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 Peakstone Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Peakstone Stock

0.71	VICI	VICI Properties	Pair Corr
0.84	EPRT	Essential Properties Earnings Call This Week	Pair Corr
0.75	ESRT	Empire State Realty	Pair Corr
0.88	AAT	American Assets Trust	Pair Corr
0.94	AHH	Armada Hflr Pr	Pair Corr
0.67	BNL	Broadstone Net Lease	Pair Corr
0.79	FVR	FrontView REIT,	Pair Corr
0.84	MDV	Modiv Inc	Pair Corr
0.91	OLP	One Liberty Properties	Pair Corr
0.67	GIPR	Generationome Properties	Pair Corr
0.77	CTO-PA	CTO Realty Growth	Pair Corr
0.82	GOOD	Gladstone Commercial	Pair Corr
0.62	AHH-PA	Armada Hoffler Properties	Pair Corr
0.71	GOODN	Gladstone Commercial Corp	Pair Corr
0.82	GOODO	Gladstone Commercial Corp	Pair Corr
0.9	SAFE	Safehold Earnings Call This Week	Pair Corr
0.92	BRSP	Brightspire Capital	Pair Corr
0.85	HR	Healthcare Realty Trust Earnings Call This Week	Pair Corr
0.93	KW	Kennedy Wilson Holdings	Pair Corr
0.71	PK	Park Hotels Resorts	Pair Corr

Moving against Peakstone Stock

0.35	MDRR	Medalist Diversified Reit	Pair Corr
0.64	SQFTP	Presidio Property Trust	Pair Corr
0.64	SQFTW	Presidio Property Trust	Pair Corr
0.37	DX	Dynex Capital	Pair Corr
0.32	SQFT	Presidio Property Trust	Pair Corr

Related Correlations Analysis

	GNL	GOOD	CTO	RTLPP	RTL	WPC	BNL	OLP	MDV	AHH
GNL		0.14	0.11	0.0	0.0	0.6	0.25	-0.16	0.04	-0.07	GNL
GOOD	0.14		0.25	0.0	0.0	0.39	0.68	0.8	0.66	0.78	GOOD
CTO	0.11	0.25		0.0	0.0	0.37	0.47	0.42	0.41	0.26	CTO
RTLPP	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	RTLPP
RTL	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	RTL
WPC	0.6	0.39	0.37	0.0	0.0		0.52	0.2	0.32	0.22	WPC
BNL	0.25	0.68	0.47	0.0	0.0	0.52		0.66	0.84	0.59	BNL
OLP	-0.16	0.8	0.42	0.0	0.0	0.2	0.66		0.84	0.94	OLP
MDV	0.04	0.66	0.41	0.0	0.0	0.32	0.84	0.84		0.83	MDV
AHH	-0.07	0.78	0.26	0.0	0.0	0.22	0.59	0.94	0.83		AHH
	GNL	GOOD	CTO	RTLPP	RTL	WPC	BNL	OLP	MDV	AHH

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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

AHH	+ 0.94	OLP
MDV	+ 0.84	BNL
MDV	+ 0.84	OLP
AHH	+ 0.83	MDV
OLP	+ 0.8	GOOD
AHH	+ 0.78	GOOD

High negative correlations

OLP	- 0.16	GNL
AHH	- 0.07	GNL
AHH	- 0.0	RTL
MDV	- 0.0	RTL
OLP	- 0.0	RTL
BNL	- 0.0	RTL

Risk-Adjusted Indicators

There is a big difference between Peakstone Stock performing well and Peakstone 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 Peakstone 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
GNL	1.18	(0.12)	0.00	(0.20)	0.00	0.00	2.34	(2.85)	6.22
GOOD	0.94	0.01	0.00	0.10	1.11	(0.98)	1.75	(1.66)	10.01
CTO	0.87	(0.03)	(0.04)	0.01	1.78	(0.70)	1.67	(1.72)	7.75
RTLPP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
RTL	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
WPC	0.99	(0.02)	(0.06)	0.02	1.41	(0.92)	1.94	(1.82)	5.90
BNL	0.85	(0.17)	0.00	(0.34)	0.00	0.00	1.47	(2.31)	5.21
OLP	1.03	(0.16)	0.00	(0.45)	0.00	0.00	1.57	(2.80)	7.19
MDV	1.16	(0.07)	0.00	(0.20)	0.00	0.00	2.55	(2.13)	7.58
AHH	1.01	(0.25)	0.00	(0.70)	0.00	0.00	1.69	(2.45)	7.00

Peakstone Realty Corporate Management

Scott Tausk	Consultant	Profile
Bryan Yamasawa	Chief Officer	Profile
Carrie DiTolla	Senior Controller	Profile
Travis Bushman	Managing Management	Profile

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