Primaris Real Correlations
| PMREF Stock | USD 10.25 0.50 4.65% |
The current 90-days correlation between Primaris Real Estate and Slate Grocery REIT is -0.06 (i.e., Good diversification). The correlation of Primaris Real 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.
Primaris Real Correlation With Market
Significant diversification
The correlation between Primaris Real Estate and DJI is 0.02 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Primaris Real Estate and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Primaris Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Primaris Real 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 Primaris Real - 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 Primaris Real Estate to buy it.
Moving together with Primaris Pink Sheet
| 0.77 | O | Realty Income | PairCorr |
| 0.63 | LKREF | Link Real Estate | PairCorr |
| 0.7 | KIM | Kimco Realty | PairCorr |
| 0.61 | STGPF | Scentre Group | PairCorr |
| 0.65 | CPAMF | CapitaLand Integrated Earnings Call This Week | PairCorr |
| 0.66 | FRT | Federal Realty Investment | PairCorr |
| 0.86 | AMPH | Amphastar P | PairCorr |
| 0.69 | MRLWF | Marlowe plc | PairCorr |
| 0.72 | SLMNP | A Schulman | PairCorr |
| 0.8 | HPQ | HP Inc | PairCorr |
| 0.71 | AA | Alcoa Corp | PairCorr |
| 0.85 | DD | Dupont De Nemours Earnings Call This Week | PairCorr |
| 0.71 | XOM | Exxon Mobil Corp Earnings Call Today | PairCorr |
Moving against Primaris Pink Sheet
| 0.87 | ISRMF | iShares MSCI | PairCorr |
| 0.63 | KNTK | Kinetik Holdings | PairCorr |
| 0.62 | MNPR | Monopar Therapeutics | PairCorr |
| 0.54 | PCGU | PGE Corp | PairCorr |
| 0.31 | TGNA | Tegna Inc | PairCorr |
| 0.75 | BA | Boeing | PairCorr |
| 0.61 | AXP | American Express | PairCorr |
| 0.55 | JPM | JPMorgan Chase | PairCorr |
| 0.53 | DNA | Ginkgo Bioworks Holdings Upward Rally | PairCorr |
| 0.53 | MMM | 3M Company | PairCorr |
| 0.5 | WMT | Walmart Aggressive Push | PairCorr |
| 0.33 | DIS | Walt Disney Earnings Call This Week | PairCorr |
| 0.31 | IBM | International Business Upward Rally | PairCorr |
Related Correlations Analysis
| 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
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Risk-Adjusted Indicators
There is a big difference between Primaris Pink Sheet performing well and Primaris Real 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 Primaris Real'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SRRTF | 0.99 | (0.09) | 0.00 | (0.06) | 0.00 | 2.20 | 7.55 | |||
| UBP | 1.62 | 0.56 | 0.39 | 0.92 | 0.80 | 3.18 | 30.37 | |||
| SRG | 1.51 | (0.23) | 0.00 | (0.23) | 0.00 | 3.10 | 7.39 | |||
| RPT | 1.63 | (0.09) | 0.00 | (0.07) | 0.00 | 3.23 | 10.65 | |||
| CWYUF | 0.86 | (0.15) | 0.00 | (0.40) | 0.00 | 1.91 | 4.78 | |||
| RIOCF | 1.03 | (0.14) | 0.00 | (0.46) | 0.00 | 2.21 | 6.06 | |||
| PAZRF | 0.48 | (0.10) | 0.00 | 0.38 | 0.00 | 1.20 | 9.61 | |||
| PPRQF | 1.29 | (0.23) | 0.00 | (0.07) | 0.00 | 0.65 | 34.07 | |||
| FRMUF | 0.68 | (0.10) | 0.00 | (0.32) | 0.00 | 1.80 | 7.68 | |||
| UBA | 1.26 | 0.40 | 0.31 | 1.44 | 0.66 | 2.38 | 20.63 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Primaris Real 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?
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Primaris Real Corporate Management
| Patrick Sullivan | COO Pres | Profile | |
| Raghunath CA | Chief Officer | Profile | |
| Mordecai Bobrowsky | SVP Sec | Profile | |
| Leslie Buist | VP Fin | Profile | |
| Alexander Avery | CEO Trustee | Profile | |
| Brenda Huggins | VP HR | Profile | |
| Graham Procter | VP Management | Profile |