Slate Office Correlations

SLTTF Stock

USD 0.33 0.02 5.71%

The correlation of Slate Office 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.

Slate Office Correlation With Market

Good diversification

The correlation between Slate Office REIT and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Slate Office REIT and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Slate Pink Sheet

0.79	SSNLF	Samsung Electronics	Pair Corr
0.63	PTAIF	PT Astra International	Pair Corr
0.62	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr

Moving against Slate Pink Sheet

0.54	PG	Procter Gamble Sell-off Trend	Pair Corr
0.43	BKRKF	PT Bank Rakyat	Pair Corr
0.39	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr

Related Correlations Analysis

	OFC	FSP	DEI	HIW	BDN	HPP	PDM	CIO-PA	SLG	BXP
OFC		0.7	0.69	0.04	0.24	-0.72	-0.04	-0.26	0.76	0.31	OFC
FSP	0.7		0.58	0.0	-0.02	-0.52	0.01	-0.56	0.8	0.14	FSP
DEI	0.69	0.58		0.51	0.64	-0.63	0.41	-0.43	0.89	0.75	DEI
HIW	0.04	0.0	0.51		0.7	0.16	0.94	-0.14	0.42	0.9	HIW
BDN	0.24	-0.02	0.64	0.7		-0.15	0.65	0.09	0.37	0.76	BDN
HPP	-0.72	-0.52	-0.63	0.16	-0.15		0.31	0.29	-0.59	-0.17	HPP
PDM	-0.04	0.01	0.41	0.94	0.65	0.31		-0.2	0.35	0.8	PDM
CIO-PA	-0.26	-0.56	-0.43	-0.14	0.09	0.29	-0.2		-0.63	-0.23	CIO-PA
SLG	0.76	0.8	0.89	0.42	0.37	-0.59	0.35	-0.63		0.61	SLG
BXP	0.31	0.14	0.75	0.9	0.76	-0.17	0.8	-0.23	0.61		BXP
	OFC	FSP	DEI	HIW	BDN	HPP	PDM	CIO-PA	SLG	BXP

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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

PDM	+ 0.94	HIW
BXP	+ 0.9	HIW
SLG	+ 0.89	DEI
SLG	+ 0.8	FSP
BXP	+ 0.8	PDM
SLG	+ 0.76	OFC

High negative correlations

HPP	- 0.72	OFC
SLG	- 0.63	CIO-PA
HPP	- 0.63	DEI
SLG	- 0.59	HPP
CIO-PA	- 0.56	FSP
HPP	- 0.52	FSP

Risk-Adjusted Indicators

There is a big difference between Slate Pink Sheet performing well and Slate Office 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 Slate Office'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
OFC	1.39	0.11	0.04	0.33	1.30	(1.67)	3.10	(2.44)	6.24
FSP	2.23	0.00	0.02	0.13	2.41	(2.64)	4.62	(4.22)	12.58
DEI	1.32	0.21	0.12	0.36	1.38	(1.51)	2.78	(2.06)	7.68
HIW	0.93	(0.03)	(0.06)	0.07	1.16	(0.93)	1.73	(2.16)	5.78
BDN	1.69	(0.01)	0.01	0.12	2.93	(1.78)	3.78	(3.80)	18.66
HPP	2.90	(0.62)	0.00	(0.29)	0.00	0.00	6.35	(5.70)	16.57
PDM	1.27	(0.13)	0.00	(0.01)	0.00	0.00	3.08	(2.47)	8.49
CIO-PA	0.92	0.02	(0.08)	0.20	0.91	(1.15)	2.13	(1.64)	9.95
SLG	1.37	0.15	0.09	0.29	1.43	(1.53)	3.38	(2.50)	9.86
BXP	1.11	0.09	0.02	0.26	1.42	(1.12)	2.06	(2.65)	7.04

Be your own money manager

Our tools can tell you how much better you can do entering a position in Slate Office 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.

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Slate Office Corporate Management

Charles Peach	Chief Officer	Profile
Lisa Rowe	Managing Director	Profile
Ramsey JD	G Sec	Profile
Darrell Shipp	Director Acquisitions	Profile
Steve Hodgson	Chief Officer	Profile

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