Wheeler Real Correlations

WHLRL Stock

USD 145.50 0.80 0.55%

The current 90-days correlation between Wheeler Real Estate and The Mosaic is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wheeler Real moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wheeler Real Estate moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Wheeler Real Correlation With Market

Significant diversification

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

Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving together with Wheeler Stock

0.81	UE	Urban Edge Properties	Pair Corr
0.78	WELL	Welltower	Pair Corr
0.74	AKR	Acadia Realty Trust	Pair Corr
0.66	BRX	Brixmor Property	Pair Corr

Moving against Wheeler Stock

0.81	O	Realty Income	Pair Corr
0.81	AMT	American Tower Corp Sell-off Trend	Pair Corr
0.77	FR	First Industrial Realty	Pair Corr
0.74	ARE	Alexandria Real Estate	Pair Corr
0.7	VICI	VICI Properties	Pair Corr
0.57	ALX	Alexanders	Pair Corr
0.53	ELME	Elme Communities	Pair Corr
0.52	AIV	Apartment Investment and	Pair Corr
0.51	AMH	American Homes 4	Pair Corr
0.49	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.42	FCPT	Four Corners Property	Pair Corr
0.41	WHLR	Wheeler Real Estate	Pair Corr
0.83	CCI	Crown Castle Fiscal Year End 22nd of January 2025	Pair Corr
0.82	BNL	Broadstone Net Lease	Pair Corr
0.82	EPR	EPR Properties	Pair Corr
0.78	DHC	Diversified Healthcare	Pair Corr
0.78	EGP	EastGroup Properties	Pair Corr
0.77	GNL	Global Net Lease,	Pair Corr
0.73	EXR	Extra Space Storage	Pair Corr
0.71	CIO	City Office	Pair Corr
0.43	DEA	Eerly Govt Ppty	Pair Corr

Related Correlations Analysis

	MOS	ORGN	SEE	NVNO	SXT	XPOF	WAT
MOS		-0.05	0.38	-0.1	0.34	-0.17	0.26	MOS
ORGN	-0.05		-0.17	0.47	-0.09	-0.58	-0.51	ORGN
SEE	0.38	-0.17		-0.7	0.7	-0.04	0.47	SEE
NVNO	-0.1	0.47	-0.7		-0.51	-0.07	-0.55	NVNO
SXT	0.34	-0.09	0.7	-0.51		0.14	0.54	SXT
XPOF	-0.17	-0.58	-0.04	-0.07	0.14		0.39	XPOF
WAT	0.26	-0.51	0.47	-0.55	0.54	0.39		WAT
	MOS	ORGN	SEE	NVNO	SXT	XPOF	WAT

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

SXT	+ 0.7	SEE
WAT	+ 0.54	SXT
NVNO	+ 0.47	ORGN
WAT	+ 0.47	SEE
WAT	+ 0.39	XPOF
SEE	+ 0.38	MOS

High negative correlations

NVNO	- 0.7	SEE
XPOF	- 0.58	ORGN
WAT	- 0.55	NVNO
SXT	- 0.51	NVNO
WAT	- 0.51	ORGN
SEE	- 0.17	ORGN

Risk-Adjusted Indicators

There is a big difference between Wheeler Stock performing well and Wheeler 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 Wheeler 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
MOS	1.76	(0.18)	0.00	(0.13)	0.00	0.00	4.43	(3.92)	13.10
ORGN	3.03	(0.27)	(0.03)	0.00	3.89	(4.00)	8.70	(6.71)	26.74
SEE	1.22	(0.01)	(0.02)	0.12	1.51	(1.23)	2.26	(2.43)	8.28
NVNO	2.77	(0.77)	0.00	(1.27)	0.00	0.00	4.22	(5.59)	33.20
SXT	1.08	(0.16)	(0.06)	0.02	1.32	(1.07)	2.14	(2.19)	8.84
XPOF	2.80	0.23	0.07	0.34	2.85	(3.07)	5.96	(5.28)	35.52
WAT	1.49	0.08	0.06	0.21	1.31	(2.03)	3.00	(2.31)	24.69

Wheeler Real Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wheeler Real stock to make a market-neutral strategy. Peer analysis of Wheeler Real could also be used in its relative valuation, which is a method of valuing Wheeler Real by comparing valuation metrics with similar companies.

The Mosaic Origin Materials Sealed Air enVVeno Medical Corp Sensient Technologies Xponential Fitness Waters American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp

Risk & Return

Correlation

Wheeler Real Corporate Management

Crystal CPA	Chief Officer	Profile
Rebecca Schiefer	Director Accounting	Profile
Mary Jensen	Investor Contact	Profile
Ross Barr	General Secretary	Profile
Elizabeth Hedrick	Vice Administration	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC