Easterly Government Correlations

Stocks . Germany . 
Stock . Easterly Government Properties
E05 Stock  EUR 10.49  0.09  0.85%   
The current 90-days correlation between Easterly Government and Great Portland Estates is 0.07 (i.e., Significant diversification). The correlation of Easterly Government 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.

Easterly Government Correlation With Market

Weak diversification

The correlation between Easterly Government Properties and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Easterly Government Properties and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Easterly Government could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Easterly Government 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 Easterly Government - 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 Easterly Government Properties to buy it.

Moving together with Easterly Stock

  0.61ROM ROHMPairCorr
  0.68NVE NVR IncPairCorr
  0.710JM PT Jasa MargaPairCorr

Moving against Easterly Stock

  0.63ABEA Alphabet Class APairCorr
  0.345QV CITY OFFICE REITPairCorr
  0.81BSI BE Semiconductor IndPairCorr
  0.69YMI Yellow Pages LimitedPairCorr
  0.68AMZ Amazon IncPairCorr
  0.67CUW Columbia SportswearPairCorr
  0.65WDP Walt DisneyPairCorr
  0.58UFH US Foods HoldingPairCorr
  0.535B9 Broadridge FinancialPairCorr
  0.51ZIM Zimmer Biomet HoldingsPairCorr
  0.458BU BRUNELLO C SPAPairCorr
  0.44OM6 OReilly AutomotivePairCorr
  0.42SWG Charles SchwabPairCorr
  0.378XE ENGIE Eps SAPairCorr
  0.36PCG6 PG E P6PairCorr
  0.32PKE Park Aerospace CorpPairCorr
  0.323EC Eaton PLCPairCorr
  0.71SCY StratasysPairCorr
  0.68AMZ Amazon IncPairCorr
  0.64ABEA Alphabet Class APairCorr
  0.61MSF MicrosoftPairCorr

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   
GOKA
+ 0.82
G9KB
WY52
+ 0.77
G9KB
3AZ
+ 0.7
GOKA
CPZ1
+ 0.6
BO9
3AZ
+ 0.6
G9KB
E05
+ 0.58
BO9
  
High negative correlations   
G9KB
- 0.82
CPZ1
WY52
- 0.62
CPZ1
GOKA
- 0.58
CPZ1
3AZ
- 0.42
CPZ1
5QV
- 0.34
E05
WY52
- 0.17
BO9

Risk-Adjusted Indicators

There is a big difference between Easterly Stock performing well and Easterly Government 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 Easterly Government'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Easterly Government 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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Easterly Government Corporate Management

Elected by the shareholders, the Easterly Government's board of directors comprises two types of representatives: Easterly Government inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Easterly. The board's role is to monitor Easterly Government's management team and ensure that shareholders' interests are well served. Easterly Government's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Easterly Government's outside directors are responsible for providing unbiased perspectives on the board's policies.
Cynthia FisherIndependent DirectorProfile
Darrell CrateChairman of the Board of DirectorsProfile
Michael IbeVice Chairman of the Board of Directors, Executive Vice President – Development and AcquisitionsProfile
Ronald KendallExecutive Vice President - Government RelationsProfile
William BinnieLead Independent DirectorProfile
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