Essential Properties Correlations
| EPRT Stock | USD 32.85 0.45 1.39% |
The correlation of Essential Properties 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.
Essential Properties Correlation With Market
Very weak diversification
The correlation between Essential Properties Realty and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Essential Properties Realty and DJI in the same portfolio, assuming nothing else is changed.
Essential |
Moving together with Essential Stock
| 0.61 | O | Realty Income | PairCorr |
| 0.62 | VICI | VICI Properties | PairCorr |
| 0.63 | MITT-PA | AG Mortgage Investment | PairCorr |
Moving against Essential Stock
| 0.46 | CMCT | Creative Media Community | PairCorr |
| 0.42 | PDM | Piedmont Office Realty | PairCorr |
| 0.42 | PK | Park Hotels Resorts | PairCorr |
| 0.4 | OZ | Belpointe PREP LLC | PairCorr |
| 0.35 | IRM | Iron Mountain | PairCorr |
| 0.33 | EQC | Equity Commonwealth | PairCorr |
| 0.46 | WHLR | Wheeler Real Estate | PairCorr |
| 0.45 | ESBA | Empire State Realty | PairCorr |
| 0.4 | WETH | Wetouch Technology Common | PairCorr |
| 0.36 | ESRT | Empire State Realty | 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 Essential Stock performing well and Essential Properties 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 Essential Properties' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SRC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| AHH | 1.25 | (0.40) | 0.00 | (0.40) | 0.00 | 2.13 | 14.97 | |||
| CTO | 1.01 | 0.01 | 0.00 | 0.01 | 1.63 | 1.95 | 7.86 | |||
| BRSP | 1.10 | 0.01 | 0.01 | 0.02 | 1.23 | 2.74 | 5.52 | |||
| BNL | 1.07 | 0.12 | 0.09 | 0.24 | 1.16 | 2.15 | 5.41 | |||
| SAFE | 1.86 | (0.10) | 0.00 | (0.17) | 0.00 | 3.33 | 11.18 | |||
| AHH-PA | 0.73 | (0.03) | 0.00 | (0.13) | 0.00 | 1.99 | 5.52 | |||
| OLP | 1.08 | (0.02) | 0.00 | (0.03) | 0.00 | 1.96 | 6.25 | |||
| MDV | 1.54 | 0.09 | 0.04 | 0.10 | 1.81 | 3.41 | 11.04 |
Essential Properties Corporate Management
| Kristin JD | Senior Counsel | Profile | |
| Max Jenkins | Executive Investments | Profile | |
| A Peil | Executive Management | Profile | |
| Chama Punlert | VP Credit | Profile | |
| Heather Neary | Independent Director | Profile |