Fibra UNO Correlations

FBASF Stock

USD 1.25 0.09 7.76%

The current 90-days correlation between Fibra UNO and British Land is 0.03 (i.e., Significant diversification). The correlation of Fibra UNO 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.

Fibra UNO Correlation With Market

Good diversification

The correlation between Fibra UNO and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fibra UNO and DJI in the same portfolio, assuming nothing else is changed.

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

Moving together with Fibra Pink Sheet

0.64	LSGOF	Land Securities Group	Pair Corr
0.76	MONDY	Mondi PLC ADR	Pair Corr
0.71	ASOZY	Asseco Poland SA	Pair Corr
0.67	SSREF	Swiss Re AG	Pair Corr
0.64	SFB	Stifel Financial	Pair Corr
0.63	IKTSY	Intertek Group Plc	Pair Corr
0.63	VNET	VNET Group DRC Earnings Call This Week	Pair Corr

Moving against Fibra Pink Sheet

0.61	FLDAY	Fluidra SA	Pair Corr
0.46	EQC	Equity Commonwealth	Pair Corr
0.35	NWIFF	Nuinsco Resources	Pair Corr
0.37	RGTIW	Rigetti Computing Trending	Pair Corr

Related Correlations Analysis

	BTLCY	GNL	VICI	PSBZP	BRLAF	PSBYP	HHDS	WPC	EPRT
BTLCY		0.12	0.43	0.0	0.0	0.0	0.19	0.27	0.41	BTLCY
GNL	0.12		0.82	0.0	0.0	0.0	0.07	0.86	0.26	GNL
VICI	0.43	0.82		0.0	0.0	0.0	0.2	0.93	0.54	VICI
PSBZP	0.0	0.0	0.0		0.0	0.0	0.0	0.0	0.0	PSBZP
BRLAF	0.0	0.0	0.0	0.0		0.0	0.0	0.0	0.0	BRLAF
PSBYP	0.0	0.0	0.0	0.0	0.0		0.0	0.0	0.0	PSBYP
HHDS	0.19	0.07	0.2	0.0	0.0	0.0		0.07	-0.14	HHDS
WPC	0.27	0.86	0.93	0.0	0.0	0.0	0.07		0.4	WPC
EPRT	0.41	0.26	0.54	0.0	0.0	0.0	-0.14	0.4		EPRT
	BTLCY	GNL	VICI	PSBZP	BRLAF	PSBYP	HHDS	WPC	EPRT

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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

WPC	+ 0.93	VICI
WPC	+ 0.86	GNL
VICI	+ 0.82	GNL
EPRT	+ 0.54	VICI
VICI	+ 0.43	BTLCY
EPRT	+ 0.41	BTLCY

High negative correlations

EPRT	- 0.14	HHDS
EPRT	- 0.0	PSBYP
WPC	- 0.0	PSBYP
HHDS	- 0.0	PSBYP
EPRT	- 0.0	BRLAF
WPC	- 0.0	BRLAF

Risk-Adjusted Indicators

There is a big difference between Fibra Pink Sheet performing well and Fibra UNO 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 Fibra UNO'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
BTLCY	1.18	0.14	0.11	0.13	1.43	(1.25)	2.46	(1.77)	6.93
GNL	1.29	0.31	0.21	0.31	1.37	(1.42)	2.63	(2.35)	8.08
VICI	1.04	0.13	0.13	0.15	1.24	(1.10)	2.15	(2.15)	5.78
PSBZP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BRLAF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
PSBYP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HHDS	53.77	23.07	0.39	2.14	28.56	(127.19)	202.25	(66.27)	573.22
WPC	1.09	0.22	0.20	0.49	1.13	(1.24)	2.53	(2.30)	5.90
EPRT	1.14	0.06	0.00	(0.02)	0.00	0.00	2.32	(2.41)	5.55

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fibra UNO 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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Fibra UNO Corporate Management

Isidoro Laniado	Executive VP of Strategy and Fin., Member of Technical Committee and Member of Nominations Committee	Profile
Javier Velez	VP Treasury	Profile
Arturo Campos	Director HR	Profile
Ana Mora	Director Sustainability	Profile

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