Farmland Partners Correlations

FPI Stock

USD 10.95 0.10 0.90%

The current 90-days correlation between Farmland Partners and Gladstone Land is 0.4 (i.e., Very weak diversification). The correlation of Farmland Partners 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.

Farmland Partners Correlation With Market

Average diversification

The correlation between Farmland Partners and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Farmland Partners and DJI in the same portfolio, assuming nothing else is changed.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Farmland Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

For more detail on how to invest in Farmland Stock please use our How to Invest in Farmland Partners guide.

Moving against Farmland Stock

0.62	RYN	Rayonier	Pair Corr
0.44	AMT	American Tower Corp	Pair Corr
0.4	LXP	LXP Industrial Trust	Pair Corr
0.37	HR	Healthcare Realty Trust	Pair Corr
0.34	OZ	Belpointe PREP LLC	Pair Corr
0.32	VNO-PO	Vornado Realty Trust	Pair Corr

Related Correlations Analysis

	PCH	WY	OUT	GLPI	RYN	LAMR	LAND	CCI
PCH		0.84	-0.14	0.83	0.37	0.02	0.68	0.52	PCH
WY	0.84		0.1	0.65	0.3	0.27	0.5	0.29	WY
OUT	-0.14	0.1		-0.28	-0.42	0.93	0.22	-0.57	OUT
GLPI	0.83	0.65	-0.28		0.73	-0.18	0.53	0.83	GLPI
RYN	0.37	0.3	-0.42	0.73		-0.4	0.11	0.87	RYN
LAMR	0.02	0.27	0.93	-0.18	-0.4		0.31	-0.53	LAMR
LAND	0.68	0.5	0.22	0.53	0.11	0.31		0.18	LAND
CCI	0.52	0.29	-0.57	0.83	0.87	-0.53	0.18		CCI
	PCH	WY	OUT	GLPI	RYN	LAMR	LAND	CCI

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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

LAMR	+ 0.93	OUT
CCI	+ 0.87	RYN
WY	+ 0.84	PCH
GLPI	+ 0.83	PCH
CCI	+ 0.83	GLPI
RYN	+ 0.73	GLPI

High negative correlations

CCI	- 0.57	OUT
CCI	- 0.53	LAMR
RYN	- 0.42	OUT
LAMR	- 0.4	RYN
GLPI	- 0.28	OUT
LAMR	- 0.18	GLPI

Risk-Adjusted Indicators

There is a big difference between Farmland Stock performing well and Farmland Partners 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 Farmland Partners' 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
PCH	1.32	0.14	0.10	0.15	1.50	(1.55)	2.57	(2.16)	6.94
WY	1.27	0.01	0.00	(0.05)	0.00	0.00	2.62	(2.31)	7.33
OUT	1.53	(0.12)	0.00	(0.15)	0.00	0.00	3.33	(3.84)	12.65
GLPI	0.94	0.06	0.07	0.04	1.21	(0.94)	2.28	(1.82)	4.97
RYN	1.10	(0.01)	0.00	(0.10)	0.00	0.00	2.39	(2.34)	4.40
LAMR	1.27	(0.11)	0.00	(0.17)	0.00	0.00	2.20	(3.16)	10.30
LAND	1.38	(0.05)	0.00	(0.18)	0.00	0.00	2.73	(3.82)	10.43
CCI	1.33	0.21	0.15	0.28	1.40	(1.39)	2.68	(2.40)	10.92

Farmland Partners Corporate Management

Thomas Heneghan	Independent Director	Profile
Richard Keck	Vice Operations	Profile
Erica Borenstein	General Counsel, Secretary	Profile
Danny Moore	Independent Director	Profile
Christine JD	General Secretary	Profile

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