Generationome Properties Correlations

GIPR Stock

USD 1.64 0.01 0.61%

The current 90-days correlation between Generationome Properties and Presidio Property Trust is 0.22 (i.e., Modest diversification). The correlation of Generationome 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.

Generationome Properties Correlation With Market

Modest diversification

The correlation between Generationome Properties and DJI is 0.25 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Generationome Properties and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generationome Properties. 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.

To learn how to invest in Generationome Stock, please use our How to Invest in Generationome Properties guide.

Moving together with Generationome Stock

0.81	CWK	Cushman Wakefield plc	Pair Corr
0.63	FRPH	Frp Holdings Ord	Pair Corr
0.77	FSV	FirstService Corp	Pair Corr
0.82	RMAX	Re Max Holding	Pair Corr
0.75	CIGI	Colliers International	Pair Corr
0.62	PK	Park Hotels Resorts	Pair Corr
0.89	RC	Ready Capital Corp	Pair Corr
0.62	UK	Ucommune International	Pair Corr
0.71	EARN	Ellington Residential	Pair Corr

Moving against Generationome Stock

0.65	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.61	DX	Dynex Capital	Pair Corr
0.6	O	Realty Income	Pair Corr
0.58	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.55	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.53	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.53	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.4	FR	First Industrial Realty	Pair Corr
0.73	CDR-PC	Cedar Realty Trust	Pair Corr
0.64	VICI	VICI Properties	Pair Corr
0.57	ELME	Elme Communities	Pair Corr
0.55	MITT-PC	AG Mortgage Investment	Pair Corr
0.55	CDR-PB	Cedar Realty Trust	Pair Corr
0.53	MITT-PA	AG Mortgage Investment	Pair Corr
0.5	WELL	Welltower	Pair Corr
0.49	NREF-PA	NexPoint Real Estate	Pair Corr
0.46	FBRT	Franklin BSP Realty	Pair Corr
0.45	FCPT	Four Corners Property	Pair Corr

Related Correlations Analysis

	OLP	MDV-PA	RTLPP	AHH	SQFT	MDV	NXDT
OLP		0.22	0.0	-0.11	0.07	0.49	-0.01	OLP
MDV-PA	0.22		0.0	-0.17	0.2	0.17	0.04	MDV-PA
RTLPP	0.0	0.0		0.0	0.0	0.0	0.0	RTLPP
AHH	-0.11	-0.17	0.0		0.72	-0.63	0.92	AHH
SQFT	0.07	0.2	0.0	0.72		-0.56	0.87	SQFT
MDV	0.49	0.17	0.0	-0.63	-0.56		-0.61	MDV
NXDT	-0.01	0.04	0.0	0.92	0.87	-0.61		NXDT
	OLP	MDV-PA	RTLPP	AHH	SQFT	MDV	NXDT

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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

NXDT	+ 0.92	AHH
NXDT	+ 0.87	SQFT
SQFT	+ 0.72	AHH
MDV	+ 0.49	OLP
MDV-PA	+ 0.22	OLP
SQFT	+ 0.2	MDV-PA

High negative correlations

MDV	- 0.63	AHH
NXDT	- 0.61	MDV
MDV	- 0.56	SQFT
AHH	- 0.17	MDV-PA
AHH	- 0.11	OLP
NXDT	- 0.01	OLP

Risk-Adjusted Indicators

There is a big difference between Generationome Stock performing well and Generationome 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 Generationome 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
OLP	1.11	(0.05)	0.00	(0.07)	0.00	0.00	1.96	(2.80)	6.25
MDV-PA	0.51	(0.01)	(0.01)	0.62	0.63	(0.58)	1.19	(1.25)	2.91
RTLPP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AHH	1.34	(0.46)	0.00	(0.53)	0.00	0.00	2.09	(2.52)	14.92
SQFT	2.66	(0.38)	0.00	(1.95)	0.00	0.00	5.17	(5.97)	25.59
MDV	1.49	0.12	0.06	0.14	1.74	(1.69)	3.14	(2.83)	11.04
NXDT	1.87	(0.74)	0.00	(0.50)	0.00	0.00	3.13	(4.18)	14.98

Generationome Properties Corporate Management

Cerontie Cook	VP Accounting	Profile
Allison Davies	Treasurer, CFO	Profile
Noah Shaffer	Director Management	Profile
David Sobelman	CEO, Chairman	Profile
Angel Gonzalez	Corporate Controller	Profile
Beth Sedgwick	Corporate Controller	Profile

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