Gladstone Commercial Correlations
| GOODN Preferred Stock | USD 24.17 0.28 1.17% |
The current 90-days correlation between Gladstone Commercial Corp and Gladstone Commercial Corp is 0.24 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gladstone Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gladstone Commercial Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Gladstone Commercial Correlation With Market
Average diversification
The correlation between Gladstone Commercial Corp and DJI is 0.18 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gladstone Commercial Corp and DJI in the same portfolio, assuming nothing else is changed.
Gladstone |
The ability to find closely correlated positions to Gladstone Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gladstone Commercial 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 Gladstone Commercial - 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 Gladstone Commercial Corp to buy it.
Moving together with Gladstone Preferred Stock
| 0.78 | AAT | American Assets Trust | PairCorr |
| 0.7 | CTO | CTO Realty Growth | PairCorr |
| 0.63 | CTO-PA | CTO Realty Growth | PairCorr |
| 0.67 | MDV-PA | Modiv Inc | PairCorr |
| 0.77 | NXDT-PA | NexPoint Diversified Real | PairCorr |
| 0.93 | GOODO | Gladstone Commercial Corp Potential Growth | PairCorr |
| 0.74 | GNL-PA | Global Net Lease | PairCorr |
| 0.88 | UE | Urban Edge Properties | PairCorr |
Moving against Gladstone Preferred Stock
| 0.71 | GNL | Global Net Lease, | PairCorr |
| 0.69 | GIPR | Generationome Properties | PairCorr |
| 0.66 | VICI | VICI Properties | PairCorr |
| 0.56 | NXDT | NexPoint Strategic | PairCorr |
| 0.49 | AHH | Armada Hflr Pr | PairCorr |
| 0.79 | SAFE | Safehold | PairCorr |
| 0.75 | FR | First Industrial Realty | PairCorr |
| 0.57 | SQFTP | Presidio Property Trust | PairCorr |
| 0.56 | O | Realty Income | PairCorr |
| 0.8 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.75 | AHT-PH | Ashford Hospitality Trust | PairCorr |
Related Correlations Analysis
| 0.84 | 0.87 | 0.76 | -0.17 | GOODO | ||
| 0.84 | 0.94 | 0.83 | -0.05 | AGNCP | ||
| 0.87 | 0.94 | 0.92 | -0.02 | AGNCO | ||
| 0.76 | 0.83 | 0.92 | 0.01 | AGNCM | ||
| -0.17 | -0.05 | -0.02 | 0.01 | GNL-PB | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gladstone Preferred Stock performing well and Gladstone Commercial 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 Gladstone Commercial'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GOODO | 0.44 | 0.05 | (0.14) | 2.79 | 0.38 | 0.73 | 3.49 | |||
| AGNCP | 0.26 | 0.05 | (0.16) | (5.29) | 0.19 | 0.77 | 2.11 | |||
| AGNCO | 0.18 | 0.00 | (0.30) | 0.00 | 0.00 | 0.48 | 1.52 | |||
| AGNCM | 0.23 | 0.02 | (0.31) | 1.34 | 0.18 | 0.57 | 1.74 | |||
| GNL-PB | 0.98 | 0.04 | (0.02) | 0.20 | 1.21 | 2.40 | 6.87 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Gladstone Commercial 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.Did you try this?
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Gladstone Commercial Corporate Management
| Gary Gerson | CFO Treasurer | Profile | |
| Jay Beckhorn | Treasurer | Profile | |
| CPA Dellafiora | Chief Officer | Profile | |
| EJ Wislar | Chief Regions | Profile | |
| Karin McLaughlin | Investor Specialist | Profile | |
| Ryan Carter | Ex Region | Profile |