Inventrust Properties Correlations

IVT Stock

USD 29.31 0.08 0.27%

The current 90-days correlation between Inventrust Properties and Rithm Property Trust is 0.2 (i.e., Modest diversification). The correlation of Inventrust 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.

Inventrust Properties Correlation With Market

Very weak diversification

The correlation between Inventrust Properties Corp and DJI is 0.43 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inventrust Properties Corp 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 Inventrust Properties Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Moving together with Inventrust Stock

0.74	UE	Urban Edge Properties	Pair Corr
0.66	EQIX	Equinix	Pair Corr
0.82	AKR	Acadia Realty Trust	Pair Corr
0.64	CUZ	Cousins Properties	Pair Corr

Moving against Inventrust Stock

0.37	CCI	Crown Castle	Pair Corr
0.31	AMT	American Tower Corp	Pair Corr
0.31	NTST	Netstreit Corp	Pair Corr

Related Correlations Analysis

	RPT	UE	KRG	AKR	SITC	BFS	PINE	FCPT
RPT		-0.08	-0.42	0.02	-0.4	-0.22	-0.09	0.72	RPT
UE	-0.08		0.83	0.96	0.76	0.81	0.15	-0.31	UE
KRG	-0.42	0.83		0.72	0.68	0.85	0.18	-0.5	KRG
AKR	0.02	0.96	0.72		0.75	0.73	0.14	-0.25	AKR
SITC	-0.4	0.76	0.68	0.75		0.53	0.26	-0.57	SITC
BFS	-0.22	0.81	0.85	0.73	0.53		0.25	-0.3	BFS
PINE	-0.09	0.15	0.18	0.14	0.26	0.25		0.0	PINE
FCPT	0.72	-0.31	-0.5	-0.25	-0.57	-0.3	0.0		FCPT
	RPT	UE	KRG	AKR	SITC	BFS	PINE	FCPT

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

AKR	+ 0.96	UE
BFS	+ 0.85	KRG
KRG	+ 0.83	UE
BFS	+ 0.81	UE
SITC	+ 0.76	UE
SITC	+ 0.75	AKR

High negative correlations

FCPT	- 0.57	SITC
FCPT	- 0.5	KRG
KRG	- 0.42	RPT
SITC	- 0.4	RPT
FCPT	- 0.31	UE
FCPT	- 0.3	BFS

Risk-Adjusted Indicators

There is a big difference between Inventrust Stock performing well and Inventrust 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 Inventrust 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
RPT	1.85	0.08	0.04	0.08	1.89	(2.36)	4.43	(3.57)	11.82
UE	1.25	(0.23)	0.00	(0.24)	0.00	0.00	2.08	(2.73)	7.21
KRG	1.36	(0.20)	0.00	(0.19)	0.00	0.00	2.56	(3.16)	6.49
AKR	1.33	(0.24)	0.00	(0.24)	0.00	0.00	2.14	(2.97)	7.30
SITC	1.20	(0.26)	0.00	(0.31)	0.00	0.00	2.65	(2.91)	8.55
BFS	0.97	(0.17)	0.00	(0.30)	0.00	0.00	1.46	(2.42)	4.29
PINE	0.97	(0.06)	0.00	(0.14)	0.00	0.00	2.41	(1.76)	9.56
FCPT	1.06	0.03	0.02	0.05	1.33	(1.04)	1.98	(2.29)	5.28

Inventrust Properties Corporate Management

Michael Stein	Independent Director	Profile
Thomas Glavin	Independent Director	Profile
Lauren Suva	Executive Officer	Profile
David Bryson	Senior Vice President Chief Accounting Officer	Profile
Michael CPA	CFO VP	Profile
Amanda Black	Independent Director	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC