Kilroy Realty Correlations

KRC Stock

USD 34.37 0.19 0.55%

The current 90-days correlation between Kilroy Realty Corp and Hudson Pacific Properties is 0.75 (i.e., Poor diversification). The correlation of Kilroy Realty 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.

Kilroy Realty Correlation With Market

Very weak diversification

The correlation between Kilroy Realty Corp and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Kilroy Realty Corp and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kilroy Realty 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 metropolitan statistical area.

Moving together with Kilroy Stock

0.77	CIO	City Office	Pair Corr
0.89	DEI	Douglas Emmett	Pair Corr
0.62	EQC	Equity Commonwealth	Pair Corr
0.69	HIW	Highwoods Properties	Pair Corr
0.86	IRM	Iron Mountain	Pair Corr
0.95	PDM	Piedmont Office Realty	Pair Corr
0.76	CMCT	Creative Media Community Earnings Call This Week	Pair Corr
0.89	PK	Park Hotels Resorts	Pair Corr
0.61	PW	Power REIT Earnings Call This Week	Pair Corr
0.7	RC	Ready Capital Corp	Pair Corr
0.73	UE	Urban Edge Properties	Pair Corr

Moving against Kilroy Stock

0.88	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.84	DX	Dynex Capital	Pair Corr
0.83	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.83	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.83	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.81	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.74	O	Realty Income	Pair Corr
0.73	FR	First Industrial Realty	Pair Corr
0.37	WY	Weyerhaeuser	Pair Corr
0.82	WELL	Welltower	Pair Corr
0.79	CDR-PC	Cedar Realty Trust	Pair Corr
0.76	MITT-PC	AG Mortgage Investment	Pair Corr
0.75	MITT-PA	AG Mortgage Investment	Pair Corr
0.74	ELME	Elme Communities	Pair Corr
0.72	FBRT	Franklin BSP Realty	Pair Corr
0.71	VICI	VICI Properties	Pair Corr
0.71	MITT-PB	AG Mortgage Investment	Pair Corr
0.7	CDR-PB	Cedar Realty Trust	Pair Corr
0.6	NREF-PA	NexPoint Real Estate	Pair Corr
0.51	FCPT	Four Corners Property	Pair Corr
0.35	DOUG	Douglas Elliman	Pair Corr

Related Correlations Analysis

	HPP	OFC	HIW	CUZ	PDM	DEI	BDN	CIO	EQC
HPP		0.0	0.34	0.66	0.1	0.29	0.26	0.29	-0.11	HPP
OFC	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	OFC
HIW	0.34	0.0		0.5	0.58	0.75	0.65	0.71	0.32	HIW
CUZ	0.66	0.0	0.5		0.49	0.54	0.61	0.46	0.47	CUZ
PDM	0.1	0.0	0.58	0.49		0.85	0.91	0.72	0.61	PDM
DEI	0.29	0.0	0.75	0.54	0.85		0.89	0.83	0.54	DEI
BDN	0.26	0.0	0.65	0.61	0.91	0.89		0.74	0.67	BDN
CIO	0.29	0.0	0.71	0.46	0.72	0.83	0.74		0.4	CIO
EQC	-0.11	0.0	0.32	0.47	0.61	0.54	0.67	0.4		EQC
	HPP	OFC	HIW	CUZ	PDM	DEI	BDN	CIO	EQC

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

BDN	+ 0.91	PDM
BDN	+ 0.89	DEI
DEI	+ 0.85	PDM
CIO	+ 0.83	DEI
DEI	+ 0.75	HIW
CIO	+ 0.74	BDN

High negative correlations

EQC	- 0.11	HPP
EQC	- 0.0	OFC
CIO	- 0.0	OFC
BDN	- 0.0	OFC
DEI	- 0.0	OFC
PDM	- 0.0	OFC

Risk-Adjusted Indicators

There is a big difference between Kilroy Stock performing well and Kilroy Realty 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 Kilroy Realty'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	Treynor Ratio	Potential Upside	Value @Risk	Maximum Drawdown
HPP	3.59	0.08	(0.03)	8.01	(6.06)	21.47
OFC	0.00	0.00	0.00	0.00	0.00	0.00
HIW	1.32	(0.03)	(0.10)	2.75	(2.84)	7.07
CUZ	1.36	0.03	(0.04)	2.21	(3.17)	7.26
PDM	1.68	(0.28)	(0.36)	2.91	(3.74)	12.31
DEI	1.89	(0.23)	(0.27)	3.28	(4.39)	10.12
BDN	1.66	(0.25)	(0.32)	2.64	(4.27)	10.62
CIO	1.57	(0.12)	(0.19)	3.57	(3.73)	9.02
EQC	1.26	(0.05)	(0.17)	2.38	(2.33)	9.98

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