One Liberty Correlations
OLP Stock | USD 30.15 0.64 2.17% |
The current 90-days correlation between One Liberty Properties and Armada Hflr Pr is 0.45 (i.e., Very weak diversification). The correlation of One Liberty 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.
One Liberty Correlation With Market
Very weak diversification
The correlation between One Liberty Properties and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Liberty Properties and DJI in the same portfolio, assuming nothing else is changed.
One |
Moving together with One Stock
0.8 | EQIX | Equinix | PairCorr |
0.89 | KRG | Kite Realty Group | PairCorr |
0.75 | SLG | SL Green Realty Fiscal Year End 22nd of January 2025 | PairCorr |
0.77 | SPG | Simon Property Group | PairCorr |
0.65 | SBRA | Sabra Healthcare REIT | PairCorr |
0.65 | DX | Dynex Capital | PairCorr |
0.64 | KW | Kennedy Wilson Holdings | PairCorr |
0.71 | OZ | Belpointe PREP LLC | PairCorr |
0.83 | UE | Urban Edge Properties | PairCorr |
Moving against One Stock
0.68 | OPI | Office Properties Income | PairCorr |
0.58 | O | Realty Income | PairCorr |
0.56 | HPP | Hudson Pacific Properties | PairCorr |
0.5 | HASI | Hannon Armstrong Sus | PairCorr |
0.45 | LXP | LXP Industrial Trust | PairCorr |
0.45 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.45 | AHT-PI | Ashford Hospitality Trust | PairCorr |
0.45 | AHT-PF | Ashford Hospitality Trust | PairCorr |
0.43 | UK | Ucommune International | PairCorr |
0.42 | FR | First Industrial Realty | PairCorr |
0.39 | EGP | EastGroup Properties | PairCorr |
0.33 | JBGS | JBG SMITH Properties | PairCorr |
0.5 | AHT-PG | Ashford Hospitality Trust | PairCorr |
0.46 | VTMX | Corporacin Inmobiliaria | PairCorr |
0.38 | VICI | VICI Properties | PairCorr |
0.32 | ADC-PA | Agree Realty | PairCorr |
Related Correlations Analysis
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between One Stock performing well and One Liberty 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 One Liberty'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
GIPR | 1.90 | (0.54) | 0.00 | (0.58) | 0.00 | 4.02 | 12.13 | |||
MDV-PA | 0.35 | 0.05 | (0.12) | 0.98 | 0.33 | 1.01 | 2.77 | |||
RTLPP | 0.83 | 0.04 | (0.04) | 0.26 | 1.06 | 2.31 | 5.71 | |||
AHH | 0.96 | (0.16) | 0.00 | (0.40) | 0.00 | 1.49 | 10.29 | |||
NXDT-PA | 0.62 | 0.18 | 0.08 | 3.10 | 0.55 | 1.53 | 3.49 | |||
MDV | 1.40 | (0.07) | (0.07) | (0.01) | 1.80 | 2.71 | 9.52 | |||
GOODN | 0.55 | 0.07 | (0.04) | 0.53 | 0.44 | 1.42 | 3.94 | |||
MDRR | 1.20 | (0.02) | 0.00 | 0.30 | 0.00 | 3.26 | 8.46 | |||
BNL | 0.75 | (0.11) | 0.00 | (0.17) | 0.00 | 1.46 | 5.03 |