Office Properties Correlations
OPINL Stock | USD 9.29 0.12 1.28% |
The current 90-days correlation between Office Properties Income and United States Cellular is 0.15 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Office Properties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Office Properties Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Office Properties Correlation With Market
Good diversification
The correlation between Office Properties Income and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Office Properties Income and DJI in the same portfolio, assuming nothing else is changed.
Office |
Moving together with Office Stock
0.63 | Z | Zillow Group Class | PairCorr |
0.83 | PK | Park Hotels Resorts | PairCorr |
0.62 | UE | Urban Edge Properties | PairCorr |
0.75 | EQIX | Equinix | PairCorr |
0.73 | ESBA | Empire State Realty | PairCorr |
0.82 | ESRT | Empire State Realty | PairCorr |
0.67 | WHLR | Wheeler Real Estate | PairCorr |
0.83 | FISK | Empire State Realty | PairCorr |
0.73 | AAT | American Assets Trust | PairCorr |
0.83 | AHH | Armada Hflr Pr | PairCorr |
0.64 | AKR | Acadia Realty Trust | PairCorr |
0.79 | BDN | Brandywine Realty Trust | PairCorr |
0.73 | BXP | Boston Properties | PairCorr |
0.81 | CDP | COPT Defense Properties | PairCorr |
Moving against Office Stock
0.86 | VICI | VICI Properties | PairCorr |
0.85 | ELME | Elme Communities | PairCorr |
0.79 | O | Realty Income | PairCorr |
0.67 | WELL | Welltower | PairCorr |
0.59 | FR | First Industrial Realty | PairCorr |
0.45 | HR | Healthcare Realty Trust | PairCorr |
0.42 | EPRT | Essential Properties | PairCorr |
0.9 | ALX | Alexanders | PairCorr |
0.87 | AMT | American Tower Corp | PairCorr |
0.75 | ADC | Agree Realty | PairCorr |
0.61 | FCPT | Four Corners Property | PairCorr |
0.5 | AHR | American Healthcare REIT, | PairCorr |
0.31 | ARE | Alexandria Real Estate | PairCorr |
0.89 | BNL | Broadstone Net Lease | PairCorr |
0.79 | CCI | Crown Castle | PairCorr |
0.7 | CPT | Camden Property Trust | PairCorr |
0.58 | BRT | BRT Realty Trust | PairCorr |
0.48 | DOC | Healthpeak Properties | PairCorr |
0.45 | DHC | Diversified Healthcare | PairCorr |
Related Correlations Analysis
0.53 | -0.34 | 0.66 | 0.43 | UZD | ||
0.53 | -0.11 | 0.38 | -0.06 | UZE | ||
-0.34 | -0.11 | 0.06 | 0.13 | SREA | ||
0.66 | 0.38 | 0.06 | 0.44 | HWCPZ | ||
0.43 | -0.06 | 0.13 | 0.44 | DHCNL | ||
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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 Office Stock performing well and Office 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 Office 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 | ||
---|---|---|---|---|---|---|---|---|---|---|
UZD | 0.40 | 0.08 | 0.15 | 0.37 | 0.40 | 0.78 | 3.33 | |||
UZE | 0.50 | 0.02 | 0.04 | 0.11 | 0.55 | 1.29 | 3.17 | |||
SREA | 0.65 | (0.09) | 0.00 | (0.37) | 0.00 | 1.62 | 5.15 | |||
HWCPZ | 0.66 | (0.01) | (0.01) | (0.02) | 1.00 | 1.53 | 6.12 | |||
DHCNL | 0.97 | (0.03) | 0.00 | (0.11) | 0.00 | 1.80 | 5.95 |
Office Properties Corporate Management
Matthew Brown | CFO Treasurer | Profile | |
Christopher Bilotto | VP COO | Profile | |
Jennifer Clark | Secretary Trustee | Profile | |
David Blackman | CEO Pres | Profile |