Pebblebrook Hotel Correlations

Preferred Stocks . USA . 
Preferred Stock . Pebblebrook Hotel Trust
PEB-PF Preferred Stock  USD 18.75  0.05  0.27%   
The current 90-days correlation between Pebblebrook Hotel Trust and Braemar Hotels Resorts is 0.15 (i.e., Average diversification). The correlation of Pebblebrook Hotel 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.

Pebblebrook Hotel Correlation With Market

Modest diversification

The correlation between Pebblebrook Hotel Trust and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pebblebrook Hotel Trust and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Pebblebrook Hotel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pebblebrook Hotel 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 Pebblebrook Hotel - 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 Pebblebrook Hotel Trust to buy it.

Moving together with Pebblebrook Preferred Stock

  0.73INN-PE Summit Hotel PropertiesPairCorr
  0.68INN-PF Summit Hotel PropertiesPairCorr
  0.91SHO-PI Sunstone Hotel InvestorsPairCorr
  0.75SHO-PH Sunstone Hotel InvestorsPairCorr
  0.83PEB-PH Pebblebrook Hotel TrustPairCorr
  0.94PEB-PG Pebblebrook Hotel TrustPairCorr
  0.99PEB-PE Pebblebrook Hotel TrustPairCorr
  0.84PK Park Hotels ResortsPairCorr
  0.62PW Power REIT Earnings Call TodayPairCorr
  0.62RC Ready Capital CorpPairCorr

Moving against Pebblebrook Preferred Stock

  0.9AHT-PD Ashford Hospitality TrustPairCorr
  0.9AHT-PG Ashford Hospitality TrustPairCorr
  0.89AHT-PF Ashford Hospitality TrustPairCorr
  0.88AHT-PI Ashford Hospitality TrustPairCorr
  0.87DX Dynex CapitalPairCorr
  0.86AHT-PH Ashford Hospitality TrustPairCorr
  0.81FR First Industrial RealtyPairCorr
  0.8BHR-PD Braemar Hotels ResortsPairCorr
  0.8O Realty IncomePairCorr
  0.44RLJ-PA RLJ Lodging TrustPairCorr
  0.36BHR-PB Braemar Hotels ResortsPairCorr
  0.84ELME Elme CommunitiesPairCorr
  0.8VICI VICI PropertiesPairCorr
  0.79MITT-PC AG Mortgage InvestmentPairCorr
  0.77MITT-PA AG Mortgage InvestmentPairCorr
  0.74MITT-PB AG Mortgage InvestmentPairCorr
  0.53DOUG Douglas EllimanPairCorr
  0.48WY WeyerhaeuserPairCorr
  0.36VNO-PL Vornado Realty TrustPairCorr
  0.31EPRT Essential PropertiesPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Pebblebrook Preferred Stock performing well and Pebblebrook Hotel 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 Pebblebrook Hotel'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Pebblebrook Hotel 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.

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Pebblebrook Hotel Corporate Management

Raymond MartzCFO, VPProfile
Thomas FisherEx OfficerProfile
Jon CPAPres ChairmanProfile
Gabrielle GordonDirector FinProfile
Andrew DittamoVP ControllerProfile
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