Pebblebrook Hotel Correlations
| PEB-PF Preferred Stock | USD 18.70 0.05 0.27% |
The current 90-days correlation between Pebblebrook Hotel Trust and Braemar Hotels Resorts is 0.3 (i.e., Weak 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 0.25 (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.
Pebblebrook |
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
| 0.77 | INN-PF | Summit Hotel Properties | PairCorr |
| 0.68 | SHO-PI | Sunstone Hotel Investors Earnings Call This Week | PairCorr |
| 0.84 | SHO-PH | Sunstone Hotel Investors Earnings Call This Week | PairCorr |
| 0.79 | PEB-PH | Pebblebrook Hotel Trust Earnings Call This Week | PairCorr |
| 0.95 | PEB-PG | Pebblebrook Hotel Trust Earnings Call This Week | PairCorr |
| 0.99 | PEB-PE | Pebblebrook Hotel Trust Earnings Call This Week | PairCorr |
| 0.89 | CLDT-PA | Chatham Lodging Trust | PairCorr |
| 0.64 | O | Realty Income | PairCorr |
| 0.87 | HR | Healthcare Realty Trust | PairCorr |
| 0.95 | KW | Kennedy Wilson Holdings Earnings Call This Week | PairCorr |
| 0.8 | PK | Park Hotels Resorts | PairCorr |
| 0.74 | RC | Ready Capital Corp | PairCorr |
| 0.88 | UE | Urban Edge Properties | PairCorr |
| 0.92 | ADC-PA | Agree Realty | PairCorr |
| 0.71 | VNO-PO | Vornado Realty Trust | PairCorr |
| 0.71 | VICI | VICI Properties Earnings Call This Week | PairCorr |
Moving against Pebblebrook Preferred Stock
| 0.69 | DX | Dynex Capital | PairCorr |
| 0.63 | RLJ-PA | RLJ Lodging Trust Earnings Call This Week | PairCorr |
| 0.6 | AHT-PD | Ashford Hospitality Trust | PairCorr |
| 0.78 | MITT-PC | AG Mortgage Investment Earnings Call This Week | PairCorr |
| 0.37 | VTMX | Corporacin Inmobiliaria Earnings Call This Week | PairCorr |
| 0.31 | MITT-PA | AG Mortgage Investment Earnings Call This Week | PairCorr |
Related Correlations Analysis
| 0.71 | 0.76 | 0.59 | 0.76 | BHR-PD | ||
| 0.71 | 0.87 | 0.45 | 0.88 | AHT-PH | ||
| 0.76 | 0.87 | 0.54 | 0.91 | AHT-PI | ||
| 0.59 | 0.45 | 0.54 | 0.57 | BHR-PB | ||
| 0.76 | 0.88 | 0.91 | 0.57 | AHT-PG | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BHR-PD | 1.20 | 0.06 | 0.03 | 0.20 | 1.84 | 2.10 | 12.13 | |||
| AHT-PH | 2.18 | 0.14 | 0.03 | 1.32 | 3.24 | 5.60 | 18.50 | |||
| AHT-PI | 1.88 | 0.17 | 0.04 | 0.51 | 3.25 | 4.53 | 20.73 | |||
| BHR-PB | 1.28 | (0.08) | 0.00 | 2.15 | 0.00 | 2.45 | 6.78 | |||
| AHT-PG | 1.66 | 0.10 | 0.04 | 0.25 | 2.41 | 3.76 | 13.51 |
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.Did you try this?
Run Economic Indicators Now
Economic IndicatorsTop statistical indicators that provide insights into how an economy is performing |
| All Next | Launch Module |
Pebblebrook Hotel Corporate Management
| Raymond Martz | CFO, VP | Profile | |
| Thomas Fisher | Ex Officer | Profile | |
| Jon CPA | Pres Chairman | Profile | |
| Gabrielle Gordon | Director Fin | Profile | |
| Andrew Dittamo | VP Controller | Profile |