Pebblebrook Hotel Correlations
| PEB-PH Preferred Stock | 19.54 0.48 2.52% |
The current 90-days correlation between Pebblebrook Hotel Trust and Pebblebrook Hotel Trust is 0.55 (i.e., Very 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
Good diversification
The correlation between Pebblebrook Hotel Trust and DJI is -0.07 (i.e., Good 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
| 0.63 | INN-PE | Summit Hotel Properties | PairCorr |
| 0.63 | INN-PF | Summit Hotel Properties | PairCorr |
| 0.79 | BHR-PD | Braemar Hotels Resorts | PairCorr |
| 0.65 | BHR-PB | Braemar Hotels Resorts | PairCorr |
| 0.81 | SHO-PI | Sunstone Hotel Investors | PairCorr |
| 0.75 | SHO-PH | Sunstone Hotel Investors | PairCorr |
| 0.66 | RLJ-PA | RLJ Lodging Trust | PairCorr |
| 0.96 | PEB-PF | Pebblebrook Hotel Trust | PairCorr |
| 0.97 | PEB-PG | Pebblebrook Hotel Trust | PairCorr |
| 0.87 | PEB-PE | Pebblebrook Hotel Trust | PairCorr |
| 0.61 | CLDT-PA | Chatham Lodging Trust | PairCorr |
| 0.64 | WY | Weyerhaeuser Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.64 | ADC-PA | Agree Realty | PairCorr |
| 0.87 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.89 | VNO-PM | Vornado Realty Trust | PairCorr |
Moving against Pebblebrook Preferred Stock
| 0.49 | AHT-PF | Ashford Hospitality Trust | PairCorr |
| 0.41 | AHT-PH | Ashford Hospitality Trust | PairCorr |
| 0.39 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.33 | AHT-PI | Ashford Hospitality Trust | PairCorr |
| 0.68 | RC | Ready Capital Corp | PairCorr |
| 0.35 | UK | Ucommune International | PairCorr |
| 0.34 | DOUG | Douglas Elliman | PairCorr |
| 0.32 | FR | First Industrial Realty | PairCorr |
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.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PEB-PG | 0.83 | 0.12 | (0.05) | (0.08) | 1.30 | 1.56 | 6.78 | |||
| SHO-PI | 0.67 | 0.09 | (0.03) | (4.25) | 0.66 | 1.97 | 5.43 | |||
| INN-PE | 0.55 | 0.04 | (0.11) | 1.61 | 0.63 | 1.22 | 3.39 | |||
| INN-PF | 0.77 | 0.07 | (0.06) | 1.67 | 0.68 | 2.17 | 7.07 |
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?
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Pebblebrook Hotel Corporate Executives
Elected by the shareholders, the Pebblebrook Hotel's board of directors comprises two types of representatives: Pebblebrook Hotel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pebblebrook. The board's role is to monitor Pebblebrook Hotel's management team and ensure that shareholders' interests are well served. Pebblebrook Hotel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pebblebrook Hotel's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Raymond Martz | CFO, VP | Profile |