Pebblebrook Hotel Correlations

Stocks . USA . 
Stock . Pebblebrook Hotel Trust
PEB Stock  USD 10.50  0.23  2.24%   
The current 90-days correlation between Pebblebrook Hotel Trust and RLJ Lodging Trust is 0.81 (i.e., Very poor 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

Very weak diversification

The correlation between Pebblebrook Hotel Trust 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 Pebblebrook Hotel Trust and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pebblebrook Hotel Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Moving together with Pebblebrook Stock

  0.73UE Urban Edge PropertiesPairCorr
  0.77EQIX EquinixPairCorr
  0.84ESBA Empire State RealtyPairCorr
  0.86FISK Empire State RealtyPairCorr
  0.68AKR Acadia Realty TrustPairCorr
  0.92BDN Brandywine Realty TrustPairCorr
  0.62BFS Saul CentersPairCorr
  0.82BXP Boston PropertiesPairCorr
  0.8DEI Douglas EmmettPairCorr
  0.87DLR Digital Realty TrustPairCorr
  0.66EQC Equity CommonwealthPairCorr
  0.9INN Summit Hotel PropertiesPairCorr
  0.87IRM Iron MountainPairCorr
  0.86KRC Kilroy Realty CorpPairCorr
  0.78KRG Kite Realty GroupPairCorr
  0.74LPA Logistic PropertiesPairCorr
  0.88PDM Piedmont Office RealtyPairCorr
  0.86SLG SL Green RealtyPairCorr
  0.78PGRE Paramount GroupPairCorr
  0.83CRESY Cresud SACIF yPairCorr

Moving against Pebblebrook Stock

  0.87MPW Medical Properties Trust Aggressive PushPairCorr
  0.82AMT American Tower CorpPairCorr
  0.73CCI Crown CastlePairCorr
  0.65BNL Broadstone Net LeasePairCorr
  0.32AIV Apartment Investment andPairCorr
  0.87DX Dynex Capital Sell-off TrendPairCorr
  0.84AHT-PD Ashford Hospitality TrustPairCorr
  0.78SBAC SBA Communications CorpPairCorr
  0.77AHT-PG Ashford Hospitality TrustPairCorr
  0.75HASI Hannon Armstrong SusPairCorr
  0.74AHT-PI Ashford Hospitality TrustPairCorr
  0.73GLPI Gaming Leisure PropertiesPairCorr
  0.73AHT-PF Ashford Hospitality TrustPairCorr
  0.72PSTL Postal Realty TrustPairCorr
  0.72O Realty IncomePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Pebblebrook 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.

Pebblebrook Hotel Corporate Management

Cydney DonnellIndependent TrusteeProfile
Phillip MillerLead Independent TrusteeProfile
Bonny SimiIndeoendent TrusteeProfile
Jon CPAPres ChairmanProfile
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