Retail Opportunity Correlations

Summary

ROICDelisted Stock

USD 17.49 0.00 0.00%

The current 90-days correlation between Retail Opportunity and Kite Realty Group is -0.15 (i.e., Good diversification). The correlation of Retail Opportunity 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.

Retail Opportunity Correlation With Market

Good diversification

The correlation between Retail Opportunity Investments and DJI is -0.09 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Retail Opportunity Investments and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Moving together with Retail Stock

0.89	VWAPY	Volkswagen AG Pref	Pair Corr
0.9	VLKAF	Volkswagen AG	Pair Corr
0.9	VWAGY	Volkswagen AG 110	Pair Corr
0.86	VLKPF	Volkswagen AG VZO	Pair Corr
0.74	XOM	Exxon Mobil Corp Earnings Call This Week	Pair Corr
0.88	KO	Coca Cola Aggressive Push	Pair Corr
0.79	TRV	The Travelers Companies	Pair Corr
0.78	MCD	McDonalds	Pair Corr
0.88	VZ	Verizon Communications Aggressive Push	Pair Corr
0.64	INTC	Intel	Pair Corr

Moving against Retail Stock

0.83	MSFT	Microsoft	Pair Corr
0.81	OPINL	Office Properties Income	Pair Corr
0.74	AA	Alcoa Corp	Pair Corr
0.7	DIS	Walt Disney	Pair Corr
0.69	AMZN	Amazon Inc Aggressive Push	Pair Corr
0.69	HNHPF	Hon Hai Precision	Pair Corr
0.69	HPQ	HP Inc Sell-off Trend	Pair Corr
0.65	AXP	American Express	Pair Corr
0.63	CAT	Caterpillar	Pair Corr
0.58	HD	Home Depot	Pair Corr
0.57	MRK	Merck Company	Pair Corr
0.49	ACN	Accenture plc	Pair Corr

Related Correlations Analysis

	KRG	RPT	UBA	UE	AKR
KRG		-0.37	0.0	0.8	0.68	KRG
RPT	-0.37		0.0	0.02	0.12	RPT
UBA	0.0	0.0		0.0	0.0	UBA
UE	0.8	0.02	0.0		0.96	UE
AKR	0.68	0.12	0.0	0.96		AKR
	KRG	RPT	UBA	UE	AKR

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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

AKR	+ 0.96	UE
UE	+ 0.8	KRG
AKR	+ 0.68	KRG
AKR	+ 0.12	RPT
UE	+ 0.02	RPT
UBA	+ 0.0	KRG

High negative correlations

RPT	- 0.37	KRG
AKR	- 0.0	UBA
UE	- 0.0	UBA
UBA	- 0.0	RPT
UBA	- 0.0	KRG

Risk-Adjusted Indicators

There is a big difference between Retail Stock performing well and Retail Opportunity 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 Retail Opportunity'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
KRG	1.29	(0.07)	0.00	(0.09)	0.00	0.00	2.56	(3.01)	6.49
RPT	1.82	0.12	0.06	0.08	1.80	(2.41)	4.43	(3.57)	11.82
UBA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
UE	1.21	(0.14)	0.00	(0.17)	0.00	0.00	2.08	(2.70)	7.21
AKR	1.28	(0.15)	0.00	(0.17)	0.00	0.00	2.14	(2.78)	7.30

Retail Opportunity Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Retail Opportunity stock to make a market-neutral strategy. Peer analysis of Retail Opportunity could also be used in its relative valuation, which is a method of valuing Retail Opportunity by comparing valuation metrics with similar companies.

Kite Realty Group Rithm Property Trust Urstadt Biddle Properties Urban Edge Properties Acadia Realty Trust American Airlines Group Alcoa Corp Apple Inc Best Buy Co Citigroup SentinelOne CVS Health Corp Chevron Corp Home Depot International Business Machines

Risk & Return

Correlation

Retail Opportunity Corporate Management

Lauren Silveira	VP Officer	Profile
Laurie CPA	VP CAO	Profile
Ashley Rubino	Investor Officer	Profile
Carol Merriman	Investor Officer	Profile

Still Interested in Retail Opportunity Investments?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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