Sotherly Hotels Correlations

SOHOB Stock

USD 16.93 0.30 1.74%

The current 90-days correlation between Sotherly Hotels Series and Chatham Lodging Trust is 0.11 (i.e., Average diversification). The correlation of Sotherly Hotels 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.

Sotherly Hotels Correlation With Market

Good diversification

The correlation between Sotherly Hotels Series and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sotherly Hotels Series and DJI in the same portfolio, assuming nothing else is changed.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sotherly Hotels Series. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

For information on how to trade Sotherly Stock refer to our How to Trade Sotherly Stock guide.

Moving against Sotherly Stock

0.77	OZ	Belpointe PREP LLC	Pair Corr
0.74	IRT	Independence Realty Trust	Pair Corr
0.72	PK	Park Hotels Resorts	Pair Corr
0.66	EQIX	Equinix	Pair Corr
0.64	KRG	Kite Realty Group	Pair Corr
0.62	SPG	Simon Property Group	Pair Corr
0.59	DX	Dynex Capital Sell-off Trend	Pair Corr
0.58	RHP	Ryman Hospitality	Pair Corr
0.46	FSP	Franklin Street Prop	Pair Corr
0.44	GTY	Getty Realty	Pair Corr
0.43	KW	Kennedy Wilson Holdings	Pair Corr
0.41	UE	Urban Edge Properties	Pair Corr
0.39	HR	Healthcare Realty Trust	Pair Corr
0.37	RC	Ready Capital Corp	Pair Corr
0.35	INN	Summit Hotel Properties	Pair Corr
0.61	MITT-PC	AG Mortgage Investment	Pair Corr
0.55	DOUG	Douglas Elliman	Pair Corr
0.42	CDR-PB	Cedar Realty Trust	Pair Corr
0.31	FCPT	Four Corners Property	Pair Corr

Related Correlations Analysis

	RLJ	DRH	CLDT	HT	XHR	HST	PK	SHO	RHP
RLJ		0.91	0.97	0.29	0.89	0.85	0.93	0.84	0.82	RLJ
DRH	0.91		0.91	0.11	0.96	0.88	0.87	0.88	0.88	DRH
CLDT	0.97	0.91		0.22	0.88	0.85	0.9	0.82	0.78	CLDT
HT	0.29	0.11	0.22		0.1	0.31	0.32	0.34	0.04	HT
XHR	0.89	0.96	0.88	0.1		0.88	0.88	0.85	0.91	XHR
HST	0.85	0.88	0.85	0.31	0.88		0.9	0.87	0.74	HST
PK	0.93	0.87	0.9	0.32	0.88	0.9		0.8	0.81	PK
SHO	0.84	0.88	0.82	0.34	0.85	0.87	0.8		0.67	SHO
RHP	0.82	0.88	0.78	0.04	0.91	0.74	0.81	0.67		RHP
	RLJ	DRH	CLDT	HT	XHR	HST	PK	SHO	RHP

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Risk-Adjusted Indicators

There is a big difference between Sotherly Stock performing well and Sotherly Hotels 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 Sotherly Hotels' 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
RLJ	1.19	0.14	0.12	0.21	1.06	(1.43)	4.27	(1.91)	9.84
DRH	1.15	0.08	0.09	0.15	1.13	(1.26)	3.76	(2.13)	9.19
CLDT	1.46	0.13	0.13	0.17	1.16	(1.99)	3.37	(1.97)	11.57
HT	1.39	(0.06)	0.00	0.32	0.00	0.00	3.28	(2.58)	9.17
XHR	1.38	0.13	0.14	0.17	1.10	(1.79)	3.91	(2.51)	10.21
HST	0.89	0.04	0.03	0.14	1.07	(0.91)	2.01	(2.13)	6.68
PK	1.29	0.06	0.07	0.13	1.24	(1.47)	2.99	(2.22)	10.98
SHO	1.21	0.21	0.16	0.26	1.00	(1.46)	3.75	(2.42)	10.20
RHP	1.01	0.08	0.09	0.16	0.82	(1.18)	1.94	(1.74)	7.06

Sotherly Hotels Corporate Management

Anthony CPA	Secretary VP	Profile
Ashley Kirkland	Corporate Officer	Profile
Lindsay Newport	VP Marketing	Profile
David CPA	Corporate Controller	Profile
Teresa Moran	Accounting Manager	Profile
Scott Kucinski	IR Contact Officer	Profile

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