Presidio Property Correlations

SQFT Stock

USD 0.60 0 0.17%

The current 90-days correlation between Presidio Property Trust and Investcorp Credit Management is 0.08 (i.e., Significant diversification). The correlation of Presidio Property 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Presidio Property Correlation With Market

Average diversification

The correlation between Presidio Property Trust and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Presidio Property Trust 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 Presidio Property 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 census.

Moving together with Presidio Stock

0.61	CWK	Cushman Wakefield plc	Pair Corr
0.7	FSV	FirstService Corp	Pair Corr
0.79	RMAX	Re Max Holding	Pair Corr
0.66	KW	Kennedy Wilson Holdings	Pair Corr
0.63	OZ	Belpointe PREP LLC	Pair Corr
0.86	PK	Park Hotels Resorts	Pair Corr
0.66	RC	Ready Capital Corp	Pair Corr
0.69	UE	Urban Edge Properties	Pair Corr

Moving against Presidio Stock

0.91	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.88	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.85	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.85	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.85	AHT-PG	Ashford Hospitality Trust	Pair Corr
0.83	DX	Dynex Capital Sell-off Trend	Pair Corr
0.8	FR	First Industrial Realty	Pair Corr
0.75	O	Realty Income	Pair Corr
0.66	WY	Weyerhaeuser	Pair Corr
0.87	MITT-PC	AG Mortgage Investment	Pair Corr
0.85	WELL	Welltower	Pair Corr
0.82	CDR-PB	Cedar Realty Trust	Pair Corr
0.78	CDR-PC	Cedar Realty Trust	Pair Corr
0.74	FBRT	Franklin BSP Realty	Pair Corr
0.72	VICI	VICI Properties	Pair Corr
0.68	MITT-PA	AG Mortgage Investment	Pair Corr
0.66	MITT-PB	AG Mortgage Investment	Pair Corr
0.66	FCPT	Four Corners Property	Pair Corr
0.65	ELME	Elme Communities	Pair Corr

Related Correlations Analysis

	ICMB	MDRR	YGMZ	SCPS	HCDI
ICMB		-0.22	-0.16	0.0	0.0	ICMB
MDRR	-0.22		0.15	0.0	0.0	MDRR
YGMZ	-0.16	0.15		0.0	0.0	YGMZ
SCPS	0.0	0.0	0.0		0.0	SCPS
HCDI	0.0	0.0	0.0	0.0		HCDI
	ICMB	MDRR	YGMZ	SCPS	HCDI

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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

YGMZ	+ 0.15	MDRR
SCPS	+ 0.0	ICMB
HCDI	+ 0.0	ICMB
SCPS	+ 0.0	MDRR
HCDI	+ 0.0	MDRR
SCPS	+ 0.0	YGMZ

High negative correlations

MDRR	- 0.22	ICMB
YGMZ	- 0.16	ICMB
HCDI	- 0.0	SCPS
HCDI	- 0.0	YGMZ
SCPS	- 0.0	YGMZ
HCDI	- 0.0	MDRR

Risk-Adjusted Indicators

There is a big difference between Presidio Stock performing well and Presidio Property 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 Presidio Property'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
ICMB	0.68	0.06	0.07	0.55	0.94	(0.82)	1.87	(2.14)	6.16
MDRR	1.81	0.07	0.03	0.11	2.23	(1.93)	3.97	(3.52)	15.04
YGMZ	4.90	(0.19)	0.00	(1.15)	0.00	0.00	16.67	(11.21)	46.64
SCPS	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
HCDI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Presidio Property Corporate Management

Adam Sragovicz	Chief Officer	Profile
Steven Foss	Director Relations	Profile
Edwin IV	Chief Officer	Profile
Sean Giffin	Director Management	Profile
Gary Katz	Chief Officer	Profile

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