Slate Grocery Correlations

SRRTF Stock

USD 9.73 0.07 0.71%

The current 90-days correlation between Slate Grocery REIT and Primaris Real Estate is -0.03 (i.e., Good diversification). The correlation of Slate Grocery 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.

The ability to find closely correlated positions to Slate Grocery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Slate Grocery 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 Slate Grocery - 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 Slate Grocery REIT to buy it.

Moving together with Slate Pink Sheet

0.67	KO	Coca Cola	Pair Corr
0.67	MCD	McDonalds	Pair Corr
0.61	VZ	Verizon Communications	Pair Corr
0.63	CSCO	Cisco Systems	Pair Corr
0.66	PG	Procter Gamble	Pair Corr

Moving against Slate Pink Sheet

0.7	MRK	Merck Company	Pair Corr
0.43	OPINL	Office Properties Income	Pair Corr
0.39	CAT	Caterpillar	Pair Corr
0.38	AA	Alcoa Corp	Pair Corr
0.33	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	PPRQF	CTRRF	FRMUF	RIOCF	CWYUF	PMREF	IVT	NTST	PECO	SPG-PJ
PPRQF		0.0	0.33	0.13	0.48	0.34	0.08	0.35	-0.08	-0.07	PPRQF
CTRRF	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	CTRRF
FRMUF	0.33	0.0		0.67	0.79	0.19	0.19	0.37	-0.19	-0.12	FRMUF
RIOCF	0.13	0.0	0.67		0.73	0.01	0.12	-0.14	0.03	-0.29	RIOCF
CWYUF	0.48	0.0	0.79	0.73		0.39	0.13	0.29	-0.14	-0.28	CWYUF
PMREF	0.34	0.0	0.19	0.01	0.39		-0.31	0.4	-0.4	-0.21	PMREF
IVT	0.08	0.0	0.19	0.12	0.13	-0.31		-0.23	0.35	-0.01	IVT
NTST	0.35	0.0	0.37	-0.14	0.29	0.4	-0.23		-0.36	0.13	NTST
PECO	-0.08	0.0	-0.19	0.03	-0.14	-0.4	0.35	-0.36		-0.09	PECO
SPG-PJ	-0.07	0.0	-0.12	-0.29	-0.28	-0.21	-0.01	0.13	-0.09		SPG-PJ
	PPRQF	CTRRF	FRMUF	RIOCF	CWYUF	PMREF	IVT	NTST	PECO	SPG-PJ

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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

CWYUF	+ 0.79	FRMUF
CWYUF	+ 0.73	RIOCF
RIOCF	+ 0.67	FRMUF
CWYUF	+ 0.48	PPRQF
NTST	+ 0.4	PMREF
PMREF	+ 0.39	CWYUF

High negative correlations

PECO	- 0.4	PMREF
PECO	- 0.36	NTST
IVT	- 0.31	PMREF
SPG-PJ	- 0.29	RIOCF
SPG-PJ	- 0.28	CWYUF
NTST	- 0.23	IVT

Risk-Adjusted Indicators

There is a big difference between Slate Pink Sheet performing well and Slate Grocery 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 Slate Grocery'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
PPRQF	1.92	0.26	0.03	0.30	4.13	(5.31)	3.93	(2.38)	35.69
CTRRF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
FRMUF	1.13	0.19	0.08	0.38	1.37	(2.30)	4.12	(2.97)	10.90
RIOCF	1.10	(0.08)	0.00	0.45	0.00	0.00	2.54	(2.36)	7.64
CWYUF	0.96	0.01	0.06	(0.14)	1.16	(1.19)	2.18	(2.33)	5.95
PMREF	0.35	0.03	0.00	2.20	0.00	0.00	1.39	0.00	6.64
IVT	0.96	(0.08)	0.00	(0.22)	0.00	0.00	1.57	(2.09)	4.36
NTST	1.20	0.05	0.05	0.07	1.65	(1.24)	2.92	(2.98)	7.48
PECO	1.02	(0.11)	0.00	(5.35)	0.00	0.00	1.75	(1.86)	4.34
SPG-PJ	0.72	0.01	0.05	0.00	0.99	(0.89)	1.98	(1.60)	5.55

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Our tools can tell you how much better you can do entering a position in Slate Grocery 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.

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Slate Grocery Corporate Management

Connor OBrien	VP	Profile
Karolina Kmiecik	Director Communications	Profile
Bozena Jankowska	MD ESG	Profile
Katie Fasken	Managing Relations	Profile
Ramsey JD	Corp Counsel	Profile
Nicole Trpcic	Ma Operations	Profile

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