Vornado Realty Correlations
| VO7 Stock | EUR 35.27 0.23 0.65% |
The current 90-days correlation between Vornado Realty Trust and KIMBALL ELECTRONICS is 0.11 (i.e., Average diversification). The correlation of Vornado Realty 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.
Vornado Realty Correlation With Market
Weak diversification
The correlation between Vornado Realty Trust and DJI is 0.39 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Vornado Realty Trust and DJI in the same portfolio, assuming nothing else is changed.
Vornado |
The ability to find closely correlated positions to Vornado Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vornado Realty 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 Vornado Realty - 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 Vornado Realty Trust to buy it.
Moving together with Vornado Stock
| 0.74 | FQI | Digital Realty Trust | PairCorr |
| 0.93 | GEI | SL Green Realty | PairCorr |
| 0.82 | KRC | Kilroy Realty Corp | PairCorr |
| 0.67 | PQ9 | BANK MANDIRI | PairCorr |
| 0.64 | PQ9 | PT Bank Mandiri | PairCorr |
| 0.72 | PQ9 | BANK MANDIRI | PairCorr |
| 0.81 | PQ9 | BANK MANDIRI | PairCorr |
| 0.84 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.74 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.66 | BYRA | PT Bank Rakyat | PairCorr |
| 0.68 | PTI | Perusahaan Perseroan | PairCorr |
Moving against Vornado Stock
| 0.48 | O2F | ORIX JREIT INC | PairCorr |
| 0.78 | TKA | thyssenkrupp AG | PairCorr |
| 0.74 | BSN | Danone SA | PairCorr |
| 0.72 | JYS1 | JYSKE BANK | PairCorr |
| 0.71 | 5TP | BLUE LABEL | PairCorr |
| 0.64 | 3RE | Rejlerkoncernen AB | PairCorr |
| 0.53 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.52 | BY6A | BYD Limited | PairCorr |
| 0.43 | BRH | Berkshire Hathaway | PairCorr |
| 0.39 | TLLB | Trelleborg AB | PairCorr |
| 0.38 | ROM | Rohm Co | PairCorr |
| 0.36 | SOBA | ATT Inc | PairCorr |
| 0.36 | KGHA | KGHM Polska Miedz Earnings Call Tomorrow | PairCorr |
| 0.34 | KEI | KEISEI EL RAILWAY Split | PairCorr |
Related Correlations Analysis
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Vornado Stock performing well and Vornado Realty 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 Vornado Realty'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LGLG | 1.55 | (0.19) | 0.00 | 0.16 | 0.00 | 3.51 | 13.65 | |||
| LPK | 1.72 | (0.02) | 0.00 | (0.13) | 0.00 | 2.88 | 18.64 | |||
| 3C3 | 1.50 | (0.20) | 0.00 | (0.58) | 0.00 | 2.65 | 13.37 | |||
| S4M | 2.22 | 0.72 | 0.33 | 0.88 | 1.85 | 5.19 | 20.77 | |||
| CFC | 2.43 | 0.04 | 0.03 | (0.15) | 2.81 | 4.49 | 35.80 | |||
| KWO | 1.03 | 0.00 | 0.03 | (0.05) | 1.42 | 2.15 | 18.52 | |||
| HAA1 | 3.01 | (0.27) | 0.00 | (0.23) | 0.00 | 6.25 | 33.72 | |||
| 3FNA | 3.36 | 0.27 | 0.07 | 0.48 | 3.93 | 9.60 | 22.54 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vornado Realty 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.Did you try this?
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Vornado Realty Corporate Management
Elected by the shareholders, the Vornado Realty's board of directors comprises two types of representatives: Vornado Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Vornado. The board's role is to monitor Vornado Realty's management team and ensure that shareholders' interests are well served. Vornado Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Vornado Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Barry Langer | Exec Estate | Profile | |
| Robert Entin | Chief VP | Profile | |
| Deirdre Maddock | VP Officer | Profile | |
| Haim Chera | Ex Retail | Profile | |
| Robert Larson | VP Operations | Profile | |
| Steven Roth | Chairman CEO | Profile | |
| Glen Weiss | Ex Estate | Profile |