Corporate Office Correlations

Stocks . Germany . 
Stock . Corporate Office Properties
WX7 Stock  EUR 24.80  0.20  0.80%   
The current 90-days correlation between Corporate Office Pro and BOSTON BEER A is 0.36 (i.e., Weak diversification). The correlation of Corporate Office 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.

Corporate Office Correlation With Market

Good diversification

The correlation between Corporate Office Properties and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Corporate Office Properties and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Corporate Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corporate Office 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 Corporate Office - 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 Corporate Office Properties to buy it.

Moving together with Corporate Stock

  0.9FQI Digital Realty TrustPairCorr
  0.85GEI SL Green RealtyPairCorr
  0.96KRC Kilroy Realty CorpPairCorr
  0.77VO7 Vornado Realty TrustPairCorr
  0.82PQ9 BANK MANDIRIPairCorr
  0.86PQ9 PT Bank MandiriPairCorr
  0.92PQ9 BANK MANDIRIPairCorr
  0.87PQ9 BANK MANDIRIPairCorr
  0.7BYRA PT Bank RakyatPairCorr
  0.72BYRA BANK RAKYAT INDPairCorr
  0.82BYRA BANK RAKYAT INDPairCorr
  0.63BYRA PT Bank RakyatPairCorr
  0.8PTI Perusahaan PerseroanPairCorr
  0.63TCID Telkom Indonesia TbkPairCorr
  0.92DBPD Xtrackers ShortDAXPairCorr

Moving against Corporate Stock

  0.85O2F ORIX JREIT INCPairCorr
  0.77MJB Mirvac GroupPairCorr
  0.69T62 TOHO ZINC LTDPairCorr
  0.64HSC2 Inmobiliaria ColonialPairCorr
  0.953RE Rejlerkoncernen ABPairCorr
  0.955TP BLUE LABELPairCorr
  0.94BSN Danone SAPairCorr
  0.92TKA thyssenkrupp AGPairCorr
  0.92DBPE Xtrackers LevDAXPairCorr
  0.91JYS1 JYSKE BANKPairCorr
  0.87BY6A BYD LimitedPairCorr
  0.83TLLB Trelleborg ABPairCorr
  0.81SOBA ATT IncPairCorr
  0.8KGHA KGHM Polska MiedzPairCorr
  0.79BRH Berkshire HathawayPairCorr
  0.78E908 Lyxor 1PairCorr
  0.74KEI KEISEI EL RAILWAY SplitPairCorr
  0.68ROM Rohm CoPairCorr
  0.62HUKI HUHTAMAKIPairCorr
  0.57MRG Outcrop Silver GoldPairCorr

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   
T6W
+ 0.75
BBEA
CLH
+ 0.49
SHL
TSI
+ 0.39
BBEA
TSI
+ 0.37
CHK
NY7
+ 0.23
CHK
TSI
+ 0.21
NY7
  
High negative correlations   
BBEA
- 0.59
CLH
TSI
- 0.54
SHL
TSI
- 0.52
CLH
BBEA
- 0.48
SHL
T6W
- 0.44
CHK
T6W
- 0.38
SHL

Risk-Adjusted Indicators

There is a big difference between Corporate Stock performing well and Corporate Office 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 Corporate Office'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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Corporate Office 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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Corporate Office Corporate Management

Elected by the shareholders, the Corporate Office's board of directors comprises two types of representatives: Corporate Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corporate. The board's role is to monitor Corporate Office's management team and ensure that shareholders' interests are well served. Corporate Office'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, Corporate Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
Catherine WardVP LeasingProfile
Todd HartmanEx COOProfile
Gregory ThorVP OfficerProfile
Holly EdingtonVP HRProfile
Judson WilliamsSr DevelProfile
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