Correlation Between EPR Properties and GLENLN

Can any of the company-specific risk be diversified away by investing in both EPR Properties and GLENLN at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining EPR Properties and GLENLN into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between EPR Properties Series and GLENLN 4 16 APR 25, you can compare the effects of market volatilities on EPR Properties and GLENLN and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in EPR Properties with a short position of GLENLN. Check out your portfolio center. Please also check ongoing floating volatility patterns of EPR Properties and GLENLN.

Diversification Opportunities for EPR Properties and GLENLN

0.0

Correlation Coefficient

EPR Properties  GLENLN

Pay attention - limited upside

The 3 months correlation between EPR and GLENLN is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding EPR Properties Series and GLENLN 4 16 APR 25 in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on GLENLN 4 16 and EPR Properties is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on EPR Properties Series are associated (or correlated) with GLENLN. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of GLENLN 4 16 has no effect on the direction of EPR Properties i.e., EPR Properties and GLENLN go up and down completely randomly.

Pair Corralation between EPR Properties and GLENLN

Assuming the 90 days trading horizon EPR Properties Series is expected to generate 1.44 times more return on investment than GLENLN. However, EPR Properties is 1.44 times more volatile than GLENLN 4 16 APR 25. It trades about 0.08 of its potential returns per unit of risk. GLENLN 4 16 APR 25 is currently generating about -0.17 per unit of risk. If you would invest  2,898  in EPR Properties Series on November 29, 2024 and sell it today you would earn a total of  152.00  from holding EPR Properties Series or generate 5.24% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	28.81%
Values	Daily Returns

EPR Properties Series  vs.  GLENLN 4 16 APR 25

EPR Properties Series

Risk-Adjusted Performance

Modest

Compared to the overall equity markets, risk-adjusted returns on investments in EPR Properties Series are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, EPR Properties is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders.

GLENLN 4 16

Risk-Adjusted Performance

Very Weak

Over the last 90 days GLENLN 4 16 APR 25 has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest unsteady performance, the Bond's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for GLENLN 4 16 APR 25 investors.

Pair Trading with EPR Properties and GLENLN

The main advantage of trading using opposite EPR Properties and GLENLN positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if EPR Properties position performs unexpectedly, GLENLN can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GLENLN will offset losses from the drop in GLENLN's long position.

The idea behind EPR Properties Series and GLENLN 4 16 APR 25 pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

Check out your portfolio center.

Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.