Saul Centers Correlations
| BFS-PE Preferred Stock | USD 22.65 0.16 0.70% |
The current 90-days correlation between Saul Centers and Saul Centers is -0.06 (i.e., Good diversification). The correlation of Saul Centers 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.
Saul Centers Correlation With Market
Average diversification
The correlation between Saul Centers and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Saul Centers and DJI in the same portfolio, assuming nothing else is changed.
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The ability to find closely correlated positions to Saul Centers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saul Centers 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 Saul Centers - 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 Saul Centers to buy it.
Moving together with Saul Preferred Stock
| 0.91 | CDR-PC | Cedar Realty Trust | PairCorr |
| 0.78 | KIM-PN | Kimco Realty | PairCorr |
| 0.8 | DX | Dynex Capital | PairCorr |
| 0.67 | KW | Kennedy Wilson Holdings | PairCorr |
| 0.65 | OZ | Belpointe PREP LLC | PairCorr |
| 0.74 | PK | Park Hotels Resorts Earnings Call Next Week | PairCorr |
| 0.75 | UE | Urban Edge Properties Earnings Call Next Week | PairCorr |
| 0.81 | AHT-PH | Ashford Hospitality Trust | PairCorr |
| 0.8 | AHT-PI | Ashford Hospitality Trust | PairCorr |
| 0.67 | AHT-PD | Ashford Hospitality Trust | PairCorr |
| 0.83 | AHT-PF | Ashford Hospitality Trust | PairCorr |
| 0.84 | AHT-PG | Ashford Hospitality Trust | PairCorr |
| 0.64 | DOUG | Douglas Elliman | PairCorr |
| 0.72 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.73 | VNO-PM | Vornado Realty Trust | PairCorr |
| 0.73 | VNO-PN | Vornado Realty Trust | PairCorr |
| 0.64 | VICI | VICI Properties Earnings Call Next Week | PairCorr |
| 0.65 | MITT-PA | AG Mortgage Investment | PairCorr |
| 0.82 | MITT-PB | AG Mortgage Investment | PairCorr |
| 0.86 | MITT-PC | AG Mortgage Investment | PairCorr |
Moving against Saul Preferred Stock
| 0.62 | LB | LandBridge Company | PairCorr |
| 0.59 | SPG-PJ | Simon Property Group | PairCorr |
| 0.52 | WETH | Wetouch Technology Common | PairCorr |
| 0.45 | UK | Ucommune International | PairCorr |
Related Correlations Analysis
| 0.45 | 0.43 | 0.41 | 0.52 | 0.52 | BFS-PD | ||
| 0.45 | 0.32 | 0.38 | 0.53 | 0.24 | SRG-PA | ||
| 0.43 | 0.32 | -0.16 | 0.11 | 0.25 | KIM-PL | ||
| 0.41 | 0.38 | -0.16 | 0.74 | 0.51 | KLPEF | ||
| 0.52 | 0.53 | 0.11 | 0.74 | 0.43 | BHR-PD | ||
| 0.52 | 0.24 | 0.25 | 0.51 | 0.43 | AHH-PA | ||
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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 Saul Preferred Stock performing well and Saul Centers 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 Saul Centers' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BFS-PD | 0.99 | 0.09 | (0.04) | (0.64) | 1.09 | 2.64 | 5.87 | |||
| SRG-PA | 0.90 | 0.02 | (0.09) | (0.11) | 1.18 | 1.76 | 5.45 | |||
| KIM-PL | 0.46 | 0.00 | (0.15) | 0.11 | 0.62 | 0.99 | 2.91 | |||
| KLPEF | 1.37 | 0.39 | 0.08 | (0.68) | 1.37 | 2.65 | 12.84 | |||
| BHR-PD | 1.36 | 0.12 | 0.03 | 0.33 | 1.78 | 3.41 | 11.76 | |||
| AHH-PA | 0.73 | 0.13 | (0.01) | (1.64) | 0.98 | 1.52 | 6.91 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Saul Centers 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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Saul Centers Corporate Management
| Bernard II | Chairman CEO | Profile | |
| David Pearson | Pres COO | Profile | |
| Christine Kearns | Exec Officer | Profile | |
| Christopher Netter | Ex Leasing | Profile | |
| Willoughby Laycock | Market Design | Profile | |
| Keith Brown | VP Officer | Profile | |
| Carlos Heard | VP CFO | Profile |