COPT Defense Correlations
| CDP Stock | 26.56 0.37 1.41% |
The current 90-days correlation between COPT Defense Properties and Perseus Mining Limited is -0.01 (i.e., Good diversification). The correlation of COPT Defense 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. If the correlation is 0, the equities are not correlated; they are entirely random.
COPT Defense Correlation With Market
Very weak diversification
The correlation between COPT Defense Properties and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding COPT Defense Properties and DJI in the same portfolio, assuming nothing else is changed.
Moving together with COPT Stock
| 0.83 | Z | Zillow Group Class Earnings Call This Week | PairCorr |
| 0.76 | PK | Park Hotels Resorts | PairCorr |
| 0.73 | PW | Power REIT Earnings Call This Week | PairCorr |
| 0.7 | UE | Urban Edge Properties Earnings Call Tomorrow | PairCorr |
| 0.66 | EQIX | Equinix Earnings Call This Week | PairCorr |
| 0.71 | ESBA | Empire State Realty Earnings Call Tomorrow | PairCorr |
| 0.79 | ESRT | Empire State Realty | PairCorr |
| 0.81 | WHLR | Wheeler Real Estate Earnings Call Tomorrow | PairCorr |
| 0.71 | FISK | Empire State Realty Earnings Call Tomorrow | PairCorr |
| 0.81 | AAT | American Assets Trust | PairCorr |
| 0.73 | AHH | Armada Hflr Pr Earnings Call This Week | PairCorr |
| 0.64 | AIV | Apartment Investment and Earnings Call This Week | PairCorr |
| 0.68 | AKR | Acadia Realty Trust | PairCorr |
| 0.62 | AVB | AvalonBay Communities | PairCorr |
| 0.78 | BDN | Brandywine Realty Trust | PairCorr |
| 0.66 | BFS | Saul Centers | PairCorr |
| 0.83 | BXP | Boston Properties | PairCorr |
Moving against COPT Stock
| 0.49 | VICI | VICI Properties | PairCorr |
| 0.4 | O | Realty Income Earnings Call Tomorrow | PairCorr |
| 0.32 | WELL | Welltower | PairCorr |
| 0.65 | AMT | American Tower Corp | PairCorr |
| 0.5 | ALX | Alexanders Earnings Call Tomorrow | PairCorr |
| 0.35 | ADC | Agree Realty | PairCorr |
| 0.5 | CCI | Crown Castle | PairCorr |
Related Correlations Analysis
| -0.67 | 0.0 | -0.56 | 0.67 | 0.0 | -0.67 | PMNXF | ||
| -0.67 | 0.0 | 0.63 | -0.39 | 0.0 | 0.51 | SCSC | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | PIUTQ | ||
| -0.56 | 0.63 | 0.0 | 0.04 | 0.0 | 0.7 | MARIF | ||
| 0.67 | -0.39 | 0.0 | 0.04 | 0.0 | -0.3 | CPPKF | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | SULMF | ||
| -0.67 | 0.51 | 0.0 | 0.7 | -0.3 | 0.0 | TTAM | ||
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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 COPT Stock performing well and COPT Defense 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 COPT Defense'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PMNXF | 1.76 | 0.29 | 0.13 | 2.50 | 2.34 | 4.09 | 17.19 | |||
| SCSC | 1.76 | (0.42) | 0.00 | (0.56) | 0.00 | 3.21 | 14.80 | |||
| PIUTQ | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| MARIF | 1.70 | (0.12) | 0.00 | (0.41) | 0.00 | 5.82 | 17.93 | |||
| CPPKF | 2.13 | 0.37 | 0.13 | 0.94 | 2.23 | 5.36 | 15.74 | |||
| SULMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| TTAM | 2.43 | (0.10) | 0.00 | (0.20) | 0.00 | 4.98 | 18.67 |
COPT Defense Corporate Executives
Elected by the shareholders, the COPT Defense's board of directors comprises two types of representatives: COPT Defense inside directors who are chosen from within the company, and outside directors, selected externally and held independent of COPT. The board's role is to monitor COPT Defense's management team and ensure that shareholders' interests are well served. COPT Defense'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, COPT Defense's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anthony CPA | Executive CFO | Profile | |
| Anthony Mifsud | Executive CFO | Profile | |
| Britt Snider | Executive COO | Profile |