Douglas Emmett Correlations
DEI Stock | USD 15.45 0.24 1.53% |
The current 90-days correlation between Douglas Emmett and Hudson Pacific Properties is 0.66 (i.e., Poor diversification). The correlation of Douglas Emmett 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.
Douglas Emmett Correlation With Market
Poor diversification
The correlation between Douglas Emmett and DJI is 0.62 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Douglas Emmett and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Douglas Stock
0.67 | BXP | Boston Properties Sell-off Trend | PairCorr |
0.74 | HPP | Hudson Pacific Properties | PairCorr |
0.77 | SLG | SL Green Realty | PairCorr |
0.73 | JBGS | JBG SMITH Properties Earnings Call Next Week | PairCorr |
0.9 | DX | Dynex Capital Earnings Call Tomorrow | PairCorr |
0.85 | KW | Kennedy Wilson Holdings | PairCorr |
0.66 | OZ | Belpointe PREP LLC | PairCorr |
0.88 | PK | Park Hotels Resorts | PairCorr |
0.83 | UE | Urban Edge Properties | PairCorr |
0.84 | AHT-PH | Ashford Hospitality Trust | PairCorr |
0.78 | AHT-PI | Ashford Hospitality Trust | PairCorr |
0.68 | AHT-PD | Ashford Hospitality Trust | PairCorr |
0.82 | AHT-PF | Ashford Hospitality Trust | PairCorr |
0.84 | AHT-PG | Ashford Hospitality Trust | PairCorr |
0.67 | VNO-PL | Vornado Realty Trust | PairCorr |
0.74 | VNO-PM | Vornado Realty Trust | PairCorr |
0.75 | VNO-PN | Vornado Realty Trust | PairCorr |
0.74 | VNO-PO | Vornado Realty Trust | PairCorr |
0.75 | VICI | VICI Properties | PairCorr |
0.74 | MITT-PB | AG Mortgage Investment | PairCorr |
0.81 | MITT-PC | AG Mortgage Investment | PairCorr |
0.87 | EARN | Ellington Residential | PairCorr |
0.84 | ELME | Elme Communities | PairCorr |
0.63 | WELL | Welltower Earnings Call Next Week | PairCorr |
0.64 | ESBA | Empire State Realty | PairCorr |
Moving against Douglas Stock
0.38 | UK | Ucommune International | PairCorr |
0.85 | ADC | Agree Realty Earnings Call Tomorrow | PairCorr |
0.63 | FCPT | Four Corners Property | PairCorr |
0.46 | WETH | Wetouch Technology Common | PairCorr |
0.44 | WHLR | Wheeler Real Estate | PairCorr |
0.39 | EQIX | Equinix | PairCorr |
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between Douglas Stock performing well and Douglas Emmett 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 Douglas Emmett'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 | ||
---|---|---|---|---|---|---|---|---|---|---|
HPP | 2.42 | 0.11 | 0.04 | 0.23 | 3.00 | 6.55 | 15.46 | |||
KRC | 1.23 | 0.17 | 0.09 | 0.31 | 1.31 | 2.85 | 6.85 | |||
CDP | 0.85 | 0.06 | (0.01) | 0.24 | 1.12 | 2.06 | 5.76 | |||
HIW | 1.02 | 0.10 | 0.05 | 0.27 | 1.04 | 2.10 | 5.40 | |||
CUZ | 0.99 | 0.02 | (0.02) | 0.16 | 1.03 | 2.21 | 5.06 |