Easterly Government Correlations
| E05 Stock | EUR 19.60 0.10 0.51% |
The current 90-days correlation between Easterly Government and Apollo Investment Corp is 0.42 (i.e., Very weak diversification). The correlation of Easterly Government 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.
Easterly Government Correlation With Market
Significant diversification
The correlation between Easterly Government Properties and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Easterly Government Properties and DJI in the same portfolio, assuming nothing else is changed.
Easterly |
The ability to find closely correlated positions to Easterly Government could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Easterly Government 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 Easterly Government - 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 Easterly Government Properties to buy it.
Moving together with Easterly Stock
| 0.76 | BO9 | Boston Properties | PairCorr |
| 0.63 | CPZ1 | COUSINS PTIES INC | PairCorr |
| 0.77 | G9KB | Great Portland Estates | PairCorr |
| 0.61 | TGE1 | Mobilezone Holding | PairCorr |
| 0.67 | AG8 | AGILENT TECH | PairCorr |
| 0.69 | 1W3 | WSP Global | PairCorr |
| 0.62 | PZXB | PING AN INSURANCH | PairCorr |
| 0.67 | RAX | RANGE RESOURCES Earnings Call Tomorrow | PairCorr |
| 0.64 | RHM | Rheinmetall AG | PairCorr |
| 0.67 | FA2 | FORWARD AIR P | PairCorr |
| 0.76 | F1YN | Lundin Gold | PairCorr |
| 0.62 | SEBC | Skandinaviska Enskilda | PairCorr |
Moving against Easterly Stock
| 0.63 | GOKA | Office Properties Income | PairCorr |
| 0.48 | 3AZ | ARIMA REAL ESTSOC | PairCorr |
| 0.65 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.48 | ALV | Allianz SE | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
|
Risk-Adjusted Indicators
There is a big difference between Easterly Stock performing well and Easterly Government 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 Easterly Government'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 285 | 0.99 | 0.29 | 0.11 | 6.12 | 0.77 | 2.46 | 6.40 | |||
| 55O1 | 0.98 | 0.31 | 0.13 | (1.99) | 0.86 | 2.16 | 5.33 | |||
| BW8 | 1.76 | 0.07 | (0.01) | 0.42 | 2.12 | 3.77 | 14.82 | |||
| OGM1 | 1.97 | 0.00 | (0.05) | 0.11 | 2.59 | 3.37 | 12.50 | |||
| SI3 | 0.85 | 0.28 | 0.10 | 1.17 | 0.44 | 2.74 | 11.26 | |||
| TGE1 | 1.48 | 0.46 | 0.20 | 1.02 | 1.18 | 1.85 | 43.41 | |||
| 5ZM | 1.13 | 0.00 | (0.09) | 0.01 | 1.47 | 2.84 | 8.15 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Easterly Government 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?
Run Portfolio Center Now
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios |
| All Next | Launch Module |
Easterly Government Corporate Management
Elected by the shareholders, the Easterly Government's board of directors comprises two types of representatives: Easterly Government inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Easterly. The board's role is to monitor Easterly Government's management team and ensure that shareholders' interests are well served. Easterly Government'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, Easterly Government's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Cynthia Fisher | Independent Director | Profile | |
| Darrell Crate | Chairman of the Board of Directors | Profile | |
| Michael Ibe | Vice Chairman of the Board of Directors, Executive Vice President – Development and Acquisitions | Profile | |
| Ronald Kendall | Executive Vice President - Government Relations | Profile | |
| William Binnie | Lead Independent Director | Profile |