Equity LifeStyle Correlations
| MHV Stock | EUR 53.00 0.50 0.95% |
The current 90-days correlation between Equity LifeStyle Pro and ALLFUNDS GROUP EO 0025 is 0.32 (i.e., Weak diversification). The correlation of Equity LifeStyle 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.
Equity LifeStyle Correlation With Market
Good diversification
The correlation between Equity LifeStyle Properties and DJI is -0.08 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Equity LifeStyle Properties and DJI in the same portfolio, assuming nothing else is changed.
Equity |
The ability to find closely correlated positions to Equity LifeStyle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity LifeStyle 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 Equity LifeStyle - 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 Equity LifeStyle Properties to buy it.
Moving together with Equity Stock
| 0.8 | WV8 | AvalonBay Communities | PairCorr |
| 0.78 | UF0 | UDR Inc | PairCorr |
| 0.87 | 4IV | INVITATION HOMES | PairCorr |
| 0.91 | M2K | Mid America Apartment | PairCorr |
| 0.89 | A4XA | American Homes 4 | PairCorr |
| 0.86 | CAL | Camden Property Trust | PairCorr |
Moving against Equity Stock
| 0.67 | FA2 | FORWARD AIR P | PairCorr |
| 0.6 | RNF | Meteoric Resources Earnings Call This Week | PairCorr |
| 0.47 | BBZA | BB Biotech AG Earnings Call This Week | PairCorr |
| 0.47 | BBZA | BB Biotech AG Earnings Call This Week | PairCorr |
| 0.47 | HEI | Heidelberg Materials | PairCorr |
| 0.42 | W5E | Peel Mining Limited | PairCorr |
| 0.35 | SCZ | Sun Communities | PairCorr |
| 0.84 | JOT | ELEKTROBIT | PairCorr |
| 0.71 | F1YN | Lundin Gold | PairCorr |
| 0.56 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.53 | KOM1 | Komatsu | PairCorr |
| 0.5 | AG8 | AGILENT TECH | PairCorr |
| 0.42 | WOF | Wolford Aktiengesellscha | PairCorr |
| 0.37 | GGS | Gigaset AG | PairCorr |
| 0.34 | 1W3 | WSP Global | PairCorr |
| 0.31 | E908 | Lyxor 1 | PairCorr |
Related Correlations Analysis
| 0.86 | 0.52 | 0.75 | 0.78 | 0.87 | 0.21 | 6UY | ||
| 0.86 | 0.65 | 0.86 | 0.91 | 0.95 | 0.4 | 285 | ||
| 0.52 | 0.65 | 0.77 | 0.79 | 0.64 | 0.79 | 14N1 | ||
| 0.75 | 0.86 | 0.77 | 0.83 | 0.86 | 0.49 | 4OQ1 | ||
| 0.78 | 0.91 | 0.79 | 0.83 | 0.91 | 0.54 | SI3 | ||
| 0.87 | 0.95 | 0.64 | 0.86 | 0.91 | 0.39 | 4VGA | ||
| 0.21 | 0.4 | 0.79 | 0.49 | 0.54 | 0.39 | 20Y | ||
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Risk-Adjusted Indicators
There is a big difference between Equity Stock performing well and Equity LifeStyle 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 Equity LifeStyle'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 6UY | 1.83 | 0.82 | 0.29 | (1.51) | 1.61 | 4.87 | 12.15 | |||
| 285 | 0.99 | 0.29 | 0.11 | 6.12 | 0.77 | 2.46 | 6.40 | |||
| 14N1 | 0.99 | 0.21 | 0.08 | 1.48 | 1.10 | 2.34 | 8.39 | |||
| 4OQ1 | 1.03 | 0.17 | 0.01 | (1.42) | 1.28 | 2.19 | 7.55 | |||
| SI3 | 0.85 | 0.28 | 0.10 | 1.17 | 0.44 | 2.74 | 11.26 | |||
| 4VGA | 1.46 | 0.28 | 0.08 | (2.00) | 1.37 | 3.00 | 9.51 | |||
| 20Y | 1.20 | 0.15 | 0.00 | (1.46) | 1.39 | 2.83 | 9.37 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Equity LifeStyle 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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Equity LifeStyle Corporate Management
Elected by the shareholders, the Equity LifeStyle's board of directors comprises two types of representatives: Equity LifeStyle inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Equity. The board's role is to monitor Equity LifeStyle's management team and ensure that shareholders' interests are well served. Equity LifeStyle'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, Equity LifeStyle's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ron Bunce | VP Operations | Profile | |
| David Eldersveld | Chief VP | Profile | |
| Peter Underhill | VP Management | Profile | |
| Valerie Henry | VP Officer | Profile | |
| Patrick Waite | Ex COO | Profile | |
| Carmelina Stoklosa | VP Treasury | Profile | |
| Paul Seavey | Ex CFO | Profile |