Healthpeak Properties Correlations
| P1EA34 Stock | BRL 99.46 0.00 0.00% |
The current 90-days correlation between Healthpeak Properties and Deutsche Bank Aktiengesellschaft is 0.12 (i.e., Average diversification). The correlation of Healthpeak Properties 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.
Healthpeak Properties Correlation With Market
Good diversification
The correlation between Healthpeak Properties and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Healthpeak Properties and DJI in the same portfolio, assuming nothing else is changed.
Healthpeak |
The ability to find closely correlated positions to Healthpeak Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthpeak Properties 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 Healthpeak Properties - 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 Healthpeak Properties to buy it.
Moving together with Healthpeak Stock
| 0.78 | V1TA34 | Ventas, | PairCorr |
| 0.77 | M2PW34 | Medical Properties Trust, | PairCorr |
| 0.64 | BERK34 | Berkshire Hathaway | PairCorr |
Moving against Healthpeak Stock
| 0.91 | I1DX34 | IDEXX Laboratories, | PairCorr |
| 0.86 | ITUB4 | Ita Unibanco Holding | PairCorr |
| 0.82 | LOGG3 | LOG Commercial Properties | PairCorr |
| 0.81 | MSFT34 | Microsoft | PairCorr |
| 0.76 | M1UF34 | Mitsubishi UFJ Financial | PairCorr |
| 0.76 | NMRH34 | Nomura Holdings | PairCorr |
| 0.75 | S1MF34 | Sumitomo Mitsui Financial | PairCorr |
| 0.72 | YDUQ3 | Yduqs Participaes | PairCorr |
| 0.72 | MUTC34 | Micron Technology | PairCorr |
| 0.68 | LVTC3 | Livetech da Bahia | PairCorr |
| 0.66 | BMKS3 | Bicicletas Monark | PairCorr |
| 0.65 | NVDC34 | NVIDIA | PairCorr |
| 0.64 | L1MN34 | Lumen Technologies, | PairCorr |
| 0.62 | CAON34 | Capital One Financial Earnings Call Tomorrow | PairCorr |
| 0.62 | MRFG3 | Marfrig Global Foods | PairCorr |
| 0.53 | C1FG34 | Citizens Financial Group, | PairCorr |
| 0.49 | GPRO34 | GoPro Inc | PairCorr |
| 0.42 | CVCB3 | CVC Brasil Operadora | PairCorr |
| 0.38 | L1HX34 | L3Harris Technologies, Earnings Call This Week | PairCorr |
Related Correlations Analysis
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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 Healthpeak Stock performing well and Healthpeak Properties 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 Healthpeak Properties' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LBRD34 | 1.73 | 0.00 | 0.00 | 0.13 | 2.47 | 3.49 | 22.24 | |||
| DBAG34 | 1.27 | 0.34 | 0.15 | 5.01 | 1.15 | 2.90 | 9.11 | |||
| S1YF34 | 1.30 | 0.59 | 0.00 | 2.51 | 0.00 | 5.48 | 20.61 | |||
| B1RF34 | 0.06 | 0.02 | 0.00 | 5.27 | 0.00 | 0.00 | 1.84 | |||
| VERZ34 | 0.99 | (0.24) | 0.00 | (0.45) | 0.00 | 2.13 | 6.46 | |||
| BOAC34 | 1.10 | 0.30 | 0.14 | 2.03 | 1.06 | 2.44 | 8.59 | |||
| L1YG34 | 1.13 | 0.16 | 0.01 | (57.78) | 1.53 | 3.20 | 9.22 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Healthpeak Properties 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 ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
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Healthpeak Properties Corporate Management
Elected by the shareholders, the Healthpeak Properties' board of directors comprises two types of representatives: Healthpeak Properties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Healthpeak. The board's role is to monitor Healthpeak Properties' management team and ensure that shareholders' interests are well served. Healthpeak Properties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Healthpeak Properties' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jeffrey Miller | G Counsel | Profile | |
| Adam Mabry | Chief Officer | Profile | |
| Andrew CFA | VP Relations | Profile | |
| Scott Brinker | Pres CEO | Profile | |
| Peter Scott | Chief Officer | Profile | |
| Ankit Patadia | Sr Treasurer | Profile | |
| Lisa Alonso | Ex Officer | Profile |