Phillips Edison Correlations
| PECO Stock | USD 34.93 0.08 0.23% |
The current 90-days correlation between Phillips Edison and Inventrust Properties Corp is 0.81 (i.e., Very poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Phillips Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Phillips Edison Co moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Phillips Edison Correlation With Market
Very weak diversification
The correlation between Phillips Edison Co and DJI is 0.52 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Phillips Edison Co and DJI in the same portfolio, assuming nothing else is changed.
Moving against Phillips Stock
Related Correlations Analysis
| -0.12 | 0.42 | 0.25 | -0.42 | 0.23 | 0.13 | IVT | ||
| -0.12 | 0.72 | 0.72 | 0.64 | 0.61 | 0.77 | SITC | ||
| 0.42 | 0.72 | 0.79 | 0.44 | 0.68 | 0.86 | KRG | ||
| 0.25 | 0.72 | 0.79 | 0.45 | 0.66 | 0.83 | BRX | ||
| -0.42 | 0.64 | 0.44 | 0.45 | 0.61 | 0.73 | NTST | ||
| 0.23 | 0.61 | 0.68 | 0.66 | 0.61 | 0.75 | BNL | ||
| 0.13 | 0.77 | 0.86 | 0.83 | 0.73 | 0.75 | UE | ||
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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 Phillips Stock performing well and Phillips Edison 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 Phillips Edison'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| IVT | 0.88 | (0.08) | (0.10) | 0.02 | 1.11 | 1.83 | 5.41 | |||
| SITC | 1.32 | (0.01) | 0.00 | 0.13 | 1.52 | 2.23 | 11.29 | |||
| KRG | 1.05 | 0.04 | 0.01 | 0.17 | 1.17 | 2.09 | 7.04 | |||
| BRX | 1.03 | (0.06) | (0.06) | 0.06 | 1.41 | 2.07 | 7.99 | |||
| NTST | 0.96 | 0.15 | 0.02 | 1.35 | 1.06 | 2.03 | 5.16 | |||
| BNL | 0.86 | (0.02) | (0.08) | 0.08 | 1.13 | 1.81 | 4.68 | |||
| UE | 1.09 | 0.07 | 0.03 | 0.23 | 1.21 | 2.51 | 7.16 |
Phillips Edison Corporate Executives
Elected by the shareholders, the Phillips Edison's board of directors comprises two types of representatives: Phillips Edison inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Phillips. The board's role is to monitor Phillips Edison's management team and ensure that shareholders' interests are well served. Phillips Edison'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, Phillips Edison's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Caulfield | Executive CFO | Profile | |
| John CPA | Executive CFO | Profile | |
| Joseph Schlosser | Executive COO | Profile |