Sun Communities Correlations

SUI Stock

USD 125.30 0.70 0.56%

The current 90-days correlation between Sun Communities and UDR Inc is 0.61 (i.e., Poor diversification). The correlation of Sun Communities 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.

Sun Communities Correlation With Market

Weak diversification

The correlation between Sun Communities and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sun Communities and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Sun Stock

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

Moving together with Sun Stock

0.69	Z	Zillow Group Class	Pair Corr
0.7	UE	Urban Edge Properties	Pair Corr
0.61	VICI	VICI Properties	Pair Corr
0.77	ELME	Elme Communities	Pair Corr
0.71	WELL	Welltower Earnings Call Next Week	Pair Corr
0.67	ESBA	Empire State Realty	Pair Corr
0.7	ESRT	Empire State Realty Earnings Call This Week	Pair Corr
0.73	AAT	American Assets Trust Earnings Call Next Week	Pair Corr
0.79	AHR	American Healthcare REIT,	Pair Corr
0.91	AIV	Apartment Investment and	Pair Corr
0.76	ALX	Alexanders	Pair Corr
0.64	BDN	Brandywine Realty Trust Earnings Call Tomorrow	Pair Corr
0.8	BFS	Saul Centers	Pair Corr
0.83	BHR	Braemar Hotel Resorts	Pair Corr
0.63	BNL	Broadstone Net Lease Earnings Call Next Week	Pair Corr
0.71	BRT	BRT Realty Trust	Pair Corr
0.65	BXP	Boston Properties Sell-off Trend	Pair Corr
0.78	CDP	COPT Defense Properties Earnings Call Next Week	Pair Corr

Moving against Sun Stock

0.43	WHLR	Wheeler Real Estate	Pair Corr
0.39	FCPT	Four Corners Property	Pair Corr
0.38	LB	LandBridge Company	Pair Corr
0.61	ADC	Agree Realty Earnings Call Tomorrow	Pair Corr
0.52	AKR	Acadia Realty Trust Earnings Call Next Week	Pair Corr
0.34	AMH	American Homes 4	Pair Corr

Related Correlations Analysis

	CLPR	UDR	UMH	AMH	ELS	NXRT	EQR	MAA	ESS	AVB
CLPR		0.14	-0.3	0.38	-0.16	-0.19	0.36	0.03	0.36	0.13	CLPR
UDR	0.14		0.61	0.69	0.47	0.79	0.83	0.76	0.39	0.82	UDR
UMH	-0.3	0.61		0.13	0.26	0.64	0.39	0.43	0.32	0.65	UMH
AMH	0.38	0.69	0.13		0.6	0.59	0.85	0.82	0.04	0.48	AMH
ELS	-0.16	0.47	0.26	0.6		0.64	0.45	0.69	-0.3	0.24	ELS
NXRT	-0.19	0.79	0.64	0.59	0.64		0.59	0.9	-0.04	0.51	NXRT
EQR	0.36	0.83	0.39	0.85	0.45	0.59		0.72	0.26	0.79	EQR
MAA	0.03	0.76	0.43	0.82	0.69	0.9	0.72		-0.11	0.45	MAA
ESS	0.36	0.39	0.32	0.04	-0.3	-0.04	0.26	-0.11		0.53	ESS
AVB	0.13	0.82	0.65	0.48	0.24	0.51	0.79	0.45	0.53		AVB
	CLPR	UDR	UMH	AMH	ELS	NXRT	EQR	MAA	ESS	AVB

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Please upgrade your account to get full access to Macroaxis premium features

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

MAA	+ 0.9	NXRT
EQR	+ 0.85	AMH
EQR	+ 0.83	UDR
AVB	+ 0.82	UDR
MAA	+ 0.82	AMH
NXRT	+ 0.79	UDR

High negative correlations

ESS	- 0.3	ELS
UMH	- 0.3	CLPR
NXRT	- 0.19	CLPR
ELS	- 0.16	CLPR
ESS	- 0.11	MAA
ESS	- 0.04	NXRT

Risk-Adjusted Indicators

There is a big difference between Sun Stock performing well and Sun Communities 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 Sun Communities' 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
CLPR	2.22	0.11	0.04	0.24	2.90	(2.41)	5.68	(4.29)	18.38
UDR	0.90	(0.07)	(0.10)	0.02	1.13	(0.95)	1.76	(1.78)	6.07
UMH	0.84	(0.07)	(0.10)	0.00	1.15	(0.94)	1.79	(2.29)	5.50
AMH	0.84	(0.02)	(0.10)	0.06	1.03	(0.82)	2.01	(1.64)	6.10
ELS	0.84	(0.12)	0.00	(0.26)	0.00	0.00	1.55	(1.78)	4.16
NXRT	1.08	(0.15)	0.00	(0.06)	0.00	0.00	2.37	(2.45)	6.88
EQR	0.85	(0.06)	(0.10)	0.03	1.16	(0.83)	1.78	(1.84)	5.67
MAA	0.91	(0.13)	0.00	(0.08)	0.00	0.00	1.99	(1.92)	6.20
ESS	0.96	0.00	(0.03)	0.13	1.18	(0.96)	2.02	(1.63)	6.30
AVB	0.82	(0.06)	(0.09)	0.04	1.10	(0.80)	1.86	(1.65)	5.59

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2025 Macroaxis LLC