Wheeler Real Correlations
| WHLR Stock | USD 3.42 0.06 1.79% |
The current 90-days correlation between Wheeler Real Estate and Cedar Realty Trust is 0.07 (i.e., Significant diversification). The correlation of Wheeler Real 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Wheeler Real Correlation With Market
Modest diversification
The correlation between Wheeler Real Estate and DJI is 0.2 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Wheeler Real Estate and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Wheeler Stock
| 0.62 | FR | First Industrial Realty | PairCorr |
| 0.84 | HR | Healthcare Realty Trust | PairCorr |
| 0.78 | WY | Weyerhaeuser | PairCorr |
| 0.63 | AHH | Armada Hflr Pr | PairCorr |
| 0.89 | AHT | Ashford Hospitality Trust | PairCorr |
| 0.63 | AKR | Acadia Realty Trust | PairCorr |
| 0.94 | ARE | Alexandria Real Estate | PairCorr |
| 0.64 | BHR | Braemar Hotel Resorts | PairCorr |
| 0.64 | BNL | Broadstone Net Lease | PairCorr |
| 0.82 | BRT | BRT Realty Trust | PairCorr |
Moving against Wheeler Stock
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 Wheeler Stock performing well and Wheeler Real 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 Wheeler Real'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CBL | 1.56 | (0.07) | 0.00 | (0.05) | 0.00 | 3.08 | 12.19 | |||
| PRET | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CDR-PB | 1.09 | (0.13) | 0.00 | (0.76) | 0.00 | 2.52 | 10.27 | |||
| MAC | 2.17 | (0.06) | 0.00 | (0.02) | 0.00 | 3.66 | 16.88 | |||
| SPG | 1.44 | (0.07) | 0.00 | (0.04) | 0.00 | 2.39 | 15.29 | |||
| O | 0.90 | 0.03 | 0.02 | 0.11 | 1.16 | 1.90 | 6.50 | |||
| PRETN | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| PRETM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| RPT | 1.92 | (0.15) | 0.00 | (0.10) | 0.00 | 3.65 | 21.34 | |||
| UE | 1.36 | 0.01 | 0.01 | 0.03 | 2.14 | 2.44 | 11.19 |
Wheeler Real Corporate Management
| Crystal CPA | Chief Officer | Profile | |
| Rebecca Schiefer | Director Accounting | Profile | |
| Mary Jensen | Investor Contact | Profile | |
| Ross Barr | General Secretary | Profile | |
| Elizabeth Hedrick | Vice Administration | Profile |