Four Corners Correlations
FCPT Stock | USD 23.45 0.24 1.01% |
The correlation of Four Corners 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 perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Four Corners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Four Corners Property moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Four Corners Property and NYA is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Four Corners Property and NYA in the same portfolio, assuming nothing else is changed.
Four |
The ability to find closely correlated positions to Four Corners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Four Corners 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 Four Corners - 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 Four Corners Property to buy it.
Moving together with Four Stock
0.68 | DX | Dynex Capital | PairCorr |
0.7 | PK | Park Hotels Resorts Earnings Call Today | PairCorr |
0.71 | WY | Weyerhaeuser Financial Report 25th of July 2024 | PairCorr |
Moving against Four 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
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Risk-Adjusted Indicators
There is a big difference between Four Stock performing well and Four Corners 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 Four Corners' 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 | ||
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PINE | 1.15 | (0.05) | 0.00 | 0.20 | 0.00 | 2.20 | 6.50 | |||
RPT | 1.48 | 0.32 | 0.16 | (2.40) | 1.44 | 4.02 | 7.92 | |||
KRG | 1.05 | (0.03) | (0.02) | 0.02 | 1.29 | 2.20 | 7.34 | |||
IVT | 1.03 | (0.07) | 0.00 | (0.01) | 0.00 | 2.12 | 7.34 | |||
KIM | 1.06 | (0.19) | 0.00 | (0.10) | 0.00 | 2.34 | 8.10 | |||
NTST | 1.18 | (0.18) | 0.00 | (0.07) | 0.00 | 2.40 | 9.32 | |||
UE | 1.01 | (0.13) | 0.00 | (0.06) | 0.00 | 1.69 | 8.88 | |||
ROIC | 1.07 | (0.23) | 0.00 | (0.18) | 0.00 | 1.76 | 6.09 | |||
SITC | 0.92 | (0.06) | 0.00 | (0.01) | 0.00 | 2.05 | 5.60 | |||
CBL | 1.10 | (0.10) | 0.00 | 10.66 | 0.00 | 2.25 | 7.86 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Four Corners 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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Four Corners Corporate Directors
Four Corners corporate directors refer to members of a Four Corners board of directors. The board of directors generally takes responsibility for the Four Corners' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Four Corners' board members must vote for the resolution. The Four Corners board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Marran Ogilvie | Independent Director | Profile | |
Charles Jemley | Independent Director | Profile | |
Paul Szurek | Independent Director | Profile | |
Douglas Hansen | Independent Director | Profile |
Already Invested in Four Corners Property?
The danger of trading Four Corners Property is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Four Corners is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Four Corners. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Four Corners Property is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Four Corners Property is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Four Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Four Corners Property Stock. Highlighted below are key reports to facilitate an investment decision about Four Corners Property Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Four Corners Property. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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When running Four Corners' price analysis, check to measure Four Corners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Four Corners is operating at the current time. Most of Four Corners' value examination focuses on studying past and present price action to predict the probability of Four Corners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Four Corners' price. Additionally, you may evaluate how the addition of Four Corners to your portfolios can decrease your overall portfolio volatility.
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Is Four Corners' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Four Corners. If investors know Four will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Four Corners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 1.365 | Earnings Share 1.07 | Revenue Per Share 2.831 | Quarterly Revenue Growth 0.136 |
The market value of Four Corners Property is measured differently than its book value, which is the value of Four that is recorded on the company's balance sheet. Investors also form their own opinion of Four Corners' value that differs from its market value or its book value, called intrinsic value, which is Four Corners' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Four Corners' market value can be influenced by many factors that don't directly affect Four Corners' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Four Corners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Four Corners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Four Corners' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.