Lead Real Correlations

LRE Stock

1.27 0.09 6.62%

The current 90-days correlation between Lead Real Estate and Molson Coors Brewing is 0.02 (i.e., Significant diversification). The correlation of Lead 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.

Lead Real Correlation With Market

Average diversification

The correlation between Lead Real Estate and DJI is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Lead Real Estate and DJI in the same portfolio, assuming nothing else is changed.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lead Real Estate. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Moving against Lead Stock

0.73	HR	Healthcare Realty Trust	Pair Corr
0.66	ELME	Elme Communities	Pair Corr
0.65	UE	Urban Edge Properties	Pair Corr
0.65	FCPT	Four Corners Property	Pair Corr
0.64	EPRT	Essential Properties	Pair Corr
0.63	FR	First Industrial Realty	Pair Corr
0.63	AAT	American Assets Trust	Pair Corr
0.62	AHH	Armada Hflr Pr	Pair Corr
0.61	ESRT	Empire State Realty Potential Growth	Pair Corr
0.61	ADC	Agree Realty	Pair Corr
0.59	O	Realty Income	Pair Corr
0.58	VICI	VICI Properties	Pair Corr
0.54	FISK	Empire State Realty	Pair Corr
0.53	WELL	Welltower	Pair Corr
0.52	AHR	American Healthcare REIT,	Pair Corr
0.49	PW	Power REIT	Pair Corr
0.49	EQIX	Equinix	Pair Corr
0.48	OZ	Belpointe PREP LLC	Pair Corr
0.31	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.69	AKR	Acadia Realty Trust	Pair Corr
0.69	BNL	Broadstone Net Lease	Pair Corr
0.69	CDP	COPT Defense Properties Symbol Change	Pair Corr
0.66	AIV	Apartment Investment and	Pair Corr
0.62	BRX	Brixmor Property	Pair Corr
0.61	BXP	Boston Properties	Pair Corr
0.61	CSR	Centerspace	Pair Corr
0.6	AMT	American Tower Corp	Pair Corr
0.59	BFS	Saul Centers	Pair Corr
0.58	CTO	CTO Realty Growth	Pair Corr
0.57	CCI	Crown Castle Fiscal Year End 22nd of January 2025	Pair Corr
0.57	CUZ	Cousins Properties	Pair Corr
0.55	ALX	Alexanders	Pair Corr
0.55	AMH	American Homes 4	Pair Corr
0.55	CPT	Camden Property Trust	Pair Corr
0.54	AVB	AvalonBay Communities	Pair Corr
0.53	CIO	City Office	Pair Corr
0.51	BDN	Brandywine Realty Trust	Pair Corr

Related Correlations Analysis

	NAPA	JAPAY	EML	ACCO	FKWL	STVN	HNI	TAP
NAPA		-0.05	-0.42	-0.46	-0.48	-0.3	-0.45	-0.59	NAPA
JAPAY	-0.05		0.41	0.67	0.03	0.16	0.21	0.39	JAPAY
EML	-0.42	0.41		0.79	0.68	0.74	0.79	0.78	EML
ACCO	-0.46	0.67	0.79		0.54	0.42	0.74	0.79	ACCO
FKWL	-0.48	0.03	0.68	0.54		0.62	0.89	0.74	FKWL
STVN	-0.3	0.16	0.74	0.42	0.62		0.6	0.64	STVN
HNI	-0.45	0.21	0.79	0.74	0.89	0.6		0.79	HNI
TAP	-0.59	0.39	0.78	0.79	0.74	0.64	0.79		TAP
	NAPA	JAPAY	EML	ACCO	FKWL	STVN	HNI	TAP

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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

HNI	+ 0.89	FKWL
ACCO	+ 0.79	EML
HNI	+ 0.79	EML
TAP	+ 0.79	ACCO
TAP	+ 0.79	HNI
TAP	+ 0.78	EML

High negative correlations

TAP	- 0.59	NAPA
FKWL	- 0.48	NAPA
ACCO	- 0.46	NAPA
HNI	- 0.45	NAPA
EML	- 0.42	NAPA
STVN	- 0.3	NAPA

Risk-Adjusted Indicators

There is a big difference between Lead Stock performing well and Lead 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 Lead 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
NAPA	1.63	(0.51)	0.00	(0.34)	0.00	0.00	2.99	(4.22)	11.46
JAPAY	1.17	(0.08)	(0.04)	(0.01)	2.01	(1.05)	2.37	(2.68)	8.20
EML	2.46	0.01	0.02	0.08	2.73	(2.76)	5.36	(4.87)	12.26
ACCO	1.65	(0.04)	0.01	0.05	2.06	(1.81)	3.94	(3.00)	11.13
FKWL	1.67	0.39	0.20	0.40	1.48	(2.02)	3.50	(2.85)	17.13
STVN	2.33	0.10	0.03	0.18	2.65	(2.73)	5.75	(3.90)	18.16
HNI	1.33	0.12	0.08	0.16	1.44	(1.42)	2.34	(2.27)	14.45
TAP	1.05	0.02	0.00	0.09	1.41	(1.01)	2.42	(2.13)	8.77

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