American Assets Correlations

AAT Stock

USD 19.11 0.28 1.49%

The current 90-days correlation between American Assets Trust and Essential Properties Realty is 0.69 (i.e., Poor diversification). The correlation of American Assets 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.

American Assets Correlation With Market

Good diversification

The correlation between American Assets Trust and DJI is -0.04 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding American Assets Trust and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with American Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Assets Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Moving together with American Stock

0.97	ESRT	Empire State Realty	Pair Corr
0.91	NXDT	NexPoint Strategic Earnings Call This Week	Pair Corr
0.95	AHH	Armada Hflr Pr Earnings Call This Week	Pair Corr
0.76	CTO	CTO Realty Growth	Pair Corr
0.93	FVR	FrontView REIT,	Pair Corr
0.85	NXDT-PA	NexPoint Diversified Real Earnings Call This Week	Pair Corr
0.68	OLP	One Liberty Properties Earnings Call Tomorrow	Pair Corr
0.78	GIPR	Generationome Properties	Pair Corr
0.96	GOOD	Gladstone Commercial Earnings Call Tomorrow	Pair Corr
0.78	BRSP	Brightspire Capital	Pair Corr
0.75	SQFTP	Presidio Property Trust	Pair Corr
0.67	DX	Dynex Capital	Pair Corr
0.84	FR	First Industrial Realty	Pair Corr
0.83	KW	Kennedy Wilson Holdings Earnings Call This Week	Pair Corr
0.96	PK	Park Hotels Resorts	Pair Corr

Moving against American Stock

0.57	PKST	Peakstone Realty Trust Earnings Call Tomorrow	Pair Corr
0.37	VICI	VICI Properties	Pair Corr
0.8	MDV-PA	Modiv Inc	Pair Corr
0.36	GIPRW	Generation Income	Pair Corr

Related Correlations Analysis

	EPRT	SRC	AHH	CTO	BRSP	AHH-PA	BNL	OLP	MDV	GOODN
EPRT		0.0	0.05	0.28	0.28	0.55	0.62	0.41	0.5	0.43	EPRT
SRC	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	SRC
AHH	0.05	0.0		0.72	0.74	0.19	-0.16	0.62	-0.37	0.43	AHH
CTO	0.28	0.0	0.72		0.63	0.29	0.03	0.69	-0.01	0.65	CTO
BRSP	0.28	0.0	0.74	0.63		0.57	0.41	0.88	-0.1	0.75	BRSP
AHH-PA	0.55	0.0	0.19	0.29	0.57		0.64	0.56	0.55	0.72	AHH-PA
BNL	0.62	0.0	-0.16	0.03	0.41	0.64		0.59	0.49	0.53	BNL
OLP	0.41	0.0	0.62	0.69	0.88	0.56	0.59		0.08	0.77	OLP
MDV	0.5	0.0	-0.37	-0.01	-0.1	0.55	0.49	0.08		0.35	MDV
GOODN	0.43	0.0	0.43	0.65	0.75	0.72	0.53	0.77	0.35		GOODN
	EPRT	SRC	AHH	CTO	BRSP	AHH-PA	BNL	OLP	MDV	GOODN

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

OLP	+ 0.88	BRSP
GOODN	+ 0.77	OLP
GOODN	+ 0.75	BRSP
BRSP	+ 0.74	AHH
CTO	+ 0.72	AHH
GOODN	+ 0.72	AHH-PA

High negative correlations

MDV	- 0.37	AHH
BNL	- 0.16	AHH
MDV	- 0.1	BRSP
MDV	- 0.01	CTO
GOODN	- 0.0	SRC
MDV	- 0.0	SRC

Risk-Adjusted Indicators

There is a big difference between American Stock performing well and American Assets 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 American Assets' 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
EPRT	1.20	0.03	0.08	0.84	1.65	(1.16)	1.92	(2.42)	9.69
SRC	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
AHH	1.52	(0.49)	0.00	3.01	0.00	0.00	2.78	(4.09)	14.01
CTO	1.16	(0.08)	0.00	(0.66)	0.00	0.00	2.28	(2.94)	7.86
BRSP	1.55	(0.02)	0.00	(0.30)	0.00	0.00	3.98	(3.22)	10.73
AHH-PA	0.77	0.04	0.13	(0.66)	1.13	(0.80)	1.34	(1.35)	6.98
BNL	1.28	0.09	0.11	2.28	1.81	(1.31)	2.68	(2.99)	8.58
OLP	1.12	(0.03)	0.00	(0.43)	0.00	0.00	1.97	(3.03)	7.90
MDV	1.78	0.22	0.13	1.08	2.18	(1.94)	3.11	(4.09)	12.95
GOODN	0.76	0.00	0.08	(0.14)	1.20	(0.81)	1.55	(1.36)	7.75

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