Douglas Emmett Correlations

DEI Stock  USD 15.88  0.03  0.19%   
The current 90-days correlation between Douglas Emmett and Hudson Pacific Properties is 0.66 (i.e., Poor diversification). The correlation of Douglas Emmett 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.

Douglas Emmett Correlation With Market

Poor diversification

The correlation between Douglas Emmett and DJI is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Douglas Emmett and DJI in the same portfolio, assuming nothing else is changed.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Douglas Emmett. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For more detail on how to invest in Douglas Stock please use our How to Invest in Douglas Emmett guide.

Moving together with Douglas Stock

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  0.7BDN Brandywine Realty TrustPairCorr
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  0.75HIW Highwoods PropertiesPairCorr
  0.74HPP Hudson Pacific PropertiesPairCorr
  0.88KRC Kilroy Realty Corp Earnings Call This WeekPairCorr
  0.73PDM Piedmont Office Realty Earnings Call This WeekPairCorr
  0.72SLG SL Green RealtyPairCorr
  0.91DX Dynex CapitalPairCorr
  0.61FR First Industrial RealtyPairCorr
  0.7HR Healthcare Realty Trust Earnings Call This WeekPairCorr
  0.84KW Kennedy Wilson HoldingsPairCorr
  0.61OZ Belpointe PREP LLCPairCorr
  0.88PK Park Hotels Resorts Earnings Call This WeekPairCorr
  0.84UE Urban Edge Properties Earnings Call This WeekPairCorr
  0.84AHT-PH Ashford Hospitality TrustPairCorr
  0.78AHT-PI Ashford Hospitality TrustPairCorr
  0.64AHT-PD Ashford Hospitality TrustPairCorr
  0.82AHT-PF Ashford Hospitality TrustPairCorr
  0.83AHT-PG Ashford Hospitality TrustPairCorr
  0.67VNO-PL Vornado Realty TrustPairCorr
  0.77VNO-PM Vornado Realty TrustPairCorr
  0.76VNO-PN Vornado Realty TrustPairCorr
  0.73VNO-PO Vornado Realty TrustPairCorr
  0.77VICI VICI Properties Earnings Call This WeekPairCorr
  0.76MITT-PB AG Mortgage InvestmentPairCorr
  0.86MITT-PC AG Mortgage InvestmentPairCorr

Moving against Douglas Stock

  0.37INTG IntergroupPairCorr
  0.35UK Ucommune InternationalPairCorr
  0.64FCPT Four Corners Property Earnings Call This WeekPairCorr
  0.5EQIX Equinix Earnings Call This WeekPairCorr
  0.42WETH Wetouch Technology CommonPairCorr
  0.42WHLR Wheeler Real EstatePairCorr
  0.35EPRT Essential PropertiesPairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Douglas Stock performing well and Douglas Emmett 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 Douglas Emmett'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.