Healthpeak Properties Correlations
DOC Stock | USD 19.05 0.06 0.32% |
The current 90-days correlation between Healthpeak Properties and CareTrust REIT is 0.32 (i.e., Weak diversification). The correlation of Healthpeak Properties 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.
Healthpeak Properties Correlation With Market
Very weak diversification
The correlation between Healthpeak Properties and DJI is 0.49 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Healthpeak Properties and DJI in the same portfolio, assuming nothing else is changed.
Healthpeak | Build AI portfolio with Healthpeak Stock |
Moving together with Healthpeak Stock
0.93 | ARE | Alexandria Real Estate | PairCorr |
0.84 | HR | Healthcare Realty Trust Earnings Call Next Week | PairCorr |
0.71 | KW | Kennedy Wilson Holdings | PairCorr |
0.79 | VICI | VICI Properties Earnings Call This Week | PairCorr |
Moving against Healthpeak Stock
0.8 | EQIX | Equinix Earnings Call This Week | PairCorr |
0.75 | VTMX | Corporacin Inmobiliaria | PairCorr |
0.47 | EPRT | Essential Properties | PairCorr |
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 Healthpeak Stock performing well and Healthpeak Properties 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 Healthpeak Properties' 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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CTRE | 1.02 | 0.16 | (0.02) | 1.72 | 1.02 | 2.05 | 5.57 | |||
DEA | 1.27 | 0.03 | 0.01 | 0.24 | 1.44 | 2.69 | 7.32 | |||
GMRE | 1.28 | (0.22) | 0.00 | (0.07) | 0.00 | 2.64 | 12.27 | |||
HR | 0.92 | (0.01) | (0.09) | 0.18 | 1.31 | 1.90 | 6.60 | |||
LTC | 0.83 | (0.02) | (0.17) | 0.11 | 1.08 | 1.49 | 5.36 | |||
SBRA | 1.02 | 0.00 | (0.12) | 0.20 | 1.26 | 1.98 | 7.90 | |||
STAG | 0.93 | (0.03) | (0.04) | 0.17 | 1.19 | 2.20 | 5.84 |
Healthpeak Properties Corporate Management
Jeffrey Miller | General Counsel | Profile | |
Antonio Acevedo | Senior Medical | Profile | |
Richard Weiss | Independent Trustee | Profile | |
Pamela Kessler | Independent Trustee | Profile | |
Adam Mabry | Chief Officer | Profile | |
Ankit Patadia | Executive Treasurer | Profile | |
Patrick Cheng | Senior CCRC | Profile |