Empire State Correlations

FISK Stock

USD 10.81 0.17 1.55%

The current 90-days correlation between Empire State Realty and Douglas Emmett is 0.25 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Empire State moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empire State Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Empire State Correlation With Market

Modest diversification

The correlation between Empire State Realty and DJI is 0.26 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Empire State Realty 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 Empire State Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Moving together with Empire Stock

0.68	EQIX	Equinix	Pair Corr
0.63	GTY	Getty Realty	Pair Corr
0.67	OLP	One Liberty Properties	Pair Corr
0.79	RHP	Ryman Hospitality	Pair Corr
0.78	SPG	Simon Property Group	Pair Corr
0.64	HASI	Hannon Armstrong Sus	Pair Corr
0.7	SBRA	Sabra Healthcare REIT	Pair Corr
0.69	UE	Urban Edge Properties	Pair Corr
0.73	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.73	ADC-PA	Agree Realty	Pair Corr
0.71	VNO-PL	Vornado Realty Trust	Pair Corr
0.71	VNO-PM	Vornado Realty Trust	Pair Corr
0.71	VNO-PN	Vornado Realty Trust	Pair Corr
0.76	VNO-PO	Vornado Realty Trust	Pair Corr
0.85	MITT-PA	AG Mortgage Investment	Pair Corr
0.86	MITT-PB	AG Mortgage Investment	Pair Corr
0.72	MITT-PC	AG Mortgage Investment	Pair Corr

Moving against Empire Stock

0.59	RC	Ready Capital Corp	Pair Corr
0.59	UK	Ucommune International	Pair Corr
0.44	PW	Power REIT	Pair Corr
0.38	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.35	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.84	ECRO	Ecc Cap Corp	Pair Corr
0.57	VINO	Gaucho Group Holdings Earnings Call This Week	Pair Corr
0.51	VTMX	Corporacin Inmobiliaria	Pair Corr
0.35	DOUG	Douglas Elliman	Pair Corr

Related Correlations Analysis

	DEI	KRC	VNO	PDM
DEI		0.96	0.98	0.9	DEI
KRC	0.96		0.96	0.92	KRC
VNO	0.98	0.96		0.87	VNO
PDM	0.9	0.92	0.87		PDM
	DEI	KRC	VNO	PDM

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Risk-Adjusted Indicators

There is a big difference between Empire Stock performing well and Empire State 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 Empire State'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
DEI	1.33	0.22	0.14	0.38	1.25	(1.50)	2.93	(2.57)	6.92
KRC	1.36	0.19	0.14	0.32	1.20	(1.60)	3.71	(2.33)	8.54
VNO	1.27	0.42	0.32	0.61	0.74	(1.56)	3.05	(1.83)	7.88
PDM	1.26	0.13	0.08	0.29	1.25	(1.49)	3.31	(2.44)	9.47

Empire State Corporate Management

Thomas Keltner	Executive VP of Empire State ealty Trust, Inc, General Counsel of Empire State Realty Trust, Inc and Secretary of Empire State Realty Trust, Inc	Profile
Kevin Vilke	Inc Trust	Profile
Aaron Ratner	Inc Trust	Profile
Christopher Blackman	I Trust	Profile
Katy Malonoski	VP Relations	Profile
Fred Posniak	Inc Trust	Profile

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