Gaming Leisure Correlations

GLPI Stock  USD 49.77  0.38  0.77%   
The current 90-days correlation between Gaming Leisure Properties and Armada Hflr Pr is 0.08 (i.e., Significant diversification). The correlation of Gaming Leisure 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.

Gaming Leisure Correlation With Market

Good diversification

The correlation between Gaming Leisure Properties and DJI is -0.01 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gaming Leisure Properties and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gaming Leisure Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.

Moving together with Gaming Stock

  0.72O Realty IncomePairCorr
  0.61WY Weyerhaeuser Fiscal Year End 23rd of January 2025 PairCorr
  0.9VICI VICI PropertiesPairCorr
  0.78EPRT Essential PropertiesPairCorr
  0.88FCPT Four Corners PropertyPairCorr
  0.8ADC Agree RealtyPairCorr
  0.65AHR American Healthcare REIT,PairCorr
  0.67ALX AlexandersPairCorr
  0.63ARE Alexandria Real EstatePairCorr
  0.73AVB AvalonBay CommunitiesPairCorr
  0.65BFS Saul CentersPairCorr
  0.86BNL Broadstone Net LeasePairCorr
  0.69BRX Brixmor PropertyPairCorr
  0.69CCI Crown Castle Fiscal Year End 22nd of January 2025 PairCorr
  0.65CIO City OfficePairCorr

Moving against Gaming Stock

  0.58PW Power REITPairCorr
  0.33AHT Ashford Hospitality Trust Upward RallyPairCorr

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   
BNLEPRT
OLPEPRT
MDVOLP
AHH-PAEPRT
MDVEPRT
OLPBNL
  
High negative correlations   
AHH-PAAHH
GOODNAHH
CTOAHH
NXDTGOODN
MDVAHH
AHHEPRT

Risk-Adjusted Indicators

There is a big difference between Gaming Stock performing well and Gaming Leisure 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 Gaming Leisure'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
EPRT  0.80  0.16  0.04  0.81  0.81 
 1.60 
 4.31 
BNL  0.79 (0.01)(0.09) 0.15  0.94 
 1.61 
 5.03 
AHH  0.99 (0.08)(0.07) 0.00  1.96 
 1.63 
 11.25 
CTO  1.15  0.07 (0.03) 0.69  2.09 
 2.27 
 19.07 
BRSP  1.52  0.16  0.11  0.30  1.32 
 3.31 
 22.56 
AHH-PA  0.64  0.10 (0.05) 0.90  0.53 
 1.57 
 5.28 
OLP  1.08  0.08  0.08  0.24  0.88 
 2.68 
 5.97 
MDV  1.50  0.14  0.04  0.40  1.70 
 3.54 
 10.64 
GOODN  0.56  0.10 (0.07) 4.59  0.54 
 1.38 
 4.00 
NXDT  1.85 (0.05)(0.01) 0.12  2.00 
 4.30 
 10.53 

Gaming Leisure Corporate Management

Brandon MooreSr. VP, General Counsel and SecretaryProfile
Desiree BurkeChief Accounting Officer and Sr. VPProfile
Brad CohenIR Contact OfficerProfile
Matthew CFASenior OfficerProfile
Kara SmithIR Contact OfficerProfile
Steven LadanySenior OfficerProfile