One Liberty Correlations

OLP Stock

USD 28.44 0.38 1.32%

The current 90-days correlation between One Liberty Properties and Barloworld Ltd ADR is 0.07 (i.e., Significant diversification). The correlation of One Liberty 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.

One Liberty Correlation With Market

Very weak diversification

The correlation between One Liberty Properties and DJI is 0.53 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding One Liberty Properties and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in One Liberty 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 bureau of economic analysis.

Moving together with One Stock

0.76	EQIX	Equinix	Pair Corr
0.83	GTY	Getty Realty	Pair Corr
0.93	KRG	Kite Realty Group	Pair Corr
0.68	RHP	Ryman Hospitality	Pair Corr
0.85	SPG	Simon Property Group	Pair Corr
0.79	HASI	Hannon Armstrong Sus	Pair Corr
0.85	SBRA	Sabra Healthcare REIT	Pair Corr
0.85	DX	Dynex Capital	Pair Corr
0.84	KW	Kennedy Wilson Holdings	Pair Corr
0.69	OZ	Belpointe PREP LLC	Pair Corr
0.84	UE	Urban Edge Properties	Pair Corr
0.74	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.68	ADC-PA	Agree Realty	Pair Corr
0.89	VNO-PL	Vornado Realty Trust	Pair Corr
0.88	VNO-PM	Vornado Realty Trust	Pair Corr
0.89	VNO-PN	Vornado Realty Trust	Pair Corr
0.87	VNO-PO	Vornado Realty Trust	Pair Corr
0.79	MITT-PA	AG Mortgage Investment	Pair Corr
0.79	MITT-PB	AG Mortgage Investment	Pair Corr
0.85	MITT-PC	AG Mortgage Investment	Pair Corr

Moving against One Stock

0.65	PW	Power REIT	Pair Corr
0.65	RC	Ready Capital Corp	Pair Corr
0.58	UK	Ucommune International	Pair Corr
0.77	VINO	Gaucho Group Holdings Earnings Call This Week	Pair Corr
0.74	ECRO	Ecc Cap Corp	Pair Corr
0.67	VTMX	Corporacin Inmobiliaria	Pair Corr
0.31	DOUG	Douglas Elliman	Pair Corr

Related Correlations Analysis

	ICMB	444859BR2	AQUI	BRRAY	MSTSX	ABHYX	LBHIX	VIASP	RRTLX	OREAF
ICMB		0.12	0.0	-0.16	0.0	-0.04	-0.27	-0.16	0.02	0.0	ICMB
444859BR2	0.12		0.0	0.46	-0.51	0.03	-0.4	-0.2	-0.35	0.0	444859BR2
AQUI	0.0	0.0		0.0	0.0	0.0	0.0	0.0	0.0	0.0	AQUI
BRRAY	-0.16	0.46	0.0		-0.57	-0.48	-0.52	-0.18	-0.52	0.0	BRRAY
MSTSX	0.0	-0.51	0.0	-0.57		0.49	0.89	0.53	0.95	0.0	MSTSX
ABHYX	-0.04	0.03	0.0	-0.48	0.49		0.66	0.11	0.53	0.0	ABHYX
LBHIX	-0.27	-0.4	0.0	-0.52	0.89	0.66		0.61	0.89	0.0	LBHIX
VIASP	-0.16	-0.2	0.0	-0.18	0.53	0.11	0.61		0.6	0.0	VIASP
RRTLX	0.02	-0.35	0.0	-0.52	0.95	0.53	0.89	0.6		0.0	RRTLX
OREAF	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0		OREAF
	ICMB	444859BR2	AQUI	BRRAY	MSTSX	ABHYX	LBHIX	VIASP	RRTLX	OREAF

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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

RRTLX	+ 0.95	MSTSX
LBHIX	+ 0.89	MSTSX
RRTLX	+ 0.89	LBHIX
LBHIX	+ 0.66	ABHYX
VIASP	+ 0.61	LBHIX
RRTLX	+ 0.6	VIASP

High negative correlations

MSTSX	- 0.57	BRRAY
RRTLX	- 0.52	BRRAY
LBHIX	- 0.52	BRRAY
MSTSX	- 0.51	444859BR2
ABHYX	- 0.48	BRRAY
LBHIX	- 0.4	444859BR2

Risk-Adjusted Indicators

There is a big difference between One Stock performing well and One Liberty 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 One Liberty'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
ICMB	0.84	(0.08)	0.00	(0.85)	0.00	0.00	1.58	(1.66)	7.40
444859BR2	0.99	(0.10)	0.00	(0.14)	0.00	0.00	2.42	(2.51)	13.07
AQUI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
BRRAY	1.25	0.07	0.00	0.23	0.00	0.00	0.00	0.00	28.38
MSTSX	0.52	0.14	(0.09)	(1.27)	0.38	(0.67)	1.21	(1.00)	3.14
ABHYX	0.17	(0.03)	0.00	(2.69)	0.00	0.00	0.34	(0.44)	1.23
LBHIX	0.12	0.04	(0.54)	16.23	0.00	(0.28)	0.24	(0.24)	0.96
VIASP	0.82	0.09	(0.05)	1.78	1.13	(0.93)	2.09	(1.20)	7.18
RRTLX	0.25	0.06	(0.36)	(4.78)	0.11	(0.30)	0.66	(0.48)	1.39
OREAF	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

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