RLJ Lodging Correlations

RLJ Lodging Correlation With Market

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RLJ Lodging Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.

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 XHR + 0.81 PEB CIM + 0.78 CLDT CIM + 0.72 XHR XHR + 0.66 CLDT ORC + 0.63 PMT CIM + 0.52 PEB

High negative correlations ORC - 0.7 CLDT ORC - 0.56 CIM ORC - 0.53 XHR PMT - 0.3 CLDT PMT - 0.24 CIM PMT - 0.22 XHR

Risk-Adjusted Indicators

There is a big difference between RLJ Stock performing well and RLJ Lodging 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 RLJ Lodging'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.