Ventas Correlations

VTR Stock  USD 65.15  0.70  1.09%   
The current 90-days correlation between Ventas Inc and PEAK Old is 0.08 (i.e., Significant diversification). The correlation of Ventas 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.

Ventas Correlation With Market

Good diversification

The correlation between Ventas Inc and DJI is -0.16 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Ventas Inc and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ventas Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Moving together with Ventas Stock

  0.84EQIX EquinixPairCorr
  0.85GTY Getty RealtyPairCorr
  0.76KRG Kite Realty GroupPairCorr
  0.79OLP One Liberty PropertiesPairCorr
  0.79SPG Simon Property GroupPairCorr
  0.7HASI Hannon Armstrong SusPairCorr
  0.93SBRA Sabra Healthcare REITPairCorr
  0.72DX Dynex CapitalPairCorr
  0.69KW Kennedy Wilson HoldingsPairCorr
  0.66OZ Belpointe PREP LLCPairCorr
  0.81UE Urban Edge PropertiesPairCorr
  0.89VNO-PL Vornado Realty TrustPairCorr
  0.89VNO-PM Vornado Realty TrustPairCorr
  0.91VNO-PN Vornado Realty TrustPairCorr
  0.88VNO-PO Vornado Realty TrustPairCorr
  0.79MITT-PA AG Mortgage InvestmentPairCorr
  0.79MITT-PB AG Mortgage InvestmentPairCorr
  0.91MITT-PC AG Mortgage InvestmentPairCorr

Moving against Ventas Stock

  0.8RC Ready Capital CorpPairCorr
  0.7PW Power REITPairCorr
  0.68UK Ucommune InternationalPairCorr
  0.81VINO Gaucho Group Holdings Earnings Call This WeekPairCorr
  0.81VTMX Corporacin InmobiliariaPairCorr
  0.64ECRO Ecc Cap CorpPairCorr
  0.31DOUG Douglas EllimanPairCorr

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   
SBRAOHI
CTREOHI
CTRESBRA
NHIUHT
OHIDOC
SBRADOC
  
High negative correlations   
GMREPEAK
HRPEAK
NHIPEAK
UHTPEAK
SBRAPEAK
CTREPEAK

Risk-Adjusted Indicators

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