Correlation Between Robinsons Retail and Service Properties

Can any of the company-specific risk be diversified away by investing in both Robinsons Retail and Service Properties at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Robinsons Retail and Service Properties into the same portfolio, which is an essential part of the fundamental portfolio management process.

By analyzing existing cross correlation between Robinsons Retail Holdings and Service Properties Trust, you can compare the effects of market volatilities on Robinsons Retail and Service Properties and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Robinsons Retail with a short position of Service Properties. Check out your portfolio center. Please also check ongoing floating volatility patterns of Robinsons Retail and Service Properties.

Diversification Opportunities for Robinsons Retail and Service Properties

0.0

Correlation Coefficient

Robinsons Retail  Service Properties

Pay attention - limited upside

The 3 months correlation between Robinsons and Service is 0.0. Overlapping area represents the amount of risk that can be diversified away by holding Robinsons Retail Holdings and Service Properties Trust in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Service Properties Trust and Robinsons Retail is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Robinsons Retail Holdings are associated (or correlated) with Service Properties. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Service Properties Trust has no effect on the direction of Robinsons Retail i.e., Robinsons Retail and Service Properties go up and down completely randomly.

Pair Corralation between Robinsons Retail and Service Properties

If you would invest  618.00  in Robinsons Retail Holdings on July 19, 2025 and sell it today you would earn a total of  0.00  from holding Robinsons Retail Holdings or generate 0.0% return on investment over 90 days.

Time Period	3 Months [change]
Direction	Flat
Strength	Insignificant
Accuracy	98.44%
Values	Daily Returns

Robinsons Retail Holdings  vs.  Service Properties Trust

Robinsons Retail Holdings

Risk-Adjusted Performance

Weakest

Over the last 90 days Robinsons Retail Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, Robinsons Retail is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.

Service Properties Trust

Risk-Adjusted Performance

Weakest

Over the last 90 days Service Properties Trust has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders.

Pair Trading with Robinsons Retail and Service Properties

The main advantage of trading using opposite Robinsons Retail and Service Properties positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Robinsons Retail position performs unexpectedly, Service Properties can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Service Properties will offset losses from the drop in Service Properties' long position.

The idea behind Robinsons Retail Holdings and Service Properties Trust pairs trading is to make the combined position market-neutral, meaning the overall market's direction will not affect its win or loss (or potential downside or upside). This can be achieved by designing a pairs trade with two highly correlated stocks or equities that operate in a similar space or sector, making it possible to obtain profits through simple and relatively low-risk investment.

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Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.