Gateway Real Correlations

Stocks . Germany . 
Stock . Gateway Real Estate
GTY Stock   0.38  0.10  20.83%   
The current 90-days correlation between Gateway Real Estate and Gateway Real Estate is 0.43 (i.e., Very weak diversification). The correlation of Gateway Real 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.

Gateway Real Correlation With Market

Average diversification

The correlation between Gateway Real Estate and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gateway Real Estate and DJI in the same portfolio, assuming nothing else is changed.
  
The ability to find closely correlated positions to Gateway Real could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gateway Real when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gateway Real - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gateway Real Estate to buy it.

Moving together with Gateway Stock

  0.95GTY Gateway Real EstatePairCorr
  0.9GTY Gateway Real EstatePairCorr
  0.65LHL1 Lenovo Group LimitedPairCorr

Moving against Gateway Stock

  0.77NU42 Ribbon CommunicationsPairCorr
  0.73MNL Gruppo Mutuionline SpAPairCorr
  0.7MEL Meli Hotels InternationalPairCorr
  0.64MKL Atea ASAPairCorr
  0.33A2R Accent ResourcesPairCorr
  0.82J7Z Jazz Pharmaceuticals plcPairCorr
  0.82ATR0 ATHENE HOLDING PRFSERCPairCorr
  0.788KS LUMI GRUPPEN ASPairCorr
  0.76DGS Envela CorpPairCorr
  0.752KD Kinder MorganPairCorr
  0.73HU3 Huntington BancsharesPairCorr
  0.69BLQA BlackRockPairCorr
  0.625F3 JINS HOLDINGS INCPairCorr
  0.57G6G GrafTech InternationalPairCorr
  0.42WRC WOLFDEN RES PPairCorr
  0.38DBK Deutsche Bank AktienPairCorr
  0.33IBM International BusinessPairCorr
  0.81GM0N GLOBUS MEDICAL APairCorr
  0.81BKJ Brinker InternationalPairCorr
  0.75G8L GREENLIGHT CAP REPairCorr
  0.73ONK ONEOK IncPairCorr
  0.73SOBA ATT IncPairCorr
  0.7NDA Aurubis AGPairCorr

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   
GTY
+ 0.95
GTY
QFRA
+ 0.75
T2H
8HJ
+ 0.63
DWNI
8HJ
+ 0.56
GTY
8HJ
+ 0.54
GTY
GTY
+ 0.42
DWNI
  
High negative correlations   
8HJ
- 0.31
T2H
QFRA
- 0.25
8HJ
QFRA
- 0.15
GTY
T2H
- 0.11
DWNI
T2H
- 0.09
GTY
QFRA
- 0.07
GTY

Risk-Adjusted Indicators

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Gateway Real without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Gateway Real Corporate Executives

Elected by the shareholders, the Gateway Real's board of directors comprises two types of representatives: Gateway Real inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Gateway. The board's role is to monitor Gateway Real's management team and ensure that shareholders' interests are well served. Gateway Real's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Gateway Real's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tobias MeibomCFO BoardProfile
Stefan WitjesCOO BoardProfile
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