JBG SMITH Correlations

JBGS Stock  USD 16.76  0.03  0.18%   
The current 90-days correlation between JBG SMITH Properties and Cousins Properties Incorporated is 0.49 (i.e., Very weak diversification). The correlation of JBG SMITH 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.

JBG SMITH Correlation With Market

Very weak diversification

The correlation between JBG SMITH Properties and DJI is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JBG SMITH Properties and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JBG SMITH 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 price.

Moving together with JBG Stock

  0.65EGP EastGroup PropertiesPairCorr
  0.72HPP Hudson Pacific PropertiesPairCorr
  0.75OPI Office Properties IncomePairCorr
  0.84HASI Hannon Armstrong SusPairCorr
  0.8O Realty IncomePairCorr
  0.69ADC-PA Agree RealtyPairCorr

Moving against JBG Stock

  0.51SPG Simon Property GroupPairCorr
  0.5UE Urban Edge PropertiesPairCorr
  0.47KRG Kite Realty GroupPairCorr
  0.32EQIX EquinixPairCorr
  0.62EMITF Elbit ImagingPairCorr
  0.46WELL WelltowerPairCorr
  0.45DOUG Douglas EllimanPairCorr
  0.4CDR-PB Cedar Realty TrustPairCorr
  0.36MITT-PC AG Mortgage InvestmentPairCorr

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   
DEICUZ
PDMHIW
KRCDEI
KRCCUZ
EQC-PDCUZ
EQC-PDDEI
  
High negative correlations   
OFCHPP
EQC-PDHPP
HPPDEI
HPPCUZ
EQCHIW
FSPHPP

Risk-Adjusted Indicators

There is a big difference between JBG Stock performing well and JBG SMITH 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 JBG SMITH'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
CUZ  0.82  0.15  0.07  0.42  0.99 
 1.85 
 5.40 
HIW  0.93 (0.03)(0.06) 0.08  1.18 
 1.73 
 5.78 
DEI  1.32  0.22  0.13  0.36  1.37 
 2.78 
 7.68 
EQC  0.27 (0.02)(0.17)(0.07) 0.60 
 0.50 
 3.49 
KRC  1.38  0.11  0.09  0.21  1.37 
 3.38 
 7.68 
HPP  2.84 (0.80) 0.00 (0.37) 0.00 
 6.19 
 16.57 
OFC  1.39  0.15  0.05  0.57  1.30 
 3.10 
 6.24 
PDM  1.28 (0.03)(0.03) 0.08  1.55 
 3.08 
 8.49 
EQC-PD  0.14  0.00 (0.52) 0.00  0.12 
 0.28 
 0.92 
FSP  2.29  0.12  0.06  0.21  2.41 
 5.45 
 12.58 

JBG SMITH Corporate Management

Mitchell SchearTrusteeProfile
Steven MuselesChief Legal Officer and Corporate SecretaryProfile
Scott EstesIndependent TrusteeProfile
M BanerjeeChief Financial Office and Principal Financial OfficerProfile
George XandersChief Investment OfficerProfile