Healthpeak Properties Correlations

P1EA34 Stock

BRL 133.12 0.00 0.00%

The current 90-days correlation between Healthpeak Properties and Fras le SA is 0.08 (i.e., Significant diversification). The correlation of Healthpeak Properties 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.

Healthpeak Properties Correlation With Market

Good diversification

The correlation between Healthpeak Properties and DJI is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Healthpeak Properties and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Healthpeak Properties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Healthpeak Properties 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 Healthpeak Properties - 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 Healthpeak Properties to buy it.

Moving together with Healthpeak Stock

0.69	AAPL34	Apple Inc	Pair Corr
0.67	MSFT34	Microsoft	Pair Corr
0.86	GOGL34	Alphabet	Pair Corr
0.86	GOGL35	Alphabet	Pair Corr
0.84	AMZO34	Amazon Inc	Pair Corr
0.73	BERK34	Berkshire Hathaway	Pair Corr
0.76	TSLA34	Tesla Inc	Pair Corr
0.85	VISA34	Visa Inc	Pair Corr

Related Correlations Analysis

	FRAS3	W1DC34	ENGI11	CLIN11	BTLG11	PGCO34	CPLE5	RAPT3	DASA3
FRAS3		0.21	-0.48	-0.13	-0.65	-0.07	-0.23	0.71	-0.23	FRAS3
W1DC34	0.21		-0.51	0.04	-0.44	0.0	-0.43	0.49	-0.53	W1DC34
ENGI11	-0.48	-0.51		0.52	0.88	-0.28	0.26	-0.63	0.84	ENGI11
CLIN11	-0.13	0.04	0.52		0.56	-0.56	0.03	-0.12	0.46	CLIN11
BTLG11	-0.65	-0.44	0.88	0.56		-0.26	0.27	-0.66	0.74	BTLG11
PGCO34	-0.07	0.0	-0.28	-0.56	-0.26		-0.2	0.14	-0.46	PGCO34
CPLE5	-0.23	-0.43	0.26	0.03	0.27	-0.2		-0.36	0.48	CPLE5
RAPT3	0.71	0.49	-0.63	-0.12	-0.66	0.14	-0.36		-0.55	RAPT3
DASA3	-0.23	-0.53	0.84	0.46	0.74	-0.46	0.48	-0.55		DASA3
	FRAS3	W1DC34	ENGI11	CLIN11	BTLG11	PGCO34	CPLE5	RAPT3	DASA3

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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

BTLG11	+ 0.88	ENGI11
DASA3	+ 0.84	ENGI11
DASA3	+ 0.74	BTLG11
RAPT3	+ 0.71	FRAS3
BTLG11	+ 0.56	CLIN11
CLIN11	+ 0.52	ENGI11

High negative correlations

RAPT3	- 0.66	BTLG11
BTLG11	- 0.65	FRAS3
RAPT3	- 0.63	ENGI11
PGCO34	- 0.56	CLIN11
DASA3	- 0.55	RAPT3
DASA3	- 0.53	W1DC34

Risk-Adjusted Indicators

There is a big difference between Healthpeak Stock performing well and Healthpeak Properties 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 Healthpeak Properties' 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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FRAS3	1.05	0.03	(0.06)	0.34	1.37	(1.11)	2.61	(2.72)	6.85
W1DC34	0.33	0.01	0.00	0.15	0.00	0.00	0.00	0.00	9.38
ENGI11	1.03	(0.27)	0.00	(51.97)	0.00	0.00	2.44	(2.57)	6.68
CLIN11	0.70	(0.07)	0.00	(1.71)	0.00	0.00	1.01	(1.70)	4.19
BTLG11	0.53	(0.11)	0.00	2.17	0.00	0.00	0.98	(1.29)	4.73
PGCO34	1.08	0.17	0.05	1.26	1.01	(1.24)	2.19	(1.84)	7.52
CPLE5	2.20	(0.06)	0.00	0.35	0.00	0.00	4.55	(8.33)	31.27
RAPT3	1.25	0.03	(0.06)	(0.63)	1.67	(1.28)	2.39	(2.66)	10.20
DASA3	2.45	(0.61)	0.00	(1.42)	0.00	0.00	3.90	(5.29)	14.36

Be your own money manager

Our tools can tell you how much better you can do entering a position in Healthpeak Properties 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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Healthpeak Properties Corporate Management

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

Jeffrey Miller	G Counsel	Profile
Adam Mabry	Chief Officer	Profile
Andrew CFA	VP Relations	Profile
Scott Brinker	Pres CEO	Profile
Peter Scott	Chief Officer	Profile
Ankit Patadia	Sr Treasurer	Profile
Lisa Alonso	Ex Officer	Profile

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