Sotherly Hotels Correlations

SOHO Stock

USD 0.92 0.04 4.17%

The current 90-days correlation between Sotherly Hotels and Chatham Lodging Trust is 0.1 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sotherly Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sotherly Hotels moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Sotherly Hotels Correlation With Market

Average diversification

The correlation between Sotherly Hotels and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sotherly Hotels 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 Sotherly Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in Sotherly Stock, please use our How to Invest in Sotherly Hotels guide.

Moving against Sotherly Stock

0.51	ADC	Agree Realty	Pair Corr
0.44	EQIX	Equinix	Pair Corr
0.43	AHT	Ashford Hospitality Trust	Pair Corr
0.41	AHR	American Healthcare REIT,	Pair Corr
0.36	WELL	Welltower	Pair Corr
0.35	PK	Park Hotels Resorts	Pair Corr
0.35	UE	Urban Edge Properties	Pair Corr
0.66	BRT	BRT Realty Trust	Pair Corr
0.62	BRX	Brixmor Property	Pair Corr
0.55	BHR	Braemar Hotel Resorts	Pair Corr
0.46	FPI	Farmland Partners	Pair Corr
0.38	DLR	Digital Realty Trust	Pair Corr

Related Correlations Analysis

	INN	DRH	RLJ	HT	CLDT	XHR	SOHOO	SVC
INN		0.22	0.32	-0.17	0.32	0.33	0.33	0.67	INN
DRH	0.22		0.78	0.1	0.8	0.94	-0.25	-0.48	DRH
RLJ	0.32	0.78		0.33	0.96	0.74	-0.3	-0.39	RLJ
HT	-0.17	0.1	0.33		0.36	-0.07	-0.22	-0.25	HT
CLDT	0.32	0.8	0.96	0.36		0.73	-0.22	-0.35	CLDT
XHR	0.33	0.94	0.74	-0.07	0.73		-0.2	-0.37	XHR
SOHOO	0.33	-0.25	-0.3	-0.22	-0.22	-0.2		0.57	SOHOO
SVC	0.67	-0.48	-0.39	-0.25	-0.35	-0.37	0.57		SVC
	INN	DRH	RLJ	HT	CLDT	XHR	SOHOO	SVC

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

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

CLDT	+ 0.96	RLJ
XHR	+ 0.94	DRH
CLDT	+ 0.8	DRH
RLJ	+ 0.78	DRH
XHR	+ 0.74	RLJ
XHR	+ 0.73	CLDT

High negative correlations

SVC	- 0.48	DRH
SVC	- 0.39	RLJ
SVC	- 0.37	XHR
SVC	- 0.35	CLDT
SOHOO	- 0.3	RLJ
SVC	- 0.25	HT

Risk-Adjusted Indicators

There is a big difference between Sotherly Stock performing well and Sotherly Hotels 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 Sotherly Hotels' 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
INN	1.41	(0.19)	(0.08)	(0.01)	1.62	(1.60)	3.37	(2.41)	10.45
DRH	1.14	(0.06)	0.00	0.08	1.26	(1.26)	2.25	(2.27)	9.19
RLJ	1.14	0.03	0.03	0.14	1.20	(1.26)	2.42	(1.91)	9.84
HT	1.39	(0.09)	0.00	2.11	0.00	0.00	3.28	(2.58)	9.17
CLDT	1.41	(0.02)	0.03	0.10	1.30	(1.83)	3.30	(2.16)	11.57
XHR	1.37	(0.01)	0.04	0.11	1.37	(1.75)	3.73	(2.64)	10.21
SOHOO	0.80	(0.06)	0.00	(0.06)	0.00	0.00	2.23	(2.89)	7.20
SVC	2.88	(0.90)	0.00	(0.39)	0.00	0.00	5.02	(5.79)	23.10

Sotherly Hotels Corporate Management

Anthony CPA	Secretary VP	Profile
Scott Kucinski	VP of Operations and Investor Relations	Profile
Ashley Kirkland	Corporate Officer	Profile
Lindsay Newport	VP Marketing	Profile
David CPA	Corporate Controller	Profile
Teresa Moran	Accounting Manager	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC