Sotherly Hotels Correlations

SOHOB Stock  USD 17.29  0.28  1.65%   
The current 90-days correlation between Sotherly Hotels Series and Chatham Lodging Trust is 0.02 (i.e., Significant diversification). The correlation of Sotherly Hotels 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.

Sotherly Hotels Correlation With Market

Significant diversification

The correlation between Sotherly Hotels Series and DJI is 0.09 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sotherly Hotels Series 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 Series. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Sotherly Stock refer to our How to Trade Sotherly Stock guide.

Moving together with Sotherly Stock

  0.69PEB-PH Pebblebrook Hotel TrustPairCorr
  0.68PEB-PF Pebblebrook Hotel TrustPairCorr
  0.67PEB-PG Pebblebrook Hotel TrustPairCorr
  0.68PEB-PE Pebblebrook Hotel TrustPairCorr
  0.68SOHON Sotherly Hotels PRPairCorr
  0.68SOHO Sotherly HotelsPairCorr

Moving against Sotherly Stock

  0.65AHT Ashford Hospitality TrustPairCorr
  0.58IHT InnSuites HospitalityPairCorr
  0.57RLJ RLJ Lodging TrustPairCorr
  0.55PK Park Hotels ResortsPairCorr
  0.53BHR Braemar Hotel ResortsPairCorr
  0.43PEB Pebblebrook Hotel TrustPairCorr
  0.71OZ Belpointe PREP LLCPairCorr
  0.53CLDT Chatham Lodging TrustPairCorr
  0.47APLE Apple Hospitality REITPairCorr
  0.36DX Dynex CapitalPairCorr
  0.36HR Healthcare Realty TrustPairCorr
  0.35RC Ready Capital CorpPairCorr

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   
CLDTRLJ
XHRDRH
RHPXHR
RHPDRH
PKRLJ
HSTDRH
  
High negative correlations   
XHRHT
HSTHT
RHPHT
SHOHT
HTDRH

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.

Sotherly Hotels Corporate Management

Anthony CPASecretary VPProfile
Ashley KirklandCorporate OfficerProfile
Lindsay NewportVP MarketingProfile
David CPACorporate ControllerProfile
Teresa MoranAccounting ManagerProfile
Scott KucinskiIR Contact OfficerProfile