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.
Sotherly |
Moving together with Sotherly Stock
0.69 | PEB-PH | Pebblebrook Hotel Trust | PairCorr |
0.68 | PEB-PF | Pebblebrook Hotel Trust | PairCorr |
0.67 | PEB-PG | Pebblebrook Hotel Trust | PairCorr |
0.68 | PEB-PE | Pebblebrook Hotel Trust | PairCorr |
0.68 | SOHON | Sotherly Hotels PR | PairCorr |
0.68 | SOHO | Sotherly Hotels | PairCorr |
Moving against Sotherly Stock
0.65 | AHT | Ashford Hospitality Trust | PairCorr |
0.58 | IHT | InnSuites Hospitality | PairCorr |
0.57 | RLJ | RLJ Lodging Trust | PairCorr |
0.55 | PK | Park Hotels Resorts | PairCorr |
0.53 | BHR | Braemar Hotel Resorts | PairCorr |
0.43 | PEB | Pebblebrook Hotel Trust | PairCorr |
0.71 | OZ | Belpointe PREP LLC | PairCorr |
0.53 | CLDT | Chatham Lodging Trust | PairCorr |
0.47 | APLE | Apple Hospitality REIT | PairCorr |
0.36 | DX | Dynex Capital | PairCorr |
0.36 | HR | Healthcare Realty Trust | PairCorr |
0.35 | RC | Ready Capital Corp | PairCorr |
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
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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 | ||
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RLJ | 1.20 | 0.09 | 0.08 | 0.21 | 1.10 | 4.27 | 9.84 | |||
DRH | 1.16 | 0.03 | 0.06 | 0.15 | 1.14 | 3.76 | 9.19 | |||
CLDT | 1.44 | 0.06 | 0.10 | 0.17 | 1.15 | 3.37 | 11.57 | |||
HT | 1.39 | (0.06) | 0.00 | 0.35 | 0.00 | 3.28 | 9.17 | |||
XHR | 1.41 | 0.03 | 0.08 | 0.15 | 1.26 | 3.91 | 10.21 | |||
HST | 0.89 | 0.05 | 0.03 | 0.18 | 1.03 | 2.29 | 6.68 | |||
PK | 1.31 | (0.02) | 0.02 | 0.12 | 1.29 | 2.99 | 10.98 | |||
SHO | 1.25 | 0.15 | 0.13 | 0.25 | 1.03 | 3.75 | 8.52 | |||
RHP | 0.99 | 0.14 | 0.14 | 0.26 | 0.68 | 1.94 | 7.06 |
Sotherly Hotels Corporate Management
Anthony CPA | Secretary VP | Profile | |
Ashley Kirkland | Corporate Officer | Profile | |
Lindsay Newport | VP Marketing | Profile | |
David CPA | Corporate Controller | Profile | |
Teresa Moran | Accounting Manager | Profile | |
Scott Kucinski | IR Contact Officer | Profile |