Urstadt Biddle Correlations

Summary

UBPDelisted Stock

USD 22.50 0.20 0.88%

The current 90-days correlation between Urstadt Biddle and Saul Centers is -0.03 (i.e., Good diversification). The correlation of Urstadt Biddle 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.

Urstadt Biddle Correlation With Market

Significant diversification

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

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Moving together with Urstadt Stock

0.91	SSNLF	Samsung Electronics	Pair Corr
0.9	PTAIF	PT Astra International	Pair Corr
0.83	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.8	WMT	Walmart Aggressive Push	Pair Corr
0.78	HD	Home Depot	Pair Corr
0.75	DIS	Walt Disney Sell-off Trend	Pair Corr
0.8	T	ATT Inc Fiscal Year End 22nd of January 2025	Pair Corr
0.78	HPQ	HP Inc	Pair Corr
0.79	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.79	BAC	Bank of America Aggressive Push	Pair Corr
0.81	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.92	CSCO	Cisco Systems Sell-off Trend	Pair Corr

Moving against Urstadt Stock

0.89	MRK	Merck Company Fiscal Year End 6th of February 2025	Pair Corr
0.82	BKRKF	PT Bank Rakyat	Pair Corr
0.81	PPERF	Bank Mandiri Persero	Pair Corr
0.81	TLK	Telkom Indonesia Tbk	Pair Corr
0.8	PPERY	Bank Mandiri Persero	Pair Corr
0.69	TUXS	Tuxis	Pair Corr
0.51	PBCRY	Bank Central Asia	Pair Corr
0.47	PTAIY	Astra International Tbk	Pair Corr
0.33	PBCRF	PT Bank Central	Pair Corr

Related Correlations Analysis

	REG	BFS	ROIC	RPT	AKR	UE	KRG	UBA	KIM	BRX
REG		0.21	0.59	0.44	0.43	0.55	0.78	0.23	0.75	0.71	REG
BFS	0.21		0.31	0.08	0.19	0.22	0.42	0.12	0.19	0.28	BFS
ROIC	0.59	0.31		0.85	0.83	0.92	0.91	0.76	0.89	0.91	ROIC
RPT	0.44	0.08	0.85		0.93	0.89	0.7	0.92	0.89	0.83	RPT
AKR	0.43	0.19	0.83	0.93		0.94	0.72	0.93	0.88	0.8	AKR
UE	0.55	0.22	0.92	0.89	0.94		0.84	0.85	0.92	0.86	UE
KRG	0.78	0.42	0.91	0.7	0.72	0.84		0.57	0.89	0.92	KRG
UBA	0.23	0.12	0.76	0.92	0.93	0.85	0.57		0.74	0.71	UBA
KIM	0.75	0.19	0.89	0.89	0.88	0.92	0.89	0.74		0.93	KIM
BRX	0.71	0.28	0.91	0.83	0.8	0.86	0.92	0.71	0.93		BRX
	REG	BFS	ROIC	RPT	AKR	UE	KRG	UBA	KIM	BRX

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Risk-Adjusted Indicators

There is a big difference between Urstadt Stock performing well and Urstadt Biddle 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 Urstadt Biddle'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 Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
REG	0.75	0.08	(0.01)	0.64	0.85	(0.81)	1.32	(1.68)	4.55
BFS	0.89	(0.04)	(0.08)	0.04	1.02	(0.93)	2.05	(1.43)	4.79
ROIC	0.85	0.10	0.06	0.29	0.66	(1.00)	1.93	(1.37)	9.01
RPT	1.41	0.30	0.11	(1.53)	1.25	(1.64)	3.38	(2.21)	8.44
AKR	0.83	0.18	0.11	0.46	0.75	(0.88)	1.97	(1.64)	4.62
UE	0.81	0.12	0.06	0.37	0.79	(0.90)	1.78	(1.57)	4.48
KRG	0.78	0.07	0.00	0.31	0.83	(0.81)	1.56	(1.50)	4.33
UBA	1.26	0.41	0.28	2.24	0.66	(1.57)	2.38	(1.68)	20.63
KIM	0.83	0.14	0.05	0.69	0.86	(0.96)	1.64	(1.67)	4.88
BRX	0.70	0.14	0.06	0.72	0.68	(0.83)	1.94	(1.47)	4.59

Urstadt Biddle Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Urstadt Biddle stock to make a market-neutral strategy. Peer analysis of Urstadt Biddle could also be used in its relative valuation, which is a method of valuing Urstadt Biddle by comparing valuation metrics with similar companies.

Regency Centers Saul Centers Retail Opportunity Investments RPT Realty Acadia Realty Trust Urban Edge Properties Kite Realty Group Urstadt Biddle Properties Kimco Realty Brixmor Property Saul Centers Saul Centers Site Centers Corp Inventrust Properties Corp American Airlines Group

Risk & Return

Correlation

Still Interested in Urstadt Biddle?

Investing in delisted delisted stocks can be risky, as the stock is no longer traded on a public exchange and can therefore be difficult to sell. Delisting typically occurs when a company has failed to meet exchange requirements or has been acquired. Before investing, it's important to thoroughly research the company, including its financial health and prospects for the future, as well as the reasons for its delisting. Additionally, it may be difficult to find accurate and up-to-date information on the company and its stock.

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