VICI Properties Correlations

VICI Stock

USD 32.60 0.22 0.68%

The current 90-days correlation between VICI Properties and W P Carey is 0.64 (i.e., Poor diversification). The correlation of VICI 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.

VICI Properties Correlation With Market

Good diversification

The correlation between VICI 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 VICI Properties 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 VICI Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

For more detail on how to invest in VICI Stock please use our How to Invest in VICI Properties guide.

Moving together with VICI Stock

0.79	O	Realty Income	Pair Corr
0.88	FR	First Industrial Realty	Pair Corr
0.76	FCPT	Four Corners Property	Pair Corr
0.65	AIV	Apartment Investment and	Pair Corr
0.77	AMH	American Homes 4	Pair Corr
0.9	AMT	American Tower Corp	Pair Corr
0.73	ARE	Alexandria Real Estate	Pair Corr
0.72	BNL	Broadstone Net Lease	Pair Corr
0.86	CCI	Crown Castle Fiscal Year End 22nd of January 2025	Pair Corr
0.77	CIO	City Office	Pair Corr

Moving against VICI Stock

0.73	UE	Urban Edge Properties	Pair Corr
0.65	AKR	Acadia Realty Trust	Pair Corr
0.58	WELL	Welltower	Pair Corr
0.47	EQIX	Equinix	Pair Corr
0.47	AHR	American Healthcare REIT,	Pair Corr
0.38	AAT	American Assets Trust	Pair Corr
0.33	PK	Park Hotels Resorts	Pair Corr
0.75	FPI	Farmland Partners	Pair Corr
0.65	DLR	Digital Realty Trust	Pair Corr
0.61	FSP	Franklin Street Prop	Pair Corr
0.58	DEI	Douglas Emmett	Pair Corr
0.55	CUZ	Cousins Properties	Pair Corr
0.54	DRH	Diamondrock Hospitality Sell-off Trend	Pair Corr
0.53	CDP	COPT Defense Properties	Pair Corr
0.48	CTO	CTO Realty Growth	Pair Corr
0.44	FPH	Five Point Holdings	Pair Corr
0.41	BRX	Brixmor Property	Pair Corr

Related Correlations Analysis

	BNL	SRC	AHH	BRSP	SAFE	EPRT	CTO	RTL	GOOD
BNL		-0.5	0.3	-0.66	0.84	0.21	-0.47	-0.62	-0.56	BNL
SRC	-0.5		-0.43	0.5	-0.7	0.38	0.41	0.81	0.69	SRC
AHH	0.3	-0.43		0.02	0.46	-0.11	-0.17	-0.56	-0.44	AHH
BRSP	-0.66	0.5	0.02		-0.57	0.18	0.39	0.3	0.52	BRSP
SAFE	0.84	-0.7	0.46	-0.57		0.15	-0.51	-0.84	-0.56	SAFE
EPRT	0.21	0.38	-0.11	0.18	0.15		0.19	0.08	0.49	EPRT
CTO	-0.47	0.41	-0.17	0.39	-0.51	0.19		0.45	0.72	CTO
RTL	-0.62	0.81	-0.56	0.3	-0.84	0.08	0.45		0.6	RTL
GOOD	-0.56	0.69	-0.44	0.52	-0.56	0.49	0.72	0.6		GOOD
	BNL	SRC	AHH	BRSP	SAFE	EPRT	CTO	RTL	GOOD

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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

SAFE	+ 0.84	BNL
RTL	+ 0.81	SRC
GOOD	+ 0.72	CTO
GOOD	+ 0.69	SRC
GOOD	+ 0.6	RTL
GOOD	+ 0.52	BRSP

High negative correlations

RTL	- 0.84	SAFE
SAFE	- 0.7	SRC
BRSP	- 0.66	BNL
RTL	- 0.62	BNL
SAFE	- 0.57	BRSP
GOOD	- 0.56	SAFE

Risk-Adjusted Indicators

There is a big difference between VICI Stock performing well and VICI 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 VICI 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
BNL	0.74	(0.09)	0.00	(0.14)	0.00	0.00	1.46	(1.71)	5.03
SRC	0.97	0.19	0.04	(1.05)	0.98	(1.06)	2.34	(1.72)	6.41
AHH	1.00	(0.17)	0.00	(0.43)	0.00	0.00	1.49	(1.74)	10.29
BRSP	1.39	0.11	0.04	0.27	1.45	(1.54)	2.31	(2.74)	22.56
SAFE	1.40	(0.32)	0.00	(2.77)	0.00	0.00	2.45	(3.71)	7.91
EPRT	0.84	0.10	0.01	0.65	0.99	(0.89)	1.67	(1.77)	4.84
CTO	1.14	0.14	0.02	1.01	2.20	(1.20)	2.25	(1.39)	19.07
RTL	2.22	0.50	0.15	(5.36)	2.16	(2.64)	4.13	(3.45)	25.27
GOOD	0.90	0.21	0.15	0.65	0.65	(1.15)	1.91	(1.58)	8.00

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