Corporate Office Correlations
| WX7 Stock | EUR 30.80 0.20 0.65% |
The current 90-days correlation between Corporate Office Pro and Superior Plus Corp is 0.16 (i.e., Average diversification). The correlation of Corporate Office 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.
Corporate Office Correlation With Market
Weak diversification
The correlation between Corporate Office Properties and DJI is 0.32 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Corporate Office Properties and DJI in the same portfolio, assuming nothing else is changed.
Corporate |
The ability to find closely correlated positions to Corporate Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Corporate Office when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Corporate Office - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Corporate Office Properties to buy it.
Moving together with Corporate Stock
| 0.83 | FQI | Digital Realty Trust | PairCorr |
| 0.87 | GEI | SL Green Realty | PairCorr |
| 0.91 | KRC | Kilroy Realty Corp | PairCorr |
| 0.92 | VO7 | Vornado Realty Trust | PairCorr |
| 0.87 | SIX2 | Sixt SE | PairCorr |
| 0.64 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.64 | E908 | Lyxor 1 | PairCorr |
Moving against Corporate Stock
| 0.82 | JUA | Japan Real Estate | PairCorr |
| 0.75 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.74 | BYRA | PT Bank Rakyat | PairCorr |
| 0.69 | DBPD | Xtrackers ShortDAX | PairCorr |
| 0.64 | BYRA | BANK RAKYAT IND | PairCorr |
| 0.63 | PQ9 | BANK MANDIRI | PairCorr |
| 0.6 | GI6A | Gecina SA | PairCorr |
| 0.6 | HSC2 | Inmobiliaria Colonial | PairCorr |
| 0.6 | PQ9 | BANK MANDIRI | PairCorr |
| 0.53 | BYRA | PT Bank Rakyat | PairCorr |
| 0.51 | PQ9 | PT Bank Mandiri | 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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Corporate Stock performing well and Corporate Office 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 Corporate Office'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 8SP | 2.07 | (0.11) | 0.00 | 0.59 | 0.00 | 3.36 | 20.22 | |||
| 6NM | 1.25 | 0.02 | (0.01) | 0.14 | 1.73 | 2.89 | 9.64 | |||
| 39O1 | 3.53 | 0.06 | (0.01) | 0.49 | 3.52 | 8.41 | 24.06 | |||
| 2DG | 4.16 | (1.39) | 0.00 | (0.70) | 0.00 | 7.14 | 52.42 | |||
| TM9 | 2.82 | 0.01 | 0.00 | 0.09 | 0.00 | 5.56 | 36.50 | |||
| TLX | 0.96 | (0.05) | (0.09) | 0.01 | 1.14 | 2.67 | 7.58 | |||
| INVN | 2.13 | 0.15 | 0.06 | 0.26 | 2.41 | 5.61 | 14.01 | |||
| NOH1 | 2.13 | 0.19 | 0.07 | 0.37 | 1.95 | 6.61 | 12.96 | |||
| INL | 2.52 | 0.28 | 0.10 | 0.41 | 2.33 | 6.80 | 13.89 | |||
| TAX | 0.96 | 0.10 | (0.01) | (3.04) | 1.04 | 2.78 | 9.59 |
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Corporate Office Corporate Management
Elected by the shareholders, the Corporate Office's board of directors comprises two types of representatives: Corporate Office inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corporate. The board's role is to monitor Corporate Office's management team and ensure that shareholders' interests are well served. Corporate Office's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Corporate Office's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Catherine Ward | VP Leasing | Profile | |
| Todd Hartman | Ex COO | Profile | |
| Gregory Thor | VP Officer | Profile | |
| Holly Edington | VP HR | Profile | |
| Judson Williams | Sr Devel | Profile |