Aggregated price index with volume information
Summary:
- Real Estate Investment Trusts stocks down 0.1% on average while median return down 0.1% in a day
- Real Estate Investment Trusts stocks down 1.9% on average while median return down 1.9% in a week
- Real Estate Investment Trusts stocks up 2.0% on average while median return up -1.3% in a month
- When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.
Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.
- 1M winners are : Winners for past month are $DOC 52.5%, $TRTX 36.8%, $SACH 25.6%, $OUT 20.4%, $UNIT 17.2%
- 1M losers are : Losers for past month are $SVC -17.4%, $AHT -20.0%, $DHC -22.2%, $BHR -24.1%, $OPI -51.0%
- 1W winners are : Winners for past week are $SACH 13.7%, $HCP 9.8%, $RHE 8.6%, $GEO 8.2%, $EARN 4.3%
- 1W losers are : Losers for past week are $BHR -8.4%, $NREF -8.5%, $UHT -8.8%, $IHT -9.5%, $DHC -10.7%
Correlation Analysis
Index correlation analysis
Correlation for the past month is 24.5%, for the past 3 months is 35.3%
In the past month for a 5 days rolling window, the highest corrrelation is 63.4%, the lowest correlation is 6.7%, the latest correlation is 34.5%
When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.
Among pairwise correlation, the highest correlation is 86.4% between AGNC and ARR
The lowest correlation is -43.7% between AAIC and AAT
WEST PALM BEACH, Fla., March 18, 2024 (GLOBE NEWSWIRE) -- LXP Industrial Trust (“LXP”) (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that it declared a regular common share dividend for the quarter ending March 31, 2024 of $0.13 per common share payable on or about April 15, 2024 to common shareholders of record as of March 28, 2024. LXP also declared a cash dividend of $0.8125 per share of Series C Cumulative Conv
MALVERN, Pa., March 18, 2024 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.51 per common share for the period ending March 31, 2024. The dividend is payable on April 15, 2024 to common shareholders of record on April 1, 2024. About the Company CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,467 self-storage properties across the United States. According to the 2
Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.32 per common share for the first quarter of 2024. The first quarter dividend will be payable on April 15, 2024 to common shareholders of record on April 4, 2024.
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