Alexanders Correlations

AXE Stock   220.00  12.00  5.77%   
The current 90-days correlation between Alexanders and Nishi Nippon Railroad Co is -0.02 (i.e., Good diversification).For tax-loss harvesting strategies, investors look for assets with high correlation to Alexanders so that positions can be swapped without meaningfully altering portfolio exposure.

Correlation With Market Overview: Alexanders

Significant diversification
Across the chosen horizon, AXE and DJI show a correlation of 0.08 and fall into the Significant diversification bucket. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
  
The correlation view summarizes how Alexanders aligns with comparable exposures. Wash sale rules may restrict substantially identical replacements in some jurisdictions; this view is informational only.

Moving together with Alexanders Stock

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Related Correlations Analysis


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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High negative correlations

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Risk-Adjusted Indicators

Evaluating Alexanders Stock requires separating price momentum from underlying business quality relative to competitors. Risk-adjusted metrics allow investors to compare Alexanders' efficiency and downside exposure against peers in a more meaningful way. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Be your own money manager

Serious investors usually evaluate Alexanders in portfolio context because a good security can still be a weak addition if it increases concentration or unnecessary volatility. A stronger allocation process asks what the position adds to the portfolio, not just what it might do on its own.

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Alexanders Corporate Management

Governance review matters for Alexanders because boards and executives shape oversight, strategic discipline, and how shareholder interests are represented. Institutions hold about 35.88% of shares while insiders own roughly 58.38%.