Correlation Between Douglas Emmett and Marti Technologies
Can any of the company-specific risk be diversified away by investing in both Douglas Emmett and Marti Technologies at the same time? Although using a correlation coefficient on its own may not help to predict future stock returns, this module helps to understand the diversifiable risk of combining Douglas Emmett and Marti Technologies into the same portfolio, which is an essential part of the fundamental portfolio management process.
By analyzing existing cross correlation between Douglas Emmett and Marti Technologies, you can compare the effects of market volatilities on Douglas Emmett and Marti Technologies and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Douglas Emmett with a short position of Marti Technologies. Check out your portfolio center. Please also check ongoing floating volatility patterns of Douglas Emmett and Marti Technologies.
Diversification Opportunities for Douglas Emmett and Marti Technologies
-0.21 | Correlation Coefficient |
Very good diversification
The 3 months correlation between Douglas and Marti is -0.21. Overlapping area represents the amount of risk that can be diversified away by holding Douglas Emmett and Marti Technologies in the same portfolio, assuming nothing else is changed. The correlation between historical prices or returns on Marti Technologies and Douglas Emmett is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Douglas Emmett are associated (or correlated) with Marti Technologies. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Marti Technologies has no effect on the direction of Douglas Emmett i.e., Douglas Emmett and Marti Technologies go up and down completely randomly.
Pair Corralation between Douglas Emmett and Marti Technologies
Considering the 90-day investment horizon Douglas Emmett is expected to under-perform the Marti Technologies. But the stock apears to be less risky and, when comparing its historical volatility, Douglas Emmett is 2.04 times less risky than Marti Technologies. The stock trades about -0.26 of its potential returns per unit of risk. The Marti Technologies is currently generating about 0.01 of returns per unit of risk over similar time horizon. If you would invest 239.00 in Marti Technologies on September 4, 2025 and sell it today you would lose (4.00) from holding Marti Technologies or give up 1.67% of portfolio value over 90 days.
| Time Period | 3 Months [change] |
| Direction | Moves Against |
| Strength | Insignificant |
| Accuracy | 100.0% |
| Values | Daily Returns |
Douglas Emmett vs. Marti Technologies
Performance |
| Timeline |
| Douglas Emmett |
| Marti Technologies |
Douglas Emmett and Marti Technologies Volatility Contrast
Predicted Return Density |
| Returns |
Pair Trading with Douglas Emmett and Marti Technologies
The main advantage of trading using opposite Douglas Emmett and Marti Technologies positions is that it hedges away some unsystematic risk. Because of two separate transactions, even if Douglas Emmett position performs unexpectedly, Marti Technologies can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marti Technologies will offset losses from the drop in Marti Technologies' long position.| Douglas Emmett vs. Zijin Mining Group | Douglas Emmett vs. RTG Mining | Douglas Emmett vs. Paiute Oil Mining | Douglas Emmett vs. Mako Mining Corp |
| Marti Technologies vs. Lattice Semiconductor | Marti Technologies vs. NXP Semiconductors NV | Marti Technologies vs. Orion Office Reit | Marti Technologies vs. Slate Office REIT |
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Complementary Tools
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |