| ADC Stock | | | USD 73.84 0.47 0.64% |
The current 90-days correlation between Agree Realty and Site Centers Corp is -0.01 (i.e., Good diversification). The correlation of Agree Realty 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.
Agree Realty Correlation With Market
Significant diversification
The correlation between Agree Realty and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Agree Realty and DJI in the same portfolio, assuming nothing else is changed.
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