Americold Realty Correlations

Stocks . USA . 
Stock . Americold Realty Trust
COLD Stock  USD 23.17  2.09  8.27%   
The current 90-days correlation between Americold Realty Trust and Terreno Realty is 0.4 (i.e., Very weak diversification). The correlation of Americold 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.

Americold Realty Correlation With Market

Significant diversification

The correlation between Americold Realty Trust and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Americold Realty Trust and DJI in the same portfolio, assuming nothing else is changed.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Americold Realty Trust. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with Americold Stock

  0.77EGP EastGroup PropertiesPairCorr
  0.69LXP LXP Industrial TrustPairCorr
  0.82RC Ready Capital CorpPairCorr
  0.73UK Ucommune InternationalPairCorr
  0.74AHT-PH Ashford Hospitality TrustPairCorr
  0.62AHT-PF Ashford Hospitality TrustPairCorr
  0.77AHT-PG Ashford Hospitality TrustPairCorr

Moving against Americold Stock

  0.77UE Urban Edge PropertiesPairCorr
  0.72EQIX EquinixPairCorr
  0.68RHP Ryman HospitalityPairCorr
  0.67SPG Simon Property GroupPairCorr
  0.59SBRA Sabra Healthcare REITPairCorr
  0.47HASI Hannon Armstrong SusPairCorr
  0.44OLP One Liberty PropertiesPairCorr
  0.39KRG Kite Realty GroupPairCorr
  0.37GTY Getty RealtyPairCorr
  0.32KW Kennedy Wilson HoldingsPairCorr
  0.32ADC-PA Agree RealtyPairCorr
  0.78NREF-PA NexPoint Real EstatePairCorr
  0.71CDR-PC Cedar Realty TrustPairCorr
  0.7MITT-PB AG Mortgage InvestmentPairCorr
  0.69MITT-PC AG Mortgage InvestmentPairCorr
  0.69WELL WelltowerPairCorr
  0.68CDR-PB Cedar Realty TrustPairCorr
  0.64BFS-PD Saul CentersPairCorr
  0.63VNO-PN Vornado Realty TrustPairCorr
  0.63VNO-PO Vornado Realty TrustPairCorr
  0.63MITT-PA AG Mortgage InvestmentPairCorr

Related Correlations Analysis

Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Risk-Adjusted Indicators

There is a big difference between Americold Stock performing well and Americold Realty 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 Americold Realty'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.

Americold Realty Corporate Management

Robert BassTrusteeProfile
George AlburgerIndependent TrusteeProfile
Thomas CPAChief VPProfile
Antonio FernandezIndependent TrusteeProfile
Andrew PowerIndependent TrusteeProfile
Kelly BarrettIndependent TrusteeProfile
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY