Realty Income Correlations

O Stock

USD 61.75 0.28 0.46%

The current 90-days correlation between Realty Income and Kimco Realty is 0.55 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Realty Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Realty Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Realty Income Correlation With Market

Significant diversification

The correlation between Realty Income and DJI is 0.03 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Realty Income and DJI in the same portfolio, assuming nothing else is changed.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Realty Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Realty Stock, please use our How to Invest in Realty Income guide.

Moving together with Realty Stock

0.83	FR	First Industrial Realty Earnings Call This Week	Pair Corr
0.65	HR	Healthcare Realty Trust	Pair Corr
0.84	UE	Urban Edge Properties	Pair Corr
0.65	WY	Weyerhaeuser Fiscal Year End 23rd of January 2025	Pair Corr
0.95	VICI	VICI Properties	Pair Corr
0.9	ELME	Elme Communities Potential Growth	Pair Corr
0.75	EPRT	Essential Properties	Pair Corr
0.78	EQIX	Equinix	Pair Corr
0.95	WELL	Welltower	Pair Corr
0.84	FCPT	Four Corners Property	Pair Corr
0.86	AAT	American Assets Trust	Pair Corr
0.97	ADC	Agree Realty	Pair Corr
0.84	AHR	American Healthcare REIT,	Pair Corr
0.95	AKR	Acadia Realty Trust	Pair Corr
0.81	AMH	American Homes 4	Pair Corr
0.86	AMT	American Tower Corp	Pair Corr
0.87	AVB	AvalonBay Communities	Pair Corr
0.77	BDN	Brandywine Realty Trust	Pair Corr
0.79	BFS	Saul Centers	Pair Corr
0.83	BNL	Broadstone Net Lease	Pair Corr
0.93	BRX	Brixmor Property	Pair Corr
0.79	BXP	Boston Properties	Pair Corr
0.9	CCI	Crown Castle Earnings Call This Week	Pair Corr
0.87	CDP	COPT Defense Properties	Pair Corr

Moving against Realty Stock

0.72	AHT	Ashford Hospitality Trust	Pair Corr
0.61	WHLR	Wheeler Real Estate	Pair Corr
0.62	FPI	Farmland Partners	Pair Corr
0.51	BHR	Braemar Hotel Resorts	Pair Corr

Related Correlations Analysis

	FRT	MAC	NNN	KIM	ADC	SPG	AKR	WSR	REG	NTST
FRT		0.19	0.82	0.89	0.88	0.71	0.82	-0.44	0.93	0.28	FRT
MAC	0.19		0.54	0.51	0.38	0.71	0.58	0.34	0.32	0.21	MAC
NNN	0.82	0.54		0.92	0.94	0.85	0.9	-0.37	0.92	0.25	NNN
KIM	0.89	0.51	0.92		0.93	0.91	0.94	-0.34	0.95	0.27	KIM
ADC	0.88	0.38	0.94	0.93		0.82	0.94	-0.52	0.97	0.07	ADC
SPG	0.71	0.71	0.85	0.91	0.82		0.92	-0.19	0.81	0.16	SPG
AKR	0.82	0.58	0.9	0.94	0.94	0.92		-0.31	0.9	0.05	AKR
WSR	-0.44	0.34	-0.37	-0.34	-0.52	-0.19	-0.31		-0.54	0.17	WSR
REG	0.93	0.32	0.92	0.95	0.97	0.81	0.9	-0.54		0.16	REG
NTST	0.28	0.21	0.25	0.27	0.07	0.16	0.05	0.17	0.16		NTST
	FRT	MAC	NNN	KIM	ADC	SPG	AKR	WSR	REG	NTST

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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

REG	+ 0.97	ADC
REG	+ 0.95	KIM
ADC	+ 0.94	NNN
AKR	+ 0.94	KIM
AKR	+ 0.94	ADC
REG	+ 0.93	FRT

High negative correlations

REG	- 0.54	WSR
WSR	- 0.52	ADC
WSR	- 0.44	FRT
WSR	- 0.37	NNN
WSR	- 0.34	KIM
WSR	- 0.31	AKR

Risk-Adjusted Indicators

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

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
FRT	0.86	0.06	0.03	0.19	0.83	(1.07)	2.26	(1.98)	5.17
MAC	1.61	0.10	0.07	0.15	2.01	(1.79)	3.24	(3.85)	8.76
NNN	0.71	0.16	0.10	4.36	0.55	(0.86)	1.74	(1.24)	5.20
KIM	0.97	0.16	0.11	0.29	0.94	(1.12)	2.14	(2.00)	6.52
ADC	0.73	0.26	0.23	12.58	0.36	(0.89)	1.81	(0.95)	4.72
SPG	1.03	0.11	0.07	0.20	1.29	(1.13)	2.26	(2.00)	8.56
AKR	0.94	0.24	0.21	0.35	0.74	(1.06)	2.40	(1.43)	6.72
WSR	1.13	(0.01)	0.00	0.09	1.14	(1.48)	2.57	(2.09)	7.01
REG	0.93	0.14	0.08	0.38	0.93	(1.06)	2.02	(1.82)	5.93
NTST	0.95	(0.04)	0.00	(0.09)	0.00	0.00	1.93	(2.12)	7.16

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