Public Storage Correlations

Public Storage Correlation With Market

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Public Stock refer to our How to Trade Public Stock guide.

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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    CUBE + 0.94 EXR PLD + 0.89 EXR CUBE + 0.88 PLD STAG + 0.87 CUBE BXP + 0.87 STAG STAG + 0.86 PLD

High negative correlations    BXP - 0.15 EQR EQR - 0.1 STAG

Risk-Adjusted Indicators

There is a big difference between Public Stock performing well and Public Storage 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 Public Storage'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.