| RIOCF Stock | | | USD 14.28 0.18 1.24% |
Riocan REIT competes with
Capital Counties,
Japan Metropolitan,
Unite Group,
Frasers Centrepoint, and
Smart REIT; as well as few others. The company classifies itself under
Equity Real Estate Investment Trusts (REITs) sector and is part of
Real Estate industry. Analyzing Riocan REIT competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Riocan REIT to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out
Riocan REIT Correlation with its peers.
Riocan REIT vs Aedifica Correlation
Poor diversification
The correlation between Riocan REIT and AEDFF is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Riocan REIT and AEDFF in the same portfolio, assuming nothing else is changed.