| AKR Stock | | | USD 25.22 0.22 0.88% |
The current 90-days correlation between Acadia Realty Trust and Site Centers Corp is -0.11 (i.e., Good diversification). The correlation of Acadia 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. If the correlation is 0, the equities are not correlated; they are entirely random.
Acadia Realty Correlation With Market
Very weak diversification
The correlation between Acadia Realty Trust and DJI is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Acadia Realty Trust and DJI in the same portfolio, assuming nothing else is changed.
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Moving together with Acadia Stock
Moving against Acadia Stock
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Acadia Realty Corporate Management