Americold Realty Correlations

COLD Stock

USD 22.02 0.18 0.82%

The current 90-days correlation between Americold Realty Trust and Rexford Industrial Realty is 0.51 (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

Average diversification

The correlation between Americold Realty Trust and DJI is 0.18 (i.e., Average 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

0.83	ARE	Alexandria Real Estate	Pair Corr
0.78	BXP	Boston Properties	Pair Corr
0.84	HIW	Highwoods Properties Earnings Call This Week	Pair Corr
0.81	HPP	Hudson Pacific Properties Buyout Trend	Pair Corr
0.78	PDM	Piedmont Office Realty Earnings Call This Week	Pair Corr
0.61	SLG	SL Green Realty	Pair Corr
0.91	O	Realty Income	Pair Corr
0.63	FR	First Industrial Realty Earnings Call This Week	Pair Corr
0.7	WY	Weyerhaeuser	Pair Corr
0.81	ADC-PA	Agree Realty	Pair Corr
0.69	VNO-PL	Vornado Realty Trust	Pair Corr
0.62	VNO-PM	Vornado Realty Trust	Pair Corr
0.61	VNO-PN	Vornado Realty Trust	Pair Corr
0.78	VNO-PO	Vornado Realty Trust	Pair Corr

Moving against Americold Stock

0.7	RLJ	RLJ Lodging Trust	Pair Corr
0.67	INN	Summit Hotel Properties	Pair Corr
0.61	SHO	Sunstone Hotel Investors	Pair Corr
0.51	CLDT	Chatham Lodging Trust	Pair Corr
0.49	DX	Dynex Capital	Pair Corr
0.37	PEB	Pebblebrook Hotel Trust Sell-off Trend	Pair Corr
0.33	DRH	Diamondrock Hospitality	Pair Corr
0.67	MITT-PC	AG Mortgage Investment	Pair Corr
0.36	CDR-PC	Cedar Realty Trust	Pair Corr

Related Correlations Analysis

	REXR	TRNO	FR	PLYM	INDT	LXP	EGP
REXR		0.31	0.81	0.75	-0.67	0.89	0.87	REXR
TRNO	0.31		0.52	-0.09	0.28	0.14	0.41	TRNO
FR	0.81	0.52		0.52	-0.41	0.77	0.94	FR
PLYM	0.75	-0.09	0.52		-0.91	0.85	0.69	PLYM
INDT	-0.67	0.28	-0.41	-0.91		-0.73	-0.6	INDT
LXP	0.89	0.14	0.77	0.85	-0.73		0.87	LXP
EGP	0.87	0.41	0.94	0.69	-0.6	0.87		EGP
	REXR	TRNO	FR	PLYM	INDT	LXP	EGP

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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

EGP	+ 0.94	FR
LXP	+ 0.89	REXR
EGP	+ 0.87	REXR
EGP	+ 0.87	LXP
LXP	+ 0.85	PLYM
FR	+ 0.81	REXR

High negative correlations

INDT	- 0.91	PLYM
LXP	- 0.73	INDT
INDT	- 0.67	REXR
EGP	- 0.6	INDT
INDT	- 0.41	FR
PLYM	- 0.09	TRNO

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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
REXR	1.31	(0.16)	0.00	(0.24)	0.00	0.00	2.50	(2.77)	8.75
TRNO	1.08	0.04	(0.01)	0.20	1.38	(1.13)	2.62	(2.30)	11.10
FR	1.04	(0.06)	0.00	(1.18)	0.00	0.00	2.30	(1.74)	6.33
PLYM	1.43	(0.32)	0.00	(1.64)	0.00	0.00	3.44	(3.37)	11.37
INDT	0.06	0.02	(1.05)	(0.92)	0.00	(0.08)	0.15	(0.08)	0.48
LXP	1.18	(0.22)	0.00	(0.31)	0.00	0.00	2.26	(2.70)	9.11
EGP	1.07	(0.10)	0.00	(39.97)	0.00	0.00	1.87	(1.94)	7.44

Americold Realty Corporate Management

Robert Bass	Trustee	Profile
George Alburger	Independent Trustee	Profile
Thomas CPA	Chief VP	Profile
Antonio Fernandez	Independent Trustee	Profile
Andrew Power	Independent Trustee	Profile

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