Prologis Correlations

Prologis Correlation With Market

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

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 EXR + 0.93 PSA PSA + 0.79 AMT DLR + 0.79 EQIX DLR + 0.78 PSA DLR + 0.72 AMT EQIX + 0.67 PSA

High negative correlations SPG - 0.74 DLR EQIX - 0.71 WELL EXR - 0.68 WELL PSA - 0.61 WELL SPG - 0.58 PSA SPG - 0.58 AMT

Risk-Adjusted Indicators

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