Prologis Correlations

PLD Stock

USD 137.28 0.33 0.24%

The current 90-days correlation between Prologis and Welltower is -0.04 (i.e., Good diversification). The correlation of Prologis 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.

Prologis Correlation With Market

Poor diversification

The correlation between Prologis and DJI is 0.78 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Prologis and DJI in the same portfolio, assuming nothing else is changed.

Build AI portfolio with Prologis Stock

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 board of governors.

For information on how to trade Prologis Stock refer to our How to Trade Prologis Stock guide.

Moving together with Prologis Stock

0.62	HOT-U	American Hotel Income	Pair Corr
0.67	DIR-UN	Dream Industrial Real Earnings Call This Week	Pair Corr
0.83	CAT	Caterpillar	Pair Corr
0.78	DD	Dupont De Nemours	Pair Corr
0.9	WMT	Walmart Common Stock Aggressive Push	Pair Corr
0.83	JNJ	Johnson Johnson	Pair Corr
0.73	XOM	Exxon Mobil Corp Aggressive Push	Pair Corr
0.69	INTC	Intel	Pair Corr
0.68	MCD	McDonalds	Pair Corr
0.84	MRK	Merck Company Aggressive Push	Pair Corr

Moving against Prologis Stock

0.72	OPINL	Office Properties Income	Pair Corr
0.72	ORGN	Origin Materials	Pair Corr
0.67	FSP	Franklin Street Prop Earnings Call This Week	Pair Corr
0.81	MSFT	Microsoft	Pair Corr

Related Correlations Analysis

	WELL	AMT	PSA	EQIX	EXR	DLR	EGP	SPG
WELL		0.2	-0.19	-0.59	-0.44	-0.08	-0.17	-0.36	WELL
AMT	0.2		0.02	-0.06	-0.09	0.05	-0.31	-0.39	AMT
PSA	-0.19	0.02		0.6	0.87	0.57	0.58	0.37	PSA
EQIX	-0.59	-0.06	0.6		0.56	0.75	0.26	0.47	EQIX
EXR	-0.44	-0.09	0.87	0.56		0.31	0.71	0.51	EXR
DLR	-0.08	0.05	0.57	0.75	0.31		0.1	0.3	DLR
EGP	-0.17	-0.31	0.58	0.26	0.71	0.1		0.69	EGP
SPG	-0.36	-0.39	0.37	0.47	0.51	0.3	0.69		SPG
	WELL	AMT	PSA	EQIX	EXR	DLR	EGP	SPG

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	+ 0.87	PSA
DLR	+ 0.75	EQIX
EGP	+ 0.71	EXR
SPG	+ 0.69	EGP
EQIX	+ 0.6	PSA
EGP	+ 0.58	PSA

High negative correlations

EQIX	- 0.59	WELL
EXR	- 0.44	WELL
SPG	- 0.39	AMT
SPG	- 0.36	WELL
EGP	- 0.31	AMT
PSA	- 0.19	WELL

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.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
WELL	0.92	0.11	0.02	7.28	1.22	(0.92)	1.78	(2.17)	4.97
AMT	1.05	0.00	0.00	0.08	0.00	0.00	2.16	(2.87)	6.45
PSA	1.21	0.01	0.00	0.10	1.28	(1.35)	2.84	(1.97)	6.57
EQIX	1.00	(0.01)	(0.02)	0.07	1.16	(1.10)	2.23	(2.06)	4.88
EXR	1.16	0.05	0.02	0.15	1.12	(1.33)	2.60	(2.01)	5.57
DLR	1.11	(0.01)	(0.03)	0.07	1.35	(1.16)	2.35	(2.43)	6.11
EGP	0.74	0.13	0.05	1.65	0.73	(0.84)	1.97	(1.34)	4.78
SPG	0.76	0.09	0.05	0.35	0.61	(0.93)	1.68	(1.36)	4.23

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC