Prologis Correlations
| PLDGP Stock | USD 58.06 0.70 1.19% |
The current 90-days correlation between Prologis and Extra Space Storage is -0.01 (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. If the correlation is 0, the equities are not correlated; they are entirely random.
Prologis Correlation With Market
Good diversification
The correlation between Prologis and DJI is -0.15 (i.e., Good 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.
Prologis |
The ability to find closely correlated positions to Prologis could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Prologis when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Prologis - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Prologis to buy it.
Moving together with Prologis OTC Stock
Moving against Prologis OTC Stock
| 0.32 | MRVL | Marvell Technology Earnings Call This Week | PairCorr |
| 0.75 | HD | Home Depot | PairCorr |
| 0.71 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
| 0.69 | T | ATT Inc Aggressive Push | PairCorr |
| 0.67 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.6 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.59 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.57 | MCD | McDonalds Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.56 | DD | Dupont De Nemours Fiscal Year End 4th of February 2025 | PairCorr |
| 0.54 | WMT | Walmart Aggressive Push | PairCorr |
| 0.52 | VZ | Verizon Communications Aggressive Push | PairCorr |
| 0.45 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.43 | MSFT | Microsoft | PairCorr |
| 0.41 | XOM | Exxon Mobil Corp Sell-off Trend | PairCorr |
| 0.39 | ALAB | Astera Labs, Common Tech Boost | PairCorr |
| 0.39 | HPQ | HP Inc | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Prologis OTC Stock performing well and Prologis OTC Stock 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LXP | 0.88 | (0.09) | 0.00 | (1.93) | 0.00 | 1.76 | 7.57 | |||
| FR | 0.86 | (0.09) | 0.00 | (0.06) | 0.00 | 1.49 | 4.74 | |||
| PLYM | 1.12 | (0.36) | 0.00 | (5.39) | 0.00 | 1.28 | 10.73 | |||
| TRNO | 1.01 | (0.24) | 0.00 | (0.43) | 0.00 | 1.65 | 8.19 | |||
| REXR | 1.28 | (0.32) | 0.00 | (0.83) | 0.00 | 2.08 | 12.54 | |||
| EGP | 0.86 | (0.18) | 0.00 | (0.17) | 0.00 | 1.43 | 5.66 | |||
| EXR | 1.05 | (0.03) | 0.00 | 0.42 | 0.00 | 1.92 | 7.52 | |||
| CUBE | 0.95 | (0.01) | 0.00 | 0.16 | 0.00 | 2.23 | 7.82 | |||
| NSA | 1.10 | 0.00 | (0.08) | 0.11 | 1.48 | 2.03 | 6.48 | |||
| PSA | 1.07 | 0.05 | (0.06) | (0.30) | 1.50 | 2.31 | 7.24 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Prologis without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Diagnostics Now
Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
| All Next | Launch Module |
Prologis Corporate Management
Elected by the shareholders, the Prologis' board of directors comprises two types of representatives: Prologis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prologis. The board's role is to monitor Prologis' management team and ensure that shareholders' interests are well served. Prologis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prologis' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lori CPA | Chief MD | Profile | |
| Edward Nekritz | Chief Legal Officer , General Counsel, Secretary | Profile | |
| Thomas Olinger | Advisor | Profile | |
| Sineesh Keshav | Chief Officer | Profile | |
| Charles Sullivan | Chief Officer | Profile |