Realty Income Correlations
| RY6 Stock | EUR 55.27 0.24 0.43% |
The current 90-days correlation between Realty Income and Yancoal Australia is 0.09 (i.e., Significant diversification). The correlation of Realty Income 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.
Realty Income Correlation With Market
Poor diversification
The correlation between Realty Income and DJI is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Realty Income and DJI in the same portfolio, assuming nothing else is changed.
Realty |
The ability to find closely correlated positions to Realty Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Realty Income 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 Realty Income - 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 Realty Income to buy it.
Moving together with Realty Stock
| 0.79 | JMI | Deep Yellow Limited | PairCorr |
| 0.75 | FTD | FINDE TUBIZE ACTNOUV | PairCorr |
| 0.75 | HBC1 | HSBC Holdings plc | PairCorr |
| 0.78 | SII | Wheaton Precious Metals | PairCorr |
| 0.91 | TQI | TELECOM ITALIA | PairCorr |
| 0.67 | KGHA | KGHM Polska Miedz | PairCorr |
| 0.91 | GPT | Genuine Parts Earnings Call Tomorrow | PairCorr |
| 0.84 | KSB3 | KSB SE | PairCorr |
| 0.75 | PU7 | PulteGroup | PairCorr |
| 0.8 | G40 | GDS Holdings Limited | PairCorr |
| 0.83 | CWT | Curtiss Wright | PairCorr |
| 0.82 | TGE1 | MOBILEZONE N | PairCorr |
| 0.86 | 43C | CACTUS INC CLA | PairCorr |
| 0.83 | L3X | Centrais Elétricas Split | PairCorr |
| 0.61 | DG1 | DAWSON GEOPHYSICAL | PairCorr |
| 0.79 | SJ3 | Sherwin Williams | PairCorr |
| 0.92 | PPQ | PPG INDUSTRIES | PairCorr |
Moving against Realty Stock
| 0.67 | ABHA | HASEN IMMOBILIEN N | PairCorr |
| 0.59 | 3GRE | CHATHAM ROCK PHOSPHATE | PairCorr |
| 0.58 | DBPD | Xtrackers ShortDAX | PairCorr |
Related Correlations Analysis
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
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Risk-Adjusted Indicators
There is a big difference between Realty Stock performing well and Realty Income 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 Realty Income'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ABHA | 0.54 | (0.09) | 0.00 | 0.31 | 0.00 | 1.27 | 14.29 | |||
| YA1 | 2.01 | 0.22 | 0.06 | 1.07 | 2.26 | 4.84 | 11.36 | |||
| SGJH | 2.13 | 0.33 | 0.04 | 0.95 | 2.58 | 7.14 | 18.25 | |||
| FMV | 4.13 | 1.07 | 0.23 | 0.59 | 4.29 | 8.56 | 24.51 | |||
| DP4B | 0.71 | 0.19 | 0.09 | 4.31 | 0.60 | 2.53 | 7.25 | |||
| K3E | 0.98 | 0.31 | 0.21 | 0.96 | 0.73 | 2.20 | 7.93 | |||
| NPV | 0.67 | 0.18 | 0.12 | 5.80 | 0.33 | 1.66 | 4.18 | |||
| SII | 2.02 | 0.57 | 0.19 | 1.43 | 2.25 | 4.43 | 15.45 | |||
| 28L | 84.36 | 34.01 | 0.54 | 0.87 | 23.80 | 700.00 | 780.00 | |||
| CQD | 1.87 | 0.11 | 0.03 | 0.42 | 2.05 | 4.19 | 12.31 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Realty Income 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?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
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Realty Income Corporate Management
Elected by the shareholders, the Realty Income's board of directors comprises two types of representatives: Realty Income inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Realty. The board's role is to monitor Realty Income's management team and ensure that shareholders' interests are well served. Realty Income's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Realty Income's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Teresa Glenn | Associate Operations | Profile | |
| Neale CPA | Senior Officer | Profile | |
| Michelle Bushore | Chief VP | Profile | |
| Kelsey Mueller | Vice Relations | Profile | |
| Scott Kohnen | VP Research | Profile | |
| Ross Edwards | VP Management | Profile |