Segro Plc Correlations

SEGXF Stock

USD 10.21 0.06 0.58%

The current 90-days correlation between Segro Plc and LXP Industrial Trust is -0.24 (i.e., Very good diversification). The correlation of Segro Plc 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.

Segro Plc Correlation With Market

Good diversification

The correlation between Segro Plc and DJI is -0.05 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Segro Plc and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Segro Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Segro Plc 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 Segro Plc - 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 Segro Plc to buy it.

Moving together with Segro Pink Sheet

0.85	PLD	Prologis Fiscal Year End 15th of January 2025	Pair Corr
0.72	PSA	Public Storage	Pair Corr
0.84	EXR	Extra Space Storage	Pair Corr
0.93	REXR	Rexford Industrial Realty	Pair Corr
0.89	EGP	EastGroup Properties	Pair Corr
0.73	BKRKF	PT Bank Rakyat	Pair Corr
0.94	KO	Coca Cola Sell-off Trend	Pair Corr

Moving against Segro Pink Sheet

0.87	PLTR	Palantir Technologies Aggressive Push	Pair Corr
0.85	PBMRF	PT Bumi Resources	Pair Corr
0.71	CMWCF	Cromwell Property	Pair Corr
0.31	CICHF	China Construction Bank	Pair Corr
0.87	BAC	Bank of America Aggressive Push	Pair Corr
0.86	JPM	JPMorgan Chase Sell-off Trend	Pair Corr
0.83	CVX	Chevron Corp Sell-off Trend	Pair Corr
0.76	WMT	Walmart Aggressive Push	Pair Corr
0.74	AA	Alcoa Corp Fiscal Year End 15th of January 2025	Pair Corr
0.74	DIS	Walt Disney Aggressive Push	Pair Corr
0.73	AXP	American Express Fiscal Year End 24th of January 2025	Pair Corr
0.73	TRV	The Travelers Companies Fiscal Year End 17th of January 2025	Pair Corr
0.69	T	ATT Inc Aggressive Push	Pair Corr
0.63	FDS	FactSet Research Systems	Pair Corr
0.6	HPQ	HP Inc	Pair Corr
0.5	XOM	Exxon Mobil Corp Sell-off Trend	Pair Corr
0.49	CAT	Caterpillar Fiscal Year End 3rd of February 2025	Pair Corr
0.43	HD	Home Depot Sell-off Trend	Pair Corr

Related Correlations Analysis

	LXP	FR	PLYM	TRNO	REXR	EGP	EXR	CUBE	NSA	PSA
LXP		0.91	0.94	0.93	0.9	0.93	0.78	0.77	0.75	0.59	LXP
FR	0.91		0.86	0.93	0.9	0.93	0.82	0.81	0.79	0.66	FR
PLYM	0.94	0.86		0.91	0.91	0.88	0.72	0.73	0.66	0.52	PLYM
TRNO	0.93	0.93	0.91		0.96	0.95	0.84	0.88	0.83	0.69	TRNO
REXR	0.9	0.9	0.91	0.96		0.93	0.89	0.89	0.85	0.73	REXR
EGP	0.93	0.93	0.88	0.95	0.93		0.86	0.86	0.85	0.74	EGP
EXR	0.78	0.82	0.72	0.84	0.89	0.86		0.96	0.97	0.91	EXR
CUBE	0.77	0.81	0.73	0.88	0.89	0.86	0.96		0.97	0.93	CUBE
NSA	0.75	0.79	0.66	0.83	0.85	0.85	0.97	0.97		0.92	NSA
PSA	0.59	0.66	0.52	0.69	0.73	0.74	0.91	0.93	0.92		PSA
	LXP	FR	PLYM	TRNO	REXR	EGP	EXR	CUBE	NSA	PSA

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Risk-Adjusted Indicators

There is a big difference between Segro Pink Sheet performing well and Segro Plc 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 Segro Plc'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
LXP	0.87	(0.23)	0.00	(0.14)	0.00	0.00	1.50	(2.08)	7.57
FR	0.85	(0.13)	0.00	(0.15)	0.00	0.00	1.48	(1.82)	3.74
PLYM	1.12	(0.51)	0.00	(0.32)	0.00	0.00	1.28	(3.15)	10.73
TRNO	1.01	(0.24)	0.00	(0.53)	0.00	0.00	1.47	(2.30)	8.19
REXR	1.30	(0.33)	0.00	(0.90)	0.00	0.00	2.08	(2.76)	12.54
EGP	0.87	(0.17)	0.00	(0.17)	0.00	0.00	1.43	(1.82)	5.66
EXR	1.05	(0.02)	0.00	0.28	0.00	0.00	1.75	(2.61)	7.52
CUBE	0.95	(0.02)	0.00	0.18	0.00	0.00	2.23	(1.69)	7.82
NSA	1.09	(0.01)	(0.08)	(0.08)	1.49	(1.14)	2.03	(2.76)	6.48
PSA	1.07	0.06	(0.04)	(0.51)	1.52	(0.99)	2.40	(2.02)	7.24

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Our tools can tell you how much better you can do entering a position in Segro Plc 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.

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Segro Plc Corporate Management

MRICS Bsc	COO Director	Profile
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