SL Green Correlations

Stocks . USA . 
Stock . SL Green Realty
SLG Stock  USD 74.11  1.23  1.63%   
The current 90-days correlation between SL Green Realty and Boston Properties is 0.63 (i.e., Poor diversification). The correlation of SL Green 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.

SL Green Correlation With Market

Weak diversification

The correlation between SL Green Realty and DJI is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SL Green Realty and DJI in the same portfolio, assuming nothing else is changed.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Moving together with SLG Stock

  0.8FSP Franklin Street PropPairCorr
  0.61GTY Getty RealtyPairCorr
  0.68KRG Kite Realty GroupPairCorr
  0.7SPG Simon Property GroupPairCorr
  0.88UE Urban Edge PropertiesPairCorr

Moving against SLG Stock

  0.64WY Weyerhaeuser Fiscal Year End 23rd of January 2025 PairCorr
  0.56EGP EastGroup PropertiesPairCorr
  0.55BNL Broadstone Net LeasePairCorr
  0.53FR First Industrial RealtyPairCorr
  0.52WHLR Wheeler Real EstatePairCorr
  0.52O Realty Income Sell-off TrendPairCorr
  0.51UK Ucommune InternationalPairCorr
  0.5INN Summit Hotel PropertiesPairCorr
  0.5LXP LXP Industrial TrustPairCorr
  0.48HASI Hannon Armstrong SusPairCorr
  0.44HPP Hudson Pacific PropertiesPairCorr
  0.34JBGS JBG SMITH PropertiesPairCorr
  0.34RC Ready Capital CorpPairCorr
  0.69VTMX Corporacin InmobiliariaPairCorr
  0.62AHT-PG Ashford Hospitality TrustPairCorr
  0.6AHT-PH Ashford Hospitality TrustPairCorr
  0.58ADC-PA Agree RealtyPairCorr
  0.56WETH Wetouch Technology CommonPairCorr
  0.54AHT-PI Ashford Hospitality TrustPairCorr
  0.52VNO-PL Vornado Realty TrustPairCorr
  0.48VICI VICI PropertiesPairCorr
  0.43AHT-PD Ashford Hospitality TrustPairCorr

Related Correlations Analysis

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