This module allows you to analyze existing cross correlation between Equity One Inc and Realty Income Corporation. You can compare the effects of market volatilities on Equity One and Realty Income and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Equity One with a short position of Realty Income. See also your portfolio center
. Please also check ongoing floating volatility patterns of Equity One
and Realty Income
Equity One Inc vs Realty Income Corp.
If you would invest 4,940 in Realty Income Corporation on January 22, 2018 and sell it today you would earn a total of 0.00 from holding Realty Income Corporation or generate 0.0% return on investment over 30 days.
|Time Period||1 Month [change]|
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Equity One Inc and Realty Income Corp. in the same portfolio assuming nothing else is changed. The correlation between historical prices or returns on Realty Income and Equity One is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Equity One Inc are associated (or correlated) with Realty Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when the price movement of Realty Income has no effect on the direction of Equity One i.e. Equity One and Realty Income go up and down completely randomly.
Over the last 30 days Realty Income Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.