Realty Income Correlations

O Stock

USD 62.01 0.39 0.63%

The current 90-days correlation between Realty Income and Kimco Realty is 0.55 (i.e., Very weak diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Realty Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Realty Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Realty Income Correlation With Market

Significant diversification

The correlation between Realty Income and DJI is 0.04 (i.e., Significant 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.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Realty Income. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Realty Stock, please use our How to Invest in Realty Income guide.

Moving together with Realty Stock

0.82	EQIX	Equinix	Pair Corr
0.98	ADC	Agree Realty	Pair Corr
0.97	AKR	Acadia Realty Trust	Pair Corr
0.85	BDN	Brandywine Realty Trust	Pair Corr
0.89	BNL	Broadstone Net Lease	Pair Corr
0.95	BRX	Brixmor Property Sell-off Trend	Pair Corr
0.85	BXP	Boston Properties	Pair Corr
0.94	CUZ	Cousins Properties	Pair Corr
0.8	DEI	Douglas Emmett	Pair Corr
0.93	FRT	Federal Realty Investment	Pair Corr
0.89	GTY	Getty Realty	Pair Corr
0.94	HIW	Highwoods Properties	Pair Corr
0.84	INN	Summit Hotel Properties	Pair Corr
0.95	KIM	Kimco Realty	Pair Corr
0.94	KRG	Kite Realty Group	Pair Corr
0.65	LTC	LTC Properties	Pair Corr
0.96	NNN	National Retail Prop	Pair Corr
0.92	PDM	Piedmont Office Realty	Pair Corr
0.97	REG	Regency Centers	Pair Corr
0.83	SKT	Tanger Factory Outlet	Pair Corr
0.78	SLG	SL Green Realty Fiscal Year End 22nd of January 2025	Pair Corr
0.89	SPG	Simon Property Group	Pair Corr
0.85	VNO	Vornado Realty Trust Sell-off Trend	Pair Corr
0.75	GOOD	Gladstone Commercial	Pair Corr
0.84	JBGS	JBG SMITH Properties	Pair Corr
0.78	PSTL	Postal Realty Trust	Pair Corr

Moving against Realty Stock

0.76	WHLR	Wheeler Real Estate Trending	Pair Corr
0.4	HPP	Hudson Pacific Properties	Pair Corr
0.9	UK	Ucommune International	Pair Corr
0.68	RC	Ready Capital Corp	Pair Corr
0.33	WSR	Whitestone REIT	Pair Corr

Related Correlations Analysis

	FRT	MAC	NNN	KIM	ADC	SPG	AKR	WSR	REG	NTST
FRT		0.37	0.91	0.95	0.93	0.79	0.92	-0.19	0.94	0.34	FRT
MAC	0.37		0.58	0.55	0.44	0.71	0.58	0.3	0.41	0.4	MAC
NNN	0.91	0.58		0.95	0.95	0.87	0.94	-0.22	0.94	0.34	NNN
KIM	0.95	0.55	0.95		0.95	0.92	0.96	-0.22	0.97	0.4	KIM
ADC	0.93	0.44	0.95	0.95		0.85	0.96	-0.39	0.98	0.19	ADC
SPG	0.79	0.71	0.87	0.92	0.85		0.92	-0.2	0.86	0.34	SPG
AKR	0.92	0.58	0.94	0.96	0.96	0.92		-0.27	0.95	0.22	AKR
WSR	-0.19	0.3	-0.22	-0.22	-0.39	-0.2	-0.27		-0.4	0.42	WSR
REG	0.94	0.41	0.94	0.97	0.98	0.86	0.95	-0.4		0.25	REG
NTST	0.34	0.4	0.34	0.4	0.19	0.34	0.22	0.42	0.25		NTST
	FRT	MAC	NNN	KIM	ADC	SPG	AKR	WSR	REG	NTST

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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

REG	+ 0.98	ADC
REG	+ 0.97	KIM
AKR	+ 0.96	KIM
AKR	+ 0.96	ADC
KIM	+ 0.95	FRT
KIM	+ 0.95	NNN

High negative correlations

REG	- 0.4	WSR
WSR	- 0.39	ADC
WSR	- 0.27	AKR
WSR	- 0.22	KIM
WSR	- 0.22	NNN
WSR	- 0.2	SPG

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
FRT	0.83	0.10	0.06	0.26	0.75	(1.05)	2.26	(1.98)	5.17
MAC	1.63	0.11	0.08	0.17	2.06	(1.76)	3.24	(3.85)	8.76
NNN	0.72	0.20	0.13	3.24	0.54	(0.85)	1.74	(1.24)	5.20
KIM	0.96	0.19	0.14	0.33	0.89	(1.12)	2.52	(2.00)	6.52
ADC	0.74	0.28	0.23	10.24	0.36	(0.90)	1.81	(0.95)	4.72
SPG	1.01	0.12	0.07	0.22	1.28	(1.09)	2.26	(2.00)	8.56
AKR	0.92	0.26	0.23	0.39	0.66	(1.05)	2.40	(1.24)	6.72
WSR	0.99	(0.07)	(0.06)	0.03	1.15	(1.20)	2.35	(1.77)	7.01
REG	0.88	0.17	0.10	0.50	0.87	(1.00)	2.02	(1.68)	5.93
NTST	0.97	(0.10)	0.00	(0.07)	0.00	0.00	1.93	(2.12)	7.16

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