Power REIT Correlations

PW Stock  USD 1.45  0.35  19.44%   
The current 90-days correlation between Power REIT and Crown Castle is -0.18 (i.e., Good diversification). The correlation of Power REIT 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. If the correlation is 0, the equities are not correlated; they are entirely random.

Power REIT Correlation With Market

Very good diversification

The correlation between Power REIT and DJI is -0.27 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Power REIT 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 Power REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Power Stock please use our How to Invest in Power REIT guide.

Moving against Power Stock

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  0.42ALX AlexandersPairCorr
  0.6DLR Digital Realty TrustPairCorr
  0.4DRH Diamondrock HospitalityPairCorr
  0.35DHC Diversified HealthcarePairCorr

Related Correlations Analysis

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Risk-Adjusted Indicators

There is a big difference between Power Stock performing well and Power REIT 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 Power REIT'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.

Power REIT Corporate Management

Paula PoskonIndependent TrusteeProfile
Patrick HaynesIndependent TrusteeProfile
Mary JensenDirector RelationsProfile
Virgil WengerIndependent TrusteeProfile
Susan HollanderChief Accounting OfficerProfile
William SusmanIndependent TrusteeProfile