Americold Realty Correlations
| COLD Stock | USD 21.60 0.31 1.46% |
The current 90-days correlation between Americold Realty Trust and Rexford Industrial Realty is 0.61 (i.e., Poor diversification). The correlation of Americold Realty 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.
Americold Realty Correlation With Market
Weak diversification
The correlation between Americold Realty Trust 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 Americold Realty Trust and DJI in the same portfolio, assuming nothing else is changed.
Americold |
Moving together with Americold Stock
| 0.68 | HPP | Hudson Pacific Properties | PairCorr |
| 0.62 | O | Realty Income | PairCorr |
| 0.63 | FR | First Industrial Realty | PairCorr |
| 0.65 | WY | Weyerhaeuser | PairCorr |
| 0.66 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.65 | VNO-PM | Vornado Realty Trust | PairCorr |
Moving against Americold Stock
| 0.38 | WHLR | Wheeler Real Estate | PairCorr |
| 0.37 | ESBA | Empire State Realty | PairCorr |
| 0.34 | WETH | Wetouch Technology Common | PairCorr |
Related Correlations Analysis
| 0.87 | 0.82 | -0.33 | 0.0 | 0.6 | 0.79 | REXR | ||
| 0.87 | 0.96 | -0.48 | 0.0 | 0.76 | 0.94 | TRNO | ||
| 0.82 | 0.96 | -0.41 | 0.0 | 0.83 | 0.99 | FR | ||
| -0.33 | -0.48 | -0.41 | 0.0 | -0.01 | -0.37 | PLYM | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | INDT | ||
| 0.6 | 0.76 | 0.83 | -0.01 | 0.0 | 0.86 | LXP | ||
| 0.79 | 0.94 | 0.99 | -0.37 | 0.0 | 0.86 | EGP | ||
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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
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Americold Stock performing well and Americold Realty 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 Americold Realty'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| REXR | 1.32 | 0.06 | 0.04 | 0.03 | 1.53 | 2.89 | 7.35 | |||
| TRNO | 1.02 | 0.07 | 0.06 | 0.08 | 1.42 | 2.15 | 9.03 | |||
| FR | 1.04 | 0.09 | 0.07 | 0.09 | 1.31 | 2.38 | 7.96 | |||
| PLYM | 1.29 | (0.11) | 0.00 | (0.30) | 0.00 | 3.03 | 7.28 | |||
| INDT | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| LXP | 1.21 | 0.05 | 0.04 | 0.03 | 1.55 | 2.26 | 7.76 | |||
| EGP | 1.09 | 0.10 | 0.08 | 0.11 | 1.31 | 1.88 | 7.67 |
Americold Realty Corporate Management
| Robert Bass | Trustee | Profile | |
| George Alburger | Independent Trustee | Profile | |
| Thomas CPA | Chief VP | Profile | |
| Antonio Fernandez | Independent Trustee | Profile | |
| Andrew Power | Independent Trustee | Profile |