Digital Realty Correlations
| DLR-PJ Preferred Stock | USD 23.40 0.09 0.39% |
The current 90-days correlation between Digital Realty Trust and Digital Realty Trust is 0.77 (i.e., Poor diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Digital Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Digital Realty Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Digital Realty Correlation With Market
Average diversification
The correlation between Digital Realty Trust and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Digital Realty Trust and DJI in the same portfolio, assuming nothing else is changed.
Digital |
The ability to find closely correlated positions to Digital Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Digital Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Digital Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Digital Realty Trust to buy it.
Moving together with Digital Preferred Stock
| 0.85 | EPR-PE | EPR Properties Series | PairCorr |
| 0.86 | EPR-PC | EPR Properties | PairCorr |
| 0.77 | EPR-PG | EPR Properties | PairCorr |
| 0.92 | DLR-PL | Digital Realty Trust | PairCorr |
| 0.69 | O | Realty Income | PairCorr |
| 0.83 | WY | Weyerhaeuser Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.86 | ADC-PA | Agree Realty | PairCorr |
| 0.85 | VNO-PL | Vornado Realty Trust | PairCorr |
| 0.68 | VNO-PO | Vornado Realty Trust | PairCorr |
Moving against Digital Preferred Stock
| 0.53 | LANDM | Gladstone Land Corp | PairCorr |
| 0.38 | UE | Urban Edge Properties | PairCorr |
| 0.36 | PW-PA | Power REIT PFD | PairCorr |
| 0.65 | EMITF | Elbit Imaging | PairCorr |
| 0.5 | DOUG | Douglas Elliman | PairCorr |
| 0.37 | WELL | Welltower | PairCorr |
Related Correlations Analysis
| 0.61 | 0.44 | 0.91 | 0.19 | 0.69 | EPR-PG | ||
| 0.61 | 0.41 | 0.74 | 0.65 | 0.7 | DLR-PL | ||
| 0.44 | 0.41 | 0.5 | 0.16 | 0.56 | LANDO | ||
| 0.91 | 0.74 | 0.5 | 0.29 | 0.73 | EPR-PC | ||
| 0.19 | 0.65 | 0.16 | 0.29 | 0.42 | DLR-PK | ||
| 0.69 | 0.7 | 0.56 | 0.73 | 0.42 | EPR-PE | ||
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Risk-Adjusted Indicators
There is a big difference between Digital Preferred Stock performing well and Digital 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 Digital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EPR-PG | 0.69 | (0.03) | (0.09) | 0.06 | 1.03 | 1.48 | 8.04 | |||
| DLR-PL | 0.63 | (0.03) | 0.00 | (4.93) | 0.00 | 1.15 | 3.40 | |||
| LANDO | 0.61 | 0.08 | (0.06) | 4.24 | 0.61 | 1.18 | 3.52 | |||
| EPR-PC | 0.72 | (0.03) | (0.13) | 0.01 | 0.90 | 1.43 | 3.58 | |||
| DLR-PK | 0.38 | 0.01 | (0.24) | 0.30 | 0.42 | 0.68 | 2.01 | |||
| EPR-PE | 0.68 | 0.03 | (0.08) | 0.31 | 0.71 | 1.86 | 5.55 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Digital Realty without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Digital Realty Corporate Management
| Christopher Sharp | Chief Officer | Profile | |
| Edward Diver | Chief Officer | Profile | |
| Arthur Stein | CEO Director | Profile | |
| Camilla Harris | Chief Officer | Profile | |
| Jeannie Lee | Gen VP | Profile | |
| Cindy Fiedelman | Chief Officer | Profile | |
| Gregory Wright | Chief Officer | Profile |