SEGRO Plc Correlations

S4VC Stock

EUR 9.30 0.10 1.09%

The current 90-days correlation between SEGRO Plc and Constellation Software is 0.06 (i.e., Significant diversification). The correlation of SEGRO Plc 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.

SEGRO Plc Correlation With Market

Average diversification

The correlation between SEGRO Plc and DJI is 0.1 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding SEGRO Plc and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to SEGRO Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SEGRO Plc 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 SEGRO Plc - 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 SEGRO Plc to buy it.

Moving together with SEGRO Stock

0.75	POJN	Prologis	Pair Corr
0.9	YAR	Yara International ASA	Pair Corr
0.61	EGO	EastGroup Properties	Pair Corr
0.88	S3Z	Ascendas Real Estate	Pair Corr
0.62	9NPA	NIPPON PROLOGIS REIT	Pair Corr
0.8	M2L	Mapletree Industrial	Pair Corr
0.84	6FO	GOODTECH ASA A	Pair Corr

Moving against SEGRO Stock

0.91	GC6	Primo Water Corp	Pair Corr
0.83	ESLC	ESSILORLUXOTTICA 12ON	Pair Corr
0.81	GLE	Gladstone Commercial	Pair Corr
0.67	9MDA	MEITUAN UNSPADR/2B	Pair Corr
0.42	PP1	Papa Johns International	Pair Corr
0.34	7EL	Elis SA	Pair Corr
0.9	OYC	DELTA AIR LINES	Pair Corr
0.86	7RY	Ryerson Holding	Pair Corr
0.86	PL0	Playa Hotels Resorts	Pair Corr
0.85	ILT	Illinois Tool Works	Pair Corr
0.85	RY4C	Ryanair Holdings plc	Pair Corr
0.85	GOS	Goldman Sachs	Pair Corr
0.85	WED	Webster Financial	Pair Corr
0.83	BBN1	Blackstone Group	Pair Corr
0.79	DTE	Deutsche Telekom	Pair Corr
0.72	C2L	CRRC Limited	Pair Corr
0.67	APC	Apple Inc	Pair Corr
0.66	APC	Apple Inc	Pair Corr
0.65	E6Q	Gold Road Resources	Pair Corr
0.43	1YD	Broadcom Earnings Call This Week	Pair Corr
0.91	1XV	AXWAY SOFTWARE EO	Pair Corr
0.87	CFX	Capital One Financial	Pair Corr
0.86	2OX	Goosehead Insurance	Pair Corr
0.86	43D	Darling Ingredients	Pair Corr

Related Correlations Analysis

	W9C	CEK	UWS	AOF	BBEA	MOB	PSAN
W9C		0.58	0.75	-0.16	0.71	0.67	0.0	W9C
CEK	0.58		0.43	-0.08	0.43	0.42	0.16	CEK
UWS	0.75	0.43		-0.45	0.91	0.88	-0.2	UWS
AOF	-0.16	-0.08	-0.45		-0.52	-0.44	0.29	AOF
BBEA	0.71	0.43	0.91	-0.52		0.89	-0.23	BBEA
MOB	0.67	0.42	0.88	-0.44	0.89		0.03	MOB
PSAN	0.0	0.16	-0.2	0.29	-0.23	0.03		PSAN
	W9C	CEK	UWS	AOF	BBEA	MOB	PSAN

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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

BBEA	+ 0.91	UWS
MOB	+ 0.89	BBEA
MOB	+ 0.88	UWS
UWS	+ 0.75	W9C
BBEA	+ 0.71	W9C
MOB	+ 0.67	W9C

High negative correlations

BBEA	- 0.52	AOF
AOF	- 0.45	UWS
MOB	- 0.44	AOF
PSAN	- 0.23	BBEA
PSAN	- 0.2	UWS
AOF	- 0.16	W9C

Risk-Adjusted Indicators

There is a big difference between SEGRO Stock performing well and SEGRO Plc 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 SEGRO Plc'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
W9C	0.84	0.13	0.03	0.63	0.88	(1.16)	2.34	(1.53)	5.85
CEK	2.26	0.60	0.20	2.69	2.16	(2.83)	6.54	(4.33)	12.98
UWS	0.91	0.15	0.07	0.70	0.74	(1.14)	2.13	(1.60)	7.06
AOF	1.64	(0.30)	0.00	(0.26)	0.00	0.00	3.19	(2.65)	12.93
BBEA	1.35	0.27	0.12	1.14	1.27	(1.61)	2.55	(2.85)	8.27
MOB	1.19	0.32	0.13	4.51	1.33	(1.34)	3.21	(1.69)	12.23
PSAN	0.91	0.07	(0.03)	(8.27)	1.10	(1.11)	2.26	(1.79)	7.62

Be your own money manager

Our tools can tell you how much better you can do entering a position in SEGRO Plc 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.

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SEGRO Plc Corporate Management

Elected by the shareholders, the SEGRO Plc's board of directors comprises two types of representatives: SEGRO Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SEGRO. The board's role is to monitor SEGRO Plc's management team and ensure that shareholders' interests are well served. SEGRO Plc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SEGRO Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.

Soumen Das	CFO Director	Profile
Nick Hughes	Director Communications	Profile
MRICS Bsc	COO Director	Profile
James Power	Director Technology	Profile
Gary Gaskarth	External Mang	Profile
David OBE	CEO Director	Profile
Claire Mogford	Head Relations	Profile

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