Acadia Realty Trust (AKR) — Stock Correlations & Overview
Over the past year, AKR has moved most closely with BRX, PPTY, KRG. Explore the stocks most correlated and inversely correlated with AKR below, along with its price, financials, and company profile.
Stocks correlated with AKR
Correlation of daily returns. Higher positive values move with AKR; negative values move opposite it. Informational only, not investment advice.
Most correlated with AKR
| Symbol | Company | Correlation |
|---|---|---|
| BRX | BRIXMOR PROPERTY GROUP INC.REAL ESTATE INVESTMENT TRUSTS | 0.65 |
| PPTY | U.S. Diversified Real Estate ETF | 0.65 |
| KRG | Kite Realty Group TrustREAL ESTATE INVESTMENT TRUSTS | 0.64 |
| KIM | Kimco Realty Corp.REAL ESTATE INVESTMENT TRUSTS | 0.64 |
| PECO | Phillips Edison & Company, Inc. Common StockREAL ESTATE INVESTMENT TRUSTS | 0.62 |
Frequently asked questions about AKR correlations
- Which stocks are most correlated with AKR?
- Based on one year of daily returns, the stocks most correlated with Acadia Realty Trust (AKR) are BRX (0.65), PPTY (0.65) and KRG (0.64). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with AKR?
- Over the past year, the stocks most inversely correlated with Acadia Realty Trust (AKR) are DRV (-0.56), SRS (-0.55) and REK (-0.55). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these AKR correlations calculated?
- We compute the correlation of daily returns between AKR and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.