Digital Realty Trust, Inc. 5.250% Series J Cumulative Redeemable Preferred Stock (DLRpJ) — Stock Correlations & Overview
Over the past year, DLRpJ has moved most closely with DLRpL, PSApQ, PSApJ. Explore the stocks most correlated and inversely correlated with DLRpJ below, along with its price, financials, and company profile.
Stocks correlated with DLRpJ
Correlation of daily returns. Higher positive values move with DLRpJ; negative values move opposite it. Informational only, not investment advice.
Most correlated with DLRpJ
| Symbol | Company | Correlation |
|---|---|---|
| DLRpL | Digital Realty Trust, Inc. 5.200% Series L Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS | 0.70 |
| PSApQ | Public Storage Depositary Shares Each Representing 1/1,000 of a 3.950% Cumulative Preferred Share of Beneficial Interest, Series QREAL ESTATE INVESTMENT TRUSTS | 0.60 |
| PSApJ | Public Storage Depositary Shares Each Representing 1/1,000 of a 4.700% Cumulative Preferred Share of Beneficial Interest, Series JREAL ESTATE INVESTMENT TRUSTS | 0.58 |
| PSApI | Public Storage Depositary Shares Each Representing 1/1,000 of a 4.875% Cumulative Preferred Share of Beneficial Interest, Series I, par value $0.01 per shareREAL ESTATE INVESTMENT TRUSTS | 0.58 |
| WRBpF | W.R. Berkley Corporation 5.10% Subordinated Debentures due 2059FIRE, MARINE & CASUALTY INSURANCE | 0.58 |
Most inversely correlated with DLRpJ
| Symbol | Company | Correlation |
|---|---|---|
| SLTY | YieldMax Ultra Short Option Income Strategy ETF | -0.38 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.37 |
| SPXS | Direxion Daily S&P 500 Bear 3x ETF | -0.37 |
| QQDN | ProShares Trust ProShares UltraShort QQQ Mega | -0.37 |
| SDS | ProShares UltraShort S&P500 | -0.37 |
Frequently asked questions about DLRpJ correlations
- Which stocks are most correlated with DLRpJ?
- Based on one year of daily returns, the stocks most correlated with Digital Realty Trust, Inc. 5.250% Series J Cumulative Redeemable Preferred Stock (DLRpJ) are DLRpL (0.70), PSApQ (0.60) and PSApJ (0.58). 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 DLRpJ?
- Over the past year, the stocks most inversely correlated with Digital Realty Trust, Inc. 5.250% Series J Cumulative Redeemable Preferred Stock (DLRpJ) are SLTY (-0.38), SARK (-0.37) and SPXS (-0.37). 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 DLRpJ correlations calculated?
- We compute the correlation of daily returns between DLRpJ 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.