W.P. Carey Inc. (REIT) (WPC) — Stock Correlations & Overview
Over the past year, WPC has moved most closely with NETL, NNN, O. Explore the stocks most correlated and inversely correlated with WPC below, along with its price, financials, and company profile.
Stocks correlated with WPC
Correlation of daily returns. Higher positive values move with WPC; negative values move opposite it. Informational only, not investment advice.
Most correlated with WPC
| Symbol | Company | Correlation |
|---|---|---|
| NETL | Colterpoint Net Lease Real Estate ETF | 0.78 |
| NNN | NNN REIT, Inc.REAL ESTATE INVESTMENT TRUSTS | 0.75 |
| O | Realty Income CorporationREAL ESTATE INVESTMENT TRUSTS | 0.71 |
| RWR | State Street SPDR Dow Jones REIT ETF | 0.71 |
| ADC | Agree Realty CorporationREAL ESTATE INVESTMENT TRUSTS | 0.70 |
Frequently asked questions about WPC correlations
- Which stocks are most correlated with WPC?
- Based on one year of daily returns, the stocks most correlated with W.P. Carey Inc. (REIT) (WPC) are NETL (0.78), NNN (0.75) and O (0.71). 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 WPC?
- Over the past year, the stocks most inversely correlated with W.P. Carey Inc. (REIT) (WPC) are DRV (-0.64), SRS (-0.64) and REK (-0.63). 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 WPC correlations calculated?
- We compute the correlation of daily returns between WPC 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.
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